Property – Page 9
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News
Flood risk now demands resilience rather than defences as UK switches strategy
Loss adjusting firm flags that ‘the government’s strategy has now changed’ around flood risk, with the onus on individuals and businesses to protect their own properties
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News
Manchester-based broker exceeds 2022 £100m GWP target already
The broker’s chief executive says the business is in a ’fantastic position’ to grow
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News
London Belgravia Group members set up insurance advisory firm
The three co-founders are well known in the insurance industry
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News
Zurich launches initiative to help flood-stricken customers build back better
The insurer aims to reduce its carbon footprint and help customers that are victims of repeated flooding
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News
Shift in claim trends creates demand for new talent in property insurance
Utilising educational institution career fairs and in-house development are key ways to attract new, younger talent to the sector
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News
FloodFlash expands relationship with reinsurer to strike capacity deal
Insurtech boss says the partnership will ‘set the standard for how underwriters and insurtechs can work together to address industry issues’
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Analysis
Property insurers fall to underwriting loss as Covid-19 and climate change hit hard
Business size affects insurers’ buoyancy in the property insurance market after 2020 brought business interruption claims and storm losses to firms’ doorsteps
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News
BrokerFest 2021: Parametric insurance provides efficiency and business resiliency – FloodFlash
The ‘most exciting’ development in parametric insurance is its use in non-damage business interruption, says broker success manager
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News
Government explores underwriting home insurance for flammable cladding risk
Home insurance premiums have soared from £8m to £29m in a year, according to the Association of Residential Managing Agents
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News
Pikl partners with price comparison website to bridge home insurance gap
Traditionally, home insurance policies do not cover commercial use of a property, such as letting a room
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News
NuVenture launches new MGA offering specialist insurance to care sector
It is the second MGA NuVenture has launched in the space of two months
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News
Industry bodies accuse government of creating fire safety ‘lottery’ in schools
According to claims data from Zurich Municipal, major school blazes can cost up to £20m
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News
Zurich bounces back from pandemic with best underwriting result in years
UK boss Tim Bailey says insurer did ‘incredibly well’ amid pandemic challenges
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News
Fewer motor claims drives strong H1 net result for Ageas
The insurer’s chief executive says there is a ’pressing need’ to recognise the market-wide pressures and uncertainty in the motor arena
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News Analysis
‘More to be done’ by insurance industry alongside government’s ‘ambitious’ flood investment plan
Following the publication of the government’s Flood and Coastal Erosion Investment Plan last month, industry commentators explain what the report might mean for the insurance sector
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News
FM Global appoints new president through internal promotion
Thomas Lawson will retire from his role after spending 42 years at the company
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News
Towergate and SchemeServe launch online quote and buy property owners’ scheme
Brokers will be able to access combined commercial and property covers to quote and insure up to 200 properties under the same policy
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Features
Fraudsters unafraid to ‘exploit hard times’ for insurance scams
Insurance industry needs more time to understand the ‘ripple effects’ of recession-induced fraud
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News
Claims Excellence Awards finalist 2021 Q&A: Geobear completed 98% of planned projects during pandemic
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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News
Insurers brace for claims following New Providence Wharf blaze
The government aims to reclad all unsafe tower blocks by the end of 2021