CPP Group UK to handle key replacement claims for RAC
Insurtech specialist CPP Group UK will provide the RAC with a bespoke claims handling service under a new partnership with the motoring organisation. Under the partnership, CPP will handle new claims...
View ArticleHospitality group targets insurers over Covid-19 claims
Another action group has formed to take on insurers that have rejected Covid-19 claims on business interruption policies—this time hospitality businesses against QBE and Aviva. Bell Yard...
View ArticleInsurtech investment falls amid Covid-19 pandemic
Insurtech funding fell more than 50% during Q1 2020, as the Covid-19 pandemic continues to exert significant downward economic pressure across the globe. Willis Towers Watson reported a 54% drop in...
View ArticleARAG: Drivers should take care as lockdown lifts
The rapid return of cars to UK roads that are already busy with cyclists and pedestrians could create a number of safety and legal issues for motorists and other road users, ARAG has warned. As traffic...
View ArticleAXA Partners launches digital portal for home emergency claims
AXA Partners has launched a new online customer journey to manage home emergency claims. Home Manager was developed in response to customer feedback. It allows them to digitally track their claim,...
View ArticleInsurethebox: 1,060 accidents prevented through driver education
Insurethebox has prevented more than 1,000 road accidents through its regular communications with insured drivers, according to newly released data. The insurer’s telematics offering has enabled the...
View ArticleABI: Significant state support needed for more affordable BI coverage
Association of British Insurers (ABI) director general Huw Evans has acknowledged that “significant levels of state support” will be required for more affordable business interruption insurance...
View ArticleThe coronavirus creates risk for idle vessels, Allianz warns
Restrictions on supply chains and international travel due to the Covid-19 outbreak have serious implications for the maritime industry, Allianz has warned in a new report. Although the threat from the...
View ArticleCovid-19: collaboration between insurer and claimant reps continues
Collaboration between insurer and claimant representatives amid the coronavirus (Covid-19) pandemic remains ongoing, with the Association of British Insurers (ABI), Forum of Insurance Lawyers (FOIL),...
View ArticleAXA UK expands property partnership with Verisk
AXA UK is broadening its use of live video to settle commercial property claims, following the renewal of the insurer’s contract with software provider Verisk. The ClaimXperience app is already being...
View ArticleFCA provides update on business interruption test case
The Financial Conduct Authority (FCA) has published a short consultation on draft guidance asking all insurers to check their policy wordings against those that the regulator intends to test in High...
View ArticleAtradius welcomes trade credit insurance support scheme
Trade credit insurer Atradius has welcomed the launch of the temporary, government-backed reinsurance scheme to help businesses recover from the impacts of Covid-19. The scheme, worth up to £10 billion...
View ArticleIFED gets new chief
Detective Chief Inspector Edelle Michaels has been appointed as the new head of the City of London Police’s Insurance Fraud Enforcement Department (IFED). Michaels brings with her more than 27 years of...
View ArticleMishcon de Reya secures litigation funder for dental practice group
Mishcon de Reya, the law firm representing several groups considering litigation against their insurers over refusals to cover Covid-19 claims under business interruption policies, has secured a...
View ArticleBy Miles urges action over low mileage penalty
More than 19 million UK drivers are falling foul of a low mileage penalty, according to new research from pay-as-you-drive insurtech By Miles. By Miles analysed more than 1.7 million customer quotes...
View ArticleAllianz and Keoghs secure prison sentence for fraudster
A fraudster who submitted a false £4,000 personal injury claim has been handed an immediate 12-month prison sentence with no suspension following a successful private prosecution by Allianz Insurance...
View ArticleFCA launches business interruption test case
The Financial Conduct Authority (FCA) has filed its business interruption test case in the High Court of Justice, with up to 10 days of hearings expected to commence in the second half of July. A case...
View ArticleAnthony Gold managing partner joins Civil Procedure Rule Committee
Anthony Gold Solicitors managing partner David Marshall has been appointed as a solicitor member of the Civil Procedure Rule Committee (CPRC). The CPRC is chaired by Lord Justice Peter Coulson, deputy...
View ArticleBDA urges FCA to consider dentists in business interruption test case
The British Dental Association (BDA) has urged the Financial Conduct Authority (FCA) to consider the plight of dentists in its legal process to assess the validity of business interruption insurance...
View ArticleMDU appoints new head of claims handling
The Medical Defence Union (MDU), a membership body offering indemnity and medicolegal support to doctors and dental professionals, has appointed David Pranklin as its new head of claims handling....
View Article