Blog: Why the government needs to back the insurance industry

lightbulbs

Tom Powell shares his idea to help the insurance sector overcome the BI problems

There is much consternation within the UK business community at the moment due to the unprecedented circumstances that the UK and global economies find themselves in due to the Covid-19 pandemic.

An extremely large proportion of UK businesses are now finding themselves unable to claim or obtain any form of indemnity from their insurance providers due to confusing and sometimes outdated policy wordings and exclusions.

The reason for this is quite clear and obvious in that there has not been a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Biba 2025 Countdown: Markel’s Jo Sykes

Jo Sykes, divisional director, broker & ATE UK at Markel, promises a partnership with an Olympic champion; expects to see another uptick in attendance at its annual hospitality event; and looks forward to putting her sore feet up and checking the iPad for action points at the end of it all.

Biba 2025 Countdown: Flood Re’s Kelly Ostler-Coyle

Kelly Ostler-Coyle, head of communications and stakeholder engagement, Flood Re looks forward to sharing information about its Chelsea Flower Show medal-winning Flood Resilient Garden, handing out Freddy the Flood Re ducks, and expects Oasis sound-tracked bubbles to flow.

Ex-Acromas CEO among senior Pikl hires

Pikl, the vacation rental specialist, has recruited former Acromas Insurance CEO Steve McGuinness as its chief operating officer and Canopius veteran James Everett as its chief underwriting officer.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: