All articles by Clare Ruel – Page 71
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AllClear Travel Insurance buys Mapfre’s InsureandGo amid plans for ‘significant growth’
Meanwhile, Mapfre wants to focus on ’other ventures’ across other international markets
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Mission Impossible film studio sues insurer over Covid payout
The film company’s insurer is reportedly covering losses arising from one out of seven production delays or stoppages
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Brokers navigate commercial hard market and capacity issues using collaboration – Aviva
Aviva’s chief distribution officer says ’being close to the regional broking market is key’ to what the insurer does
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Touring caravan insurance queries up by 25% as staycations soar
More than half of caravanners surveyed said the coronavirus travel restrictions made them more aware of their environmental footprint
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Howden hires former WTW director for senior corporate clients role
The broker’s group chief executive says the firm is in a ’powerful global position’ due to developing the breadth and depth of its specialisms
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EasyJet hires former RSA boss Hester
Hester described himself as a ’long-standing admirer’ of the airline
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LV= committed to working with customers ahead of FCA’s fair value deadline
LV= Broker’s distribution and underwriting director says ’there’s likely to be quite a high level of disruption to market pricing and propositions’ following the implementation of the FCA’s pricing reform changes
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Tesla Insurance could be worth more than Aviva
Elon Musk’s electronic vehicle firm saw sales topping £1.14bn last year in Britain
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More strategic cooperation between automotive insurers and supply chain needed – Sedgwick
Sector collaboration is vital as ’dealers and car distributors may lack the expertise to handle complex issues around electronics, telematics and sensors’, says loss adjusting firm
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Rugby legend opens Romero Insurance Brokers’ seventh UK office
Romero has also recruited 10 graduates for its new trainee programme
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65% of brokers believe prolonged homeworking has had negative impact – Aviva
In particular, 72% of regional brokers felt that prolonged homeworking had a negative impact on wellbeing
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Technology is a deal catalyst and barrier for M&A – Clyde and Co
The law firm stressed that ’insurtechs are now in the position of being both attractive as assets as well as potential acquirors’
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UK leads the way for M&A – Clyde and Co
Global law firm says that despite the challenges of the last 18 months ’the insurance industry has responded well’
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ABI reveals code of practice for child sexual abuse claims
The trade association has responded to the 2019 report from the Independent Inquiry into Child Sexual Abuse
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New EU speed limiter tech could hit UK car insurance prices
Insurance premiums ’could be reduced’ if new technology succeeds in cutting down the amount of accidents on UK roads, says aggregator Confused
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BI insurance claims payouts nearing £1bn but ‘it should have been more’
According to the FCA, 15,400 policyholders with BI claims approved are still waiting for business interruption payouts
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Lloyd’s syndicate Ki hires new chief technology officer
Ki’s chief executive says the syndicate is adopting a ‘technology-first’ approach to underwriting
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Clearer e-scooter rules needed for insurance policy development – More Than
More Than is ready to work alongside the ABI and government to further understand options for a legislative framework around e-scooters
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Covid-19 drives underwriting losses of £2bn for Lloyd’s market – Insurance DataLab
’Financial pressures will continue to affect businesses’ as the world’s economies emerge from the pandemic, according to Insurance DataLab’s Matt Scott