All articles by Clare Ruel – Page 109
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NewsJensten Group acquires wholesale and retail broker
Jensten Group Limited has acquired a wholesale and retail broker effective from today.
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NewsBritish theatre at risk due to ‘inadequate insurance cover’
But refund protection insurance is experiencing an uptick in popularity
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NewsLloyd’s calls for industry and government collaboration to mitigate future systemic risks post-Covid19
Lloyd’s of London is calling for close collaboration between insurers, brokers, customers, the global industry and government in designing cover for future systemic risks, which it says are complex.
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NewsLegacy systems tipped as main barrier to insurance digitalisation
Despite this, just over a quarter of participants in an Insurance Times poll thought the barrier was cost
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NewsUsage-based insurance attracts funding despite drop in insurtech investment
Pay-per-mile policies are much more popular with the younger demographic
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NewsInsurtechs poised to prosper from post-pandemic business models
Many businesses are adapting their business model post-pandemic and seeking out on-demand insurance to cater to delivery surge, which could be a win-win situation for insurtechs
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NewsMiles Smith Insurance Solutions to rebrand following merger
SRIL owns Miles Smith, and bought Croydon-based Square Mile Broking in October last year
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IT InterviewAntilo – the MGA on a mission to use machine learning to better price risk
The MGA intends to help underwriters price risk more accurately using technology as well as bridging a “data gap” in telematics
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NewsMGAA hires new managing director as Staddon steps down
As Peter Staddon is set to retire in August this year, a new managing director has been appointed, Staddon will continue to work on a part time basis until his successor begins
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NewsNDML releases handbook for hospitality and leisure industry reopening
The guidebook details advice on risk management such as how employers should approach staff that have lost a loved one
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NewsBHIB-backed provider partners with Mazuma
The two firms have joined forces to support freelancers and micro-businesses
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NewsWorking from home could cause employee mental health issues
There is a social element to work that employees who work from home may not be getting leading to feelings of isolation as well as having to juggle other responsibilities such as childcare
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IT InterviewOpportunity to boost terror insurance penetration seen amid lockdown
The socio-economic pressure on UK society could lead to a spate of terrorist attacks post-pandemic but there are measures that brokers can take to drive the penetration of terror cover up for SMEs and help ensure they can recover should the worst happen according to Geo Underwriting
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NewsRevealed: Top BAME insurance leaders and role models 2020
Some BAME insurance leaders from Aon, Aviva and Brokerbility have made it on to the list again this year
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NewsFCA appoints new chief exec
The new candidate will start in the autumn, with interim chief executive Chris Woolard continuing in his role until then
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NewsSMEs still lacking terror cover as Reading attack highlights ongoing risks
After three men were murdered in a recent attack in Reading that is being treating as a terror incident, Geo Underwriting warns SMEs could be at risk without the right cover in place
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IT InterviewInsurtech offering brokers and underwriters PPL alternative sees business boom during Covid crisis
With Covid-19 accelerating electronic placing in the insurance industry, insurtech Whitespace is on a mission to help brokers and underwriters smoothly transact as its platform business is soaring
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News AnalysisShort-term rentals and Airbnb insurers impacted by Covid-19 lockdown
With lockdown easing, the sharing economy may be able to recoup some losses, but at the same time new risks and property exclusions have emerged
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NewsCovid19 forces sharing economy insurer Pikl to refocus business
With bookings dropping by more than 90% the insurtech has had to refocus, but it plans to launch some new products as it switches its target area of business during lockdown
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News AnalysisLaw firms create interfaces for delayed LiP portal as its deemed ‘too complicated’
Some law firm’s have created their own technological interfaces to support insurers responding to claims or claimants filing one, Insurance Times investigates why
