All articles by Katie Scott – Page 70
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NewsTwo-fifths would switch to telematics-based motor policy to save 30% on premiums
Data company reveals that uptake of telematics could flourish if premium discounts are evidenced
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NewsMarsh hires new global head of aviation
Garrett Hanrahan will succeed Simon Harker, who is retiring after a 44-year career
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FeaturesReal-time data set to inform menuisation-based products, but can this deliver premium savings?
The use of real-time data and the potential menuisation of insurance premiums is on the horizon, however is this an industry asset or a gimmick?
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NewsAgeas appoints external hire as new director of distribution
Russell White will join the insurer’s UK team in March
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NewsBe Wiser predicting profitable 2020
Chairman Mark Bower-Dyke says that although the past eight months have been ‘a challenging period’, the broker’s ‘hard work has paid off’
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NewsTokio Marine Kiln launches enhances cyber insurance with $25m limit
The insurer says the cover aims to bridge the gap between typical property damage and cyber insurance policies
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NewsSalvage firm recovers 3,000 vehicles in one day as storms batter UK
Copart UK says the stat ‘demonstrates the sheer scale and impact’ of recent flooding
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IT InterviewAllianz: commercial property market has been ‘too cheap for too long’
The insurer’s chief executive explains how rate increases are flagging behind jumped-up claims inflation
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NewsAllianz’s operating profit nosedives by 35%
The insurer states that fire, theft and escape of water losses have detrimentally affected its commercial property business
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IT InterviewInsurtech hype halts as disruptors morph into collaborators
Although digital transformation projects across the industry are rife, legacy technology infrastructures pose problems, says Polaris’ Vivek Banga
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NewsGovernment plans to extend dormant assets scheme to encompass insurance sector
Dormant insurance policy proceeds could be re-directed to aid good causes
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NewsNFU Mutual to pay out around £20m for Storm Ciara-related claims
The insurer says it has received more than 2,800 claims, primarily for storm damage
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NewsSupreme Court rules against MIB in landmark legal action
The organisation will now have to compensate individual who was struck down by an uninsured driver on private land
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NewsAgeas brings its home book back into profitability
The insurer cites a pricing and underwriting revamp as one of the main causes for the turnaround
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NewsWelsh rugby club seeks donations as insurance won’t pay out for flood damage
Storm Dennis-related flooding devastated the grounds and facilities at Bedwas RFC
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IT InterviewInsurers could be on the hook for future liability says Copart UK’s MD
The US trend surrounding future liability after insurer-arranged car repairs is careering into the UK market, according to salvage firm
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NewsAgeas to underwrite new home insurance products for Post Office Insurance
The organisations have agreed a five-year partnership
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NewsInsured losses due to Storm Ciara set to reach €1.9bn
In the UK, 675,000 homes lost electricity because of the windstorm, as well as a further 10,000 homes in Ireland
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IT EventsHigh net worth individuals are ‘low-hanging fruit’ for cyber criminals
UK Global Broking Group told BrokerFest 2020 delegates that awareness training is key to eliminating carelessness when it comes to online safety
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NewsEvent operators uninsured for coronavirus-related cancellations
Insurers are rushing to exclude the illness from epidemic cover
