All articles by Katie Scott – Page 50
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News
FCA issues public censure over Aviva’s preference share miscommunication
The insurer acknowledges that the event was a ‘disappointing episode’, but that ‘lessons have been learned’
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News
Undetected fraud amounts to £500m predicts Pact Global
The firm’s research reveals that 59% of respondents would commit fraud because they think they can get away with it
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News
Credit Hire Organisation chair Kirsty McKno steps down
Moving forward, the trade association will be managed by a strategic board, formed of senior executives from member companies
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News
Aston Lark buys Birmingham-based commercial broker
The purchase fits with Aston Lark’s ambition to expand its reach in the Midlands
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News
PIB Group and Ageas agree £40m deal for tenant risk scheme
The five-year partnership will see Ageas underwrite the scheme from 1 November
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Features
UK Motor Focus: Should the government remove IPT for young drivers using telematics policies?
Following the House of Commons’ Transport Select Committee’s inquiry into the reasons why young drivers are at a higher risk of being involved in road traffic collisions, industry professionals share their views on one of the main solutions proposed to the government
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IT Interview
‘Momentous trends’ set to ‘influence the market’ for telematics says The Floow chief exec
Autonomous vehicles, in-built car sensors and a changing perception of vehicle ownership will see the telematics insurance market evolve says insurtech boss
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IT Interview
‘The insurable world will continue to grow’ says Gallagher Bassett’s UK chief client officer
With an increase in employment liability claims and potential insolvencies, Covid-19 is still impacting the claims landscape in a myriad of ways
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IT Interview
DLG makes ‘bold statement’ by adopting app-only telematics product says The Floow boss
Insurtech founder and chief executive says integrating telematics with smartphones produces a ‘very, very powerful predictor of claim propensity’
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News Analysis
Wide area damage principle is ‘question on everybody’s lips’ for quantifying BI claims
Following the High Court’s ruling in September on the FCA’s business interruption test case, Insurance Times explores some of the key areas that could impact on quantifying these coronavirus-related claims
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News
MGA Dual to deploy its own underwriting capital
Hyperion Insurance Group chief executive David Howden described the move as ‘a game-changing moment’
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News
Compensation Recovery Unit recorded 105,000 motor injury claims in Q3
This shows a 38% drop in the level of motor injury claims compared to July to September last year
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News
Insurers ‘deeply reviewing’ wordings as a result of ‘hot topic’ test case ruling
Gallagher Bassett’s chief client officer in the UK discusses some of the fallout following the FCA’s test case judgment
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News
AXA UK and Ireland confirms new chief exec for UK retail arm
The new hire will replace Laurent Matras, who is moving to AXA Asia
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Features
UK Motor Focus: Automated lane keeping tech could cause insurers’ claims costs to spiral
With the liability for autonomous vehicles placed at the doorstep of insurers, Insurance Times explores how the recent government consultation on automated lane keeping technology could prove to be a headache for insurers amid a growing list of safety concerns
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News
QBE International’s chief underwriting officer to retire
O’Farrell will adopt a part-time role during the transition period, which will begin on 1 January 2021
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IT Interview
‘Time is ripe’ for technology transformation says Kingfisher
The broker’s group director of transformation tells Insurance Times about its newest technology partnership and how the business plans to revamp back office functionality to support both staff and customers
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News Analysis
Court of Appeal ruling could have insurers revisiting their reserving for personal injury claims
Although the court may have rectified a ‘clear injustice for many disabled claimants’, the insurance industry will now have to pick up the price tag for additional accommodation costs in serious personal injury cases
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IT Interview
Industry-wide focus on inclusion ‘does tell a different story about our sector’ says ABI’s Evans
Following the business interruption insurance backlash surrounding the FCA’s test case, the ABI’s director general believes the sector’s recent focus on diversity, inclusion and mental health can help mitigate insurers’ reputational damage
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News
Opportunity for specific Covid-19 cover as SMEs fear business losses says data analytics firm
Commercial insurers may be affected as business owners could have a reduced budget for insurance if they are struggling for custom amid coronavirus recession