All Insurance Times articles in On-Line Archive – Page 2231
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Online onlyFOS 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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NewsPharmacy insurer vows to help customers stay open
Pharmacies are one of the few shops left open amid the coronavirus outbreak
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NewsiCAN 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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NewsLV= 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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NewsCovid-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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NewsInsurtech steps in to ease financial burden on freelancers caused by Covid-19
It follows the increasing pressure put on freelancers during the coronavirus outbreak
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NewsFCA releases guidance for GI insurer behaviour during coronavirus crisis
The regulatory body says ‘brokers have a key role to play to help consumers understand the market’
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NewsZego to offer two weeks free cover to relieve pressure on gig economy
Policyholders will be able to claim two weeks of free cover when they renew
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NewsIrish broker representative body calls for government and industry meet to tackle coronavirus concerns
The organisation’s director of GI calls on insurers to be ‘flexible’
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NewsInsurers start pulling income protection due to Covid-19
However, policyholders that have been asked to self isolate by a medical professional may still be covered
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NewsSwiss Re faces $250m loss if Tokyo Olympics cancelled due to Covid-19
The reinsurer has a 15% global market share in event cancellation cover, which could now be claimed for coronavirus-related cancellations
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NewsProfessional body offers guidance on preparing for ‘surge events’
The CII’s claims society publishes a guide to help insurers deal with the increase in claims activity linked to coronavirus
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NewsPharmacy insurer calling on motor industry to insure pharmacy delivery cars during Covid-19
The increase in demand is due a 12-week self-isolation measure put in place for the elderly and most vulnerable during this time
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NewsInsured property market loss from Storm Ciara estimated at €1.5bn
Claims data from affected insurers shows that Germany was the country most impacted
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NewsTravel insurers set to pay a record £275m in coronavirus claims
The ABI expects to record around 400,000 coronavirus-related claims
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Online onlyFitch Ratings revises London market insurance sector outlook to negative amidst coronavirus pandemic
Fitch Ratings said the move reflected the “disruption and the related impacts on the credit quality of London Market insurers” caused by the outbreak
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NewsBiba 2020 conference cancelled due to covid-19
The general insurance intermediary organisation says it will work to make the Biba 2021 conference ”even better than before”
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FeaturesBrokers need to beware ‘breach of duty’ risks arising from Covid-19 impacts
Law firm Plexus Law advises brokers to ‘pay attention in this changing market’
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NewsRent guarantee insurance products suspended due to Covid-19
The government has emergency legislation in place to prevent tennants that cannot meet their rent payments from being evicted
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NewsWorking from home hard to implement for some businesses during Covid-19
In a briefing last week, Marsh also revealed the four areas that businesses should prioritise during this global outbreak including regular communication with staff
