Latest News – Page 404
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FeaturesIndustry experts warn of insider fraud as a result of Covid-19 pandemic
A panel of UK and US insurance professionals say insurance staff working from home may undertake opportunistic fraud to mitigate financial hardship brought on by the pandemic
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NewsTourist railway ‘treated badly’ by MS Amlin over rejected coronavirus-related BI claim
The SME is teaming up with its broker to mount a challenge against the insurer
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NewsLancashire reveals $35m coronavirus claims for Q1
The insurer’s charitable foundation has also made a £100,000 donation to coronavirus causes
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NewsAllianz launches new claims hub for brokers
Portal provides end-to-end claims notification and tracking for brokers and fleet managers
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FeaturesCoronavirus: Rejected business interruption claim case studies
Insurance Times takes a deeper look at two business interruption claim case studies, investigating the impacts of insurer decisions on SMEs and brokers
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NewsMarkel confirms Olympics and Wimbledon exposure as it reveals $325m coronavirus hit
The insurer is also preparing for “significant litigation” surrounding the handling of pandemic claims and is reviewing wordings to limit future risk exposure
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NewsHow The Temporary Kitchen Company Is Driving Down Alternative Accommodation Costs
The business is even helping out with the NHS response to the coronavirus pandemic
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NewsAdmiral’s premium refund “sets precedent” for motor market
Research firm GlobalData says move will help the insurer retain customers and market-leading GWP share
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NewsHiscox considers raising new equity in response to Covid-19 uncertainty
Despite this approach, the insurer announced on the London Stock Exchange that its ‘funding positions remain robust’
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NewsHospitality sector to bring group action against insurers refusing Covid-19-related BI claims
A collective claim by group registrants is likely to run into tens of millions of pounds
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NewsLaw firm says insurance claims among most likely to succeed in UK courts
More than half of cases brought by insurance policyholders succeed at the first instance
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NewsCrawford and Company confirms new chief executive and president in US
The new Atlanta appointments will be effective from 15 May
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NewsHiscox Action Group secures funding for legal BI claim battle
The initial funding will allow appointed law firm Mishcon de Reya to review policy claims
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NewsEcclesiastical reveals broker social media guide amid Covid-19 lockdown
It aims to help brokers stay connected with customers during the pandemic
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NewsDentists threaten to sue insurers after being denied insurance payout
One in five dentists estimate that they will only be able to last one month without financial assistance
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IT InterviewSteer clear of inaccurate telematics apps says insurtech boss
ThingCo chief executive explains that smartphone apps may offer a cheap solution for insurers and brokers, but they don’t enhance the claims process
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NewsAXA to award Irish motor policyholders €33 rebate each as a result of coronavirus lockdown
Around five insurers are expected to offer Irish customers refunds on their motor insurance
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News AnalysisChancellor unveils £1.25bn startup package – but will it be enough to uphold insurtechs?
During the last budget it seemed that insurtechs were left out of the equation for financial protection from government, but its new loan scheme could solve this dilemma
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NewsCinema chain denied insurance payout from AXA amid Covid-19
It has left the cinema with almost no income and 196 staff on furlough, but Covid-19 was not on the list for named diseases in the policy extension
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FeaturesCoronavirus: Will public liability insurance extend to cover the online home exercise boom?
As the UK’s lock down continues, exercisers turn to social media and digital channels while gyms are shut. But are there public liability risks associated with online home exercise classes, Insurance Times finds out
