Covid-19 – Page 7
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NewsBiba 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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NewsUK 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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NewsCocktail 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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NewsLloyd’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 InterviewSimon 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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AnalysisBriefing: 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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NewsCyber 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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NewsRegulation 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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NewsCyber 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
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NewsBusiness 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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AnalysisInsurance 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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AnalysisBriefing: 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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NewsProfessional 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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NewsClimate 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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NewsOutlook 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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NewsInsurance 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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IT InterviewDavid 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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NewsZurich’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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AnalysisSMEs 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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AnalysisD&O risks in 2022 defined by diversity and Covid liabilities
Diversity-related suits could potentially be catastrophic’ following FCA consultation, says broker
