Latest News – Page 412
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News
Covid-19 boosts opportunistic insurance fraud, says BAE Systems
The firm’s counter fraud director believes fraudulent claims will ‘slip through the net’ amid the current public health and hygiene focus
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Agenda
How the rise of AI could change the face of insurance
Artificial intelligence is making huge inroads into what were once professional occupations, including selling insurance. But in areas such as medicine, who pays if something goes wrong?
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News
LV= reports 39% drop in underwriting profit
But broker business grew by 24% in 2019 due to the migration of personal lines from Allianz
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News
iCAN signs four new sponsors in 2020 ‘Year of Action’
The multicultural network group has an overarching aim of supporting inclusion across insurance industry
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News
Pharmacy insurer vows to help customers stay open
Pharmacies are one of the few shops left open amid the coronavirus outbreak
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Online only
FOS reveals most complained about insurers
New data from the Financial Ombudsman Service reveals which insurers consumers are complaining about the most
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News
Laura Ashley files for administration as coronavirus worsens plunging sales
In February, the retailer’s shares dropped by 41%
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News
Admiral and CGI collaborate on five-year rating services contract
The two have a relationship that spans 25 years
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News
Open GI outlines business plans during coronavirus outbreak
The firm will be practising social distancing and has released a set of precautionary measures to maintain business as usual
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News
Coronavirus impacts more devastating than 9/11 says independent expert
Coronavirus-related impacts on insurers’ investment businesses could see premiums skyrocket
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News
E-scooter trial raises insurance questions
The Department of Transport is in consultation over what rules should be administered to e-scooters on the UK’s roads, this includes insurance
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News
Pikl appoints Stuart Reid as new chairman
Reid is well known across the industry as he previously worked at Gallagher
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News
Bought by Many appoints new chair
Last year the insurtech announced its plans to expand internationally, with the first stop being Sweden
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News
Aspen Insurance Holdings appoints new group chief financial officer
The new hire succeeds Scott Kirk, who is leaving the firm at the end of April
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News
Aspen Insurance Holdings exits underperforming UK regional P&C line
Group chief executive describes 2019’s financial results as ‘disappointing’
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News
QBE to stress test business due to coronavirus pandemic
Employees will be asked to work remotely and customers will be encouraged to have virtual meetings
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News
Pub group not covered for loss of business due to Covid-19
The chain is advising its publicans to source additional insurance as losses are not covered under its group policy
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News
Pen Underwriting and Markel renew equestrian capacity deal
The MGA and insurer first partnered together in 2017
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News
Zurich-backed Pluto suspends travel insurance disruption add-ons due to virus spread
Zurich has also released a statement explaining what it covered and what is not for travel insurance policies
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News
Direct Line and Aviva halt travel insurance sales
Coronavirus has seen an explosion in demand for travel policies