Latest News – Page 396
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NewsSam White explores cashing out programmes in response to Covid-19 and Brexit
The chief executive says this option helps deliver choice to consumers
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NewsBrokers have ‘big opportunity’ to win accessibility game against direct insurers
A lack of direct insurer communications provides an opening for brokers to be able to help policyholders amid the Covid-19 pandemic; an Insurance Times webinar discusses the topic…
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IT InterviewQ&A: Working from home and financial hardship creates ‘perfect storm’ for fraudulent claims says Horwich Farrelly
Insurance Times quizzes David Scott, counter fraud partner and head of innovation at Horwich Farrelly, about the fraud issues arising from the Covid-19 pandemic and what insurers and claims handlers can do to mitigate the fallout…
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NewsBHIB-backed provider partners with Mazuma
The two firms have joined forces to support freelancers and micro-businesses
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NewsHiscox Action Group seeks to intervene in FCA’s test case on BI policy wordings
The Hiscox Action Group has instructed its lawyers to intervene with the FCA’s BI case test, as insurer Hiscox refuses to move forward on any other legal action until the conclusion of the FCA’s hearing.
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NewsWorking from home could cause employee mental health issues
There is a social element to work that employees who work from home may not be getting leading to feelings of isolation as well as having to juggle other responsibilities such as childcare
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NewsPandemic Re risks creating ‘society insurance gap’, says Totus Re
As such, it has urged the insurance industry and government to consider more perils than just pandemic risks as part of the Pandemic Re steering group
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NewsMarkerstudy confirms that board directors have taken a 50% pay cut
Markerstudy announces its latest step to stay afloat while battling the financial fallout of the Covid-19 pandemic.
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IT InterviewTraditional insurance does not have ’much shelf life left’, says Pukka’s Sam White
Industry multi-tasker Sam White on why brokers have an ‘important role’ to play in insurance
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NewsClaims Excellence Awards Finalist 2020 Q&A: VisionTrack’s IoT platform transforming video telematics
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October at Kensington’s Royal Garden Hotel
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IT InterviewOpportunity to boost terror insurance penetration seen amid lockdown
The socio-economic pressure on UK society could lead to a spate of terrorist attacks post-pandemic but there are measures that brokers can take to drive the penetration of terror cover up for SMEs and help ensure they can recover should the worst happen according to Geo Underwriting
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News AnalysisArdonagh downgraded following £2bn refinancing deal
But rating agency Fitch says it expects the broking group to continue to improve its EBITDA margin amidst the potential for increased cost savings as a result of its latest round of acquisitions, as well as a return to ’healthy’ free cash flow
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NewsRevealed: Top BAME insurance leaders and role models 2020
Some BAME insurance leaders from Aon, Aviva and Brokerbility have made it on to the list again this year
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NewsFCA appoints new chief exec
The new candidate will start in the autumn, with interim chief executive Chris Woolard continuing in his role until then
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NewsClaims Excellence Awards Finalist 2020 Q&A: Countrywide Hearing’s tool aims to simplify claims journey
Winners will be revealed at Insurance Times’s Claims Excellence Awards 2020 on 15 October at Kensington’s Royal Garden Hotel
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NewsSMEs still lacking terror cover as Reading attack highlights ongoing risks
After three men were murdered in a recent attack in Reading that is being treating as a terror incident, Geo Underwriting warns SMEs could be at risk without the right cover in place
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IT InterviewInsurtech offering brokers and underwriters PPL alternative sees business boom during Covid crisis
With Covid-19 accelerating electronic placing in the insurance industry, insurtech Whitespace is on a mission to help brokers and underwriters smoothly transact as its platform business is soaring
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NewsArdonagh tops debt above £1.8bn amid new M&A hunger
The broker also announced £300m in finance for its acquisition pipeline
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NewsPrimary Group buys majority stake in Leeds-based MGA
Investment holding company Personal Group has re-purchased personal lines MGA UK General Insurance Group after originally selling the business to J C Flowers in 2017.
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NewsUK personal lines market set for significant shrinkage following Covid-19
And the GlobalData research predicts it will take until 2022 for the market to recover lost GWP
