All articles by Katie Scott – Page 67
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NewsFlood Re ‘needs tweaking’ says Biba executive director
The trade association says there needs to be better collaboration with software houses as well as a ‘build back better’ mentality
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NewsBiba flags 19 coronavirus-related issues on behalf of brokers
The trade body collated top broker concerns surrounding the Covid-19 pandemic, such as unoccupied property clauses, renewal extensions and insurer risk recommendations
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NewsBiba supports Pandemic Re proposition as ‘insurance can’t cover everything’
The trade body’s executive director labels the coronavirus pandemic as a fundamental risk, alongside war and nuclear contamination
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NewsBiba predicts more mid-term policy changes following PM’s Covid-19 lockdown update
The trade association believes brokers will be called upon to help address clients’ needs as construction staff gear up to return to work
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FeaturesHow exposed are brokers to negligence claims following rejected Covid-19-related BI claims?
As commercial customers and insurers draw battle lines over business interruption claims, Insurance Times looks at whether brokers could get caught in the crossfire
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NewsEthos Broking announces managing director for partner Finch Group
The new hire most recently worked at JLT Specialty
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NewsMunich Re reports €800m loss related to Covid-19 in 2020’s Q1
The firm attributes losses to event cancellation claims in light of coronavirus pandemic
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NewsPremiership players may have to sign Covid-19 disclaimers due to insurance coverage fears
Before resuming training, professional rugby players could have to sign disclaimers to waylay worries about coronavirus claims
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NewsInternational regulatory organisation warns against retrospectively covering Covid-19 losses
The voluntary membership organisation says this ‘could create material solvency risks’ for insurers
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FeaturesHow is the motor insurance supply chain impacted by the Covid-19 lockdown?
Insurance Times investigates how the ongoing coronavirus pandemic is affecting motor supply chains and the subsequent claims process for motor insurers and customers
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NewsWide area damage test could be insurers’ ace for refusing coronavirus BI claims
Professional services firm Marsh explores whether this argument could ‘extinguish Covid-19 claims recovery’
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NewsCytora hires former Hiscox chief operating officer
The company is bolstering its executive team in order to expand its global operations and drive customer success
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NewsData analytics firm predicts 0.4% rise in motor insurance GWP despite lockdown regime
The firm adds that Admiral’s premium refund initiative is ‘an influential move’
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FeaturesThe Briefing: Coronavirus impacts on GI - With a reduction in road use due to Covid-19, should insurers start returning some premium?
Insurers in the US are refunding part of their customers’ car insurance premiums as coronavirus lockdown measures see a decline in vehicle use and therefore claims, but will the UK market follow suit? Four industry experts share their thoughts
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FeaturesThe Briefing: Coronavirus impacts on GI – Is the insurance sector caught in the crossfire of Covid-19 pressures?
Financial services consultancy says ‘the expectation for the industry to just pick up the tab for a once-in-a-century crisis like coronavirus is just not reasonable’
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NewsMore consumers want to purchase insurance in light of Covid-19 pandemic says consultancy
The Capgemini Research Institute found a 10-percentage point increase in the number of consumers looking to buy insurance
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NewsMore than half of UK publicans have had their BI claims rejected says trade association
Nearly two-thirds of pub owners have also had their pandemic insurance applications refused
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NewsZurich joins Uinsure’s household and buy to let insurance panels
The panel already includes AXA, Ageas and RSA, to name a few
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NewsTokio Marine Kiln appoints new chief underwriting officer from Chubb
The new hire has experience in specialist markets
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NewsLV= ringfences £30m to help customers suffering financial hardship because of Covid-19
The insurer will redirect savings from reduced claims during lockdown to help car and motorbike policyholders
