Latest News – Page 375
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Online onlyBriefing: Looking back at a history of problems in the solicitors’ PI market
A market rife with historic challenges, solicitors’ professional indemnity is once again making headlines as premium prices are predicted to escalate. But what else has plagued this niche? Insurance Times takes a closer look By content director Saxon East
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NewsTrue impact of lockdown reductions not shown in ABI's claims data says By Miles
The insurtech says that the coronavirus pandemic has clearly shown that the way car insurance works is unfair
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NewsRevealed: Insurance Times Awards finalists 2020
Winners will be revealed at a glitzy awards ceremony on Wednesday 9 December, did you make the short-list?
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IT InterviewAon’s Dominic Christian on bringing diversity to the insurance industry
With diversity and inclusion being hot on the agenda following the death of George Floyd in the US and the subsequent Black Lives Matters protests, Dominic Christian at Aon UK explains why ethnic minorities are so important to the insurance industry
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NewsAXA Partners extends long-term partnership with travel insurer
The global insurer has entered a collaborative partnership with a travel insurer to cater to customer needs more closely
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NewsFlood Re chief exec outlines next steps for addressing climate change risk
The flood re-insurer presented evidence to Parliament’s Environment, Food, and Rural Affairs (EFRA) Select Committee yesterday addressing the evolving risk of climate change threatening its exit
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NewsABI records 48% decline in motor claims between 2020’s Q1 and Q2
However, the value of claims being paid has climbed by 27% - the largest reported quarter to quarter increase
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NewsLloyd’s of London becomes target for climate campaigners as underwriting room reopens
Lloyd’s of London workers were met with some climate protesters raising their concerns as they returned to work after its underwriting room has remained shut since March due to the coronavirus pandemic
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Online onlyBroker Service Survey 2020/21: How many stars do your insurer partners deserve?
The annual Insurance Times Broker Service Survey 2020/21 is now open to brokers nationwide. Brokers - how well has your insurer supported you during the last 12 months?
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NewsCapsicum Re to rebrand in order to align with broader broking business
Gallagher’s broking and underwriting chief executive describes this change as the ‘next iteration’ of the business as it looks to ‘realise the magnitude of untapped opportunity that lies ahead for our reinsurance team’
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NewsHome and motor insurers’ Covid-19 support pledges extended to October
ABI says that the insurance industry has a ‘vital role’ to play during the pandemic, acting as the ‘final safety net for customers’
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NewsCarriers need to merge data to reap cyber insurance benefits says RAND Corporation
Combining application and claims data can help insurers identify the best security controls for their policyholders
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IT InterviewCovid car buying habits lead to demand for new insurance products says Copart UK boss
The coronavirus outbreak continues to alter the motor insurance market as policyholders’ driving behaviours, car purchase patterns and claims reflect changed road usage. Insurance Times gets the details from Copart UK’s managing director
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NewsData leaks surge almost 500% during pandemic
The problem mainly stems from misconfigured databases
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News'Doxing' identified as an ‘evolving threat’ within cyber risk landscape
Furthermore, data breach severity has increased over the past year, with a heavy focus on the healthcare and pharmaceutical sectors
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NewsGallagher and Pen Underwriting swap chief operating officers
The month-long handover process will commence from 1 September
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News AnalysisBriefing: Why insurance is key to economic recovery post-Covid-19
Businesses have been hit hard by the pandemic, but support from insurance could help drive innovation and ignite economic growth By Matt Scott, insight editor at Insurance Times
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FeaturesHow data is transforming home insurance for a Covid-19 world
New data sources and data enrichment is helping the home insurance market become fit for purpose amid a Covid-19 landscape, where the home is so much more than a place to lay your head
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News AnalysisAon and Willis Towers Watson merger seals shareholder approval
Shareholders have voted in favour of the merger between Aon and Willis Towers Watson
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News AnalysisHorwich Farrelly wins case to bring clarity to recovery of expenses in Scottish personal injury case
The pursuer failed to disclose pertinent information on heads of costs pre-Tender, resulting in the Sheriff allocating expenses after that point to the insurer
