Interviews – Page 3
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Latest News
Solicitors’ PI rate rise on the horizon due to Covid-19
With the pandemic giving rise to a potential rise in claims for solicitors’ professional indemnity insurance, Paul Castellani the Forum of Insurance Lawyers (FOIL) and Kennedys’ partner tells Insurance Times why
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News Analysis
‘Pandemic Re needs to get up and running’ says Aston Lark boss Peter Blanc
The ‘cancellation culture’ caused by Covid-19 is hitting the economy hard, but the inability for event organisers to obtain to coronavirus cover is still stifling this sector – Blanc believes it’s time for the insurance industry to lean on the government for a solution
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IT Interview
How Amazon’s latest insurtech tie-up could be template for disruption
Tech giant Amazon recently partnered with an insurtech instead of an incumbent, Altus’s consultant Patrick Hayward tells Insurance Times why this move is an important one
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IT Interview
Covid-inflated credit hire claims is ‘a big issue' for insurers, says law firm partner
The Covid-19 pandemic may be boosting income opportunities for credit hire firms – accumulatively, this could end up being a big financial hit for insurers
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IT Interview
Consumer Intelligence warns premium hikes could follow FCA pricing report
Consumer Intelligence has warned that premium hikes could follow the proposals that were laid out in the FCA’s pricing practices report which was published yesterday
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IT Interview
Kingfisher adopts strong M&A focus as part of business re-brand
A 12-month, multimillion pound transformation and change project has seen Vantage Holdings morph into the newly rebranded Kingfisher Holdings. Insurance Times gets the details from the firm’s group chief executive
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News Analysis
BI test case decision is ‘conclusive judgment in favour of policyholders’
Industry expert says the verdict is ‘no surprise’, however the industry is ‘nowhere near the finishing line’ as insurers now need to reassess their business interruption policy wordings
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Features
How telematics can serve the boat insurance market
Telematics guru tells Insurance Times how the boat insurance market could benefit from telematics as she reveals plans in her latest partnership and role as interim chief exec
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Online only
‘I was so worn down’ - a first-hand account of racism and sexism in the broking industry
Several sexism and racism scandals have blighted the insurance industry over the years. The Black Lives Matter protests have invigorated the ongoing debate over diversity in the sector, but how much has really changed and how far is left to go, before we can say real progress has been ...
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IT Interview
Claims Excellence Awards 2020: Claims teams showcase successes to be in with a chance of award win
Insurance Times catches up with the four finalists in the Claims Team of the Year category for this autumn’s Claims Excellence Awards, finding out the key attributes that make an award-winning team and why these firms feel their claims staff stand head and shoulders above the competition
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IT Interview
Motor Insurers’ Bureau sees Covid-19 accelerate its culture programme
The MIB has been overhauling its culture change programme since 2018, however lockdown hit as it was due to release its new values forcing the firm to take a more creative approach with staff working remotely
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IT Interview
Re-educating brokers: parametric insurance as a solution for BI
FloodFlash’s co-founder Adam Rimmer tells Insurance Times why re-educating brokers is a challenge if the parametric model is going to be applied to business interruption insurance, but nonetheless it is a positive move. The insurtech is a finalist in both the Claims Excellence Awards and the Technology ...
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Latest News
Insurtech MGA Equipsme oversubscribed in crowdfunding during pandemic
The insurtech decided to crowdfund as it wanted control over its own destiny during the pandemic, and it has been oversubscribed in its crowdfunding and seen a surge in customers since March
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IT Interview
TrackMyRisks’ Matt Hodges-Long on solving the buildings insurance crisis
The insurtech’s chief executive tells Insurance Times that he aims to make the Building Safety Register an official organisation at a time when leaseholders are facing extortionate insurance premiums in the aftermath of the Grenfell tragedy
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IT Interview
London Market ‘will never go back to how it was’ following Covid-19 pandemic
DAC Beachcroft partner says the key for future success will lie in marrying the market’s personal relationships with the use of technology
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Features
London Market sectors swerve direct Covid claims due to lack of non-damage BI extensions
For niche industry sectors such as energy and marine, the Covid-19 pandemic has exacerbated existing claims and informed future market fluctuations rather than had a direct impact on claim notifications. Insurance Times takes a closer look
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Latest News
ThingCo aims to expand globally after tapping telematics veteran Martin Williams as new COO
With the telematics market making a comeback due to people’s driving behaviour changing over the course of the UK’s lockdown, Martin Williams ThingCo’s new board director and chief operating officer tells Insurance Times why it is the perfect time to roll-out Theo as the insurtech aims to go global ...
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IT Interview
Insurance market has been the ‘fall guy’ of the Covid-19 pandemic
Lawyer says that the ‘insurance industry is fundamental’ and that it ‘needs to be supported rather than just attacked’
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Latest News
Aviva commits to provide risk management support to brokers in wake of pandemic
The insurer’s chief sales and marketing officer says this resource is particularly pertinent for brokers looking to help their hospitality sector clients
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Latest News
Aviva pays Covid-19 BI claims under broker wordings despite ‘not covering pandemics’
Amanda Blanc confirms that the insurance industry has ‘some work to do’ in order to bounce back from the reputational onslaught resulting from the FCA’s test case on business interruption wordings