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Latest NewsSupreme Court judgment brings clarity to a highly complex matter – Biba and ABI
Although Biba backs the appeal ruling, more clarity is still needed within the industry
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Latest News
‘Being prepared is key’ – FSCS’s chief exec Caroline Rainbird on navigating the next financial crisis
The Covid-19 pandemic has seen businesses work in “unprecedented circumstances”, according to the FSCS chief exec. She tells Insurance Times how the pandemic has allowed the firm to think differently
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Supreme Court dismisses insurers’ appeals in BI test case ruling
Around 370,000 policyholders are expected to be impacted from the judgment
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Car insurance premiums fall 6% amid lockdown - Confused.com
Fewer journies and consequently claims saw premiums decline significantly last year
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Aviation sector should expect Covid impact on EL claims and hull policies – Weightmans
Legal expert outlines the claims exposures insurers in the aviation and aerospace market should expect to see this year
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Amanda Blanc succeeded by Crawford’s veteran for insurtech chair
The insurtech’s new chairman has a history in loss adjusting and claims management which spans 35-years, he was previously at loss adjustor Crawford’s and Company
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Convex in fresh capital raise
Latest capital raise brings Convex’s committed capital to $3.2bn
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Specialist Risk Group buys construction sector MGA
Chief executive Downey says ‘developing a market leading MGA capability is a central element of our strategy’ for 2021
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Woodgate and Clark buys Manchester-based loss adjuster
The move is designed to fast-forward business growth says managing director Scarrett
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MP urges FCA to investigate British Gas over fears home insurance customers won’t receive cover
Due to ongoing strike action by British Gas engineers, around 100,000 customers may not receive adequate home insurance
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MoneySuperMarket reveals top burglary claims hotspots amid pandemic
Cities were found to have the highest claims for home contents theft
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FCA is ‘front and centre’ of BI debate due to ‘interventionist approach’ – Weightmans
Friday’s Supreme Court ruling on business interruption policy wordings may also be used by the Financial Ombudsman Service, increasing the potential exposure for insurers
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Trust in travel insurers drops due to Covid-19 pandemic
Meanwhile motor claims reduced by 48% in Q2 2020
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Care homes reject new patients due to ‘insurance dilemma’
Insurance premiums for care homes have also been rising
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New Dawn Risk’s UK division to serve ‘clear demand’ for big broker alternatives
During these challenging times, there has been a demand in the UK market for alternatives to big brokers that still have the expertise to help businesses
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Bollington buy will ‘supercharge’ Gallagher as UK regional powerhouse
Gallagher will ‘supercharge’ its presence in north west with Bollington. Gallagher has firepower to keep on making acquisitions in the near future, says UK retail chief Michael Rea
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Ethos Broking’s Finch buys HNW commercial broker in its first deal of 2021
The firm has made a total of 12 acquisitions since joining Ethos Broking in 2016
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Gallagher buys Bollington Wilson
International broking firm Gallagher has kicked off the first major M A activity of the year
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Jeremy Clarkson hits out at insurers after facing £60k premium post-Grenfell
Clarkson admits that although he could afford these insurance premiums for his flat in London, it does not make it right
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Latest News
UK launches Global Health Insurance Card, but stresses importance of securing travel insurance
The new card will ensure UK residents have access to emergency healthcare when travelling in the EU
