Willis Research Network partners with Metabiota to expand pandemic risk...
The Willis Research Network has partnered with Metabiota, a risk analytics organisation that specialises in infectious diseases modelling and helps businesses and countries build resilience to...
View ArticleQBE returns £10.6 million to motor fleet customers
QBE has issued £10.6 million in premium rebates to motor fleet customers who have taken vehicles out of service during the Covid-19 pandemic. Approximately 60% of rebates went to bus and coach...
View ArticleAviva: 49% of workers are positive about returning to place of work
Half of employed British adults feel positive about the prospect of returning to their place of work after lockdown, according to an Aviva study. Aviva’s survey of more than 2,000 employed adults also...
View ArticleAnimal Friends data show Labrador as most claimed-for dog breed
Pet insurer Animal Friends has released data from 260,000 claims made last year to help potential dog owners make an informed decision on the breed they choose. The Breed Health Guide contains claims...
View ArticleRepairs group launches SD Claims service for insurers
The SD Group, one of the largest cosmetic finishing groups in the UK, has launched a new claims service for insurance providers. SD Claims will provide insurers with a dedicated team of hard surface...
View ArticleFreedom Brokers selects Theo for new telematics product
London-based insurtech ThingCo has secured a contract with Freedom Brokers to provide Theo for the new telematics product Freedom to Drive. Theo, a solar-powered telematics device that sticks...
View ArticleAlmost half of surveyed CII members feel workplace is Covid-19 secure
Almost half of the 212 Chartered Insurance Institute (CII) members surveyed on social media in July revealed they felt their workplace had been made Covid-19 secure ahead of a government-backed return...
View ArticleTrade-offs needed to create pandemic policy
The creation of a pandemic policy will require trade-offs to maintain the involvement of insurers without making the product so restrictive that it fails to be triggered, according to Christopher...
View ArticleABI members extend Covid-19 pledges
Pledges made by members of the Association of British Insurers (ABI) to support policyholders during the Covid-19 crisis are being extended to 31 October. ABI home and motor insurer members made a...
View ArticleLockdown leads to significant fall in motor claims
A drop in car journeys during lockdown resulted in a significant fall in claims during Q2 2020, according to the Association of British Insurers (ABI). Insurers received 324,000 new claims in Q2 2020,...
View ArticleZurich appoints new UK CEO
Zurich has appointed a new UK chief executive officer, with the current incumbent set to take the same role in the Asia Pacific from January 2021. Tim Bailey, chief operating officer for Europe, the...
View ArticleFraudulent claims increased last year, says ABI
Insurers uncovered 107,000 fraudulent insurance claims worth £1.2 billion last year, according to the Association of British Insurers (ABI). Detected fraudulent claims increased 5% over 2018, primarily...
View ArticleCII to move to the Walkie Talkie in 2021
The Chartered Insurance Institute (CII) will take office space at 20 Fenchurch Street, known as the ‘Walkie Talkie’, in early 2021. CII will sublet part of the Chartered Institute for Securities &...
View ArticleThe Floow and Direct Line Group release app-only telematics product
Telematics company The Floow and Direct Line Group have launched an app-only telematics insurance initiative in the UK market. The launch of DriveXpert sees Direct Line Group becoming the first UK...
View ArticleHome claims data can build a clearer picture of risk
In a Covid-19 world, market-wide claims data could be an ally for home insurance providers and their claims teams, writes Neill Slane of LexisNexis Risk Solutions There is little doubt that the home...
View ArticleSociety of Insurance Broking reveals plans for third year
The Society of Insurance Broking has revealed plans to offer support to brokers on the long road to recovery from the initial impact of Covid-19. This month sees the Chartered Insurance Institute’s...
View ArticleLloyd’s to pay out £5 billion in Covid-19 claims
Lloyd’s of London expects to pay out up to £5 billion in Covid-19 claims, as a strong capital and solvency position ensures the insurance and reinsurance market can withstand the ongoing impact of the...
View ArticleFCA declares victory for business interruption policyholders
The High Court has backed policyholders in the business interruption test case brought against insurers that refused to honour Covid-19 claims earlier this year. Policyholders won the majority of the...
View ArticleAllianz and Keoghs clarify fundamental dishonesty
Allianz and Keoghs have won a High Court appeal that provides important guidance on costs for dismissed claims where fraud has been pleaded but not found and helps clarify what constitutes fundamental...
View ArticleAXA Partners extends partnership with Coverwise
AXA Partners in the UK and Ireland has entered into a new long-term contract with travel insurer Coverwise. Expanding on a partnership that started in Germany and Italy in 2011 before extending into...
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