Regulation – Page 69
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IT InterviewInsurance market is on the back foot in dealing with Covid-19 pandemic says law firm partner
Insurers and brokers need to move past the crisis management phase and think of future solutions to mitigate pandemic risks
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NewsRSA sued by dozens of investors following Irish under-reserving error
The shareholders accused the insurer of using its Irish division as a “cash cow” to support under-performing units in the wider group
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NewsFlood Re ‘needs tweaking’ says Biba executive director
The trade association says there needs to be better collaboration with software houses as well as a ‘build back better’ mentality
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NewsGolf to resume but lack of insurance could put thousands at risk
Many walkers are using golf courses during lockdown which poses an additional and unexpected risk
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NewsBiba flags 19 coronavirus-related issues on behalf of brokers
The trade body collated top broker concerns surrounding the Covid-19 pandemic, such as unoccupied property clauses, renewal extensions and insurer risk recommendations
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NewsBiba supports Pandemic Re proposition as ‘insurance can’t cover everything’
The trade body’s executive director labels the coronavirus pandemic as a fundamental risk, alongside war and nuclear contamination
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News AnalysisConfusion remains on insuring e-scooters, as government fast-tracks trials ahead of coronavirus lockdown exit
If insurance is not in place and an accident occurs, who will pay the claim?
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NewsBiba predicts more mid-term policy changes following PM’s Covid-19 lockdown update
The trade association believes brokers will be called upon to help address clients’ needs as construction staff gear up to return to work
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FeaturesHow exposed are brokers to negligence claims following rejected Covid-19-related BI claims?
As commercial customers and insurers draw battle lines over business interruption claims, Insurance Times looks at whether brokers could get caught in the crossfire
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NewsPremier League club doctors raise concerns over own insurance
Only essential medical treatment will be allowed and all medical staff must wear full personal protective equipment (PPE)
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NewsInternational regulatory organisation warns against retrospectively covering Covid-19 losses
The voluntary membership organisation says this ‘could create material solvency risks’ for insurers
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NewsThe Big Question May 2020: How do you think insurance will look post-Covid-19?
With lock down in the UK set to continue for the time being many businesses are having to adapt, Insurance Times asked what the industry might look like after the pandemic
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News AnalysisBI coronavirus payouts could spell commission clawback worry for brokers
Some obstacles brokers face as they navigate the Covid-19 crisis could have a detrimental effect on their survival
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NewsHiscox predicts £10m to £250m BI coronavirus hit and launches share placing
It recognises that this is an extremely difficult time for businesses and it is determined to provide greater certainty for its customers
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NewsMore than half of UK publicans have had their BI claims rejected says trade association
Nearly two-thirds of pub owners have also had their pandemic insurance applications refused
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NewsHiscox Action Group and Night Time Industries Association join forces
The two hope to pool resources and share information as they seek a pay out from Hiscox
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NewsPremier League clubs facing insurance premium hike
Social distancing guidelines has meant sports cannot go ahead
