All articles by Matt Scott – Page 4
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News
Lancashire reveals $35m coronavirus claims for Q1
The insurer’s charitable foundation has also made a £100,000 donation to coronavirus causes
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News
Allianz launches new claims hub for brokers
Portal provides end-to-end claims notification and tracking for brokers and fleet managers
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News
Admiral’s premium refund “sets precedent” for motor market
Research firm GlobalData says move will help the insurer retain customers and market-leading GWP share
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News
How The Temporary Kitchen Company Is Driving Down Alternative Accommodation Costs
The business is even helping out with the NHS response to the coronavirus pandemic
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Hiscox set to face legal action over BI claims refusal
The Night Time Industries Association has announced that it will be coordinating claims against Hiscox for its refusal to pay out under its business interruption policy
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News Analysis
Profits Exposed: Admiral, DLG and Esure rely on reserve releases for underwriting profit
Analysis of the 2019 financial results reveals the ways insurers make profit, and how their revenue streams have changed
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Industry leaders come together to form new coronavirus steering group
The group will work with Pool Re to formulate the industry’s response to the covid-19 pandemic
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News Analysis
Motor insurance and coronavirus: Golden era or further misery?
The coronavirus pandemic has presented a number of challenges for the insurance industry, but the motor market is uniquely placed in that tighter lockdown conditions may actually result in improved claims experiences for insurers
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QBE to raise $825m new equity capital in wake of coronavirus pandemic
The insurer said in an announcement to the Australian Stock Exchange that the extra capital would come in the form of a new equity placement and a share purchase plan
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News
Sabre shrinks book as it continues to push through rate increases
Insurer’s combined operating ratio climbs 2.8 percentage points, but remains a highly profitable 73.4% as it expects pricing pressures to ease
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IT Interview
Ex-Jelf boss Phil Barton aims to build ‘next generation’ broking business
Insurance Times spoke to new Partners& chief executive Phil Barton to hear his plans for the future of the business and why he thinks the broking industry is in need of a reset
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News
Ex-Jelf boss Barton returns with star lineup in new broker
The broker will be led by chief executive Phil Barton, while Stuart Reid will fill the role of chair of the board of directors
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Carrot encourages policyholders not to drive by offering double rewards
The move from the telematics company is in response to Public Health England urging people to stay at home during coronavirus lockdown
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Inside the cyber market with Sayata Labs’s Kingsley Flynn
Flynn says the market is still dogged by past perceptions of how restrictive and confusing cyber policies were in the early days of the product coming to market
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Insurers face solvency squeeze as coronavirus wreaks havoc on financial markets
Investment bank Berenberg issues warning as the Covid-19 pandemic continues to spread across the globe
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Agenda
How the rise of AI could change the face of insurance
Artificial intelligence is making huge inroads into what were once professional occupations, including selling insurance. But in areas such as medicine, who pays if something goes wrong?
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FOS reveals most complained about insurers
New data from the Financial Ombudsman Service reveals which insurers consumers are complaining about the most
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News
Ethos buys midlands broker Perry Appleton
The Compass Network member controls £7m of GWP from is Rugby-based office
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Insurance industry wants cut to IPT in new Chancellor’s first budget
A tax cut would boost insurance uptake and improve road safety, industry says