All articles by Katie Scott – Page 60
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News
PIB Group reports a 50% improvement on its adjusted EBITDA between 2018 and 2019
The broker’s chief financial officer says ‘we have carved ourselves a unique position in the market’
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News Analysis
Coronavirus: B&B owner faces ‘timebomb of debt’ after BI claim rejected by AXA
The results from the FCA’s test case could come too late to save struggling SMEs that are facing daily financial hardship as a result of the Covid-19 pandemic. Insurance Times hears from Stamford House Bed and Breakfast about its claims experience and fears for the future
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News
FCA rejects insurers’ defences for ‘adopting unduly restrictive meanings’
The regulator states that insurers failed to take into account that policyholders were, in the main, unsophisticated purchasers of insurance
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News
‘Industry has a responsibility to respond’ if customers want digitised claims journey says Minster Law
’Covid-19 has released the virtual claims management genie from the bottle and there will be no going back’, says the law firm’s claims director
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News
Amanda Blanc says Aviva needs ‘to be the leader in our industry again’
Taking the group chief executive mantle from Tulloch, Blanc tells trade and national media she’s ‘not a ‘business as usual’ person and I haven’t come here to do a ‘business as usual’ job’
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News
Amanda Blanc replaces Maurice Tulloch as Aviva’s chief executive
Tulloch starts a six-month garden leave period from today after stepping down from the top spot and retiring from the insurer’s board
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News Analysis
Local Leicester lockdown could prove ‘difficult for insurers’ defending rejected BI claims
Business interruption policies triggered by Covid cases at the insured premises, or within a defined radius, may come under closer scrutiny as city-centric lockdown confirms the local impact of the pandemic
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IT Interview
‘There’s always misinformation and bravado around multiples’ says new GRP boss Mike Bruce
Despite the advantages of consolidation, Bruce added that this is still viewed negatively within the broking sector
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News
Janet Connor swaps MD role for non-executive post at AA
She will be succeeded by RSA’s former managing director of UK personal lines
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News
Insurtech Dialogue Exchange Global selected for Lloyd’s Lab latest Covid-19 cohort
The business aims to streamline the credit and political risk marketplace
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News
GoCo Group hires new chief financial officer
The new appointment has served tenures at Photobox Group and Expedia
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News
R K Harrison partners with Ageas for land and estates insurance scheme
The five-year agreement is effective from 1 July
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News
Tysers Insurance Brokers appoints new independent non-executive director
The new hire was the former chief executive at the Association of Lloyd’s Members
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Features
Financially stressed policyholders are a ‘moral hazard’ leading to increased claims
Insurance Times explores the correlation between policyholders’ financial stress and their propensity to make claims - here, we explain what insurers can do to recognise and aid these vulnerable customers…
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News
GRP moves into healthcare sector with first acquisition since Searchlight investment
GRP takes first steps into new industry sector with first acquisition since private equity investment earlier this month.
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News
Covid-19 is the ‘watershed moment’ to improve cyber insurance penetration
Swiss Re detailed the recent history of the cyber insurance market during its virtual media day last week, highlighting how the coronavirus crisis has affected the market and how the pandemic could aid the product’s penetration…
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IT Interview
Travel insurers are ‘obviously only dealing with squeaky wheels’ says Aquarium Software
Insurance Times speaks to Aquarium Software director Mark Colonnese about the ‘car crash’ travel insurance sector and how insurtechs can turn the Covid-19 pandemic to their advantage…
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News
Wimbledon boss confirms the championship will not have pandemic insurance in 2021
The All England Lawn Tennis Club warns that although pandemic insurance has protected the Wimbledon tennis championship this year, finding pandemic insurance for 2021 is likley to be ‘impossible’…
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News
Tech is designed to take friction from the broker-customer experience
Find out the latest insights from Insurance Times’s most recent broker webinar, which discussed technology trends impacting insurance now and in the future.
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News
Hospitality action group awarded right to intervene in FCA test case
HIGA, the group action body fighting rejected BI claims from insurers Aviva and QBE, has been granted permission to intervene in the FCA’s test case.