Zurich News – Page 8
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News
Proliferation of electric vehicles is impacting claims costs – BrokerFest 2022
Pinched supply chains and disruption have caused significant increases in the cost of complex motor claims
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News
Stonegate v Amlin Covid-19 BI case kicks off in High Court
If the court rules in favour of Stonegate, ’it is likely to provide a further moment of reflection for insurers’, Reed Smith partner says
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News
Backchat June 2022
An alternative leg day away from the gym, an insurance professional cooks up a storm and one insurer celebrates its 100th birthday. What has the insurance sector been up to lately? You heard it here first…
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News
Collaboration is key to addressing future risks – Airmic 2022
The London Market needs to act as a “tiger”, not a “sloth”, when addressing risk innovation
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Top Premier League clubs to pursue BI claim against major insurers
A ruling in this case could represent a ‘new test case’ for business interruption claims
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Ex-Aviva chief financial officer moves to Zurich
She has also previously held several senior roles at AIG
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News
Insurance Times reveals 2022 results of annual eTrading survey
Read on to find out which insurer extranet platforms gained five star recognition from brokers, as well as which software houses and broker management systems triumphed across the report’s metrics
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Zurich UK enhances new small fleet policy for electric vehicles
The policy will now include a like-for-like EV replacement when customers use one of its improved repair networks
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News
Alias fraudster sentenced to jail time as web of lies exposed
Insurers Aviva and Zurich are owed £58,000 in compensation for the claims
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Residents at West India Quay demand commission fees disclosure from insurer
Zurich says it cannot release this information, however
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Zurich appoints new head of SME
The insurer hopes the new hire will drive continued growth in its retail business
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Zurich promotes internally for new UK chief sustainability officer
The insurer’s chief data officer is also moving up the ranks
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Zurich wins court case as defendant pleads guilty to fraudulent motor claim
After deliberately causing damage to his car, the fraudster is facing a ‘hefty fine, community service and criminal record’, says head of claims fraud
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Analysis
Insurers brace for claims as Storm Eunice batters UK
UK insurers put surge plans in place ahead of Storm Eunice hitting last week, but commentators agree that improved infrastructure resilience is the long-term answer as extreme weather events are on the up
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Zurich UK returns to pre-pandemic level with £450m operating profit
The insurer has paid £2bn in claims across all UK business areas
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Which three insurers have been awarded five stars by brokers in the 2022 Insurance Times Personal Lines Survey?
The Insurance Times Five Star ratings for personal lines have just been unveiled, with three insurers being awarded the full five stars by brokers
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Campaigners call out insurers investing $7.9bn in North Sea oil and gas companies
Removing support for oil and gas production ‘needs to accelerate beyond the current baby steps’, says climate campaigner
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Zurich sees startup applications for innovation championship double
There were 305 applications in the UK alone
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Cyber threats ‘growing faster than ability to prevent and manage them effectively’
Rewarding efficiency over resilience ’can leave companies vulnerable to shocks’, says broker’s European risk management leader
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Climate crisis is ‘biggest long-term threat facing humanity’
Lobbying group’s report urges the insurance industry to ‘think outside the box’ and act on climate change risks