All articles by Clare Ruel – Page 80
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News‘Risk exposure changes’ driven by changing Covid-19 lockdown measures – IFoA
The Institute and Faculty of Actuaries (IFoA) has highlighted a further challenge for general insurance pricing - how ongoing lockdowns should be considered within risk rates going forward
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FeaturesIn Focus: How will insurers take the BI test case ruling forward post-pandemic?
Industry experts debate how insurers might apply the FCA’s business interruption (BI) test case ruling in a post-pandemic era, as July marks one year since the High Court’s virtual hearing
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NewsBrits believe insurance sector didn't offer enough pandemic support – Guidewire
Guidewire’s MD for EMEA says insurers have experienced a ‘rough journey’ during the pandemic, however ’the opportunities to remedy indifference, even negativity among customers, are very achievable’
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NewsIndustry braces for claims as catalytic converter thefts surge by over 100%
The AA’s president says ’modern cat burglars stealing and selling cats for cash are part of a criminal chain’ following the insurer experiencing a rise back in April
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NewsThree taxi drivers convicted of fraud by misrepresentation
ERS’s claims manager said the case demonstrated ’an act of wilful deception’, which is why the insurer felt it ’had no choice but to pursue a criminal prosecution’
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NewsUK tech sector reaches 100th unicorn milestone following Tractable valuation
The UK now has more tech unicorns than Germany, France and the Netherlands combined - MP Oliver Dowden says this ’cements the UK as one of the world’s top tech hubs’
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NewsDavies Group inks deal to buy property claims firm to expand North American reach
The firm will bring a ’wealth of knowledge’ to Davies according to group chief executive
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NewsLloyd’s of London secures £650m five-year cover for Central Fund
With the backing of eight reinsurers, the cover will act as a ’significant buffer’ against adverse solvency
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FeaturesIn Focus: Broker litigation ‘inevitable’ one year on from FCA’s BI test case
Brokers are ’still squeaky about whether they advised their customers correctly about the products they were buying’
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NewsTractable becomes UK’s first computer vision unicorn amid $50m investment
The insurtech’s revenue has grown 600% in the past 24 months
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NewsFlock partners with Asia’s largest insurer to reinvent commercial fleet insurance
The insurtech’s chief executive says insurers of the future ‘won’t simply pay claims’, they will actively reduce risk
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NewsSSP names new chief executive
The new recruit has 15 years of experience in the insurance industry and has previously worked at A-Plan and Comparethemarket
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NewsFlooding is ‘greatest natural disaster’ risk in UK – Flood Re and ABI
In a joint report, the ABI and Flood Re underline the importance of maintaining flood defences
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NewsLaw firm advises Howden Group amid Parhelion launch
The law firm’s head of global insurance says ESG and business success are ‘inextricably linked’
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IT InterviewRussell Corbould-Warren: The ex-Uber boss reinventing insurance for independent workers
The former Uber boss, who joined Collective Benefits earlier this year, tells Insurance Times his plans for tackling the growing protection gap created by the emergence of the gig economy
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NewsPeach Pi and insurtech join forces for bespoke freelancer and micro SME cover
The insurtech approached Peach Pi about the solution as the niche insurer has a ’real understanding’ of the health and wellbeing sector
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NewsConstruction and manufacturing sectors among top users of credit to cover insurance costs – Premium Credit
The firm’s chief sales and marketing officer says commercial insurance prices have been ’rising dramatically’
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NewsDavies Group buys contact centre consultancy amid North American expansion
Davies Group chief executive says diversifying its solutions and expanding operations across North America is an ’important plank’ to its growth strategy
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NewsAston Lark Ireland makes another acquisition
This marks Aston Lark Ireland’s fourth acquisition in 2021
