Latest News – Page 408
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News
US insurers offer motor premium refunds as Covid-19 hits claims frequency
UK market will be keenly watching the actions of US motor insurers
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FCA outlines business priorities for 2020 and 2021
The regulator’s plans recognise the impact of Covid-19 on the financial services sector says interim chief executive
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Gallagher appoints new broking managing director for UK retail division
The broker promotes former market management director
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Covid-19 impacts bodyshop businesses with claims notifications down by 70%
Nearly half of bodyshops surveyed have had to suspend trading amid pandemic lockdown
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IT Interview
Ex-Jelf boss Phil Barton aims to build ‘next generation’ broking business
Insurance Times spoke to new Partners& chief executive Phil Barton to hear his plans for the future of the business and why he thinks the broking industry is in need of a reset
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News
New chief executive international appointed as QBE’s Richard Pryce set to retire
Pryce’s career in insurance spans 35 years, seven of which were spent at QBE
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GRP’s Green Insurance Group buys two Brighton-based brokers
The purchase aims to strengthen the firm’s south eastern footprint
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Aston Lark opens Cheltenham office headed up by new senior hire
The new operating site will primarily cover Gloucestershire, Herefordshire and Worcestershire
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Ex-Jelf boss Barton returns with star lineup in new broker
The broker will be led by chief executive Phil Barton, while Stuart Reid will fill the role of chair of the board of directors
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News
Insurers remove unoccupied property exclusions during pandemic
Commercial policy wording has been amended to extend the period of non-occupancy
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News
NFU Mutual includes Covid-19 in personal accident and annual travel insurance policies
New and existing home and business customers set to benefit from new support package
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Dundee Football Club plans to reimburse losses from Covid-19 related match cancellations
Season ticket holders could receive pay outs under the club’s business interruption and commercial combined policies
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Online only
Debate grows on state-backed Pandemic Re to cover mass business interruption
Parametric type cover suggested as a solution
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News
Nimbla appoints former RFIB managing director as chief commercial officer
The new hire has 25 years of industry experience
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Ecclesiastical hires former Westminster Abbey receiver general as non-exec director
The insurer plans on using its new starter’s experience to build upon commercial success
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News
UK insurers brace as bosses could face coronavirus-related D&O claims and legal action
An uptick in litigation targeting directors and officers is a likely consequence of the Covid-19 pandemic
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Online only
Revealed: The one thing insurers can do to give zest to e-trade service for brokers
Insurance Times etrade survey reveals one etrade function would provide a huge boost to brokers
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News
Aqueous Underwriting reveals measures to help restaurants impacted by Covid-19 outbreak
Restaurants and pubs will be able to operate takeaway and delivery businesses
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News
Personal injury and insurance lawyers agree new practices during Covid-19 pandemic
This includes the use of video conferencing for medical examinations