All Suppliers articles – Page 116
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NewsSharp decline in motor claims following MoJ release of OIC data
For the year as a whole, just under 300,000 motor claims were registered in 2021 compared to 350,000 between June and September the previous year
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NewsNew OIC data reveals only 1% of claims settled
The insurance industry largely welcomes the new Online Injury Claim portal, but it is still early days as the data reveals that 4,331 claimants are unrepresented
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AnalysisMichael Sicsic: FCA’s clamp down on price walking means industry needs to ‘get its act together’
Managing director says the complexity and difficulty of the FCA’s pricing rules may push smaller brokers to seek acquisitions from bigger firms
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NewsLoss adjuster warns of spike in cannabis linked fire claims amid lockdown easing
Around 94% of cannabis farms are now located in domestic premises and around 25 farms or factories are being discovered by police each day
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NewsPercayso’s new no code solution gives insurers control over data enrichment
The new product will allow insurers to make changes to data easily
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NewsBrokerFest 2021: Regulation bar will be ‘a lot higher’ for brokers selling to SMEs
Industry experts predict more regulation to be incoming around insurance for SMEs as the regulator wants these firms to be treated ‘like personal lines customers’
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NewsBoom in business protection complaints show customers still feel ‘hard done by’ – Insurance DataLab
Despite the High Court’s ruling to clarify business interruption claims, complaints have increased more than fourfold over the last year
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AnalysisCO2 crisis could spark fresh demand in supply chain cover
Climbing CO2 prices have put pressure on the national and global supply chain, subsequently affecting Covid-hit SMEs
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AnalysisWhat are the most profitable schemes for brokers emerging from the pandemic?
Caravan and trailer schemes saw the largest increase in premium volumes over the last six months, reflecting the pandemic-related staycation boom over the summer months
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NewsUinsure launches new insurance division for non-standard and commercial referrals
The firm’s mission is to ‘remove insurance complexity and deliver fair value in a digital age’, says chief commercial officer
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NewsDavies inks deal to buy US-based property and casualty inspection firm
The new buy will form part of Davies’ global insurance services business
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NewsFCA still concerned over industry understanding of product governance rules
The regulator said that brokers are struggling to identify themselves as manufacturers or distributors, meaning they are uncertain whether updated product governance rules apply to them
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NewsHB Underwriting partners with insurtech to launch tenants’ contents product
The cover aims to close the insurance accessibility gap for social and affordable housing tenants
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NewsBrokerFest 2021: SMEs face underinsurance risk around intangible assets
Although cyber cover for SMEs is a ‘tough sell’ for brokers, these businesses should be encouraged to seek expert advice ‘because they won’t understand intangible risks as well as brokers do’
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NewsFCA chair plans to step down in spring 2022
Chairman wishes to hand oversight of the FCA’s transformation programme to successor who will see the project through to completion
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NewsBrokerFest 2021: Businesses struggling to keep pace with hardening cyber market
With ransomware and cyber threats constantly evolving, CyberCube’s chief growth officer discusses what brokers can do to help clients in a hard market
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NewsTelematics provides one in four of the cheapest motor insurance quotes – Consumer Intelligence
Despite keeping ‘prices affordable’, there is a ‘huge difference’ between costs for certain age groups, says pricing expert
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NewsBrokerFest 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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NewsABI saddened at MP David Amess’ death
The MP spoke at the ABI’s conference in June on fire safety
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IT InterviewBen Huckel: Insurtech’s ‘built for change’ IT solution addresses legacy issues
Insurtech aims to take pain and frustration out of IT adoption for the insurance industry
