All articles by Clare Ruel – Page 113
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NewsDirect Line subsidiary sues IBM for £36m over ‘serious and fundamental’ IT blunder
The insurer paid IBM £10.2m, and IBM allegedly spent £25.7m on third parties and internal staff costs
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NewsHiscox to capital raise via share placement
The insurer could raise £400m based on its share price at close
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News AnalysisBI coronavirus payouts could spell commission clawback worry for brokers
Some obstacles brokers face as they navigate the Covid-19 crisis could have a detrimental effect on their survival
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NewsSJL Insurance warns of cyber-attack risks for home working sole traders and businesses
Businesses could face financial implications if they do not prepare
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NewsHiscox predicts £10m to £250m BI coronavirus hit and launches share placing
It recognises that this is an extremely difficult time for businesses and it is determined to provide greater certainty for its customers
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NewsERS adds former Ageas UK chief exec to board
He has 30 years of industry experience including having worked at Bollington, Carole Nash and AXA
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NewsAIG reveals new ‘largest ever’ Lloyd’s Syndicate 2019
It will allow AIG to continue its strategy for optimising its general insurance portfolio
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NewsHiscox Action Group and Night Time Industries Association join forces
The two hope to pool resources and share information as they seek a pay out from Hiscox
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NewsPremier League clubs facing insurance premium hike
Social distancing guidelines has meant sports cannot go ahead
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NewsAnimal Friends Insurance partners with Aviva
The partnership offers a digital solution for policyholders needing professional advice from a vet for their pets
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NewsNGO coalition call on insurers for ‘green and fair recovery’ from Covid-19
NGOs are concerned the insurance industry risks repeating the mistakes it made when it identified pandemic danger
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NewsNDML and NTIA call on chancellor to release Pool Re funds
They have penned an open letter to Rishi Sunak
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IT InterviewLoadsure reveals spot freight market plans after £1.1m funding
The spot freight market has a complex value chain, and operating in a time-critical environment can be expensive for the broker, this insurtech MGA hopes to change that
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NewsEcclesiastical reveals broker social media guide amid Covid-19 lockdown
It aims to help brokers stay connected with customers during the pandemic
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NewsDentists threaten to sue insurers after being denied insurance payout
One in five dentists estimate that they will only be able to last one month without financial assistance
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News AnalysisChancellor unveils £1.25bn startup package – but will it be enough to uphold insurtechs?
During the last budget it seemed that insurtechs were left out of the equation for financial protection from government, but its new loan scheme could solve this dilemma
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NewsCinema chain denied insurance payout from AXA amid Covid-19
It has left the cinema with almost no income and 196 staff on furlough, but Covid-19 was not on the list for named diseases in the policy extension
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NewsHiscox Action Group appoints London law firm for BI claims battle
The group now includes 200 members
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NewsBe Wiser and Worry+Peace strike review platform deal
The broker will pilot the feedback strategy, inviting people to review parts of the customer journey
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NewsHiscox expecting to pay net claims up to $150m
It has substantial catastrophe reinsurance in place and is actively settling claims
