Schemes – Page 6
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News Analysis
The Briefing - Insurtech – Surviving Covid-19, government schemes for insurtechs ‘not all it’s cracked up to be’
The government has been instrumental in supporting businesses during the Covid-19 pandemic, however many insurtechs have found that these schemes incur pitfalls and strict eligibility criteria that does not work in their favour
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News
Aviva estimates Covid-19 impact on specialist schemes and brokers as related BI claims reach £200m
Insurer Aviva has estimated that business interruption (BI) claims related to the Covid-19 pandemic will amount to around £200m across its global general insurance portfolio, net of reinsurance.
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News
Government launches temporary reinsurance scheme to facilitate access to trade credit insurance
The initiative aims to help businesses recover from the economic shocks of the Covid-19 pandemic
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News
Government plans to extend dormant assets scheme to encompass insurance sector
Dormant insurance policy proceeds could be re-directed to aid good causes
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News Analysis
The Briefing: SME broking – Brokers can benefit from focusing on SME schemes
With a broad SME market and new small businesses springing up all over the UK, how do brokers keep abreast of trends and make sure they are offering their customers the best possible value?
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News
Pikl partners with Hiscox for sharing economy scheme roll-out
An earlier report by the insurtech startup found that major insurers did not cater to those that deal with short-term rentals
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News
Re-insurance scheme helps quarter of a million households in high flood risk areas get cheaper home insurance
The Flood Re initiative has benefitted 3,049 Birmingham households to date
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Online only
Want to make more money out of schemes? Index reveals most profitable lines
Public liability insurance offers highest renewal commission. Meanwhile, cyber is up and coming as a product bringing good profits to brokers, but more needs to be done to improve understanding
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News
Fraudster trio sentenced for crash scheme on pregnant woman
Two siblings and their friend carried out £18k crash for cash scheme where the victim was a pregnant woman
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Agenda
How can brokers seize the opportunities within schemes?
Four insurance specialists give their views on making the most of business with schemes
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Agenda
‘Flat white economy’ stirs schemes brokers
With the digital economy now the UK’s largest sector, there are huge opportunities in both mainstream and niche insurance, with intellectual property and other intangibles offering room to innovate
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News
Biba launches intellectual property scheme with specialist MGA
Intellectual property insurance is a market set for growth in the coming years
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News
Exclusive: SchemeServe testing new claims tool to help insurers 'give the service they advertise'
Chief operations officer, John Price believes customers are left disappointed with the claims process because of false advertising
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News
Biba renews on GAP scheme for members
Biba said the news was welcome following a recent reduction of GAP capacity in the UK
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News
16 fraudsters sentenced for £1.2m crash for cash scheme
It follows a joint investigation with IFED, the IFB and the Eastern Region Special Operations Unit
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Online only
Scheme brokers warned to take urgent action amid FCA pricing crackdown
FCA pricing crackdown has focused on insurers, but scheme brokers are warned they are also in firing line
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News
Jail time for family after £40,000 crash for cash scheme
An uncle and his three nephews have been sentenced after the fraud was uncovered by IFED
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News
BIBA and TMK launches new drone insurance scheme
The scheme includes coverage for physical loss or damage of up to £100,000 per drone
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IT Interview
Insurance Times Q&A: Carolyn Callan head of small business & schemes at Covéa Insurance
Head researcher, Savan Shah speaks to head of small business and schemes at Covéa Insurance, Carolyn Callan on its performance in this year’s Insurance Times eTrading survey