Covid-19 – Page 7
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News
Zurich UK returns to pre-pandemic level with £450m operating profit
The insurer has paid £2bn in claims across all UK business areas
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News
UK consumers working from home demands policy adaption from insurers – GlobalData
Keeping up with evolving consumer behaviour is a ’significant challenge’ for insurers, says insurance analyst
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News
IGO4 adopts four-day working week for 300 staff
Technology investment to support the new working model has helped staff to become more ‘efficient and productive’, says chief executive
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News
Shed and outbuilding home office thefts up 43% as lockdown eases – LV=GI
November and December 2021 saw the highest numbers of burglary-related claims, reported the insurer
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News
Insurance DataLab names 2021's best insurer in UKGI
Commercial lines insurers were heavily impacted by the FCA’s business interruption court case
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Analysis
The Big Question Jan/Feb 2022: What protection gaps should be front of mind for brokers in 2022?
As 2022 gets underway, Insurance Times asks the industry about what new business brokers can gain by exploring and prioritising protection gaps
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News
Encouraging survey reveals cyber insurance uptake on the rise
Survival is a ‘top priority’ for SMEs post-pandemic
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News
Lloyd’s plan for consistency in face-to-face meetings amid rise in home working
Transparency on when underwriters will be available in person is needed
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News
Insurance sector must ‘look calmly’ at the lessons learned from BI test case – John Glen
Economic secretary to the Treasury believes ‘brokers will play a crucial role in rebuilding consumer trust and developing clearly worded policies going forward’
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News
Manifesto 2022: Business interruption insurance needs more clarity – Biba
Biba members have said that a 12-month indemnity period is not long enough
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News
Motor injury claims reported to government body plummet in 2021 – ACSO
Despite the FCA introducing new pricing rules to protect consumers, the insurance industry reaping £3.3bn in profits is the ‘beneficiary’ from in the drop off in motor claims, says executive director
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News
Biba launches ‘biggest’ manifesto for 2022
The 84-page document, themed around managing risk, contains 52 calls for action from the broker trade body across six detailed chapters
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News
UK anti-fraud minister resigns over government’s ‘woeful’ handling of Covid business loan fraud
More than 1,000 companies received bounce back loans despite the fact that they ’were not even trading when Covid struck’, according to the minister
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News
Cocktail bar chain leads formation of BI action group against RSA and QIC Europe
UK restaurant and bar group’s ‘substantial’ claim highlights how hospitality businesses are having ‘to fight tooth and nail to obtain an indemnity’, says company director
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News
Lloyd’s looks to relocate after more than three decades in current home
The marketplace will reveal its workforce plans this year
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IT Interview
Simon Taylor: The independent broker ‘not interested in M&A’
Reich Insurance Group exceeded its five-year GWP target ahead of schedule – its chief executive tells Insurance Times the secret to running a successful broking business
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Analysis
Briefing: Brokers continue to face ‘absolutely dreadful’ insurer service
Feedback from brokers still flags insurer service as being ‘on its knees’ due to difficulties with homeworking – will the lifting of work from home guidance this week see brokers benefit from improved service?
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News
Cyber outranks Covid-19 and supply chain risk as biggest concern for global businesses – Allianz
However, business interruption remains a ‘key theme’
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News
Regulation requirements, personalised products and zero touch operational models set to be tech trends for 2022
EMEA product marketing director says businesses’ technology evolution is vital to move from focusing on just maintenance, to instead ‘being a hub for innovation’
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News
Cyber threats ‘growing faster than ability to prevent and manage them effectively’
Rewarding efficiency over resilience ’can leave companies vulnerable to shocks’, says broker’s European risk management leader