Articles by Pamela Kokoszka
London Bridge terror attack survivors and victims' families receive claims settlement
Survivors of the London Bridge terror attacks and victims’ families have had compensation paid by Probus, the insurer of the car rental company Hertz.
Analysis: Concerns grow over coronavirus claims fraud
Claims farmers looking to exploit the new type of claims arising from coronavirus will contribute to an increase in fraud, warn lawyers.
BGL Group founder Douw Steyn tops insurance rich list
BGL Group founder Douw Steyn, former Saga bosses Sir Roger and Peter De Haan and Admiral founder Henry Engelhardt are among 16 industry figures to make the latest Sunday Times Rich List.
Government urged to consider safety ahead of e-scooter trials
The UK government has been urged to “err on the side of caution” when dictating the rules of e-scooter trials next month.
Government to introduce trade credit reinsurance scheme amid coronavirus pandemic
The UK government has pledged support for coronavirus-affected businesses which rely on trade credit insurance through a temporary reinsurance agreement.
Consolidation and Covid-19 blamed for insurtech investment 'slowdown'
Consolidation and the global coronavirus pandemic have driven a slowdown in insurtech investment in the first quarter of the year, experts have cautioned, with the worst of the Covid-19 impact on funding yet to come.
This Month: Putting the insurance industry under the microscope
This month we put the insurance industry under the microscope - looking into how much progress the Lloyd's market has made to bolster diversity and inclusion in the sector, the efforts taken to pay out business interruption claims and the industry's…
Lawyers warn against rushing a dual discount rate consultation
As investment returns drop due to coronavirus claimant and insurance lawyers have urged parties not to take a short-term view on the discount rate and a possible early review of a dual discount rate saying its a time for "stability and not disruption”.
Zurich adds two to underwriting team
Zurich has appointed Ralph Brand and Chris Waterman to newly created jobs, as the insurer further simplifies its underwriting function.
AIG 58 Fenchurch Street fire claim against roofers and RSA gets go ahead
A judge has ruled in favour of AIG in its application to substitute the named claimant on its claim against roofers and RSA, allowing the property damage claim to go ahead.
Vulnerable customer numbers double as insurer conduct comes under the spotlight
The number of adults identifying as vulnerable in the home and motor insurance markets has doubled in the last year and insurers have been urged to ensure they are being inclusive as the regulator reviews their actions.
Your ‘business as usual’ April digest
We understand that while it’s important to keep bringing you up to date and important news on the Covid-19 pandemic and its impact on the industry, it’s also critical, especially while homeworking, to know what's happening outside of this. With that in…
Allianz latest coronavirus BI group action target
Allianz faces a potential group action lawsuit from policyholders that have had coronavirus-related business interruption claims rejected.
FCA digs for details on financial resilience of brokers and MGAs
The Financial Conduct Authority has sent out letters to approximately 300 brokers and managing general agents asking them to provide detailed information regarding their financial resources and client money accounts.
Industry 'did not do enough' to prepare society for pandemic, must not fail on climate: Unfriend Coal
Having previously identified both pandemic risk and climate change as the world's "greatest threat," the insurance industry must champion a green and fair recovery from the Covid-19 crisis to help avert another emergency, NGOs have urged.
ABI and Acso publish principles to support PI claims during coronavirus
The Association of Consumer Support Organisations and the Association of British Insurers have set a number of voluntary principles for insurers and law firms to follow to enable the timely resolution of disputes during the ongoing coronavirus crisis.
Coverys appoints Forster as director of underwriting
Coverys Managing Agency has appointed Robert Forster as director of underwriting with effect from June, replacing Phil Sloan who is retiring from the position.
Personal injury coronavirus protocol time frame extended
The personal injury protocol calling for solicitors and insurers to work together to mitigate the impact of the Covid-19 outbreak and protect access to justice will now remain in place for at least an extra four weeks.
McLarens adds Baldwin from Sedgwick as executive director
McLarens has appointed Neil Baldwin as executive director at its UK and Ireland business, replacing Nigel Clarke.
Politicians call for motor insurers to refund policyholders
Members of Parliament have called for insurers to refund motorists based on coronavirus lockdown savings, following Admiral's pledged £25 per customer rebate yesterday.
Admiral commits £110m towards refunds for motor customers
Admiral has pledged £110m towards automatic refunds as motor customers are staying at home and driving less during the UK-wide Covid-19 lockdown.
Analysis: Whiplash and insurer demand driving claims sector consolidation
Following Davies' acquisition of Keoghs further consolidation is expected in the claims sector and it could push mid-sized firms out of the picture.
Insurers face further storm pressure as Dennis bears down on UK
Storm Dennis will hit the UK this weekend, following a claims surge and disruption from last weekend's Storm Ciara.
More room for improvement says Zurich's Naidu as UKGI profit jumps in 2019
Zurich’s UK general insurance arm saw profit almost double and its combined operating ratio improve in its 2019 financial year.