All articles by Katie Scott – Page 65
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NewsMarkerstudy confirms that board directors have taken a 50% pay cut
Markerstudy announces its latest step to stay afloat while battling the financial fallout of the Covid-19 pandemic.
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IT InterviewTraditional insurance does not have ’much shelf life left’, says Pukka’s Sam White
Industry multi-tasker Sam White on why brokers have an ‘important role’ to play in insurance
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NewsPrimary Group buys majority stake in Leeds-based MGA
Investment holding company Personal Group has re-purchased personal lines MGA UK General Insurance Group after originally selling the business to J C Flowers in 2017.
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NewsFormer RSA Ireland chief financial officer disqualified and fined €70,000 for under-reserving breach
The regulator’s investigation found that the senior leader had been involved in the insurer understating its claim reserve estimates by €29m
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NewsProbitas 1492 gains Lloyd’s ‘in principle’ approval to establish managing agency
The new firm will assume the management of Syndicate 1492 from Capita Managing Agency Limited
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NewsWhite confirms Pukka to hand in Gibraltar licence at end of July
The move was designed to ‘rationalise the cost base’ of the business
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NewsPIB Group’s McManus says the home working ‘experiment is working’
The broker’s chief executive told Insurance Times that the nationwide move to working from home in accordance with Covid-19 social distancing measures has ‘completely changed our attitude’
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NewsHome insurance market set to contract by 1.4% as a result of Covid-19
Data and analytics firm predicts that gross written premiums within the UK home insurance market will drop to £5,935 in four years’ time
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NewsCovid-19 presents new opportunities for MGAs versus ‘clunky’ capacity providers
Technology-enabled MGAs have the ability to innovate and be entrepreneurial in the wake of the coronavirus crisis says leading industry experts
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IT InterviewInsurance sector is ‘going to be seen as uncaring’ as a result of Covid-19 outbreak
PIB Group’s chief executive says the insurance industry will be painted as the villain of the coronavirus crisis
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IT InterviewInsurers re-setting HNW boundaries to take advantage of higher premiums and margins
The mid net worth market is likely to merge into core domestic household products says loss adjustor
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NewsPIB Group to rebrand 12 businesses under PIB Insurance Brokers
The move aims to create a united specialist commercial lines division
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NewsGovernment should use claims management capability during pandemic, says PIB boss
Brendan McManus explains that the insurance industry could have supported the government throughout the coronavirus crisis
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NewsHiscox Action Group triggers arbitration clause in bid for £40m pay out for rejected Covid BI claims
The group’s law firm is acting on behalf of 350 Hiscox Insurance policyholders
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NewsThompson and Richardson buys Lincolnshire-based broker
The deal is the firm’s first since becoming an Ethos Broking regional partner
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NewsTwo-thirds of UK brokers don’t think the industry has responded well to the Covid-19 crisis
Nearly all of the research respondents agreed that policy wordings need to be reviewed urgently
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NewsGerman fraudster jailed for two years after failed £6m insurance scam that amputated his left hand
The scammer let a train run over his left hand so that he could claim on numerous accident insurance policies
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NewsMcLarens buys global loss adjusting and claims management company
The deal provides a ‘strategic fit’ to boost market presence within the natural resources sector
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FeaturesPandemic insurance set to become ‘mainstream’ following Covid-19 outbreak
Insurance Times explores pandemic insurance availability and coverage prior to the coronavirus pandemic, and how this is geared to change in a post-Covid-19 world
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NewsNearly two-thirds of businesses have had coronavirus-related BI claims rejected by insurers
The Irish survey further showed that a third of business owners are still awaiting a final decision from their insurance company regarding a business interruption claim
