Claims
Covid-19: UK claims will pass £1bn, says Huw Evans
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
Motor premiums rise 2.8% in Q1
Consumer Intelligence warned that telematics restrictions following coronavirus may hit youngest drivers hardest.
Blog: The implications of Covid-19 for brokers
Marcus Campbell and Graham Briggs of DAC Beachcroft discuss what brokers need to know to best protect their clients as the Covid-19 pandemic continues.
Covid-19: How are brokers keeping in touch through the crisis?
Brokers say they are sharing experiences with each other to "protect the broking profession" as they explore new ways of working from home and reveal their favourite platforms to stay connected.
Covid-19: Expect £275m in travel payouts, says ABI
Industry body says the total will dwarf the £148m record reported in 2010.
Blog: How tech kept the world ticking over
Qlaims Insurance's Mike Keating on how technology will help brokers, insurers and customers stay connected during the coronavirus outbreak.
Profit falls at Hiscox as COR reaches 105.7% in 2019
Provider reports growth in GWP, but admits household broker business in the UK has been impacted by “tough pricing action” following an increase in claims.
Hastings posts profit drop after "challenging" 2019
CFO John Worth said results were driven by elevated claims as the business reports rising GWP in every division except van.
Allianz UK COR deteriorates to 97.8%
Challenging fourth quarter hits the provider as operating profit falls by 35% but CEO Dye remains upbeat.
Blog: Insurance is a trust game
Oke Eleazu, chief operating officer at Bought By Many, discusses how insurance firms and customers can build trust with one another.
Watson blames Ageas profit fall on motor book
Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business.
Blog: The future of telematics
Steve Kerrigan of LexisNexis Risk Solutions outlines how telematics has changed the market and examines where this technology is heading next.
Blog: Lessons for brokers looking to tackle fraud
Ray Westwick, managing director at Freedom Brokers, discusses how the firm has used data to reduce instances of fraud.
In-depth - commercial: The property pressure cooker
Commercial property is facing hikes in premiums as insurers take a tough line on claims. Sam Barrett finds out why and discovers what steps brokers can take to weather the hardening market
In-depth - commercial: What’s next for fleet?
Upheaval in the motor market caused by improving safety features, the increased price of repairs and a drop in capacity could provide opportunities for brokers. Sam Barrett reports
Gibraltar’s Quick-Sure enters administration
Having stopped writing new business in 2017, the regulator estimates that only 117 claims are left to be settled.
Hiscox adds extensions to technology cover
Provider now covers intellectual property infringement and pre-claims assistance, as well as unlimited business interruption for firms up to £2m.
Blog: How flood prevention technology can impact claims management
Jonathan Jackson, CEO at flood forecasting InsurTech Previsico, explains how new technologies can change the industry's approach to flood claims.
People Moves Round-up: 20-24 January 2020
Keep up to date with the latest market moves.
Biba focuses on access to insurance in 2020 manifesto
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.
Motor premiums may ‘reach the highest on record’
Willis Towers Watson and Confused warn of future increases as they publish data for Q4 2019.
Romero and Qlaims partner on commercial property support
Broker can now offer claims support and loss recovery insurance to commercial property clients.
Claims inflation continues to bite at Hastings
Trading update reveals provider has restated its operating profit from £125m to £110m – a drop of 12%.
People Moves Round-up: 13-17 January
Keep up to date with the latest market moves.