Latest News – Page 410
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CII says Boris testing positive for coronavirus reminder of challenges all businesses face ahead
Some businesses have faced collapse due to the UK being in lock down and plunging sales
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Insured property market loss for Storm Dennis estimated at €286m
The UK, Germany and Belgium were the countries most affected by insurance losses
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Vietnamese airline offers own travel insurance covering coronavirus
The organisation said it wanted to provide ‘humane values’ and ‘assurance’ to its customers
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Central Bank of Ireland urges insurers to take consumer-focused stance for Covid-19 related claims
The government office is also putting the onus on chief executives for coronavirus claims determinations
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Under-fire insurers call on government for debate over pandemic BI solution
ABI responds fully after powerful MP body ask questions over handling on coronavirus
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Government support for self-employed hit by Covid-19 brings relief to insurers
The chancellor of exchequer’s new financial measures for the self-employed may come as a relief to some, but what about those that do not meet the eligibility criteria?
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Ageas aims to boost claims response time using Tractable’s vehicle repair AI solution
The insurtechs solution has quickened the process of settling a claim that has traditionally been slow within the industry by using artificial intelligence
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Law firm fears detrimental impact of potential discount rate change in Northern Ireland
The personal injury discount rate in Northern Ireland currently stands at 2.5%
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Lloyd’s board grants Blenheim Underwriting approval to establish new MGA
The company now plans to apply for regulatory approvals
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Treasury Select Committee chair questions ABI on how sector is responding to Covid-19
Rt Hon. Mel Stride MP says ‘many will be looking to their insurer for both flexibility and assurance’
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Inside the cyber market with Sayata Labs’s Kingsley Flynn
Flynn says the market is still dogged by past perceptions of how restrictive and confusing cyber policies were in the early days of the product coming to market
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Coronavirus bumps up credit hire and bent metal claims values
Law firm DAC Beachcroft says it is ‘certain’ that Covid-19 will impact claims values in these arenas
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‘Unacceptable’ - Tory MP blasts insurers amid no coronavirus payout customer fury
Sir Roger Gale said insurers must pay out in the customer time of need
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Focus on fraud saves Sedgwick customers £35m
Commercial claims fraud was the largest component at £14.8m
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Lloyd’s boss confident it can weather Covid-19 storm as it returns to profit
Its combined ratio saw an improvement of 2.4 percentage points
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Salvage network to halt vehicle collections to help coronavirus fight
e2e will also track vehicles infected with Covid-19
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Insurers face solvency squeeze as coronavirus wreaks havoc on financial markets
Investment bank Berenberg issues warning as the Covid-19 pandemic continues to spread across the globe
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Ardonagh Group reports 66.4% growth in adjusted EBITDA for 2019
Chief executive David Ross described 2019 as ‘a significant point in our history’
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Coronavirus ‘social distancing’ measures hits gig economy as service demands rise
As the UK goes into lockdown to mitigate the spread of the coronavirus, the insurtech industry has responded to support gig economy workers
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Zurich broadens marine insurance platform roll-out
The platform was launched in selected markets last year but due to positive feedback it has been expanded