All articles by Katie Scott – Page 73
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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?
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NewsMcLarens appoints new executive director to UK and Ireland board
The new hire has 33 years of industry experience, previously working at firms such as Sedgwick UK
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NewsInsurers need to do all they can to retain SME customers says data analysis firm
Communication is vital to ensure smaller businesses can manage cash flow adds analyst
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FeaturesBuilding trust is the cornerstone to operational resilience
With the world in a state of coronavirus-related flux, the need for solid and effective operational resilience has never been more pertinent – but how can this be achieved?
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NewsComprehensive car insurance premiums fell by 1% in 2020’s Q1
The average cost of annual car insurance is now £809
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NewsIrish finance minister to virtually meet with insurers to thrash out BI claim concerns
This afternoon’s meeting will tackle ‘urgent matters such as business interruption cover’ says Irish government officials
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IT InterviewLeakBot aims to slash escape of water claims costs with self-installed device
A partnership with Hiscox has opened the firm’s eyes as to how it can aid insurers and brokers in managing expensive EOW claims
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NewsFCA reports 58% increase in ‘other general insurance’ complaints in H2 2019
The regulator attributed this colossal rise to an increase in complaints pertaining to one firm
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FeaturesOffice tech still insured for home working as insurers show united front
As employees gather laptops, phones and screens to use for remote and home working, the ABI issues guidance on how this should be treated under home insurance policies
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NewsFCA warns insurance bosses to pay SME business interruption claims
If a claim cannot be paid in full, the regulator recommends that insurers make an interim payment
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NewsAmanda Blanc to lead independent government review of flood insurance
The review wishes to explore why individuals did not have sufficient insurance coverage during the November 2019 flooding
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