All articles by Katie Scott – Page 61
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News
Markerstudy to make 478 staff redundant due to financial impact of Covid-19
The company has already furloughed more than 1,000 employees, as well as asked staff to take a 20% pay cut and give up sick pay
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Features
Risk management is ‘core’ to insurer propositions that improve client relationships
Insurers and brokers are turning to risk management and mitigation to bolster relationships and offer a service differentiator – but does this lead to competition or collaboration?
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News
Broker labels FCA test case as potentially ‘dangerous’ and ‘bizarre’
But MGA boss applauds the FCA’s intervention for accelerating ‘a process that might otherwise have taken months or years’
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FCA confirms it will investigate 16 insurers’ policy wordings at BI test case
Hiscox, Axa and MS Amlin are among the named insurers that will have its policy wordings reviewed
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Gallagher launches new bloodstock, livestock and aquaculture practice
The team has joined from Willis Towers Watson
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News
Law firm considers launching group action cases against eight insurers for rejected BI claims
Michelmores has firms such as Aviva, Hiscox, RSA and QBE within its cross hairs
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News
Allianz’s Jon Dye joins Pandemic Re Steering Committee
The group today announces six new working groups and a project committee
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FCA publishes guidance for insurers and brokers handling BI claims during test case
Firms will be required to review all relevant claims and complaints for test case judgement implications
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News
Covea faces coronavirus exposure on nursery scheme with PIB Group broker
Nursery owners can potentially claim under the policy’s loss of revenue section
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Real-time data and technology is key for staying on top of climate change risks
Declining postcodes is too generic when insuring flood risks says LexisNexis Risk Solutions
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News
Ageas to provide capacity for Victor Insurance UK
The five-year agreement will support writing £60m GWP
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Features
The Briefing - Insurtech: How can insurtechs support insurers and brokers throughout the Covid-19 pandemic?
As insurers and brokers remain working from home in light of the coronavirus crisis, insurtechs could be key in supporting and improving digital ways of working
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News
Credit rating agency says insurers’ credit quality could be affected by BI court cases
The firm’s latest report stressed ‘the impact of potential liability exposure, particularly in relation to event cancellation and BI claims’ linked to the coronavirus pandemic
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News
Insurance sector 'takes no pleasure' in declining Covid-related BI claims, insists ABI
In an open letter to SME signatories, the ABI director general says state support is the only way to make pandemic insurance affordable for small businesses
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IT Interview
Industry set to grow post Covid-19 due to ‘greater appreciation’ of insurance
Following the worst of the Covid-19 pandemic, commercial and financial technology firm FIS believes insurers could see a “natural growth” in their business if they respond to consumer demands for more mainstream pandemic coverage.
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IT Interview
‘Our relationship with insurers is very strong’ says Copart UK boss
Insurers initially turned to salvage as a solution when body shops and repairers struggled to secure parts amid Covid-19 pandemic
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News
Covid-19 is ‘kick ass call to action’ for insurers to move away from traditional working patterns
The Covid-19 pandemic and associated lockdown regime is a “kick ass call to action” for insurance companies to reinvigorate working patterns to adapt to “new social norms” once offices re-open.
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News
Law firm launches group action against Hiscox and RSA for rejected Covid-19 BI claims
Specialist insurance law firm Edwin Coe has launched two new group claims against insurers Hiscox and RSA regarding rejected business interruption (BI) claims linked to the ongoing Covid-19 pandemic.
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News
Beer and pub trade bodies slam ‘collective failure of insurers’ during Covid-19 crisis
Four trade associations pen open letter to the ABI in order to obtain a meeting with insurer bosses
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News
Clear Insurance Management makes two new board appointments
Independent broker Clear Insurance Management has made two new additions to its board, appointing Tim Money as its chief financial officer and Nick Gallimore as group operations director, subject to FCA approval.