Insurers and credit-hire organisations are working together to mitigate the rising costs of credit hire caused by delays in repair and extended hire issues related to Covid-19.
The Hiscox Action Group has issued a £52m claim against Hiscox for unpaid business interruption claims related to losses incurred during the coronavirus lockdown.
US loss adjusting group Complex Risk Solutions has formally launched in the UK and Ireland with two strategic partnerships - Delta Claims Solutions and Williams Pitt.
Detective chief inspector Edelle Michaels has been appointed as the head of the City of London Police’s Insurance Fraud Enforcement Department.
Markerstudy has opened a “redundancy consultation exercise”, the insurer has confirmed.
The Financial Conduct Authority’s new guidance issued today is far more than a helpful steer as the watchdog’s “product value policeman” role develops, according to CMS financial services partner Simon Morris.
The Financial Conduct Authority has brought new guidance into force with immediate effect, telling insurance businesses to consider the impact of the coronavirus pandemic on the value of their products.
Some insurers have now decided to pay up on business interruption policies, the regulator has said, but just how much of an impact do these 'u-turns' really have on the BI situation and consumer confidence?
Zego co-founder and CEO Sten Saar tells Emmanuel Kenning about the insurtech’s significant growth ambitions, how he came into the market nearly four years ago and why he is committed to it for the long haul
The Financial Conduct Authority's test case may be driving some law firms to revise their roles in slated business interruption legal battles, but lawyers argue they will still have a part to play quantifying losses and settling disputes.
Randall & Quilter Investment Holdings has reported a 180% rise in pre-tax profit from continuing operations to £40.1m for the year ended 31 December 2019.
In this month’s column, David Worsfold looks at the industry’s stumbling response to Covid-19, the investigation fees travel insurers may face and why Brexit needs to move back up the boardroom agenda
Eight insurers will participate in a High Court test case being prepared by the Financial Conduct Authority to rule on whether the wordings of business interruption policies provide cover to businesses hit by the coronavirus pandemic.
Amber Rudd, former Home Secretary, will lead one of six working groups set up by the Pandemic Re steering group.
Allianz has named Rebecca Rogers as head of property claims joining from LV.
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This week the government announced another easing of the UK lockdown rules. Although the waiting game is not over and Covid-19 still remains a threat, this comes as welcome news to many of us who have been anticipating the time when we can once again…
Action group members challenging insurers over rejected coronavirus-related business interruption claims would be better off waiting for the outcome of the Financial Conduct Authority's test case before embarking on proceedings, an expert advising…
The Arson Prevention Forum, an organisation designed to bring together relevant parties to share ideas, good practice and trends on the fight against arson, has hit pause on holding meetings. Post investigates why and what next where it comes to tackling…
The executive director of the Chartered Institute of Loss Adjusters, Malcolm Hyde, offers a guided tour of how the association came into being, its ongoing dedication to professional standards and preparing for the challenges of tomorrow.
Exclusive: The Financial Services Compensation Scheme is working with failed insurer Gable's liquidators to understand the impact of a European Free Trade Association court judgment on recoveries, with some of the insurer's policyholders set to lose out.
It is the year 2030. As the demands for a green economy has intensified the government has announced the ban on selling new petrol, diesel or hybrid cars in the UK will be brought forward from 2035 to this year (2030). Concerns still exist over electric…
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