Broker
Covid-19: Hospitality group forms to fight insurers over BI
The group is being advised by Mishcon de Reya and will look into claims denied by any number of insurers naming Axa, China Taiping, RSA, Touchstone, and Zurich but excluding Hiscox.
Covid-19: SME brokers eligible for government bounce back loans
HM Treasury confirmed to Biba that small and medium-sized brokers are eligible for the scheme.
Covid-19: Hiscox Action Group gets funding for BI litigation
Harbour Litigation Funding will pay Mishcon de Reya to review the claims business owners have against Hiscox.
Covid-19: Should all motor customers get a rebate?
Updated: Major insurers including Axa, Aviva, Ageas, LV and Zurich respond on automatic rebates as motor disrupters say the Admiral £25 move does not go far enough and questions are raised about the gesture.
The working from home diaries: Sharon Beckett
Insurance Age finds out how Be Wiser CEO Sharon Beckett has adapted to changes in working practices amid the Covid-19 outbreak.
Research reveals insurance claims among the most likely to succeed in courts
Law firm warns insurance sector will be under scrutiny as the level of litigation is predicted to rise as a result of Covid-19.
Ecclesiastical launches Covid-19 social media guide
The document has been developed to help brokers navigate platforms such as Twitter and Linked In throughout the outbreak.
UK Broker Awards: Open for entries
Submit your award entry today to be in with a chance of grabbing a trophy.
Insurance Covid-Cast - episode five: Could the FOS be key to help bring clarity and nix growing number of SME BI complaints
In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss the ongoing confusion around business interruption cover, and what is needed to bring some…
Covid-19: RSA faces legal action in BI dispute
RSA is latest provider in firing line as nursery sector hits out and, separately, a new action group, Insurance Justice, has been set up to defend BI claims for businesses.
Gary Hoffman resigns from Hastings
Hoffman, currently non-executive chairman, was CEO of the business between 2012 and 2018 and led it through an IPO in 2015.
Covid-19: Litigation against brokers and insurers set to increase amid BI row
The market has been criticised for its response to the coronavirus crisis, particularly with regard to business interruption as providers "look down the barrel' of class action.
La Playa hit by phishing scam
Exclusive:The HNW broker apologised after one of its email accounts was compromised by fraudsters.
The working from home diaries: Norrie Erwin
Insurance Age finds out how Norrie Erwin, managing director at Carrot Insurance, has adapted to changes in working practices amid the Covid-19 outbreak.
Kingsbridge and Fresh-owner Vantage aims for £500m premium
Exclusive: CEO Jacquie Boast has restructured the business with Fresh CEO Mike Wall exiting and 75 staff leaving the business as she seeks to position Vantage for growth.
Fresh attack on Hiscox BI stance from night life industry
The Night Time Industries Association has been advised members have a “good case” against Hiscox as barrister warns “insurers will never be forgiven” for response to Covid-19.
Catlin calls on industry to repair reputation following Covid-19 response
Exclusive: Stephen Catlin slams "unfortunate" lack of sympathy to policyholders in messages from the sector and pushes back at claim that the industry steering group on pandemic response is a PR gimmick.
Covid-19: MP calls for insurers to make full pay outs due to pandemic
Jonathan Edwards has signed an early day motion calling on the government to instruct all insurers to use dividends to pay Covid-19 claims.
Covid-19: Legal firm calls for joint govt and industry BI recovery plan
Flaxmans makes case for government and insurance sector to team up to help businesses recover following the coronavirus pandemic as Mactavish calls for independent review.
Lloyd’s pulls together BI data for PRA – reports
The marketplace has been asked to collate insurer BI cover information for the regulator.
Complete our survey: How has your business been hit by Covid-19?
Survey aims to find out how the industry has changed its working practices, the challenges faced by professionals working remotely and how brokers feel insurers have responded to the pandemic.
Admiral becomes first UK provider to offer pandemic rebate
The business is to return £110m to car and van customers as part of Stay At Home Refunds as it becomes first to bow to pressure to give back as policyholders use vehicles less.
Covid-19: Stephen Catlin heads up industry steering group on pandemic response
The group, which has members including Aviva's Maurice Tulloch and RSA's Stephen Hester, is working closely with Pool Re to develop solutions to the crisis.
Car insurance premiums fall in Q1 2020
Research by Confused.com and Willis Towers Watson reveals dip in motor premiums, following a £47 rise over the last year.