All articles by Clare Ruel – Page 105
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NewsAnimal Friends releases claims data for dog owners
The pet insurer has released claims data to help potential dog owners make better decisions picking a pet, after lockdown sees a surge in pet owners
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NewsERS appoints new chairman to succeed Amanda Blanc
As Amanda Blanc was appointed as chief executive of Aviva, ERS has now appointed a new chairman to succeed her
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IT InterviewMotor Insurers’ Bureau sees Covid-19 accelerate its culture programme
The MIB has been overhauling its culture change programme since 2018, however lockdown hit as it was due to release its new values forcing the firm to take a more creative approach with staff working remotely
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NewsZurich partners with By Miles on five-year usage-based insurance proposition
The insurer has entered a five-year agreement for a usage-based insurance model with By Miles after observing a shift in consumers driving patterns during the pandemic and as lockdown unwinds
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NewsInsurtech deals drop by 80% globally but Lloyd’s Lab still innovating
With the pandemic proving challenging for insurtechs, Global Data reveals a significant drop in insurtech deals worldwide but points out that Lloyd’s Lab fifth cohort gives hope to the industry
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IT InterviewRe-educating brokers: parametric insurance as a solution for BI
FloodFlash’s co-founder Adam Rimmer tells Insurance Times why re-educating brokers is a challenge if the parametric model is going to be applied to business interruption insurance, but nonetheless it is a positive move. The insurtech is a finalist in both the Claims Excellence Awards and the Technology & Innovation Awards ...
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NewsInsurtech MGA Equipsme oversubscribed in crowdfunding during pandemic
The insurtech decided to crowdfund as it wanted control over its own destiny during the pandemic, and it has been oversubscribed in its crowdfunding and seen a surge in customers since March
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IT InterviewInsurers unable to hide behind parametric insurance small print, says FloodFlash’s Adam Rimmer
Although many organisations had a form of business interruption insurance within their commercial cover prior to the Covid-19 pandemic, FloodFlash co-founder Adam Rimmer tells Insurance Times how a parametric insurance model would have been the better option for this type of insurance, as ’there’s no small print for the insurer ...
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IT InterviewTrackMyRisks’ Matt Hodges-Long on solving the buildings insurance crisis
The insurtech’s chief executive tells Insurance Times that he aims to make the Building Safety Register an official organisation at a time when leaseholders are facing extortionate insurance premiums in the aftermath of the Grenfell tragedy
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Online onlyMore woes for travel insurers and customers as Covid corridor to France shuts
Those travelling from France and a series of other countries will have to quarantine upon returning to the UK
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News AnalysisBack to office transitions bring new risks and lessons to the insurance industry
Next month marks the return to offices for most staff in the insurance industry, but as the UK unwinds from lockdown, what risks should brokers be aware of in a post-pandemic world and will office life ever look the same again? Insurance Times investigates
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NewsCounty Group buys Britannia Consultants Services in second acquisition of the week
County Group’s managing director said he is expecting to close a number of deals in 2020
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NewsThingCo aims to expand globally after tapping telematics veteran Martin Williams as new COO
With the telematics market making a comeback due to people’s driving behaviour changing over the course of the UK’s lockdown, Martin Williams ThingCo’s new board director and chief operating officer tells Insurance Times why it is the perfect time to roll-out Theo as the insurtech aims to go global
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NewsPet insurance market profits as pandemic lockdown sees more new pet owners
The UK lockdown has caused an increase in new pet owners and subsequently a surge in new pet insurance policies being purchased due to the ongoing uncertainty of the pandemic
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NewsFSCS urges insurance industry to make ‘holding of clear customer data’ mandatory
In March, the FSCS revealed that it was still trying to trace 30% of Alpha customers after the unrated insurer’s collapse in May 2018. Now its chairman has specified his requirement for a data standard to be put in place for brokers and insurers
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NewsGresham Underwriting and Covéa enter new capacity partnership
The MGA is also seeking long-term partnerships with insurers in a bid to grow
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NewsLloyd’s Lab chooses ten insurtechs for fifth cohort specialising in Covid-19
It is only the second virtual Lloyd’s Lab to be run and this time the ten selected insurtechs will focus on pandemic solutions
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NewsConstruction sector insurance premiums sees ‘turbo charged’ increase since lockdown
As the construction industry sees premiums soar significantly since lockdown, Mactavish emphasises the importance for construction firms to review their insurance programmes as renewals approach
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NewsAgeas sees COR improvement as result of reduced motor claims
Ageas remains committed to its staff, stakeholders and customers despite the uncertainty of the pandemic as it sees improvements in its COR, as well as GWP in household
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NewsTrack My Risks chief exec urges insurers to commit to building safety amid soaring high-rise premiums
With the draft Building Safety Bill 2020 underway, the chief executive of not-for-profit firm the Building Safety Register is seeking to evolve into its own organisation during this very challenging time that leaseholders are facing
