Covid-19 – Page 3
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NewsPublic expects insurers to ‘lean into’ the challenges posed by systemic risks – James Dalton
The sector must ‘think carefully’ about how it can best respond to these types of risks, however
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NewsComing months will pose ‘further challenges’ for the insurance sector – GlobalData
Global public insurance firms saw a “revival” in revenue in 2021 that almost hit pre-pandemic levels
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NewsMotor insurance premiums set to rise 2% this year ahead of 18% uptick in 2023 – EY
Professional services firm predicts that the UK motor sector’s net combined ratio will be loss-making in 2022 and 2023 and that the ‘environment will be tough’
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News‘There will always be a need for insurance’ – Lloyd’s boss John Neal
The insurance industry provides ’a framework for bouncing back’, as risk can never completely be eliminated and ’we cannot just look to politicians for answers’
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News‘Long echo of Covid-19’ has spurred state of national anxiety – BrokerFest 2022
The FCA’s price walking regulations are yet to create an increase in shopping around for cover, says Consumer Intelligence
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IT InterviewSarah Murrow: ‘Diversity is good for business’ and provides opportunities ‘to thrive’
UK and Ireland boss pinpoints where the insurer sees ’ample opportunity for growth’, despite predicting an increase in business insolvencies
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AnalysisBriefing: Are insurtechs really innovating, or just playing technology catch up?
The pandemic caused ‘a lot of sacred cows’ to be ‘killed’ as digital trumped in-person interactions, but are insurtechs really at the cutting edge of technology, or simply helping insurance catch up to more digitally savvy sectors?
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NewsConsumers increasingly seeking out usage-based motor insurance – BrokerFest 2022
Both the pandemic and cost-of-living crisis have triggered a shift in consumers’ needs for car cover, say expert panel
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NewsTravel insurance signposting review delayed by FCA
The regulator said that the impact of the Covid-19 pandemic would ‘undermine’ its ability to draw firm conclusions
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NewsTara Foley: Reimagining the future of insurance to be ‘personalised’
Axa Retail chief executive discusses the opportunities around data and the direction of future insurance policies
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AnalysisTravel insurers weather the Covid storm
Amid changing consumer habits and rampant premium upticks, what is really happening in the travel insurance market right now? Insurance Times finds out…
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NewsStonegate v Amlin Covid-19 BI case kicks off in High Court
If the court rules in favour of Stonegate, ’it is likely to provide a further moment of reflection for insurers’, Reed Smith partner says
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Sponsored ContentLook for business longevity to combat continuing uncertainty – MUM
Richard Webb, director at Manchester Underwriting Management, outlines the global situations impacting the insurance industry and how brokers can best weather the ongoing uncertainty
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NewsAndrew Marr: ‘Levelling up is not happening’ and risks remain
The broadcaster predicts that the UK government’s levelling up strategy will be the biggest item on its agenda this year
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NewsTop Premier League clubs to pursue BI claim against major insurers
A ruling in this case could represent a ‘new test case’ for business interruption claims
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NewsInsurance DataLab names best broker in UKGI
It marks the second consecutive year the broker has finished on top in the market intelligence firm’s rankings
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NewsAndy Burnham: ‘Managing risk is an ongoing reality for all of us’
The mayor of Greater Manchester believes ’challenging some of the norms in the way that we work’ will help manage risks moving forward
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NewsBrokers’ commission must be ‘reflective of the value’ provided to customers, says FCA
The regulator’s executive director of consumers and competition emphasised that brokers must not recommend a product based on their own remuneration, although ‘high prices may sometimes be appropriate’
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NewsBrokers with purpose and consistency will beat ‘mistrust in the establishment’ – Steve White
Broking firms are facing a ‘difficult operating environment’, yet they must strive to ‘breed trust’, says chief executive
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NewsBroadway’s chief executive named Biba regional committee chairman
Lloyd-John says his election is an “honour”
