Covid-19 – Page 69
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Carrot encourages policyholders not to drive by offering double rewards
The move from the telematics company is in response to Public Health England urging people to stay at home during coronavirus lockdown
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Telematics provider offers self-installation device amid lockdown measures of Covid-19
Traditionally the telematics market has relied on devices to be self-installed by a technician
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Aon urges London market to e-trade during Covid-19
Online capabilities play a vital role at this point in time due to many businesses having to work from home
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McKenzie Intelligence Services launches Covid-19 dashboard to support insurance sector
The interactive platform curates real-time data on travel restrictions, supply chain disruption, social and economic regulatory change and government advice
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AA improves trading EBITDA by 3% but suspends final dividend due to Covid-19
However, the insurer stated that coronavirus has ‘not impacted the group materially’
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IT Interview
Chapman & Stacey reassures broker partners its services will continue fully
Chapman & Stacey’s managing director Paul Wingfield talks to Insurance Times’s Savan Shah as the Covid-19 pandemic continues and its staff remote work to continue providing a full service to its broker partners
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Aviva’s motor margins could be ‘significantly higher’ due to coronavirus quarantine says Jefferies
Essential workers will be allowed to commute without paying additional premiums
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CII says Boris testing positive for coronavirus reminder of challenges all businesses face ahead
Some businesses have faced collapse due to the UK being in lock down and plunging sales
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Vietnamese airline offers own travel insurance covering coronavirus
The organisation said it wanted to provide ‘humane values’ and ‘assurance’ to its customers
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Central Bank of Ireland urges insurers to take consumer-focused stance for Covid-19 related claims
The government office is also putting the onus on chief executives for coronavirus claims determinations
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Government support for self-employed hit by Covid-19 brings relief to insurers
The chancellor of exchequer’s new financial measures for the self-employed may come as a relief to some, but what about those that do not meet the eligibility criteria?
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IT Interview
Some brokers could struggle placing policies during Covid-19 says Peter Staddon
Insurance Times’s Savan Shah speaks to the MGAA’s outgoing managing director about the impact of Covid-19 on its members as well as the relevance of our MGA survey
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Law firm fears detrimental impact of potential discount rate change in Northern Ireland
The personal injury discount rate in Northern Ireland currently stands at 2.5%
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Treasury Select Committee chair questions ABI on how sector is responding to Covid-19
Rt Hon. Mel Stride MP says ‘many will be looking to their insurer for both flexibility and assurance’
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Coronavirus bumps up credit hire and bent metal claims values
Law firm DAC Beachcroft says it is ‘certain’ that Covid-19 will impact claims values in these arenas
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Lloyd’s boss confident it can weather Covid-19 storm as it returns to profit
Its combined ratio saw an improvement of 2.4 percentage points
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Insurers face solvency squeeze as coronavirus wreaks havoc on financial markets
Investment bank Berenberg issues warning as the Covid-19 pandemic continues to spread across the globe
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Coronavirus ‘social distancing’ measures hits gig economy as service demands rise
As the UK goes into lockdown to mitigate the spread of the coronavirus, the insurtech industry has responded to support gig economy workers
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Senior level decisions amid Covid-19 could spark fresh class action
Marsh discussed some exclusions that may arise and legal issues during its briefing on the pandemic last week
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Working from home hard to implement for some businesses during Covid-19
In a briefing last week, Marsh also revealed the four areas that businesses should prioritise during this global outbreak including regular communication with staff