All articles by Katie Scott – Page 52
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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
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FeaturesBriefing: The LiP portal a year on – still no nearer to being launched?
The personal injury sector is chomping at the bit to discover whether the LiP portal will actually be ready for use come April 2021 – this has no doubt felt like a long, nail-biting waiting game for industry professionals
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News‘Known unknowns’ are creating ‘nervousness’ in D&O market
Factors such as climate change and cyber security could lead to an uptick in D&O claims next year
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IT InterviewM&A activity is “more frenetic now then it’s ever been” – Ethos Broking
The Covid-19 pandemic is accelerating M&A conversations, with many brokers considering whether to de-risk their assets
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NewsLaw firm partner predicts ‘more and more coverage disputes’ for excess layer insurance
Brokers may well get caught in the ‘argy-bargy’ too if primary insurers and excess layer insurers disagree on coverage decisions
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NewsMactavish warns that ‘premiums are rising dramatically’ due to hardening market
In addition, the firm believes there has been a ‘considerable erosion in the quality and extent of the insurance cover offered to policyholders’, which may not have been flagged by brokers
