Commercial Lines related articles – Page 78
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FeaturesFraudsters unafraid to ‘exploit hard times’ for insurance scams
Insurance industry needs more time to understand the ‘ripple effects’ of recession-induced fraud
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FeaturesBriefing: Brokers’ purse strings threatened by PI cover costs
The FCA’s test case has contributed to broker PI being ‘in a very, very difficult position’ says network MD, as Covid exclusions also cause costs to escalate
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NewsCPP Group UK inks three-year cyber contract with Partners&
The SME market is a key growth area for cyber, but existing products are ’unnecessarily complex and unsuitable’
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NewsFormer AXA XL duo to launch speciality insurance cell
The new Guernsey-based business aims to ‘take advantage of current market conditions’
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NewsGuidewire backs draft Online Safety Bill extension to include financial scams
Guidewire’s chief innovation officer says that cumulatively, financial scams risk the reputation of the industry
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News AnalysisSoaring professional indemnity insurance pricing and low trust creates ‘perfect storm’
An expert panel at Biba’s conference last month discusses the current state of the professional indemnity insurance market
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NewsAviva sued for alleged loss of income after Covid office closure
The law firm claims that Aviva owes them money for loss of income due to the Covid-19 pandemic
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NewsHowden launches ESG-focused insurer
The new business, which plans to begin underwriting from 1 January 2022, indicates ‘a step towards facilitating long-term industry change’ around resilience
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NewsDrone broker gears up for international growth after securing £1m funding
The company will continue to develop its products for new drone applications
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NewsGovernment committee proposes time limited insurance scheme to prevent live event ‘lost summer’
DCMS committee says ‘the government must act now’ as there is ‘no more room for excuses’
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NewsCNA Hardy allegedly paid $40m to ransomware attackers
The firm said in a statement that the investigation is ongoing, but it has shared some information regarding the ransomware attack in March
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NewsPen Underwriting appoints head of D&O in newly created role
The hire brings 35 years of experience and ‘D&O firepower’ to the new position
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NewsTemporary trade credit reinsurance scheme to close
Outgoing ABI director general says the scheme is an ‘excellent example’ of how the government and the insurance industry can work together
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NewsBroker Insights eyes North American expansion as revenue doubles
Broker Insights’s chief executive and co-founder says the insurance sector has seen the benefits of engaging digitally during the pandemic
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NewsClaims Excellence Awards finalist 2021 Q&A: Arbitrate’s AI tool helped insurers reduce their settlement time by 15%
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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NewsClaims Excellence Awards finalist 2021 Q&A: NPAI team responded ’dynamically’ to pandemic perils
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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NewsFOS annual data reveals spike in insurance complaints
The FOS believes that rather than relying on systems and processes, more personalised communications is the best way to tackle customer issues
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FeaturesBriefing: Faltering RSA can take inspiration from Zurich on broker service
RSA came bottom across all of Insurance Times’s broker service surveys. Where does it go from here?
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NewsBiba renews contract with professional indemnity broker
Biba’s head of technical services noted the ’challenging market conditions’ the sector is experiencing around professional indemnity
