The "significant" impact of river flooding is expected to persist over the next few days, the Environment Agency confirmed, as insurers continue to receive a surge of claims on the back of storms Dennis and Ciara.
Businesses seeking to use insurance to recoup costs incurred by the ongoing coronavirus outbreak are likely to find their cover wanting, due to a raft of exclusions, stringent notification criteria and sublimits.
Prime Minister Boris Johnson may be the Brexiteers’ main man, but can he also deliver the goods when it comes to caring for the UK’s growing elderly population?
Don't underwrite electric vehicle risks in isolation of claims: Allianz GCS practice group leader Schultz
In order for insurers to better adapt to the wider adoption of electric vehicles they need to make sure that they not managing these risks in silos, a global player has warned.
The wait began in 2017, and many of us felt that the agonising limbo might never end. But after two and a half years, the wait is finally over. That’s right: Kesha’s new album is out today.
Parametric insurance is unlikely to replace conventional indemnity products, but there is a strong likelihood that it will become more widely used, even in personal lines, in the future, a conference heard.
People buy insurance to transfer risk, not because you are 'technologically cool': Aon claims boss Harrison
Insurers and brokers should not lose sight of the fact that customers buy insurance to transfer risk, and not because a provider has something “technologically cool,” a conference heard.
2020 could prove to be a year of significant risk tipping points for insurers, many of them driven by fast-paced political and cultural change says Simon Laird, global head of insurance at RPC.
Our adjusters are encountering extreme conditions as they visit homeowners and businesses affected by #StormDennis. One of our agricultural adjusters @MaxwellPerris demonstrates the water levels people are experiencing. #CrawfordRestores pic.twitter.com/Q8EJskAplY— Crawford & Company (@crawco) February 18, 2020
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- Allianz UK operating profit drop driven by 'large number of factors': Jon Dye
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- Flood impact driving on claims surge after storms Dennis and Ciara
- Operating profit down one third at Allianz UK