Insurance lawyers have responded to today’s Supreme Court ruling which found supermarket Morrisons is not ‘vicariously liable’ for a large-scale data leak by a disgruntled employee, saying it might be a relief for corporates but that it doesn’t signal the end of data breach class actions.
Lawyers remain confident the UK government won’t follow the US in mandating payouts for Covid-19 on business interruption policies after four US states tabled legislation that would require disruption caused by the coronavirus pandemic to be covered.
The Prudential Regulation Authority has warned insurers to “pay close attention” to protecting policyholders and supporting the economy when considering how profits are dished out.
In this month’s column, David Worsfold, looks at insurers’ reputation as they respond to the coronavirus, at why being flexible is key and what the long-term impacts might be
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We are helping customers in these challenging times and initial estimates show that travel insurers are expected to make record levels of payments as a result of the #coronavirus outbreak totalling more than the whole of 2019 https://t.co/Q8GSOC6w0O pic.twitter.com/QizLZYXv2p— ABI (@BritishInsurers) March 24, 2020
- PRA warns insurers on shareholder payouts and remuneration
- Blog: Insurers take coronavirus BI rap for now, but will banks emerge as the real villains of the piece?
- Interview: Lisa Bartlett, Crawford & Company
- Analysis: US insurers face 'thin end of the wedge' on mandated coronavirus BI cover
- Analysis: Where does Covid-19 leave the flood victims?
- Motor insurers vow to support NHS volunteers who undertake unpaid activities
- Your 'business as usual' March digest
What makes the best insurance employer? Post invited insurance employees, through emails, social media and via the brand’s print and online channels, to nominate and rate their employers on a variety of aspects including their management, diversity, work/life balance and whether they would recommend the employer to a friend. 1258 responses were received and more than 100 firms were nominated.
The top 100 UK insurers have been on top of their game this year. Find out who ranks highest in the Top 100 UK insurers in Post’s 2019 countdown, produced in association with AM Best.
Post, in association with Tällt Ventures, indexes those that have the most potential to influence, change or disrupt the global market.
Post revisited its popular Census research to find out how closely the sector reflects the society it serves.