All articles by Katie Scott – Page 66
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FeaturesIndustry experts warn of insider fraud as a result of Covid-19 pandemic
A panel of UK and US insurance professionals say insurance staff working from home may undertake opportunistic fraud to mitigate financial hardship brought on by the pandemic
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NewsTourist railway ‘treated badly’ by MS Amlin over rejected coronavirus-related BI claim
The SME is teaming up with its broker to mount a challenge against the insurer
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FeaturesCoronavirus: Rejected business interruption claim case studies
Insurance Times takes a deeper look at two business interruption claim case studies, investigating the impacts of insurer decisions on SMEs and brokers
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NewsHiscox considers raising new equity in response to Covid-19 uncertainty
Despite this approach, the insurer announced on the London Stock Exchange that its ‘funding positions remain robust’
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NewsHospitality sector to bring group action against insurers refusing Covid-19-related BI claims
A collective claim by group registrants is likely to run into tens of millions of pounds
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NewsLaw firm says insurance claims among most likely to succeed in UK courts
More than half of cases brought by insurance policyholders succeed at the first instance
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NewsCrawford and Company confirms new chief executive and president in US
The new Atlanta appointments will be effective from 15 May
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NewsHiscox Action Group secures funding for legal BI claim battle
The initial funding will allow appointed law firm Mishcon de Reya to review policy claims
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IT InterviewSteer clear of inaccurate telematics apps says insurtech boss
ThingCo chief executive explains that smartphone apps may offer a cheap solution for insurers and brokers, but they don’t enhance the claims process
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NewsAXA to award Irish motor policyholders €33 rebate each as a result of coronavirus lockdown
Around five insurers are expected to offer Irish customers refunds on their motor insurance
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FeaturesCoronavirus: Will public liability insurance extend to cover the online home exercise boom?
As the UK’s lock down continues, exercisers turn to social media and digital channels while gyms are shut. But are there public liability risks associated with online home exercise classes, Insurance Times finds out
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NewsABI and ACSO agree statement of intent for personal injury claims
The bodies concur that video examinations and rehabilitation services can be performed remotely
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NewsABI predicts its members will shell out £1.2bn for Covid-19-related claims
Around £900m of this estimate regards business interruption claims
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NewsTracker offers self-installed telematics in reaction to Covid-19 lockdown
The move is designed to safeguard young drivers while maintaining social distancing
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NewsCoronavirus legal protocol protecting personal injury claimants is extended
Around 317 firms have agreed to the terms of the protocol so far
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NewsWillis Re says BI claim risks pose ‘existential threat to the entire industry’
Event cancellation claims, on the other hand, are equivalent to 1% of reinsurers’ capital base
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NewsHyperion X records 95% increase in premium throughput via its broker administration portal
Its digital marketplace has processed 400% more premiums in the first half of 2020 compared to H1 in 2019 due to recent coronavirus-related remote working measures
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NewsMoJ delays whiplash reform implementation until April 2021 due to coronavirus
The government announced that ‘now is not the time to press ahead with significant transformational change’
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NewsAdmiral to automatically refund £110m to car and van customers due to Covid-19 lockdown
Customers will receive £25 for each car and van covered by the personal lines insurer
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FeaturesEmployers versus brokers: Are workplaces a competing distribution channel or a new opportunity?
Are employers encroaching on brokers’ territory by providing insurances via workplace benefits, or is there an opportunity for brokers to capitalise on these relationships?
