Willis Re: risk professionals fear cyber attack increase
Risk professionals believe the overall level of cyber attacks will increase as a result of Covid19, according to a Willis Re survey
Activate Group to invest £15 million to expand vehicle repair division
Activate Group is investing £15 million to expand its body shop division, Activate Accident Repair, and has appointed a new CEO to lead it
Direct Line Group begins LeakBot rollout to UK high-net-worth home insurance customers
LeakBot has struck a strategic partnership with UK insurer Direct Line Group to offer leak detection technology to its high-net-worth home insurance customers over the next 12 months
Litigation lawyer joins Hugh James
Kevin Grealis brings more than 30 years of experience in serious and complex personal injury and clinical negligence cases to Hugh James
Ageas and Road Safety Foundation call for investment
Investment of £1.2 billion on 5,267km of roads across Britain could prevent more than 8,000 deaths and serious injuries over the next 20 years, according to the Road Safety Foundation and Ageas
AXA Partners extends partnership with Coverwise
AXA Partners in the UK and Ireland has entered into a long-term contract with travel insurer Coverwise
Allianz and Keoghs clarify fundamental dishonesty
Allianz and Keoghs have won a High Court appeal that provides important guidance on costs for dismissed claims where fraud has been pleaded but not found
FCA declares victory for business interruption policyholders
The High Court has backed policyholders in the business interruption test case brought against insurers that refused to honour Covid-19 claims earlier this year
Lloyd’s to pay out £5 billion in Covid-19 claims
Lloyd’s of London expects to pay out up to £5 billion in Covid-19 claims, as a strong capital and solvency position ensures the market can withstand the ongoing impact of the virus
Society of Insurance Broking reveals plans for third year
The Society of Insurance Broking has revealed plans to offer support to brokers on the long road to recovery from the initial impact of Covid-19
Home claims data can build a clearer picture of risk
In a Covid-19 world, market-wide claims data could be an ally for home insurance providers and their claims teams, writes Neill Slane of LexisNexis Risk Solutions
The Floow and Direct Line Group release app-only telematics product
Telematics company The Floow and Direct Line Group have launched an app-only telematics insurance initiative in the UK market
CII to move to the Walkie Talkie in 2021
The Chartered Insurance Institute (CII) will take office space at 20 Fenchurch Street, known as the ‘Walkie Talkie’, in early 2021
Fraudulent claims increased last year, says ABI
Insurers uncovered 107,000 fraudulent insurance claims worth £1.2 billion last year, according to the Association of British Insurers (ABI)
Zurich appoints new UK CEO
Zurich has appointed a new UK chief executive officer, with the current incumbent set to take the same role in the Asia Pacific from January 2021
Lockdown leads to significant fall in motor claims
A drop in car journeys during lockdown resulted in a significant fall in claims during Q2 2020, according to the Association of British Insurers
ABI members extend Covid-19 pledges
Pledges made by members of the Association of British Insurers (ABI) to support policyholders during the Covid-19 crisis are being extended to 31 October.
Trade-offs needed to create pandemic policy
The creation of a pandemic policy will require trade-offs to maintain the involvement of insurers without making the product so restrictive that it fails to be triggered
Almost half of surveyed CII members feel workplace is Covid-19 secure
Almost half of the 212 CII members surveyed on social media in July revealed they felt their workplace had been made Covid-19 secure
Freedom Brokers selects Theo for new telematics product
London-based insurtech ThingCo has secured a contract with Freedom Brokers to provide Theo for the new telematics product Freedom to Drive
Repairs group launches SD Claims service for insurers
The SD Group, one of the largest cosmetic finishing groups in the UK, has launched a new claims service for insurance providers
Animal Friends data show Labrador as most claimed-for dog breed
Pet insurer Animal Friends has released data from 260,000 claims made last year to help potential dog owners make an informed decision on the breed they choose
Aviva: 49% of workers are positive about returning to place of work
Half of employed British adults feel positive about the prospect of returning to their place of work after lockdown, according to an Aviva study
QBE returns £10.6 million to motor fleet customers
QBE has issued £10.6 million in premium rebates to motor fleet customers who have taken vehicles out of service during the Covid-19 pandemic
Willis Research Network partners with Metabiota to expand pandemic risk expertise
The Willis Research Network has partnered with Metabiota, a risk analytics organisation that specialises in infectious diseases modelling
Hello-Safe: UK health insurers saved £321 million
UK health insurers saved an estimated £321 million during lockdown, according to comparison site Hello-Safe