Covid-19 – Page 45
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IT InterviewUninsured smaller acquisitions spark fresh demand for insurance solution says CFC’s Angus Marshall
With a potential post-pandemic capacity crunch in M&A, CFC’s Angus Marshall gives his view on the current environment and why corporates are looking at warranty and indemnity insurance
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IT InterviewCovid-inflated credit hire claims is ‘a big issue' for insurers, says law firm partner
The Covid-19 pandemic may be boosting income opportunities for credit hire firms – accumulatively, this could end up being a big financial hit for insurers
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NewsNDML and NTIA urge Hiscox to pay interim BI claims
The broker and trade body encourage insurance firm to take ‘the ethical approach’ and pay 50% of policyholders’ claims now
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News AnalysisBriefing: Covid-19 set to drive up popularity of captives
The Covid-19 pandemic has accelerated an already emerging trend of corporates taking refuge in their own captives, and brokers will need to change the way they operate in response By insight editor Matt Scott
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FeaturesCovid lockdown boosts industry’s prospective talent pool thanks to home working
Boris Johnson’s working from home initiative to mitigate the spread of coronavirus may have given the insurance industry’s recruitment drive a much-needed injection, as the siren call of home and flexible working has the potential to attract new, diverse talent
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NewsFSCS urges customers to ask key questions before switching insurers
With the ongoing pandemic and the FCA’s pricing practices report in mind, FSCS wants customers to be ‘confident and in control’
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NewsCovid-19 lockdown accelerates van insurance demand
Vans have become critical during the UK’s lockdown and this has led to an uptick in van insurance requests
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NewsMore than a third of SMEs are interested in pandemic-related insurance
However, a pandemic insurance product targeted at micro or sole trader sized businesses could be ‘unsustainable’ for insurers says analytics firm
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NewsLaw firm considers legal action against 12 insurers following BI test case result
Mishcon de Reya believes insurers such as Aviva and Chubb should be paying out for Covid-related business interruption claims that fall under ‘resilience’ policy wordings
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IT InterviewLockdown is technology’s ‘moment to shine’ says Insurercore’s founder and MD Peter Clarke
Technology has been crucial during the UK’s lockdown - this has accelerated platform on-boarding and searches for Insurercore, the insurance market’s risk appetite directory, which acts like a ’dating agency’. Its managing director Peter Clarke tells Insurance Times why the Covid-19 pandemic is technology’s ’moment to shine’ and discusses the ...
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NewsLaw firm expands group action to dental sector in BI claims pursual
Mishcon de Reya is urging all dental practices to get in touch as it believes that many are insured for Covid-related business interruption claims
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News AnalysisBriefing: Lloyd’s results revealed a big Covid-19 hit, but under the surface things may be looking healthier for the market
The Covid-19 pandemic forced Lloyd’s half-year COR up to a highly unprofitable 110.4%, but underneath, a disciplined approach to underwriting could be setting them up for a return to profit in 2021 By insight editor Matt Scott
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IT InterviewKingfisher adopts strong M&A focus as part of business re-brand
A 12-month, multimillion pound transformation and change project has seen Vantage Holdings morph into the newly rebranded Kingfisher Holdings. Insurance Times gets the details from the firm’s group chief executive
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News AnalysisPolicyholders need to home in on balance sheets to take advantage of test case verdict
Although claims preparations can now go ‘full steam ahead’ following the publication of the High Court’s ruling, projected profits and losses must be considered for quantum purposes
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News AnalysisFCA called out as ‘shining example of regulatory intervention’ for test case action
Despite being celebrated as a policyholder victory, many legal professionals feel this reaction to the test case verdict could be ‘premature’ as the likelihood of an appeal from insurers still looms large
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NewsTechnology & Innovation Awards finalist 2020 Q&A: PCI Pal’s Interactive Voice Response system reduces call drop-rates
One day to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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News AnalysisBI test case decision is ‘conclusive judgment in favour of policyholders’
Industry expert says the verdict is ‘no surprise’, however the industry is ‘nowhere near the finishing line’ as insurers now need to reassess their business interruption policy wordings
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Online onlyBriefing: Customers will face more agony despite test case ruling
The FCA ruling will only help some clients and, even then, there will be arguments over payouts. The FCA ruling closes one chapter on this unedifying experience for the insurance industry. There are lessons to be learned.
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NewsTechnology & Innovation Awards finalist 2020 Q&A: Balkerne helps insurers and captives prevent losses
One day to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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NewsLloyd’s of London backs FCA BI test case ruling
Following the ruling from the High Court on the FCA business interruption test case, Lloyd’s and LIIBA explain their stances
