Commercial
Blog: Why brokers need to get behind the FCA on BI
Romero and NDML’s Simon Mabb says why he believes brokers must unite with the regulator to overcome the current Covid-19 business interruption dispute.
Insurance Covid-Cast episode 12: Newsmaker special with Partners& CEO Phil Barton and chair Stuart Reid
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the latest in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Airmic pressures insurers on “grey area” Covid-19 claims
The risk management association called for a business sensitive approach on the coronavirus pandemic and warned of long term damage if insurers and brokers fail to show fairness and flexibility.
Covid-19: Dentists seek legal action in fresh BI dispute
The British Dental Association said its members had been “blindsided" after majority of coronavirus-related BI claims were rejected.
Brokers lament “abysmal” claims experience during Covid-19
Exclusive: Abysmal, slow, abhorrent, extremely poor and incoherent are just some of the words used by brokers to describe claims dealings with a number of providers.
Insurance Covid-Cast episode 11: Loss adjusting during lockdown - and what the sector might look like post-pandemic
In the latest episode of Insurance Post and Insurance Age’s new video series brought to you while our journalists are working from home, we gathered together a group of senior loss adjusters and experts to discuss how their employers have adapted to ‘the…
Ageas takes catastrophe hit
COR crept above 100% across all business lines in Q1 due to storms.
Allianz UK “well equipped” to manage Covid-19 challenges
The provider published a Q1 trading update, the first to incorporate Allianz, LV and Legal & General, as it says it has made 200-plus Covid-19 claims pay outs.
Covid-19: Pressure groups maintain heat on insurers with open letter
The Covid Claims Groups sent an open letter to the ABI calling its BI stance “callous and wrong” and urging industry to pay out for extended BI cover.
Insurance Covid Cast Episode Nine: Could Tiger King Joe Exotic cut it as a fraud fighter or handle big cats at Lloyd’s?
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are in isolation lockdown we present first in an irregular series - Covid Culture Club - where we discuss things to watch and do at home.
Hiscox share sale raises £375m
The insurer also published a trading update which addressed the current Covid-19 business interruption dispute.
Insurance Covid-Cast episode eight: What is the insurance supply chain doing to keep the sector moving during the Covid-19 lockdown?
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 brought together a diverse group of businesses to discuss how the supply chain has forged deeper…
Covid-19: Allianz latest insurer in legal BI firing line
Edwin Coe is representing a group of businesses with the insurer’s Resilience policy wording.
Covid-19: Hiscox Action Group says brokers acted in “good faith”
The Group is going after insurer Hiscox over its refusal to pay BI claims the group members believe to have been triggered by coronavirus pandemic.
Leisure Insure closes permanently
Updated: UK capacity was pulled last month as directors say they were not prepared to go offshore or use "obscure foreign markets".
Insurance Age Digital Edition: May - Adapting to change
The May issue of Insurance Age is available via digital platforms only due to Covid-19.
Covid-19: Hiscox BI pressure groups join forces
Hiscox Action Group and the Night Time Industries Association, representing more than 500 businesses, have agreed to work together to challenge Hiscox’s business interruption stance.
Covid-19: FCA bares teeth as BI dispute hots up
Regulator seeks court action to resolve uncertainty on business interruption cover and bring clarity on specific policy clauses.
Insurance Covid-Cast episode seven: Empathetic, sympathetic and offering strategic guidance – how brokers are managing clients in lockdown
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 how brokers maintain their ‘trusted adviser’ status during these difficult time.
Covid-19: Broker calls on Chancellor to release Pool Re funds for BI claims
NDML is asking for some of Pool Re’s £6.6bn cash to be used to help businesses in the leisure and hospitality sector which have been hit by coronavirus.
Insurance Covid-Cast - episode six: From panic to practicalities, what will BI insurance look like when the Covid-19 recriminations settle down
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 how the insurance industry let the narrative over business interruption become national…
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: Treasury Committee tells insurers to be clear and fair
Mel Stride MP states firms are continuously facing difficulties in making successful coronavirus-related claims as the ABI says insurers are expected to pay out a total of £1.2bn.
EPUL teams with FloodFlash on property product
Its parametric property investor proposition now allows brokers to get FloodFlash quotes at renewal and for new business.