All articles by Katie Scott – Page 67
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NewsVietnamese airline offers own travel insurance covering coronavirus
The organisation said it wanted to provide ‘humane values’ and ‘assurance’ to its customers
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NewsCentral Bank of Ireland urges insurers to take consumer-focused stance for Covid-19 related claims
The government office is also putting the onus on chief executives for coronavirus claims determinations
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NewsLloyd’s board grants Blenheim Underwriting approval to establish new MGA
The company now plans to apply for regulatory approvals
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NewsTreasury Select Committee chair questions ABI on how sector is responding to Covid-19
Rt Hon. Mel Stride MP says ‘many will be looking to their insurer for both flexibility and assurance’
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NewsCoronavirus bumps up credit hire and bent metal claims values
Law firm DAC Beachcroft says it is ‘certain’ that Covid-19 will impact claims values in these arenas
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NewsFocus on fraud saves Sedgwick customers £35m
Commercial claims fraud was the largest component at £14.8m
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NewsArdonagh Group reports 66.4% growth in adjusted EBITDA for 2019
Chief executive David Ross described 2019 as ‘a significant point in our history’
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FeaturesBrokers need to beware ‘breach of duty’ risks arising from Covid-19 impacts
Law firm Plexus Law advises brokers to ‘pay attention in this changing market’
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NewsTravel insurers set to pay a record £275m in coronavirus claims
The ABI expects to record around 400,000 coronavirus-related claims
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NewsInsured property market loss from Storm Ciara estimated at €1.5bn
Claims data from affected insurers shows that Germany was the country most impacted
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NewsProfessional body offers guidance on preparing for ‘surge events’
The CII’s claims society publishes a guide to help insurers deal with the increase in claims activity linked to coronavirus
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NewsSwiss Re faces $250m loss if Tokyo Olympics cancelled due to Covid-19
The reinsurer has a 15% global market share in event cancellation cover, which could now be claimed for coronavirus-related cancellations
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NewsIrish broker representative body calls for government and industry meet to tackle coronavirus concerns
The organisation’s director of GI calls on insurers to be ‘flexible’
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IT InterviewLeaders should be ‘fearful’ of SMCR regime, says KPMG director
Behaviour and culture should be a key focus for industry leaders as recent regulation indicates that insurers are not doing enough
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NewsFCA releases guidance for GI insurer behaviour during coronavirus crisis
The regulatory body says ‘brokers have a key role to play to help consumers understand the market’
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NewsCovid-19 boosts opportunistic insurance fraud, says BAE Systems
The firm’s counter fraud director believes fraudulent claims will ‘slip through the net’ amid the current public health and hygiene focus
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NewsLV= reports 39% drop in underwriting profit
But broker business grew by 24% in 2019 due to the migration of personal lines from Allianz
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FeaturesHow is coronavirus impacting key business sectors?
Covid-19 is leaving an unstoppable imprint across global businesses – Insurance Times reviews the current lay of the land in the industry sectors most affected
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NewsCoronavirus impacts more devastating than 9/11 says independent expert
Coronavirus-related impacts on insurers’ investment businesses could see premiums skyrocket
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NewsAspen Insurance Holdings exits underperforming UK regional P&C line
Group chief executive describes 2019’s financial results as ‘disappointing’
