All articles by Katie Scott – Page 45
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NewsData sharing needs to improve for London Market to lead in cyber insurance
A panel of industry experts highlight why London is the natural “hub” for cyber insurance provision and what the market needs to do to lead from the front in this product line
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NewsAviva to sell entire Vietnam shareholding
The move adheres to Aviva’s strategy to focus on its UK, Ireland and Canada markets
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NewsFCA launches consultation to determine how to prove Covid-19 presence for BI claims
The regulator wishes to be prepared should the Supreme Court agree with the High Court’s judgment
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NewsAdmiral confirms Stevens retirement for 31 December
The chief executive has handed over his duties to Milena Mondini de Focatiis
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NewsBrit appoints new group chief financial officer from RSA Scandinavia
The new hire will start in May 2021
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NewsBroker-led campaign urges government to underwrite a Covid-19 contingency insurance product
The ‘Let Live Thrive’ initiative is seeking an insurance solution to enable live events to take place again next year
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FeaturesIn Focus: What changes are independent brokers planning to make to their services in 2021?
This year has certainly been a year of change for the insurance industry, thanks to the Covid-19 pandemic, the impending Brexit deadline and regulatory intervention. But how are independent brokers tweaking their service propositions in order to survive and stand out as we enter 2021? Insurance Times asks industry leaders ...
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FeaturesBriefing: An industry perspective – stop hiding behind the numbers
The insurance industry’s people-centric core is well hidden, yet this could be the key to patching up the sector’s reputation
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NewsWhether or not an insured intends to rebuild fire damaged property should have no impact on reinstatement payouts – Fenchurch Law
A Court of Appeal case last year leveraged previous case law to decide that an insured’s intentions surrounding a property damaged by fire has no bearing on a claim payout based on reinstatement
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NewsBiba launches young broker committee
The committee will play an active role in advising Biba’s board, aligning with the trade body’s diversity and inclusion goals
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NewsFCA ‘still worried about’ poor behaviour by claims management companies
Industry experts notice a more aggressive approach from CMCs, including cold calling, but the FCA confirms it is looking to stamp out bad habits in this section of the insurance market
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NewsMore should be done to 'incentivise' safer driving, says young people insurer Carrot
The telematics provider aims to take ‘a leading position’ as the ‘champion for young drivers’ by speaking up as part of a government inquiry exploring why young drivers are at a higher risk of being involved in road traffic collisions
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NewsBe Wiser revamps board to bring in senior hires from Endsleigh and Travelers
Broker chief executive says the reshuffle is the ‘significant next step’ for the company’s growth
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NewsZurich and Plum Underwriting forge £150m capacity deal for non-standard home products
The insurer is replacing current capacity from Lloyd’s
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NewsGRP appoints chief underwriting officer for its underwriting division
The job role will see the new hire develop GRP’s digital capabilities and build long-term relationships with insurer partners
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IT InterviewContingent BI fallout presents opportunities for new products – Swiss Re
Property and casualty market head says this could be ‘a very valuable product’ moving forward
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NewsAviva announces new chief executive of international position
The new hire, starting in January, will have responsibility for Aviva’s international businesses in Europe and Asia
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NewsABI urges government to continue pressing EU for action around Green Card free zone decision
The trade association believes the ‘best outcome for customers, road hauliers and insurers continues to be for the UK to be part of the Green Card free circulation zone’
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NewsMore than 50% of brokers have experienced a mental health issue in the last 12 months
Heavy workloads and dealing with regulation are flagged as two key causes of broker stress
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NewsCarrot plans to broaden offering to include low mileage products
Telematic business MD says there is greater consumer interest in low mileage insurance products following a drop-off in commuting since the onset of the Covid-19 pandemic
