coronavirus
BI test case Supreme Court judgment expected next year
The FCA has said that no judgment will be handed down before January 2021.
Increases in insolvencies, cyber-attacks and litigation named as top threats for D&Os
AGCS says the pandemic has made the D&O insurance market an increasingly difficult space, with more insolvencies predicted for the first half of 2021.
FCA consults on how best to prove presence of Covid-19
The regulator is asking for comments by 18 January 2021 and says it does not expect this aspect of the BI court case to be affected by Supreme Court BI appeals.
Let Live Thrive highlights event insurance threat
The campaign, alongside EC3 brokers and Hiscox, has written to the Secretary of State for Culture, Media & Sport, calling on the government to underwrite events contingency cover post-Covid.
Markerstudy's still in talks for commercial lines capacity deal
Group underwriting director Gary Humphreys says that the provider is speaking with a new carrier after it was forced to go "on hiatus" for new quotes in commercial lines almost a year ago.
Markerstudy's Humphreys opens up on delayed Co-op deal
Group underwriting director Gary Humphreys discusses why the transaction took almost two years to complete, criticism from Unite the union, redundancies and future acquisition plans.
Opinion: CDL's Nigel Phillips on how the pandemic is changing the way businesses interact with customers
Beyond self-service: Coronavirus is accelerating the shift to a new era of customer engagement, say Nigel Phillips
JB Brokers moves to Open GI from Applied Systems
Software house says the implementation was done remotely because of the pandemic.
Axa well positioned for post Covid-19 growth claims Buberl as 2023 strategy revealed
The Group CEO confirms to investors a continued focus on healthcare and protection as underwriting discipline is enforced in Axa XL.
News analysis: Never the same again?
The pandemic has changed the way business is conducted across the globe, and with a hardening market and uncertainty caused by Brexit, Insurance Age looks at the outlook for brokers
Broker Exchange: How has Covid-19 impacted the UK economy?
Economic expert Paul Johnson tells delegates about the UK's current economic situation and discusses what we can expect from the next few years.
CII says government can’t offer “zero failure” insurance regime
Body says higher taxation should provide a safety net to enable the country to avoid suffering.
Partners& teams up with CFC and CPP to launch new cyber offering
Partners& has launched a cyber risk management offering in collaboration with a trio of sector specialists CFC underwriting, CPP Group and Mitigate Cyber.
Blog: The future of leisure
Avid's Mike Patchett, considers how the insurance space can respond following a harrowing year for the hospitality and leisure sectors.
Aviva grows UKGI commercial lines premium by 10%
Overall premiums remain flat after the provider continues to shrink its personal lines business, as Aviva also revises its expected impact from Covid-19 related claims to around £100m.
Blog: Fleet technology in 2021 and beyond – what will I mean for you?
With an eye on the new fleet technology that businesses will be using or considering in the future to help manage risk and driving efficiencies, Steve Green asks what will the commercial motor insurance market have to come to terms with?
Society of Insurance Broking warns of a "perfect storm" of challenges
The professional body says communication will be key to help brokers through the pandemic and hardening market.
HAG says Hiscox policies are "complex and unworkable" in Supreme Court appeal
The action group put forward its arguments on the last day of the Supreme Court BI test case hearing.
Ardonagh reveals 14.4% growth in adjusted Ebitda
The business says it has a "robust forward-looking pipeline" after making five deals in Q3 2020.
Insurer QC accuses FCA of "hair splitting wordsmithery” as Supreme Court showdown continues
Insurers and the regulator set out their starkly differing views on the use of trends clauses on day two of the ongoing business interruption test case hearing at the Supreme Court.
Insurers launch their appeals as FCA BI Supreme Court battle begins
The Supreme Court heard arguments from lawyers representing QBE, Argenta and MS Amlin on 16 November as insurers began their appeal of the September judgment handed down in the FCA’s business interruption test case.
Lloyd's to review the future of its underwriting room - report
The market says underwriting room is "here to stay" as the Daily Mail reports that a consultation next year could see the room scaled back.
Rate hardening expected to speed up insurance sector recovery from pandemic recession
Swiss Re chief economist says the insurance industry is more resilient than expected, while the global economic outlook remains fragile.
Orient Express named as "main battleground" ahead of BI test case Supreme Court hearing
The hearing in the FCA's business interruption test case starts on 16 November and will be heard by the same judges that oversaw the Orient Express case, which insurers have been relying on during the court proceedings.