All articles by Katie Scott – Page 49
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NewsPIB Group launches 2021 acquisition strategy by purchasing construction broker
PIB chief executive says the acquisition marks ‘the start of many more exciting developments to look forward to this year’ as the business plans to grow in Europe
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NewsPen Underwriting strikes capacity deal with Zurich for hazardous goods and tanker transportation
The five-year deal will see Zurich provide capacity for £165m worth of premiums
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NewsLexisNexis Risk Solutions launches email address validation tool to combat application fraud
The tool is designed to streamline the quote process, free up insurer resources and assist with identifying fraudulent policies
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FeaturesBriefing: Insurers must be ‘mindful’ of recession-induced fraud
Insurance companies need to issue a war cry to customers, using transparent communications and fraud education to work together to stamp out Covid-linked fraud
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NewsBrokers experience 30% decrease in available liquidity due to Covid-19 pandemic
Around 19,000 firms responded to the FCA’s financial resilience surveys last year, designed to determine the financial impact of the coronavirus pandemic on the financial services sector
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NewsEngagement in the FCA’s BI court process ‘a good thing for the industry’ says Ageas claims boss
The insurer’s claims director believes the insurance sector has taken a ‘collaborative approach’ to dealing with the BI claim fallout arising from the coronavirus pandemic lockdowns
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NewsQuarter of a billion worth of claimant damages stuck in litigation process – Zurich
Road traffic accident claimants are having to wait for more than a year before being heard in court, finds the insurer’s analysis
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FeaturesChanging agricultural trends set to influence farmers’ insurance needs – McLarens
Leaving the European Union will mean plenty of change for UK farmers, including the diversification of crops away from just food production. Insurance Times explores how this will impact on farmers’ insurance requirements as the agriculture sector’s risk profile grows
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NewsSRG buys equestrian broker following investor backing
Group chief executive says the acquisition’s ‘sector expertise is exactly what we want to develop’
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NewsNexus Group buys marine business from Hiscox MGA
Hiscox will continue to provide capacity for the business, alongside Talbot and AXA XL
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NewsGovernment’s trade credit reinsurance scheme extended
The temporary support measures will now run until June 2021
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NewsAXA to sell Greek operations for €165m
The move forms part of the business’s simplification strategy
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NewsHedgehog founder Lombard set to launch new MGA venture next year
With a focus on automation, the startup will be led by key industry players, including esure’s Jon Wilshire
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IT Interview‘Current insurance models aren’t fit for purpose’ for autonomous vehicles – Rideshur
The MGA believes it could have some form of autonomous vehicle specific insurance available as early as next year
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IT InterviewThe ‘single biggest challenge’ for brokers is capacity says Miller boss
Broker chief executive explains that ‘we’re having to work much harder for our clients to make sure we get them the deals done that they need’
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NewsCovid-linked D&O claims are ‘a significant area for focus’ – Fenchurch Law
In particular, firms facing insolvency may struggle to find cover under directors’ and officers’ policies due to recently implemented coronavirus exclusions, says law firm partner
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News AnalysisBrokers demand ‘much better service’ from insurers amid tightened lockdown regime
Against a backdrop of stricter lockdown restrictions, brokers tell Insurance Times that they are unimpressed with insurer service as some have ’attempted to shirk their responsibility’
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NewsIrish regulator finds that ‘dual pricing is evident’ within home and motor markets
Customers with the longest tenures are paying the most for insurance, according to market analysis
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NewsCo-op Insurance partners with By Miles to provide customer choice
The move forms part of Co-op Insurance’s wider strategy following the sale of its underwriting business earlier this month
