Property – Page 4
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NewsMGA launches unoccupied property product after broker feedback
’Our short-term unoccupied property insurance addresses the specific risks associated with unoccupied properties,’ says managing director
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NewsFormer Howden and WTW executive joins Ardonagh-owned broker
Head says his expertise ’made him the perfect person for this position’
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NewsMGA launches new property arm and announces senior hire
’This expansion allows us to offer a more comprehensive and innovative product range,’ says appointee
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NewsShift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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NewsModern methods of construction could build premiums for independent schools – Ecclesiastical
’It is vital that when clients are considering a new school building or sustainability project, they consult all interested parties,’ says director
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News AnalysisWhat are the best performing business lines in UKGI?
Insurance DataLab reveals exclusive analysis of the five largest business lines in UK general insurance, detailing which products are currently the most profitable
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IT InterviewNick Turner: Circular economy approach could reduce cost and carbon footprint of claims
Nick Turner, head of surveying at loss adjusting firm Woodgate and Clark, explores how the insurance market can better manage claims costs while also supporting greater sustainability by embracing the concept of the circular economy
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NewsDifferences in how FOS and insurers treat coverage disputes causing industry ‘irritation’
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner
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IT InterviewPaul Howley: From account executive to startup broker
’I have a family to look after as well, therefore it was difficult to just start from scratch,’ says managing director
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NewsClass action lawsuit launched over ‘national scandal’ of hidden insurance commissions for leasehold buildings
’The plight of leaseholders and their unconscionable and unlawful treatment by some freeholders is nothing short of a national scandal,’ says leading solicitor
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NewsInsurance Times wins Story of the Year at Biba’s Journalist and Media Awards: Read it here
The story covered the UK government’s indication that it would to ban managing agents and freeholders from taking commissions when arranging buildings insurance
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News AnalysisWeathering the storm – how insurance is combating climate change risks
’We’re having increasing adverse weather events and it is undeniably off the back of climate change,’ says insurer’s chief executive
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NewsEcclesiastical launches into office professionals market to satisfy broker feedback
Alongside entering new markets, the insurer is ‘selectively starting to open up conversations about supporting MGAs’ in order to further facilitate business growth, says UK managing director
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News‘Huge’ growth in property fraud is ‘non-stop’ – DWF Law
In particular, ‘cannabis farms are a big issue’ concerning commercial and domestic properties, as well as suspicious escape of water claims
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NewsVapes now present major fire risk to schools – Zurich
’Disposable vapes can pose a serious fire risk as they contain lithium-ion batteries that can ignite if damaged,’ says insurer’s regional major loss manager
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News AnalysisBriefing: Time for the industry to sink or swim around flood risks
Flood-related claims are on the up, heavily influenced by climate change and the uptick in named storms – the insurance industry must take a proactive stance on this risk to avoid drowning in high claims volumes
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NewsFormer account executive launches new broker
’It takes hard work and commitment, but it is well worth doing,’ says founder
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NewsEcclesiastical to help brokers speak to schools about risks with new tool
’Brokers play an important role in helping independent schools understand the risks they are facing,’ says customer segment director
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NewsProperty underinsurance worsening as insurers look to tackle shortfalls
’Clients need to be informed that market value and insured value can be two very different figures,’ says director
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News AnalysisTechTalk: Climate change focused insurtechs support insurers to ‘insure the uninsurable’
Industry needs to ’adopt new technologies to future forecast’ because developing climate change risks are ’harder to insure as you can’t rely on historical data’, says senior manager
