All articles by Clare Ruel – Page 76
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NewsSlug and Lettuce owner sues three insurers for £846m over covid business interruption losses
The pub group was forced to close all 760 of its pubs, bars and restaurants
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NewsPool Re warns of ‘potential terrorist threat’ to retail and hospitality sectors as lockdown lifts
The government is considering new legislation called a ‘protect duty’ that puts greater responsibility on business owners and operators
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NewsAston Lark shows ‘strong resilience’ in 2020 financial results
The broker also has a goal to create the UK’s best broker following a spree of acquisitions
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NewsLockdown lifting set to spark crash for cash induced collisions – Ageas
The insurer’s claims director says that as lockdown has made it harder for these scams to occur, there could be a spike when restrictions lift
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NewsBroadway Insurance Brokers warns holiday makers against ‘amber gambling’ with travel insurance policies
Broadway Insurance Broker’s director of private clients says this is the next phase of the fallout following business interruption claims
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News‘More mea culpas for insurers’ expected after FCA fines Lloyd’s Bank General Insurance £90m
Insurance software firm believes ’insurers have been lazy in their efforts to build loyalty and improve retention rates’ and that an ’altogether new approach to customer loyalty is needed
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FeaturesSupercede – the marathon running duo with an appetite for risk
Two co-founders of Supercede tell Insurance Times their plans after recently receiving a £2m investment and how training for a marathon led to the creation of a global all-in-one reinsurance platform
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NewsCollective Benefits raises £6m to further expand across Europe
Anthony Beilin, Collective Benefits’ co-founder and chief executive, sees the investment as a ’major vote of confidence’
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NewsHiscox pays out more than £5.2m of Covid BI claims following specialist broker settlement
More claims are yet to be finalised, but policyholders include British nightclubs and other live event music venues
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NewsNine out of 10 brokers believe specialising offers competitive advantage over rivals – Ecclesiastical
Around 84% of brokers think being a specialist makes them more profitable
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NewsLloyd’s Europe set to complete leadership team with new appointments
Lloyd’s of London boss John Neal says that with these appointments in place at Lloyd’s Europe, the market has the leadership it needs ’to oversee and deliver the right solutions’
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NewsLondon named as UK’s car theft claims hotspot – Co-op Insurance
Lambeth topped the list in London, with Kensington and Chelsea coming in second
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NewsZego teams up with energy giant for EV service offering
The partnership aims to increase the use of electric vehicles in the ride-hail sector
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NewsAston Lark buys specialist golf broker
The deal marks Aston Lark’s second acquisition this month
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NewsAdmiral Group predicts higher than expected pre-tax profits for H1 2021
Admiral hopes to return £400m to its shareholders via special dividends following the sale of Penguin Portals completing in April
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NewsHigh-profile sporting events put risks ‘under health and safety spotlight’ for brokers – FOIL
Players slipping at high-profile sporting events, such as Wimbledon, is ‘not new’ - the grass courts are known to be an ’unpredictable factor’
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NewsInsurers brace for claims as spike in e-scooter accidents reported
Admiral believes current reported e-scooter accident numbers are the ’tip of the iceberg ’
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NewsCoincover set to grow after $9.2m funding boost
The firm plans to provide ’a fundamental building block for a rapidly maturing market’
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NewsCII backs regulators’ plans to overhaul diversity and inclusion in financial services
The regulators’ discussion paper is open until 30 September 2021 - any feedback and data received will be used to develop detailed proposals around D&I
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NewsIFED cracks down on insurance ghost broking with seven arrests
The IFB’s head of intelligence and investigations said ghost brokers ’are not afraid to take advantage of the financial hardship so many drivers are facing right now’
