Covid-19 – Page 54
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NewsFCA says insurers ‘have been adopting an unduly narrow approach’ for Covid BI claims
The regulator plans on using its test case to ensure business interruption claims are considered without the ‘inappropriate roadblocks that insurers have put in policyholders’ way’
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NewsSaga to make 300 redundancies as pandemic impacts travel insurance industry
Saga’s staff at its Folkstone and Ramsgate sites are facing redundancy as Covid-19 continues to impact the travel insurance industry heavily, the over-50’s insurer has been contacted for further comment.
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FeaturesHNW Focus: How can high net worth providers prove their value under current conditions?
The high net worth market has a distinct USP of providing a specialist service with a personal touch - but as Covid-19 causes face-to-face interaction to dwindle while digital communications take the reins, is the sector therefore suffering? Industry experts share their views
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NewsCovid-19 pandemic increases awareness of insurance coverage – Guidewire
The pandemic has increased consumer awareness of insurance coverage, and almost one in three (31%) said that they would be more careful in understanding what their insurance policy covers.
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NewsThe Big Question July/August 2020: What lines of business will harden or be most exposed following Covid-19?
In Insurance Times’s July/August 2020 issue, we ask the insurance market which business lines they thought might harden and which might be the most exposed following the coronavirus crisis.
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NewsIndependent travel agent offers cover for Covid-19 and pandemics
The comprehensive travel insurance is supplied by Rush Insurance Services and Allianz
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NewsThe history (or mystery) of the broker remuneration debate
The debate recently resurfaced following a report from Mactavish which called out the broker model, but what is the history behind the debate?
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NewsWebinar Brokers & coronavirus: What challenges will brokers face post-covid and what role will technology play this year and beyond
The Covid-19 pandemic has not come without controversy to the insurance industry, this is the second in a series of webinars, our expert panel discuss what brokers are doing to overhaul their businesses and adopt more digital methods.
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News AnalysisCovid-19 has polarised consumers on data sharing
Insurers will be challenged with how they respond to the polarising impact of the coronavirus pandemic, and they must not fall into the trap of excluding a large swathe of vulnerable customers from their books of business
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NewsWebinar Insurers & Coronavirus: Will the crisis speed up the digitalisation of legacy systems?
The Covid-19 pandemic has put pressure on the industry to adapt to new technolgies, in the third of a series of webinars we explore the various ways to overcome the challenges posed by siloed back-end systems.
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NewsWebinar Brokers & coronavirus: What is the new normal?
The Covid-19 pandemic has not come without controversy to the insurance industry, in the very first of a series of webinars we discuss the ongoing business interruption scandal, how firms have transitioned to working from home and the challenges that brokers are facing.
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News AnalysisBriefing: How coronavirus has changed the personal lines playbook
Denied business interruption claims has been the big story in insurance over the last few weeks, but personal lines insurers cannot rest on their laurels when it comes to the changes facing the market as a result of Covid-19
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NewsBlog: Lessons for brokers and insurers unwinding from lockdown Paul Stanley – 360Globalnet
The fourth in a series of blogs from Paul Stanley 360Globalnet’s chief executive, this time he weighs in on the push towards digital methods during the pandemic and what the industry can learn from it post-lockdown
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NewsParametric insurance could be the solution to Covid-19 insurance gap
Machine Cover’s new policy will pay out automatically after a very significant downturn in economic activity
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NewsZurich offers full refund to single trip travel customers hit by Covid cancellation
Customers who haven’t claimed should be able to get a full refund
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NewsPool Re warns SMEs against bypassing the broker for terror cover
The broker is crucial to SMEs buying terrorism cover, but most businesses favour digital methods of purchasing this.
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NewsClimate change threatens Flood Re 2039 market exit target
By 2050 flooding annual losses are expected to increase by between 25-85%
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IT Interview‘Future of insurance as insurtech’ more crucial than ever says Insurtech Board chairman
The future of insurance is insurtech and this is more important now than ever as the UK emerges from lockdown, according to the chairman of the Insurtech Board (Tech Nation UK).
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News AnalysisCoronavirus: B&B owner faces ‘timebomb of debt’ after BI claim rejected by AXA
The results from the FCA’s test case could come too late to save struggling SMEs that are facing daily financial hardship as a result of the Covid-19 pandemic. Insurance Times hears from Stamford House Bed and Breakfast about its claims experience and fears for the future
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NewsFCA rejects insurers’ defences for ‘adopting unduly restrictive meanings’
The regulator states that insurers failed to take into account that policyholders were, in the main, unsophisticated purchasers of insurance
