Insurance brokers celebrate at virtual Broker Innovation Awards
A host of insurance brokers and professionals were recognised as the industry’s most innovative at the virtual Broker Innovation Awards last week. Claims Media is the exclusive media partner for the...
View ArticleGlobalData predicts higher motor premiums
Motor insurance customers in the UK are not expected to see a drop in premiums, even as claims have fallen, according to GlobalData. The market intelligence firm said motor appears to be one area of...
View ArticleEndsleigh partners with ingenie Business
Insurance broker Endsleigh Insurance Services has signed a contract with ingenie Business for the provision of an end-to-end telematics, behavioural coaching, data analytics, policy administration and...
View ArticleNew Lloyd’s syndicate to insure storage and transportation of Covid-19 vaccine
Lloyd’s of London has provisionally approved the creation of a new syndicate designed to insure the storage and transportation of a Covid-19 vaccine to emerging economies. Parsyl, an insurance...
View ArticleAllianz: majority of fleet managers have experienced fraud
New research from Allianz Insurance has revealed that 59% of motor fleet managers believe they have experienced fraud, with more than a third (36%) confirming their organisation has been a victim and a...
View ArticleGeoff Jones to lead member support division at MPS
The Medical Protection Society (MPS) has appointed Geoff Jones as executive director of its member protection and support division. The division is at the forefront of protecting the careers,...
View ArticleCII calls for action as SMEs worry over policy exclusions
The Chartered Insurance Institute (CII) has revealed actions insurers can take to restore trust in the insurance profession as small and medium-sized enterprises (SMEs) become increasingly concerned...
View ArticleCar insurance service from honcho arrives on Hapi employee benefits app
More than 475,000 workers across the UK can now access the new insurance service from honcho after the reverse auction marketplace partnered with employee benefits provider Personal Group. Personal...
View ArticleAccess to insurance firmly on insurance brokers’ agenda, says BIBA
The British Insurance Brokers’ Association (BIBA) has formed a multi-sector access to insurance committee to drive forward progress in helping consumers access suitable insurance protection. Chaired by...
View ArticleDirect Line Group acquires London-based insurtech Brolly
Direct Line Group has agreed to acquire Brolly, the London-based insurtech that specialises in flexible, personalised insurance products for the digital generation. The transaction is conditional and...
View ArticleLV= launches monthly car insurance service
LV= General Insurance has launched a monthly car insurance subscription service in response to changing driving habits and the impact of Covid-19. The new online-only cover from LV=, called Flow, puts...
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E-scooters: a balancing act
The risks associated with e-scooters mean that getting them on the road is something of a balancing act, for riders and for the government too, writes Gerry Ross, head of commercial motor at Allianz...
View ArticleMcKenzie Intelligence Services secures European Space Agency contract
McKenzie Intelligence Services, the geospatial imagery and re/insurance intelligence consultancy, has been awarded a contract for a European Space Agency (ESA) demonstration project. Awarded through...
View ArticleSampo and RMI to acquire Hastings Group for £1.66 billion
Finnish insurer Sampo and South African investment firm RMI have bid £1.66 billion to acquire Hastings Group. RMI already owns a 29.7% stake in the UK insurer. Following completion of the acquisition,...
View ArticleTravelers Europe upgrades cyber insurance product
Travelers Europe has enhanced its cyber insurance product, Travelers CyberRisk, to provide more coverage and risk management solutions to strengthen customers’ overall cyber security programmes....
View ArticleCar insurance claims for cyclists and pedestrians double, finds More Than
The proportion of car insurance claims that insurer More Than has received for bodily injury involving cyclists, pedestrians and motorcyclists has doubled in recent months. Claims have increased from...
View ArticleBlink among 10 insurtechs chosen for Lloyd’s Lab
Blink Parametric has earned a place among the 10 insurtechs selected to join the Lloyd’s Lab innovation accelerator programme. Blink will join the fifth cohort at the Lloyd’s Lab, which will focus on...
View ArticleClaims culture?
The figures simply don’t support ‘claims culture’ idea that British society is blighted by ‘epidemic levels’ of whiplash claims, writes Qamar Anwar, managing director of First4Lawyers Much of the...
View ArticleHiscox Action Group secures expedited arbitration for Covid-19 dispute
The Hiscox Action Group of more than 400 business interruption policyholders and their insurer Hiscox Insurance have agreed to a simplified and expedited arbitration process for the dispute over...
View ArticleHello-Safe: UK health insurers saved £321 million
UK health insurers saved an estimated £321 million during lockdown, as policyholders postponed medical appointments to avoid exposure to Covid-19, according to comparison site Hello-Safe. A mixture of...
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