Latest News – Page 453
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NewsCovid-19 driving demand for bicycle insurance in cities
As bicycle sales rise, insurers have a key opportunity to increase the uptake of this kind of cover in the UK
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NewsFCA business interruption test case: Day 7 - as it happened
A test case brought by the FCA against eight insurers could have significant consequences for insurers, brokers and policyholders. We report on the latest from the High Court…
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NewsMore needs to be done to restore public trust in insurance, urges CII
The industry body has proposed that insurers take a three-pronged approach to tackle falling levels of trust
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NewsZego partners with e-scooter firm to insure Teeside trial roll-out
Insurtech Zego has partnered with e-scooter company – Ginger, to provide insurance for the UK’s first e-scooter trial which has launched in Tees Valley, North East England.
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NewsLV= confirms 600 potential redundancies as part of business restructure
Chief executive Steve Treloar emphasised that the staff cut is not related to the Covid-19 pandemic
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NewsFCA business interruption test case: Day 6 - as it happened
A test case brought by the FCA against eight insurers could have significant consequences for insurers, brokers and policyholders. We report on the latest from the High Court…
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NewsUnderwriting discipline sees Sabre results hold firm amid Covid pressures
The motor insurer said it was hard to predict what will happen to premiums this year due to ongoing Covid-related uncertainty
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NewsCovid cuts average price of motor insurance premiums - ABI
The average quarterly price at its lowest since the third quarter of 2016
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NewsBGL expands insurer writing panel with addition of Premier Underwriting
Premier specialises in car and commercial vehicle policies for rural areas
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NewsFCA proposes insurance relief extension for Covid-hit customers
The original measures were brought in this May
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NewsAnti-fraud drive sees 400 insurance policies cancelled in Wales
The initiative has been running for two years
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NewsDavies expands captive management portfolio with third acquisition of 2020
Once re-branded, the newly purchased business will become part of Davies’s insurance services practice
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NewsTwitter hack exposes potential for reputational harm
The confluence of Covid-19 and advanced social engineering techniques poses a growing threat - CyberCube
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IT InterviewWhiplash reform could lead to ‘claims in other guises’ says DLG’s head of claims
Despite making the process ‘much clearer’ for whiplash-related claims, Direct Line’s managing director for claims thinks the delayed whiplash reform could impact the broader motor insurance supply chain or other variants of personal injury claims
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NewsMGAs have to add value otherwise they do not ‘have an existence’
Industry experts say MGAs need to have a trusted relationship with carriers, that they must ‘kill them with kindness’ and make themselves ‘indispensable’ in order to thrive
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NewsABI issues travel insurance travel warning for Spanish holidaymakers
The insurer trade body spoke out following a government annoucement to introduce a quarantine for those returning from Spain
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Online onlyBriefing: Why PIB could be Gallagher’s next major UK acquisition
Gallagher will likely turn its attention to UK acquisitions again once Covid settles
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NewsEcclesiastical names new claims director ahead of Bonehill’s retirement
The new hire will join from Allianz in October
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IT InterviewDLG meets ‘digital savvy’ customer demand with accelerated self-serve model in response to Covid-19
The insurer’s managing director of claims explains how the Covid-19 pandemic has changed customer behaviour and expectations, making digital communications more ‘prominent’
