All articles by Clare Ruel – Page 106
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NewsFlood Re chief exec outlines next steps for addressing climate change risk
The flood re-insurer presented evidence to Parliament’s Environment, Food, and Rural Affairs (EFRA) Select Committee yesterday addressing the evolving risk of climate change threatening its exit
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NewsLloyd’s of London becomes target for climate campaigners as underwriting room reopens
Lloyd’s of London workers were met with some climate protesters raising their concerns as they returned to work after its underwriting room has remained shut since March due to the coronavirus pandemic
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News AnalysisInsurtechs navigating the pandemic amid shifting consumer behaviour – stick or pivot?
Covid-19 has been hard on insurtechs, which have had to adapt to changing demands from consumers in lockdown. Insurance Times takes a look at how some have weathered the storm better than others and what it takes to make a business pandemic proof
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News AnalysisThe Insurance Times insurtech top five winners and losers of the pandemic
While the pandemic has hit the insurtech sector hard, some insurtechs have still managed to prosper, Insurance Times reveals its top five that have blossomed or gone bust as a result of the pandemic
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News AnalysisInsurance industry left to shoulder risk in Grenfell fire aftermath
How can you put a price on Grenfell? The insurance industry has been left to shoulder the risk of safety measures that resulted from the inquiry, despite building safety and standards further deteriorating for high-rise buildings.
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NewsMactavish recommends Written Lines Tenders for construction firms struggling to get PI cover
Covid-19 has amplified the existing problems in the construction professional indemnity market such as rising premiums, Mactavish offers a solution
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NewsThingCo secures contract with Freedom Brokers
ThingCo has secured a new contract to further deploy its telematics device Theo, as part of its ambitions to expand in the UK and then globally
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IT InterviewFlooding data could help cut insurers’ loss ratios says insurtech chief exec
Following the flash floods last week that battered Scotland and parts of South London, Previsico advocates that flooding data could turn the tide on how incidents are dealt with, helping insurers to reduce their loss ratios
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NewsUK travel insurer to cover FCO watchlist European destinations
The FCO has advised against all non-essential travel to certain destinations as the pandemic continues, however some travel insurers are now offering cover for this
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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
