Business Interruption
News Analysis
In Focus: Is the Covid linked business interruption claims backlog still an issue for UKGI?
Five years on from the onset of the Covid-19 pandemic, Insurance Times asks insurance experts whether business interruption claims linked to the lockdowns are still causing challenges for insurers and what the scope of the potential backlog is
News Analysis
The complexity of business interruption insurance – and why innovation is lagging behind
Technology has already improved ‘low-hanging fruit’ problem areas, but now it is time to aim a little higher with AI tools, to better support claims handlers and end customers with detailed BI claims
News Analysis
In Focus: Are cyber insurers prepared for BI claims after July’s global outage incident?
Head of claims reports that cyber is an ‘ever-changing’ risk and that there is more variety in how BI claims can now present themselves
News
Ecclesiastical 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
News
Backchat: Bard of Salford pens peculiar claims inspired poetry
’Insurance may seem like a mundane realm, but as the poems show, it’s a rich tapestry of human chaos, from tragedy to comedy and beyond,’ says poet
News
New creatives scheme announced for recently launched broker
’My team and I have launched something new and exciting that will help creative freelancers buy the insurance they need,’ says founder
News
Startup looking to disrupt market and build trust with new profit-share model
’We are taking insurance back to first principles,’ says chief executive
News Analysis
Superscript enters next phase of accelerated growth with SME focus
’It’s been quite a journey already – the next phase is about maturing as the scale comes,’ says chief executive
News
New suggestions made for BI policy wordings in insurance book
’This report addresses topics identified by the BI community,’ says chair
IT Interview
Marion Jones: UK entertainment insurers facing pressures as Hollywood writers’ strike ends
Managing director warns of ’enormous fight’ over talent and ’fairly limited studio space’
News
Brokers key in emerging cyber risks education – Aviva
’The challenge for insurers and brokers is to work together to engage businesses,’ says head of cyber
News Analysis
Chief executive impersonation fraud rises during economic downturn and AI explosion
The increasing use of artificial intelligence has made impersonation fraud more accessible, against the backdrop of inflation and economic uncertainty
News Analysis
Markel’s ‘significant digital investment’ reflected in improved eTrading results
The insurer ‘never forces brokers down the eTrade path,’ says broker sales director
News
Allianz Trade launches new cover to tackle rise in employee fraud
’Post pandemic economic uncertainty means businesses face a heightened risk of internal and external fraud,’ says chief executive
IT Interview
Ben Legg: eTrade SME commercial sector ‘quite competitive’ but opportunities ahead
’Brokers are a real distribution engine, they maintain and improve relationships with the SME commercial consumers,’ Open GI’s chief product officer tells Insurance Times following this year’s eTrading survey results
News
Ecclesiastical enters new sector following broker demand
’The more we grow, the more we can give to good causes,’ says managing director
News Analysis
If a solar flare storm struck earth tomorrow, is the insurance industry ready?
’Without proper modelling of such complex interconnected risks, the impacts are largely unknown,’ says senior meteorologist
News
Lukango and specialist insurer ink partnership to ‘demystify insurance’ for small businesses
’We are helping small business owners demystify insurance with jargon-free, tailored insurance purpose-built for them,’ says chief executive
News Analysis
Briefing: Lloyd’s of London’s NHS plan flies in the face of rising exposure fears
You would be forgiven for thinking the last thing the industry would do is seek to increase its exposure to a future pandemic
News
West End theatre group to sue Allianz over alleged BI failure
It is one of a series of Covid-19 BI claims arising from the pandemic lockdown when businesses were forced to shut
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