Latest News – Page 419
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IT InterviewThe ‘single biggest challenge’ for brokers is capacity says Miller boss
Broker chief executive explains that ‘we’re having to work much harder for our clients to make sure we get them the deals done that they need’
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NewsLloyd’s to stop insuring fossil fuel projects by 2030
The London market will aim to reduce premium income from fossil fuel to just 2% of premium income by 2022
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NewsCovid-linked D&O claims are ‘a significant area for focus’ – Fenchurch Law
In particular, firms facing insolvency may struggle to find cover under directors’ and officers’ policies due to recently implemented coronavirus exclusions, says law firm partner
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NewsNew Worry+Peace platform targets brokers
The broker and insurtech aims to support professional indemnity insurance
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News AnalysisBrokers demand ‘much better service’ from insurers amid tightened lockdown regime
Against a backdrop of stricter lockdown restrictions, brokers tell Insurance Times that they are unimpressed with insurer service as some have ’attempted to shirk their responsibility’
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NewsCatastrophe losses cost insurers $83 billion in 2020
Losses from secondary peril events are forecast to increase, driven by climate change - Swiss Re sigma
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NewsIrish regulator finds that ‘dual pricing is evident’ within home and motor markets
Customers with the longest tenures are paying the most for insurance, according to market analysis
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NewsCo-op Insurance partners with By Miles to provide customer choice
The move forms part of Co-op Insurance’s wider strategy following the sale of its underwriting business earlier this month
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FeaturesBriefing: The LiP portal a year on – still no nearer to being launched?
The personal injury sector is chomping at the bit to discover whether the LiP portal will actually be ready for use come April 2021 – this has no doubt felt like a long, nail-biting waiting game for industry professionals
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IT InterviewCovid-19 pandemic exacerbates opioid crisis as claims surge again
With the Covid-19 pandemic still ongoing, there has been a surge in claims for opioids. Sedgwick’s senior medical officer tells Insurance Times why the situation has worsened and what the loss adjustor has been doing to tackle it
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NewsRSA confirms managing director for London Market business
The interim posting has been made permanent
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NewsEnd of a mutual: LV= members to receive cash windfall after private equity sale
LV= previously sold its general insurance business to Allianz last year
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NewsNovidea looking to grow internationally following specialist broker on-boarding
Novidea is targeting commercial non-commoditised business
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AgendaOpinion: A year to forget for many, while opportunity knocks for others
Insurance Times managing editor Yannick Guerry mulls over how 2020 has panned out, with brokers questioning service standards and reputational gains still up for grabs
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NewsBackchat December 2020
Cruising around in a celebrity car, the perfect Christmas present for fans of the Lloyd’s of London lift and what brokers should be doing on the 12th day of Christmas. You heard it here first…
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News‘Known unknowns’ are creating ‘nervousness’ in D&O market
Factors such as climate change and cyber security could lead to an uptick in D&O claims next year
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IT InterviewM&A activity is “more frenetic now then it’s ever been” – Ethos Broking
The Covid-19 pandemic is accelerating M&A conversations, with many brokers considering whether to de-risk their assets
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NewsLaw firm partner predicts ‘more and more coverage disputes’ for excess layer insurance
Brokers may well get caught in the ‘argy-bargy’ too if primary insurers and excess layer insurers disagree on coverage decisions
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NewsHiscox UK fills key leadership role
Specialist insurer Hiscox has made an interim appointment permanent as it continues to revamp its UK leadership team
