Commercial Lines related articles – Page 81
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NewsSupreme Court holds insurer liable for bar patron death
Judges find that exclusion within public liability policy does not apply to Aberdeen case
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News AnalysisD&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel
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NewsDigital demand could displace £8.3bn of UK premiums by 2025
Despite the global recession, the UK insurance industry could grow from £274bn in early 2020 to approximately £298bn by the end of 2025
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FeaturesJessie Burrows: ‘In a fast-changing world, doing nothing is a very dangerous strategy’
Embracing self-serve in the insurance industry will be essential moving forward
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NewsGovernments must be ‘the leading players’ in insuring BI risk
Governments and insurers ‘must work together’ to close the protection gap, says insurance think tank
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IT InterviewInsurance2025: Insurance Industry Keynotes, 2021
Broker and insurers that work well together will succeed in innovation around risk, says insurer GI chief executive
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FeaturesBriefing: Firms must show consistency to rebuild client trust
As the industry emerges from the tangle of policy wordings unraveled during the FCA’s business interruption action, the case for consistency from insurance businesses has never been clearer
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IT Interview‘Choosy’ capacity post-Covid could hit MGA consolidation
However, having capacity to back up specialist schemes could provide ‘one more bite of the cherry’ says broker chair
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IT InterviewPhil Barton: Industry has become ‘incredibly lazy’ in providing advice
The future of commercial broking relies upon moving away from ‘a transactional approach’ to instead embrace partnerships and a clearer client focus
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IT InterviewStephen Catlin: There’s ‘more pain to be suffered’ as market remains in Covid-driven ‘turmoil’
The direct market is assuming control from reinsurers to steer pricing corrections, while the ‘far-reaching financial consequences’ of the pandemic are yet to be fully understood by the industry, says (re)insurance chief executive
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NewsMacbeth buys Buckinghamshire-based broker
The deal marks the firm’s second acquisition in 18 months
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NewsClose Brothers Premium Finance urges brokers to ‘change gear’
Brokers ’need to change gear and do their bit to bring about a full recovery in 2021’, says financial services organisation
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NewsGuy Carpenter appoints former Swiss Re director as MD and co-head of cyber
The newly created role demonstrates the broker’s ambition to strengthen its market position in this line of business
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NewsLack of insurance solution causes yet another music festival to cancel
The absence of a state-backed insurance scheme has left organisers in a ‘tricky position’
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NewsArdonagh and Beazley team up for new cross class follow capacity solution
Broker chief executive says the deal is an ‘endorsement’ of the firm’s ‘data-powered strategy’
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NewsBrokers need better access to underwriters to tackle market challenges
Broker chief exec says the industry has ‘seen the best and the worst in the market over the past 12 months’
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FeaturesBriefing: Intangible asset underinsurance offers post-pandemic opportunity
The Covid-19 spotlight has illuminated the protection gap around intangible assets – this is a wake-up call the sector can’t ignore
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News AnalysisGovernment must take leap of faith to mend ‘gaping hole’ in cover for live events
Industry figures beg the government to seriously consider state-backed insurance scheme as the commercial insurance market for events cancellation is ‘unlikely’ to mobilise until 2022
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NewsZego partners with grocery delivery startup on commercial e-bike fleet
With the pandemic seeing an increase in grocery deliveries, the partnership aims to provide flexibility for e-bike fleets
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NewsInsurers have paid £600m in interim and final BI claims payments
Around 13,670 BI policyholders out of the 35,438 who have had claims accepted have received at least an interim payment
