Latest News – Page 474
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NewsAdmiral’s premium refund “sets precedent” for motor market
Research firm GlobalData says move will help the insurer retain customers and market-leading GWP share
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NewsHiscox considers raising new equity in response to Covid-19 uncertainty
Despite this approach, the insurer announced on the London Stock Exchange that its ‘funding positions remain robust’
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NewsHospitality sector to bring group action against insurers refusing Covid-19-related BI claims
A collective claim by group registrants is likely to run into tens of millions of pounds
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NewsLaw firm says insurance claims among most likely to succeed in UK courts
More than half of cases brought by insurance policyholders succeed at the first instance
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NewsCrawford and Company confirms new chief executive and president in US
The new Atlanta appointments will be effective from 15 May
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NewsHiscox Action Group secures funding for legal BI claim battle
The initial funding will allow appointed law firm Mishcon de Reya to review policy claims
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NewsEcclesiastical reveals broker social media guide amid Covid-19 lockdown
It aims to help brokers stay connected with customers during the pandemic
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NewsDentists threaten to sue insurers after being denied insurance payout
One in five dentists estimate that they will only be able to last one month without financial assistance
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IT InterviewSteer clear of inaccurate telematics apps says insurtech boss
ThingCo chief executive explains that smartphone apps may offer a cheap solution for insurers and brokers, but they don’t enhance the claims process
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NewsAXA to award Irish motor policyholders €33 rebate each as a result of coronavirus lockdown
Around five insurers are expected to offer Irish customers refunds on their motor insurance
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News AnalysisChancellor unveils £1.25bn startup package – but will it be enough to uphold insurtechs?
During the last budget it seemed that insurtechs were left out of the equation for financial protection from government, but its new loan scheme could solve this dilemma
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NewsCinema chain denied insurance payout from AXA amid Covid-19
It has left the cinema with almost no income and 196 staff on furlough, but Covid-19 was not on the list for named diseases in the policy extension
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FeaturesCoronavirus: Will public liability insurance extend to cover the online home exercise boom?
As the UK’s lock down continues, exercisers turn to social media and digital channels while gyms are shut. But are there public liability risks associated with online home exercise classes, Insurance Times finds out
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NewsABI and ACSO agree statement of intent for personal injury claims
The bodies concur that video examinations and rehabilitation services can be performed remotely
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NewsPioneer and K2 agree terms for underwriting portfolio transfer
The deal is expected to close by the end of Q2
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NewsABI predicts its members will shell out £1.2bn for Covid-19-related claims
Around £900m of this estimate regards business interruption claims
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NewsCovid-19 pandemic event could be most expensive ever for insurers, says Lloyd’s chief
Pandemic could cost hundreds of billions, says John Neal
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NewsHiscox Action Group appoints London law firm for BI claims battle
The group now includes 200 members
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NewsBe Wiser and Worry+Peace strike review platform deal
The broker will pilot the feedback strategy, inviting people to review parts of the customer journey
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NewsTracker offers self-installed telematics in reaction to Covid-19 lockdown
The move is designed to safeguard young drivers while maintaining social distancing




























