Claims business Artemis Recoveries, which entered liquidation in 2019 and had the same director team as failed SSL Claims, is likely to owe more than £527,000 to creditors and £145,000 to HMRC with the recovery prospects "uncertain", its liquidators have…
Claims volumes fell significantly in 2020 as premiums crept down slightly, insurer figures show, leading to intensified campaigner calls for current and future savings to be passed on to motorists.
When facing the large losses pandemics threaten “we could do more” if a cover solution was limited to SMEs, Ivo Menzinger, Swiss Re managing director for public sector business across Europe, the Middle East and Africa, has said.
Policymakers have mischaracterised the pandemic business interruption problem leading to a solution stalemate, virtual attendees of an Organisation for Economic Co-operation and Development event heard.
The big four reinsurers believe they are poised to take advantage of the hard market in 2021, with all but Swiss Re reporting profit in 2020 despite a combined property and casualty pandemic hit of £6.5bn.
With the roll out of Covid-19 vaccines under way, and firms saying they might require them to be mandatory for their staff, Post investigates what impact this could have on insurance
Credit hire firm Cogent Hire will aim for “zero litigation” and “near total” removal of fraud, managing director Kirsty McKno told Post as the company launched.
The litigants in person guide for the whiplash portal will "hopefully" be published by early April, according to a Ministry of Justice update.
Zego, now valued at $1.1bn (£792m), has become the UK's first insurtech 'unicorn' with an initial public offering "inevitable" but not on the immediate horizon, the insurtech's CEO and co-founder Sten Saar told Post.
The immediate Covid impact could see businesses pushing cyber cover down their list of priorities and brokers need to ensure clients understand how risks interconnect, Aviva's commercial lines interim managing director cautioned as the insurer debuted…
At the beginning of February, national headlines warned of a ‘Beast from the East Two’ as snowy blizzards, heavy rain and gale-force winds were forecast to batter large parts of the country. But a repeat of the hefty claims dent left by its 2018 namesake…
The Motor Insurers' Bureau's first update on the whiplash portal since critical rules were released by the government was met with difficult questions and consternation from the claims sector.
Many companies in the construction sector are struggling to obtain professional indemnity insurance cover, with the Grenfell Tower fire and the building safety crisis key drivers of premium hardening and exclusions.
The Ministry of Justice has published vital rules for the whiplash portal, including the pre-action protocol and practice direction.
Sun Capital and ex-Aviva CEO Mark Wilson are targeting a share of the £16bn UK motor insurance market with venture Abacai, building on Complete Cover Group.
Environment Agency CEO Sir James Bevan has reminded insurers that while net zero commitments are important there is further work to do to tackle climate change.
Pool Re boss flags 'market failure' concerns as exclusions mount with no 'Pandemic Re' or 'Resilience Re' solution on the table yet.
The insurance industry will play a significant role in supporting economic recovery as the United Kingdom emerges from lockdown, Economic Secretary to the Treasury John Glen MP has said, as he urged for more "clarity" around what insurance covers going…
Lloyd’s latest culture survey has found that 50% of employees still do not feel comfortable raising concerns about behaviour in the insurance market, though overall the results demonstrated a level of progress.
Some progress is being made on getting whiplash portal rules in front of the Lord Chancellor for approval, Civil Procedure Rule Committee meeting minutes suggest.
Solicitors have called for more regulation around insurers contacting claimants that have legal representation with pre-medical offers, as law firms allege that claimants may be missing out on higher compensation awards.