Covid-19 – Page 47
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News AnalysisVulnerable customers on the rise post-Covid-19, but insurers and brokers can help with better credit options
New research from Consumer Intelligence, published exclusively by Insurance Times, reveals how vulnerable customers are being affected by the pandemic, as well as why this represents an opportunity for brokers and insurers to boost their brand’s reputation and their underlying business performance by offering better credit options for paying by ...
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NewsInsurance quotes for ecommerce boomed as businesses pivoted during lockdown
Trends for types of combined commercial policies reflect how businesses have adapted during the coronavirus pandemic, says Superscript
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NewsBritish theatres and live music venues can no longer get commercial insurance
Two brokers have joined forces to address the problem that British theatres and live music venues are facing due to the pandemic
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Sponsored ContentIndustry must work to be ahead of curve for fraud post-Covid – Carpenters Group
Donna Scully, director at Carpenters Group discusses how the insurance industry can remain ahead of the curve with fraud as meetings and office work may never look the same again post-Covid-19
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News AnalysisOnline fraud and cyber scams soar during pandemic lockdown but insurance for it 'fairly new'
A spike fraud and cyber scam in cases has exposed a new risk for the cyber insurance market, Insurance Times looks at what the industry is doing to protect vulnerable customers during the pandemic and why some many not be covered if they work remotely
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Sponsored ContentMGAs: Retaining relevance in a changing distribution landscape – Gresham Underwriting
After being awarded a five-star rating in Insurance Times’s MGA survey, Robert Munden, Gresham Underwriting’s chief underwriting officer discusses how MGAs can stay relevant in a changing distribution landscape
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NewsCoronavirus lockdown causes 0.3% decline in home insurance premiums
However, average premiums for this line of business has increased by 3% over the last 12 months
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NewsMunich Re-backed insurtech raises extra £1.6m for growth in new markets
With its second fund raise this year, Urban Jungle is not showing any signs of slowing down, even though the Covid-19 pandemic is a financial obstacle for most of the sector
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NewsInsurers unveiled 107,000 fraudulent insurance claims in 2019
This equates to a new insurance scam being uncovered every five minutes, totalling around 300 fraudulent claims a day
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People & OpinionCovid-19 is just an excuse for poor service from the insurance industry says broker MD
Ann Manning, managing director at Henley-on-Thames-based broker ManningUK, says she is ‘ashamed of our industry’. Here, she describes her recent experiences with insurers during the coronavirus pandemic… By Ann Manning, managing director at ManningUK
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News AnalysisBriefing: Insurers need to prepare for the economic and social fallout from Covid-19
The coronavirus pandemic has created a new world for insurers to operate in, and it is one that is made up of new and increased risks. Insurers will need to adapt to this new risk landscape if they are going to thrive in the new normal By insights editor Matt ...
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News AnalysisBrightside’s Derek Henry on the future of personal lines
The Covid-19 pandemic has created some big challenges for the insurance market, not least for those involved in the business interruption and event cancellation markets. Brightside’s managing director of broking spoke to Insurance Times about coronavirus, the polarisation of the personal lines market and the rise of short-term insurance.
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NewsTrue impact of lockdown reductions not shown in ABI's claims data says By Miles
The insurtech says that the coronavirus pandemic has clearly shown that the way car insurance works is unfair
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NewsABI records 48% decline in motor claims between 2020’s Q1 and Q2
However, the value of claims being paid has climbed by 27% - the largest reported quarter to quarter increase
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NewsLloyd’s of London becomes target for climate campaigners as underwriting room reopens
Lloyd’s of London workers were met with some climate protesters raising their concerns as they returned to work after its underwriting room has remained shut since March due to the coronavirus pandemic
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News AnalysisInsurtechs navigating the pandemic amid shifting consumer behaviour – stick or pivot?
Covid-19 has been hard on insurtechs, which have had to adapt to changing demands from consumers in lockdown. Insurance Times takes a look at how some have weathered the storm better than others and what it takes to make a business pandemic proof
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NewsHome and motor insurers’ Covid-19 support pledges extended to October
ABI says that the insurance industry has a ‘vital role’ to play during the pandemic, acting as the ‘final safety net for customers’
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IT InterviewCovid car buying habits lead to demand for new insurance products says Copart UK boss
The coronavirus outbreak continues to alter the motor insurance market as policyholders’ driving behaviours, car purchase patterns and claims reflect changed road usage. Insurance Times gets the details from Copart UK’s managing director
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News'Doxing' identified as an ‘evolving threat’ within cyber risk landscape
Furthermore, data breach severity has increased over the past year, with a heavy focus on the healthcare and pharmaceutical sectors
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News AnalysisBriefing: Why insurance is key to economic recovery post-Covid-19
Businesses have been hit hard by the pandemic, but support from insurance could help drive innovation and ignite economic growth By Matt Scott, insight editor at Insurance Times
