Latest News – Page 403
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Newse-trading Q&A: NIG sees significant uptick in inbound calls and email traffic amid Covid-19
NIG has spotted an increase in inbound calls at its etrade operations and claims centres with many brokers seeking guidance on policy coverage during the coronavirus crisis, Insurance Times etrading 2020 results are also now available
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NewsERS adds former Ageas UK chief exec to board
He has 30 years of industry experience including having worked at Bollington, Carole Nash and AXA
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NewsAIG reveals new ‘largest ever’ Lloyd’s Syndicate 2019
It will allow AIG to continue its strategy for optimising its general insurance portfolio
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People & OpinionBlog: Adaption, when it’s necessary, it happens – 360Globalnet's Paul Stanley
Covid-19 has fast tracked digital processes for many firms. Necessity is not just the mother of invention, it is also the mother of adaptation and adoption, says Paul Stanley FCII, chief executive at insurtech 360Globalnet
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NewsMore consumers want to purchase insurance in light of Covid-19 pandemic says consultancy
The Capgemini Research Institute found a 10-percentage point increase in the number of consumers looking to buy insurance
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NewsMore than half of UK publicans have had their BI claims rejected says trade association
Nearly two-thirds of pub owners have also had their pandemic insurance applications refused
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NewsZurich joins Uinsure’s household and buy to let insurance panels
The panel already includes AXA, Ageas and RSA, to name a few
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NewsHiscox Action Group and Night Time Industries Association join forces
The two hope to pool resources and share information as they seek a pay out from Hiscox
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NewsTokio Marine Kiln appoints new chief underwriting officer from Chubb
The new hire has experience in specialist markets
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NewsLV= ringfences £30m to help customers suffering financial hardship because of Covid-19
The insurer will redirect savings from reduced claims during lockdown to help car and motorbike policyholders
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NewsPremier League clubs facing insurance premium hike
Social distancing guidelines has meant sports cannot go ahead
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NewsCovid-19: Insurers in talks to set up fund to help stricken charities
Fund would provide relief to charities unable to collect funds amid the lockdown measures
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NewsCovid-19: SMEs could stop buying BI policies
A survey found a significant number of companies would not bother buying such cover in the future
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NewsWillis Towers Watson predicts up to $13.9bn market loss for BI and contingency lines due to Covid-19
The firm’s insurance consulting and technology business says the effectiveness of policy wordings is a key uncertainty
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IT InterviewLexisNexis Risk Solutions UK boss says use of policy history information is ‘really rudimentary’
The firm’s managing director for UK and Ireland believes policy history data could be better utilised to improve ratings and underwriting
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NewsCouncil warns schools on PPE production risk
Warning comes as schools step in produce protective equipment
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NewsAnimal Friends Insurance partners with Aviva
The partnership offers a digital solution for policyholders needing professional advice from a vet for their pets
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NewsFCA to obtain legal clarity on BI insurance following influx of coronavirus-related claims
The regulator has also offered guidance to insurers, asking them to assess the value of their products in light of the Covid-19 pandemic
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NewsNGO coalition call on insurers for ‘green and fair recovery’ from Covid-19
NGOs are concerned the insurance industry risks repeating the mistakes it made when it identified pandemic danger
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NewsNDML and NTIA call on chancellor to release Pool Re funds
They have penned an open letter to Rishi Sunak
