Covid-19 – Page 9
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News
Senior leaders fear claims consequences of Covid-driven decisions - QBE
The insurer’s research revealed senior leaders’ other concerns too, such as financial turmoil and health and safety
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News
A fifth of UK SMEs say trust in insurers bolstered due to Covid-linked BI test case
However, ongoing BI disputes show the ramifications of the pandemic are not over yet, which could work to damage insurers’ reputation, says data and analytics firm
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Analysis
Exploring the trade credit insurance landscape post-Covid – ABI
Business failures in the UK set to grow 33% as 2022 approaches, according to Atradius data - but what does this mean for the trade credit insurance sector?
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Analysis
Briefing: Insurance firms can step up to support QBE staffer tackling suicide risk
The Covid-19 pandemic firmly put mental health awareness on employers’ maps, however one insurance professional is proactively seeking to combat the rising risk of suicide
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Analysis
How has the Covid-19 pandemic affected HNW clients?
Ecclesiastical’s art and private client business director tells Insurance Times how high net worth clients have reacted to the ups and downs of the coronavirus crisis
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News
Employers’ liability insurance has low penetration in UK SMEs
The penetration rate for EL cover has gradually fallen over the last four years, signposting the need for greater education around this type of insurance, says data and analytics business
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News
Supply chains ‘need better protection’ – Swiss Re
Reinsurance group chief economist adds that recovery from the Covid-19 pandemic is a ‘marathon’
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News
Brexit continues to be a major concern for businesses – Aviva
Supply chain vulnerabilities were also cited as a risk by the insurer
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IT Interview
Q&A: Markel UK believes policy terms and conditions are not a ‘second chance to decline’ claims
Markel UK’s sales and marketing director Nic Brown explains how the insurer strives to use ’dynamic wordings’ to improve policy clarity for brokers and end customers because ’maintaining clear and precise communications and documentation is a focus for Markel’
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IT Interview
Incoming Hiscox chief exec plans to build on broker relationships and boost digitisation
The current CFO says no ’radical changes’ are on the agenda for 2022, but digitisation will impact how the insurer executes its overarching strategy next year
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IT Interview
Hiscox paying up to 800 BI claims a month despite policyholder information struggle
Outgoing chief executive confirms that the insurer has accepted around 10,000 business interruption claims linked to the Covid-19 pandemic
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News
Insurers to increase technology spend post-Covid – BlackRock
Head of BlackRock’s financial institutions group for EMEA says a comprehensive and transparent view of dynamic portfolio risk is a ’necessity’ for insurers
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News
Six out of 10 SMEs rely on credit to pay for insurance – Premium Credit
The role of brokers to support businesses has ‘never been more critical’, says chief sales officer
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News
Post Office travel cover sales surpass pre-Covid levels this November
Relaxing Covid travel restrictions has supported the continuation of strong sales into autumn, says product portfolio director
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News
Aviva calls on government to make Online Safety Bill inclusive of spoofing scams
FCA data reported that £78m was stolen by clone firm investment scams between January and December 2020
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News
Zurich’s property and casualty GWP up by 11%
The insurer’s chief financial officer says that recent claims events are ’likely to extend the hard market’
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News
Ageas UK profits up but claims inflation returns to motor
The insurer will ‘remain disciplined’ in its approach to pricing following financial toll on motor, says chief executive
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Analysis
Broker CEO Forum: ‘Unique hard market’ shows ‘fun and games’ in commercial lines
Although commercial rates are starting to ease, areas that are particularly affected by claims – such as cyber – could still see ‘strong increases’, noted delegates
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IT Interview
‘Trust is at the heart’ of Covéa Insurance’s five star service success
As the surveys for the 2021/22 Insurance Times five star rating reports were launched last month, Covéa Insurance explains what has kept the underwriter in the number one spot for both commercial and personal lines for the past three years
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News
Film and TV production Covid support scheme extended following broker support
Tysers director described the move as ‘fantastic news’ because the scheme ‘was the only way to get projects back into production and the industry back on its feet’