Insurance is only really tested at the point of claim and over the past 25 years the British Insurance Awards have celebrated the industry’s efforts to return the customer to where they were before the claim. Since 2003 major loss has been a standalone…
Festivals are growing in size, number and scope. They are rapidly becoming a more immersive experience, rather than solely about music. With these changes come wide-ranging additional requirements for cover and a need for the insurance sector to innovate
Smashing targets for Shelter, resourcing research and taming the tides
A changing risk landscape is creating new challenges for SMEs and those tasked with providing the sector with insurance. But SMEs need to evolve as newer risks such as cyber attacks and data protection – along with the raft of uncertainties around Brexit…
Pool Re, the UK’s state-backed terrorism reinsurer, has launched the first ever catastrophe bond to exclusively cover terrorism risk.
State-backed terrorism insurer Pool Re will no longer offer contingency cover, as the commercial market believes it has the capacity to take back control.
‘Heartless’ insurance fraudster who made false Grenfell, Manchester Arena bombing and London Bridge terror attack claims jailed
A woman who made more than 50 fraudulent claims, including some involving the Grenfell Tower fire, Manchester Arena bombing and London Bridge terror attack, has been handed a jail sentence.
The Motor Insurers' Bureau hopes to secure £400m worth of reinsurance cover with an excess layer of £100m, ahead of the demutualisation of terrorism risks for third party motor on the 1 January 2019.
The fallout of the suspected attempted chemical murder in Salisbury has exposed the intricacies of business interruption policies
The insurance market and the tourism industry have not always had reputations for embracing the latest technology. But things are changing and digital advances such as geo-location and data analytics will only help accelerate the pace of change
As Swinton meets its match in Ardonagh, the insurance courtship game has continued to hit headlines.
Business travel insurance might cover the same risks as leisure policies but, because it underwrites and compensates differently, it places a much stronger emphasis on risk management
Exclusive: Two victims of the Westminster terror attacks have had compensation paid by Zurich, the insurer of the hire car.
The director of an insurance firm has been jailed for two years after she claimed her daughter had been injured in the 22 May Manchester Arena terror attack.
As business insurance is increasingly sold online, Peter Blanc, group CEO of Aston Lark, warns against insufficient cover and lack of advice.
The controversy over the proposed Civil Liability Bill has centred on whether the changes represent a good deal for consumers or for the insurers.
When my two-year-old licked the sole of her shoe, I tried not to laugh as that might encourage her. But she caught my badly repressed smile and… licked the second shoe. So much for deterrence.
Cyber terrorism is still very much a hypothetical threat but, with governments investing in cyber security to foil attacks, it’s a risk that insurance markets are watching closely
As insurance tries to attract talent and adapt to emerging risks, the London market is increasingly turning towards the military for new recruits
UK motor insurers have voted that the Motor Insurers' Bureau is to handle and pay the claims from victims involved in a terrorist event where a vehicle is used as part of a terror attack.
The French compensation fund has so far paid out more than €75m (£67m) to over 2600 victims and relatives of casualties of the November 2015 Paris terror attacks.
A French court has rejected the claim filed against the French state by people who were injured or whose relatives died in the Paris attacks in November 2015.
The September renewal period for the education sector is fast approaching, providing brokers with an opportunity to explore cover options for new and emerging risks, explains Faith Kitchen, education director for Ecclesiastical.
Two years after the truck attack in Nice, southern France, the terror compensation fund has paid out €37m (£33m) to 2135 victims, who were either injured in the attack or are relatives of casualties.