All articles by Clare Ruel – Page 101
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Insurance industry could be ‘first line of economic response in future outbreaks’ – Marsh chief exec
Marsh’s president and chief executive relays how brokers and insurers can work together to solve the pandemic dilemma in the future
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Revealed: Claims Excellence Awards 2020 – winners and reaction
Insurance Times is back with another glitzy virtual ceremony and mystery host, this time to celebrate the best of claims in the industry. Which three firms bagged two awards each? Was it you?
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‘Share pandemic risk coverage’, urges Marsh chief exec
Marsh boss calls for creative solutions to mitigate future pandemics and other shock events
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Returning to profitability is key concern for aviation insurers – Gallagher
The aviation market was already hardening, and the pandemic has caused further complications
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Covid-19 to drive Lloyd's workplace innovation - John Neal
Neal said that Lloyd’s transformation is about reducing cost of doing business
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Government calls for evidence in Pool Re review
It will run for six weeks, ending on 22 November 2020
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Business growth remains top priority for insurance CFOs despite pandemic – EY
The pandemic has made business planning ’more important than ever before’ for insurance CFOs
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Airmic’s chief exec to step down
The leader has been at Airmic for a total of eight years after starting out in a position on its board; a successor will take over as chief executive in 2021
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Insurance industry takes ‘more holistic view’ to preservation of the building versus life
Using timber within construction is a greener solution for the environment, despite it being combustible and - in turn - higher risk. However, since the insurance industry is now taking a ’more holistic view’, should it also start thinking ‘out of the box’ to address these risks?
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IT Interview
Geobear – the tech firm cutting the insurance industry’s subsidence claims costs by 20%
Subsidence claims are lengthy and expensive to solve, however Geobear is working with the insurance industry to reduce costs and cut claims down time by 70%
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Flood Re’s credit rating upgraded
Credit rating agency maintains that the reinsurer’s ability to handle large claims warranted an upgrade
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Ecclesiastical committed to improving claims handling following Independent Inquiry
The insurer has responded to the Independent Inquiry of Child Sexual Abuse (IICSA) that slammed Ecclesiastical for not providing complete evidence
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Brit and African Caribbean Insurance Network team up to address insurance industry ethnic diversity
The two will work together to attract new graduate talent by promoting the insurance profession amongst students
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IT Interview
360Globalnet boss says no code technology is ‘next big thing’ for insurance
The insurtech’s chief executive, Paul Stanley tells Insurance Times why no code technology is going to be the ’next big thing’ in insurance and reveals how the technology’s flexibility allowed 360Globalnet to build its own Track and Trace System
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Independent Inquiry criticises Ecclesiastical for ‘incomplete evidence’ in child sexual abuse Church saga
The report makes eight recommendations directed at the Church of Wales and the Church of England of which Ecclesiastical insures, record keeping was highlighted as a significant problem for these religious institutions
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Ex-Eldon chairman Martyn Holman joins Rainbow Group
This role adds to his current list of non-exec roles including chairman at Somerset Bridge Insurance Services, the rebranded Eldon Insurance as of December 2019
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Aviva inks five-year capacity deal with MGA for home products
It will build on Aviva’s existing relationship with the MGA and see the new product being distributed to the MGA’s 500 brokers and affinity partners
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Zego reveals plans for partnership with Bravo Group’s networks
The ongoing Covid-19 pandemic and the need for social distancing to be in place, the UK is driving less and that has meant a turn to more usage based policies, with this in mind Zego’s director of enterprise, Gianluca Uberti tells Insurance Times the insurtech’s latest partnership
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Covid-19 accelerates need for parametric insurance model says InsTech London
With a second lockdown on the horizon, InsTech London is predicting that parametric insurance could plug the insurance protection gap for individuals and businesses