All articles by Clare Ruel – Page 117
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NewsLV= temporarily suspends sale of all travel insurance amid coronavirus outbreak
Existing customers are not affected
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NewsSignificant number of Alpha policyholders still untraced, admits FSCS
Hunt is on for remainder of collapsed unrated insurer’s policyholders
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NewsXL Catlin’s former-executive vice president joins Worry+Peace advisory board
He was also a partner at Coopers & Lybrand (now part of PwC) where he focused on Lloyd’s of London and the London insurance market having begun his career as an actuary
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NewsHigh-profile data breaches pushes cyber insurance up agenda
More needs to be done by large corporates to ensure that client and customer data is protected
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NewsGuy Carpenter partners with Charles Taylor InsureTech on future proofing proposition
It will mean greater operational efficiencies and cost savings for Guy Carpenter
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NewsInsurers and fleet operators offered supply chain continuity support amid coronavirus outbreak
It has access to 3 million quality tested, warranty assured reclaimed parts to support the vehicle repair market
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NewsFSCS steps in to protect solicitors amid collapse of insurer
The insurer has been under administration since March 2018
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NewsSmaller investments and new technologies continuing to drive M&A
As insurers prepare for post-Brexit operations law firm Clyde and Co notices some trends in deals in the UK and Europe
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News AnalysisDirect Line aims to reduce expense ratio amid business transformation
Despite a challenging motor market post-Ogden the insurer is pushing forward with digital transformation and is “well prepared” for Coronavirus claims
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NewsAdmiral’s ‘profit over growth’ strategy triumphs in cyclical car insurance market
A return to normal levels of damage inflation suggests better times ahead for some motor insurers
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NewsFlybe set to collapse due to Coronavirus fallout
The airline has been facing ongoing problems for many months, but the Coronavirus outbreak in Europe has seen ticket sales plunge
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NewsCoronavirus: will ‘notifiable disease’ status be a game-changer for insurance?
Being a notifiable disease means cases have to be reported to the relevant authorities by law
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NewsCatalytic converter theft on rise as rhodium prices soar
Theives are exploiting a loophole in the law that called on dealers to run checks on where the metals had come from
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Markets & RisksInsurercore – a dating agency for brokers and insurers
As the market hardens and capacity tightens it is becoming increasingly difficult for brokers to find the cover or technological solutions they need to suit their clients, but could an innovative searchable online directory hold the answer to this industry dilemma?
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NewsPersonal injury solicitor struck off after favouring CMCs over clients
The culprit made multiple breaches and failed to act when concerns were raised by third party insurers and the Motor Insurers Bureau
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News AnalysisProposed premium finance commission rules – what does it mean for brokers?
An update to premium finance commission rules means brokers may have to disclose the amount of commission they are charging
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NewsKennedys launches tool aimed at allowing insurance clients to self-serve claims
The new platform could save insurers and brokers time and money when getting legal advice as well as recovering written-off costs and helping underwrite future risk
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NewsOpen Insurance – the initiative that could change the market
In an industry with so many players, open insurance could make data sharing slicker and improve customer retention by increasing trust, but some fear it could be a direct threat to brokers
