Claims
Chubb rolls out new practice targeting healthtech sector
Chubb has launched a new healthtech industry practice in the UK.
FCA to raise budget by 10.7%
The Financial Conduct Authority has set its annual funding requirement for 2024/25 at £755m, an increase of 10.7%.
Meet the MGA: Ventis
With a ‘breath of fresh air’ Latin-inspired name, CEO Gareth Roberts, pictured second right, explains why Ventis’ USPs of rapid service and sector expertise are helping it gain traction in the real estate market.
Trade Credit Insurance is again in the spotlight. How can brokers take advantage?
Described as a ‘sleeping giant’ of the insurance market, brokers should wise up to the opportunities offered by trade credit. Especially, as Martin Friel discovers, recent geo-political events mean this vital safety for businesses is edging to toward the…
Broker’s emails defeat negligence claim
Key to the broker’s success in defending all allegations of negligence in a recent High Court case was the ability to rely on contemporaneous emails as evidence of its advice given nearly a decade before the trial, Marcus Campbell, partner at DAC…
Zurich uncovered £78.5m in bogus claims in 2023
Zurich UK faced down £78.5m in fraudulent claims last year, equating to £215,117 a day.
Blog: Why building safety case reports can be the gold dust for everyone
The evolution of construction techniques and material mean it is more important than ever that brokers don’t lose sight of the need for comprehensive building information. Julian Strutt, director of estate adjusting at Charles Taylor explains.
Admiral chair: Defending UK motor advantage remains ‘number one priority’
Admiral is not going to give up its crown as the UK’s leading personal lines insurer to Markerstudy without a fight, its chair has intimated.
Meet the MGA: Generis
A focus on expertise, human touch and a future-proofed portfolio have been key to the first five years of success at Generis. Managing director Andy Francis explains the importance of a hard-won reputation and making sure staff come to work with smiles…
Home insurance prices jump 40% in a year
The average quoted price of home insurance increased by 40.6% in the 12 months to January – the highest annual increase since Consumer Intelligence began tracking prices in 2014.
Start-up fleet broker aims for 90% app uptake
Start-up fleet broking specialist Hummingbird Insurance Services is aiming to create a sustainable motor portfolio that runs at an industry-leading loss ratio.
Motor insurance complaints to FOS climb again
Motor insurance has remained in the top five most-complained-about products with buildings insurance also joining the list, according to the Financial Ombudsman Service as it released data for October to December last year.
News analysis: What next for the motorbike market after Axa’s withdrawal?
Axa’s withdrawal from the motorbike market next month has again raised questions about a potential capacity crunch for those brokers insuring two-wheelers. Saxon East explores what effect this and other trends are having on the sector.
Experts tackle factors driving claims complaints to five-year high
The industry needs to make it clear to consumers why premiums are rising according to specialists at the Association of British Insurers’ annual conference.
Start-up broker partners with Agile on fleet claims app
Agile Developments Group has partnered with brokerage Hummingbird Insurance Services to deliver the Agile claim app, portal and dashboard tailored to meet the needs of its fleet clients.
Allianz creates financial lines claims team in D&O and PI push with brokers
Allianz has created an in-house financial lines claims team covering mid-corp and SME firms, focusing on directors & officers and professional indemnity business.
In Depth: Businesses falling into the justice gap
Widely seen as a personal problem, diminishing access to justice also severely impacts businesses. Tony Buss, managing director at ARAG explains how the justice gap has become a major issue for companies in the UK and what brokers can do to help.
Gracechurch awards regional claims Service Quality Marque to insurer trio
Independent insurance research consultancy Gracechurch has awarded its Service Quality Marque to Allianz, Chubb and Ecclesiastical for UK regional claims.
Malcolm Harvey retires from Qlaims
Managing general agent Qlaims has announced founder Malcom Harvey has retired.
Qmetric reveals £41m loss in run-up to sale
Policy Expert owner Qmetric lost £41.06m last financial year ahead of being bought by the Abu Dhabi Investment Authority, which has gone on to invest £35m in the business.
Tech and innovation to the fore for property risks, says Lockton leader Warman
Pushing forward on technology and innovation will be front and centre this year, according to global real estate practice leader at Lockton, Ben Warman, who also revealed his expectations on market hardening in 2024.