All Covid 19 articles
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IT Interview
Simon McGinn: Clarifying ‘challenging’ BI wordings could lead to ‘narrowing the cover’
Insurers must help brokers carve out more time to have ‘critical’ client conversations around what policies do and do not cover, says commercial lines chief executive
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Insight
What does an effective response to the threat of systemic risks look like?
The public expects ’insurers to lean into the challenges posed’ by systemic risks and work to develop solutions, says ABI’s director of GI policy
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IT Interview
Aventum flaunts independent status to attract talent amid consolidation landscape
Wholesale broker and parent firm attribute ‘phenomenal growth’ to attracting the right talent and building ‘a really good culture’ based on steering clear of consolidation
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IT Interview
MGA Q&A: Brokers don’t receive a ‘computer says no’ response from MGAs – Touchstone Underwriting
Touchstone Underwriting’s managing director, Alan Roe, provides an overview of the factors impacting MGAs today and explains what his firm has been up to over the last 12 months
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Latest News
London market showcases ‘great degree of optimism’ around PI risks – Clyde and Co
However, this optimism is tempered by a ‘wariness of macroeconomic and inflationary pressures’
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Latest News
Travel insurers must address ‘misunderstanding’ over coverage – Consumer Intelligence
A lack of consumer trust in the travel insurance sector should be addressed with greater clarity over policy exclusions, says senior insight analyst
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Latest News
Industry on alert as two new Covid strains spread
The pandemic is the third largest catastrophe after Hurricane Katrina and the 9/11 attacks, says AGCS
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Latest News
Strike action travel insurance cover sparse amid airline complications – Which?
Nearly half of travel insurance policies do not cover customers for strikes by airport or airline staff, the firm’s latest research reveals
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Latest News
Public 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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Latest News
Coming 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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Latest News
Motor 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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Latest 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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Latest 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 Interview
Sarah 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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Insight
Briefing: 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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Consumers 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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Latest News
Travel 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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Latest News
Tara 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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Insight
Travel 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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Latest News
Stonegate 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