Covid-19 – Page 70
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NewsRent guarantee insurance products suspended due to Covid-19
The government has emergency legislation in place to prevent tennants that cannot meet their rent payments from being evicted
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FeaturesBrokers need to beware ‘breach of duty’ risks arising from Covid-19 impacts
Law firm Plexus Law advises brokers to ‘pay attention in this changing market’
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NewsBiba 2020 conference cancelled due to covid-19
The general insurance intermediary organisation says it will work to make the Biba 2021 conference ”even better than before”
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Online onlyFitch Ratings revises London market insurance sector outlook to negative amidst coronavirus pandemic
Fitch Ratings said the move reflected the “disruption and the related impacts on the credit quality of London Market insurers” caused by the outbreak
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NewsTravel insurers set to pay a record £275m in coronavirus claims
The ABI expects to record around 400,000 coronavirus-related claims
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NewsPharmacy insurer calling on motor industry to insure pharmacy delivery cars during Covid-19
The increase in demand is due a 12-week self-isolation measure put in place for the elderly and most vulnerable during this time
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NewsProfessional body offers guidance on preparing for ‘surge events’
The CII’s claims society publishes a guide to help insurers deal with the increase in claims activity linked to coronavirus
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NewsSwiss Re faces $250m loss if Tokyo Olympics cancelled due to Covid-19
The reinsurer has a 15% global market share in event cancellation cover, which could now be claimed for coronavirus-related cancellations
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NewsInsurers start pulling income protection due to Covid-19
However, policyholders that have been asked to self isolate by a medical professional may still be covered
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NewsIrish broker representative body calls for government and industry meet to tackle coronavirus concerns
The organisation’s director of GI calls on insurers to be ‘flexible’
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NewsZego to offer two weeks free cover to relieve pressure on gig economy
Policyholders will be able to claim two weeks of free cover when they renew
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NewsThe Big Question April 2020: Are insurers right to refuse coronavirus business interruption cover?
Coronavirus cases are mounting daily, the death toll is rising and airlines like Flybe as well as retailer Laura Ashley are filing for administration as sales take a nosedive. Many businesses are going into lock down to contain the spread of the virus and protect their staff, but are insurers ...
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NewsFCA releases guidance for GI insurer behaviour during coronavirus crisis
The regulatory body says ‘brokers have a key role to play to help consumers understand the market’
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NewsInsurtech steps in to ease financial burden on freelancers caused by Covid-19
It follows the increasing pressure put on freelancers during the coronavirus outbreak
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NewsCovid-19 boosts opportunistic insurance fraud, says BAE Systems
The firm’s counter fraud director believes fraudulent claims will ‘slip through the net’ amid the current public health and hygiene focus
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FeaturesHow is coronavirus impacting key business sectors?
Covid-19 is leaving an unstoppable imprint across global businesses – Insurance Times reviews the current lay of the land in the industry sectors most affected
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NewsPharmacy insurer vows to help customers stay open
Pharmacies are one of the few shops left open amid the coronavirus outbreak
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NewsLaura Ashley files for administration as coronavirus worsens plunging sales
In February, the retailer’s shares dropped by 41%
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NewsOpen GI outlines business plans during coronavirus outbreak
The firm will be practising social distancing and has released a set of precautionary measures to maintain business as usual
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NewsCoronavirus impacts more devastating than 9/11 says independent expert
Coronavirus-related impacts on insurers’ investment businesses could see premiums skyrocket
