All articles by Katie Scott – Page 72
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News
Salvage firm recovers 3,000 vehicles in one day as storms batter UK
Copart UK says the stat ‘demonstrates the sheer scale and impact’ of recent flooding
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IT Interview
Allianz: commercial property market has been ‘too cheap for too long’
The insurer’s chief executive explains how rate increases are flagging behind jumped-up claims inflation
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News
Allianz’s operating profit nosedives by 35%
The insurer states that fire, theft and escape of water losses have detrimentally affected its commercial property business
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IT Interview
Insurtech hype halts as disruptors morph into collaborators
Although digital transformation projects across the industry are rife, legacy technology infrastructures pose problems, says Polaris’ Vivek Banga
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News
Government plans to extend dormant assets scheme to encompass insurance sector
Dormant insurance policy proceeds could be re-directed to aid good causes
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News
NFU Mutual to pay out around £20m for Storm Ciara-related claims
The insurer says it has received more than 2,800 claims, primarily for storm damage
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News
Supreme Court rules against MIB in landmark legal action
The organisation will now have to compensate individual who was struck down by an uninsured driver on private land
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News
Ageas brings its home book back into profitability
The insurer cites a pricing and underwriting revamp as one of the main causes for the turnaround
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News
Welsh rugby club seeks donations as insurance won’t pay out for flood damage
Storm Dennis-related flooding devastated the grounds and facilities at Bedwas RFC
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IT Interview
Insurers could be on the hook for future liability says Copart UK’s MD
The US trend surrounding future liability after insurer-arranged car repairs is careering into the UK market, according to salvage firm
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News
Ageas to underwrite new home insurance products for Post Office Insurance
The organisations have agreed a five-year partnership
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News
Insured losses due to Storm Ciara set to reach €1.9bn
In the UK, 675,000 homes lost electricity because of the windstorm, as well as a further 10,000 homes in Ireland
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IT Events
High net worth individuals are ‘low-hanging fruit’ for cyber criminals
UK Global Broking Group told BrokerFest 2020 delegates that awareness training is key to eliminating carelessness when it comes to online safety
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News
Event operators uninsured for coronavirus-related cancellations
Insurers are rushing to exclude the illness from epidemic cover
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News
Zurich UK’s GWP for general insurance rises by 4% to just under £2.5bn
The insurer also confirmed its focus on escape of water and fire risks for 2020
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IT Events
Customer education helps reduce escape of water claims as part of multi-pronged approach
Thinking outside of rigid claims processes can sometimes better suit clients says Davies Group
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IT Events
Engaging with tech savvy millennials is vital to combat HNW underinsurance
The customer experience needs to centre around a digital delivery and offering online modelling tools
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IT Events
Brokers should trust their gut instinct when dealing with unrated insurers
An expert panel at Insurance Times’s BrokerFest 2020 event discuss whether it is ever appropriate to work with an unrated insurer
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IT Events
High net worth market hardening by 8-10% says Lumley Insurance
The firm’s chairman and managing director identifies the latest high net worth trends at BrokerFest 2020
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News
LMA to focus on Future at Lloyd’s implementation for 2020
The association will also seek to address Brexit challenges within its objectives for this year