Covid-19 – Page 8
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News
Business school launches new research consortium to better prepare for next systemic risk
The insurance industry’s ’policies, preparedness and financial responses require a significant overhaul’ to ’better equip and protect society from the next major systemic risk’, says Pool Re chief executive
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Analysis
Insurance industry urged to review working models post-pandemic
Many insurers, brokers and insurtechs have overhauled their working models post-pandemic because ’a hybrid working model is now a requirement and not a nice-to-have’
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Analysis
Briefing: One year since Supreme Court’s BI judgment, yet outstanding questions remain
Law firm reveals litigation around BI claims is still on the table for this year, especially as the FOS appears to be siding with insurers in the majority of BI-linked cases since last January
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News
Professional negligence claims linked to Stamp Duty holiday named one of top insurer issues for 2022
Law firm also identified ESG considerations ’as the dominant topic for the year ahead’
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News
Climate crisis is ‘biggest long-term threat facing humanity’
Lobbying group’s report urges the insurance industry to ‘think outside the box’ and act on climate change risks
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News
Insurance software firm ‘optimistic’ for insurtech sector in 2022
The company predicts the ’market for talent’ within the insurtech sector will remain ‘highly competitive’
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News
Outlook for independent insurance broker channels in 2022 ‘somewhat mixed’
Cyber premiums are also expected to increase as ransomware threats continue to soar
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IT Interview
David Nichols: Motor claims trends to watch in 2022
Insurance Times catches up with Zurich’s UK chief claims officer to find out what motor claims trends should be on the industry’s radar this year
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News
Zurich’s flexible working initiative sees part-time female hires double
The insurer’s research found a lack of applications from women for senior roles
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Analysis
SMEs conducting ‘severe gross exaggeration’ on claims has ‘gone beyond a joke’
Small businesses are still suffering cash flow constraints following the coronavirus pandemic, leading to potential claims exaggeration or high value vehicle thefts, reports fraud experts
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Analysis
D&O risks in 2022 defined by diversity and Covid liabilities
Diversity-related suits could potentially be catastrophic’ following FCA consultation, says broker
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Analysis
Remote working drives broker E&O claim leap
UK regional brokers must consider how they can better manage the move to a hybrid or fully remote working model amid increasing errors and omissions claims
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Sponsored Content
Gallagher Bassett: What can the insurance industry expect in 2022?
Looking to next year, Gallagher Bassett’s director for loss adjusting and claims consultancy Gordon Vater expects a continuation of acclimatising to the new normal, against the backdrop of ongoing uncertainties
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News
UK motor claims inflation soars amid costly cyclist accidents
Claims expert warns insurers that they face a challenging period ahead
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News
Unvaccinated staff could lead to employers’ liability complication
The government is cracking down on unvaccinated workers, but how will this affect employers’ liability insurance?
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Analysis
Insurance industry warned ‘Great Resignation’ will test management’s mettle
Amid the Covid-19 pandemic, staff are re-evaluating their career options. The demand for broking talent, in particular, is leading to ‘25% salary uplifts in counter offers’
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IT Interview
Luisa Barile: Bought By Many set to rival Lemonade as it takes on US market and pet health
The insurtech is now live in 28 states in the US and aims to become a nationwide provider for pet insurance and wellness
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News
Broker warns many classes still challenging as industry prepares for 2022
However, the professional indemnity market is ‘starting to plateau’
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News
Insurers set for ‘bumpy ride’ as GI premiums set to slow in 2022 - EY
Car manufacturers have faced supply chain bottlenecks, which has impacted insurance
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IT Interview
Q&A: People and sustainability focus key drivers for Markel's five star successes
Markel UK’s sales and marketing director Nic Brown speaks to Insurance Times about the insurer’s recent star ratings from brokers, explaining what has contributed to the business’ successful relationships to date