All articles by Katie Scott – Page 54
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NewsABI launches mental health standards for travel, health and protection insurers
Insurers within these lines of business will need to implement the association’s measures by December 2021
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IT InterviewBrokerbility buy is a ‘tremendous opportunity’ says Clear Group boss
Broker to target small, specialty firms as part of M&A expansion plan to support ‘gradually moving up the ladder’
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NewsInsurers to suffer dip in short-term profitability due to FCA’s price walking measures
However, credit ratings agency predicts that in the longer term, retention will increase
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FeaturesCovid-19 claims yield abundant harvest for claims farmers
Delegates at Insurance Times’s third virtual roundtable say the ‘farming scope for Covid claims is absolutely massive’
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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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NewsAston Lark appoints MD for UK retail arm
The new hire, who starts on 1 October, has more than 30 years of industry experience
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IT InterviewCovid-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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NewsNDML and NTIA urge Hiscox to pay interim BI claims
The broker and trade body encourage insurance firm to take ‘the ethical approach’ and pay 50% of policyholders’ claims now
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FeaturesCovid lockdown boosts industry’s prospective talent pool thanks to home working
Boris Johnson’s working from home initiative to mitigate the spread of coronavirus may have given the insurance industry’s recruitment drive a much-needed injection, as the siren call of home and flexible working has the potential to attract new, diverse talent
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NewsFCA lays more options for exiting auto-renewals on the table
The FCA’s proposals around auto-renewal will apply for all forms of retail general insurance
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NewsData subject insurance claims are ‘sting in the tail’ for corporate cyber breach victims
Law firm partner describes data subject claims as ‘effectively becoming the new PPI’ as practice reports activity uptick
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NewsDirect Line Group rolls out LeakBot devices to its UK HNW home insurance customers
LeakBot progresses partnership agenda as DLG joins Hiscox among the technology company’s insurer partners
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NewsMore than a third of SMEs are interested in pandemic-related insurance
However, a pandemic insurance product targeted at micro or sole trader sized businesses could be ‘unsustainable’ for insurers says analytics firm
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NewsRegulator’s ‘culture shift’ forces firms to place greater emphasis on vulnerable customers
Law firm partner addresses MGA online delegates to discuss the FCA’s switch in stance around ‘value’ and ‘outcomes’
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NewsLaw firm considers legal action against 12 insurers following BI test case result
Mishcon de Reya believes insurers such as Aviva and Chubb should be paying out for Covid-related business interruption claims that fall under ‘resilience’ policy wordings
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NewsConvex Group announces new chief executives in Bermuda and London
Co-founder Paul Brand steps down to make way for two internal promotions
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NewsGRP completes first deal in Republic of Ireland with majority share purchase
The deal signals GRP’s intention to seek further acquisitions in the country
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IT InterviewKingfisher 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 AnalysisFraudulent claims could arise from Leighton Buzzard earthquake
Although some residents reported their houses were shaking as a result of last Tuesday’s quake, insurance professionals are taking a more sceptical view of property claims due to ‘very minor’ tremors
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News AnalysisPolicyholders need to home in on balance sheets to take advantage of test case verdict
Although claims preparations can now go ‘full steam ahead’ following the publication of the High Court’s ruling, projected profits and losses must be considered for quantum purposes
