Commercial Lines related articles – Page 65
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AnalysisHospitality group BI judgment could signal ‘flood of further cases’ ahead
Insurers could still face ‘potentially significant’ claims exposure around BI policy interpretations, despite intention of test case judgments
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NewsReich Insurance named in Parliament as MPs call for FCA regulation on commission fees
It follows the broker being hit with a forced commission disclosure order
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AnalysisInsurance sector rallies around Ukraine
Insurance Times rounds up how the UK insurance industry has responded so far to the ongoing conflict
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NewsMiller seals acquisition deal with French sports broker
The transaction aims to enhance the firms’ product offering and overall distribution, growing its combined share of the European football market
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IT Interview‘Doing what we say we will do’ leads Covéa Insurance to five star rating in 2022’s commercial lines report
Brokers have a ‘right to expect’ promises to be delivered, says commercial operations and distribution director
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NewsParametric ‘ugly duckling’ could become sector’s ‘future’
Industry’s data may transform parametric insurance from ‘science fiction’ to broad, multi-line reality
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NewsInigo’s GWP hits $411m in first year of trading
Despite 2021 being the ’fourth most costly natural catastrophe year on record,’ its chief executive is confident of Inigo being profitable
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NewsTribunal hits Reich Insurance with forced commission disclosure order
The order follows FCA warnings on the need for ‘fairness and transparency’ around broker fees and commissions
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NewsJMG Group buys East Midlands broker to continue expansion
The broker group plans to double in size over the next year
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IT InterviewQ&A: Aviva wants to ‘stretch the boundaries of what digital trading can offer’
Insurance Times’ head of research Savan Shah speaks to David Hockey, head of SME commercial trading at Aviva, about the insurer’s latest developments on its etrading platform
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AnalysisAviva recaptures commercial line five star rating following broker engagement drive
The insurer has pursued ‘rigorous engagement’ with brokers in an effort to be ‘visible and engaged’ during the Covid-19 pandemic
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IT InterviewMarkel UK attributes four star report rating to sustainability focus
The insurer has also sought to ensure that Covid-19 has not been ‘an excuse not to pay’ claims, says divisional director
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NewsAxa UK scoops ex-Aviva veteran as new director of retail direct
He has worked for Aviva for 17 years, and played a pivotal role in the conception of Quotemehappy
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AnalysisBriefing: Industry’s appetite proves it needs to improve its menu
Insurers’ lack of appetite for cyber and climate-related risks will see industry’s relevance nosedive in the eyes of customers
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AnalysisCyber terror exposure fears at the heart of insurers’ reluctance to broaden cover
Wars now have the potential to be fought both online and offline. Insurance Times explores the industry’s appetite to cover terrorism or nation state cyber warfare risks
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NewsAviva and Zego ink multiyear fleet insurance deal
The insurtech believes that usage-based insurance is the future
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AnalysisOpinion: Insurers still drowning in BI claims backlog
One year on from the FCA’s first publication of BI claims payment data, editor Katie Scott reviews the industry’s progress to date
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NewsRevealed: Two insurers awarded five stars in Insurance Times’ 2022 commercial lines report
The results from Insurance Times’ Five Star Rating Report: Commercial Lines 2022 are in and two insurers have achieved a five star rating
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NewsERS premiums and COR hit by Covid-19
Underwriter confident of disciplined underwriting strategy despite results dip
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NewsTrade credit insurers pull back from Russia and Ukraine
Some trade credit insurers will be adjusting their underwriting strategy
