Covid-19 – Page 58
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News AnalysisWin or lose, the FCA test case on BI claims will not be good for insurers
When the FCA announced it was taking a test case to the High Court to provide clarity on the confusion around business interruption claims in the wake of the Covid-19 pandemic, insurers were worried
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NewsInsurance leaders join forces on post-pandemic venture
The new venture aims to help enable insurers, reinsurers, wealth mangers and health care providers grow post-pandemic
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News AnalysisBriefing: Could Covid-19 kickstart a technology revolution for insurance?
The Covid-19 pandemic has changed the world we live in. Loved ones are forced to live apart, shops have been closed and schools have been left empty. Within that new world, insurers and brokers have had to re-evaluate the way they work By data insights editor Matt Scott
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NewsZego partners with global telematics firm to cut insurance costs for fleet owners
It will allow the insurtech to offer a combined telematics and usage based insurance policy to fleets
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NewsHiscox and RSA among eight insurers named by FCA as BI test case heads to the High Court
The regulator named a total of eight insurers in the Particulars of Claim submitted to the High Court for a test case on the validity of insurers denying business interruption claims in the wake of the coronavirus pandemic
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Online onlyBriefing: Why Covid will put broker schemes under pressure
Schemes are at the heart of UK broking. But the Covid crisis, where many claims have arisen from schemes, will force insurers to take a renewed look at the way they set up and manage broker schemes.
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IT InterviewEtrading Q&A: Insurers need to make it easier for brokers to get a fair representation of risk via etrade says NIG
Five star insurer NIG tells Insurance Times how it is using insights from our latest etrading report to tailor its proposition for brokers
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FeaturesPandemic insurance set to become ‘mainstream’ following Covid-19 outbreak
Insurance Times explores pandemic insurance availability and coverage prior to the coronavirus pandemic, and how this is geared to change in a post-Covid-19 world
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NewsNearly two-thirds of businesses have had coronavirus-related BI claims rejected by insurers
The Irish survey further showed that a third of business owners are still awaiting a final decision from their insurance company regarding a business interruption claim
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NewsFOIL reveals specialist Sports Law group with Covid-19 focus
The group will focus on various issues arising from the pandemic such as safeguarding and injuries
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IT InterviewEtrading Q&A: Insurance needs to digitally keep pace with other business sectors says Applied System’s Fairchild
The software company chief executive explained that ’we are firmly in the middle of a digital revolution of insurance’
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NewsLemonade files for an IPO
The insurtech hopes to take full advantage of the market resurgence as the economy recovers from the pandemic
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FeaturesCoronavirus: Skincare salon misled by insurer over rejected BI claim
MS Amlin took two months to respond to NuYu London’s claim, despite initially informing the business’s broker that the BI policy would pay out
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NewsThe British Dental Association issues open letter to Matt Hancock amid group BI claim
The professional body is appealing to Hancock for support, meanwhile law firm Mishcon de Reya has made an advance with the group BI claim
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NewsInsurers accused of ‘intransigence’ in Covid-19 BI payout dispute
Insurance industry body ABI faced a grilling by Northern Ireland politicians
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NewsCovid lockdown sees surge in cycle insurance interest
Although cycle insurance queries have increased, insurtechs chief executive warned on the pitfalls of cycling without cover
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News AnalysisInsurance concerns peak as London Mayor taps micro-mobility for green Covid-19 exit strategy
Could cycling be the big winner of the pandemic? As Brits are steered away from public transport, a new opportunity for insurtechs, brokers and insurers has opened up if decisions about insurance could just be made for e-scooters, cycles and e-bikes
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NewsLow mileage UK drivers are paying £180 more for cover than those that drive over 7,000 miles a year
By Miles is calling on the ABI to end what it terms the ‘low mileage penalty’
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NewsHiscox Action Group seeks £52m payment for rejected BI claims
The group’s law firm has written to the insurer on behalf of 397 members
