Covid-19 – Page 59
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NewsMotor claims fell by 57% year-on-year due to Covid-19 lockdown
April 2020 recorded the lowest total of daily claims submitted on the industry’s low value injury claims portal since 2010
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NewsMarket growth stagnates as a result of working from home
Broker predicts that ‘permanent virtual world’ post-coronavirus could be ‘dangerous’
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NewsTotus Re urging business bodies to call on chancellor
The insurance collective is urging the chancellor to agree the model
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NewsAXA cuts dividend in wake of €1.2bn Covid-19 claims estimate
The insurer said increased claims would mostly come from business interruption and event cancellation business
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NewsFOS complaints down 23% but Covid-19 issues still to filter through
The Financial Ombudsman Service received more than 32,000 complaints over the course of 2019/20
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NewsIUA says e-scooter insurance should not be compulsory
Successful uptake will likely depend on availability of appropriate infrastructure
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NewsMarkerstudy to make 478 staff redundant due to financial impact of Covid-19
The company has already furloughed more than 1,000 employees, as well as asked staff to take a 20% pay cut and give up sick pay
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FeaturesRisk management is ‘core’ to insurer propositions that improve client relationships
Insurers and brokers are turning to risk management and mitigation to bolster relationships and offer a service differentiator – but does this lead to competition or collaboration?
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NewsBroker labels FCA test case as potentially ‘dangerous’ and ‘bizarre’
But MGA boss applauds the FCA’s intervention for accelerating ‘a process that might otherwise have taken months or years’
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NewsFCA confirms it will investigate 16 insurers’ policy wordings at BI test case
Hiscox, Axa and MS Amlin are among the named insurers that will have its policy wordings reviewed
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AgendaCould brokers provide the star turn for Project Restart?
As football prepares to kick-off once again, what does it mean for insurance?
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NewsHospitality trade bodies jointly back FCA action in bid for ‘effective resolution’
The regulator published a timetable for the court action which will commence by 9 June, all formal pleadings should be completed by 3 July
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News AnalysisPremier League poised for kick off, but insurance concerns loom
Brokers will be instrumental when Premier League restarts again, but they must keep up-to-date with protocol and push back with insurers where necessary
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NewsLaw firm considers launching group action cases against eight insurers for rejected BI claims
Michelmores has firms such as Aviva, Hiscox, RSA and QBE within its cross hairs
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NewsAllianz’s Jon Dye joins Pandemic Re Steering Committee
The group today announces six new working groups and a project committee
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NewsBrokers warned after FCA survey scam revealed
Brokers have been told not to click on the the link in the email or share any personal details
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NewsFCA publishes guidance for insurers and brokers handling BI claims during test case
Firms will be required to review all relevant claims and complaints for test case judgement implications
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NewsCovea faces coronavirus exposure on nursery scheme with PIB Group broker
Nursery owners can potentially claim under the policy’s loss of revenue section
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NewsWarranty and Indemnity insurance sees uptick during pandemic
Despite deal count plummeting, the uncertainty of the pandemic has seen new interest in this product
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News'Ghost broker' arrested for attempting to defraud NHS workers
He is also suspected of advertising this dodgy car insurance services via social media
