Insurer
Covid-19: QBE latest provider facing legal action after denying BI claims
Simon Sloane, partner at law firm Fieldfisher, says over 40 policyholders in the dental sector are interested in pursuing action.
C-Quence unveils capacity deal with Zurich
MGA also launches Arag-backed legal expenses cover to its property and casualty product suite.
Covid-19: Hiscox considers equity raise
Provider states it is "evaluating possible sources of capital" to respond to the pandemic.
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: 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.
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.
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.
Covid-19: Measures to maintain personal injury claims process launched
The ABI and the Association of Consumer Support Organisations have developed a statement of intent recommending remote video examination and rehabilitation.
Covid-19: Total claims pay-outs expected to reach £1.2bn
The ABI says insurers are expected to pay £900m towards business interruption claims.
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.
Hiscox Action Group appoints big-hitting legal firm to represent members in BI row
The group of companies criticising Hiscox for refusing to pay out BI claims as a result of the coronavirus says it is also in "advanced talks" with a litigation funder to underwrite its entire legal costs as dispute hots up.
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.
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.
Hiscox expects $175m Covid-19 payout
Hiscox, which is currently in dispute with a group of firms over BI, said it is actively settling claims for event cancellation and abandonment, media and entertainment and travel.
Axa XL searches for new UK CEO as reshuffle sees Paul Greensmith depart
Four senior leaders have left the provider as Axa XL states it is set for global restructure.
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.
Axa XL reveals global restructure
Provider to create a single global insurance underwriting function and form three geographical business units across the Americas, Eurasia and the UK & Lloyd’s market.
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.