Commercial Lines articles – Page 69
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News AnalysisRansomware surge could see cyber become next Covid-related crisis
Cyber-linked business interruption cover ’should be viewed as vital’ as research confirms that 17% of UK businesses have experienced more cyber attacks since Covid-introduced homeworking measures
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NewsTasker Insurance Group buys independent commercial broker
The acquisition plans to bolster Tasker’s mid corporate capability and PI expertise in the North West
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NewsRegulatory bodies hit financial services D&Os with fines in the millions – BLM
A lack of cover for regulatory fines creates ‘a double-edged sword’ for company directors and officers
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NewsMarkel UK and Cytora partnership set to accelerate profitable growth
The insurer aims to become a ’digitally enabled insurance company’
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NewsGlobal commercial insurance prices increased by 15% in Q2 – Marsh
Despite continued pressure on pricing, ’the general trend of moderating price increases’ will ’continue through the rest of the year’, says Marsh president
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NewsA-Plan gunning to be a UK top 10 commercial broker
The business aims to double the size of its commercial book over the next three years
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NewsSmall businesses see 50% hike in insurance spending – Dext
The increase has been driven by the Covid-19 pandemic
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News AnalysisBreakingbury v Croad judgment could spark negligence claims increase
CFC’s Chris Comerford tells Insurance Times why he believes this judgment might open the doors to vicarious liability claims becoming commonplace as the CQC cracks down on insurance checks
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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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FeaturesCovid-19 creates tangible opportunities for intellectual property insurance
The pandemic has led to an ‘opportunity for brokers to work with clients to protect their intangible assets, which increasingly are at the heart of [a] company’s worth’
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FeaturesCovid-19 set to make future Olympic cover a non-runner
As athletes arrive in Tokyo for the summer Olympic Games, the postponement of the event for 12 months has already cost the insurance industry dear
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IT InterviewMGA Q&A: MPR Underwriting ‘emboldened to do more’ following 2020’s five star survey result
Karen Williams, underwriting development manager at MPR Underwriting, speaks to Insurance Times’s Savan Shah on new developments for the broker community, the challenges that lie ahead for MGAs and achieving five stars from brokers in last year’s MGA survey
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NewsOneglobal scoops Price Forbes’ Alistair Fox to lead new special risks team
The unit aims to go beyond the standard approach to political, security and terrorist attack risks
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FeaturesBriefing: Time is running out for summer festivals seeking Covid inclusive event cancellation cover
A new report by the Public Accounts Committee recognises that festivals are facing a ‘survival threat’ without adequate insurance for Covid-linked event cancellation
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IT InterviewNew director spearheads general commercial business at wheels broker McCarron Coates
Kennett Insurance Brokers’s former managing director joins Ian McCarron and Paul Coates to form ‘the three musketeers’ of commercial broking
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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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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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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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NewsInsurance sector could fork out up to $3bn for Tokyo Olympics cancellation
The International Olympic Committee is pushing ahead for the games to be conducted safely
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NewsAXA France offers €300m BI settlement to 15,000 restaurant clients
Settlement offers are expected to be available between 21 June and 20 September 2021
