Property
News
Insurer launches construction practice for UK and Ireland
’We have a large, dedicated team of experts across the country who understand that construction clients have multiple and varied insurance needs,’ says regional tech lines manager
News Analysis
Could Labour’s 1.5 million homes plan spike construction insurance claims?
’We’ll get shovels in the ground, cranes in the sky and build the next generation of Labour new towns,’ says prime minister
News
MGA launches unoccupied property product after broker feedback
’Our short-term unoccupied property insurance addresses the specific risks associated with unoccupied properties,’ says managing director
News
Former Howden and WTW executive joins Ardonagh-owned broker
Head says his expertise ’made him the perfect person for this position’
News
MGA launches new property arm and announces senior hire
’This expansion allows us to offer a more comprehensive and innovative product range,’ says appointee
News
Shift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
News
Modern methods of construction could build premiums for independent schools – Ecclesiastical
’It is vital that when clients are considering a new school building or sustainability project, they consult all interested parties,’ says director
News Analysis
What are the best performing business lines in UKGI?
Insurance DataLab reveals exclusive analysis of the five largest business lines in UK general insurance, detailing which products are currently the most profitable
IT Interview
Nick Turner: Circular economy approach could reduce cost and carbon footprint of claims
Nick Turner, head of surveying at loss adjusting firm Woodgate and Clark, explores how the insurance market can better manage claims costs while also supporting greater sustainability by embracing the concept of the circular economy
News
Differences in how FOS and insurers treat coverage disputes causing industry ‘irritation’
The compensation service prefers to review cases through a non-disclosure lens, rather than consider average clauses, says law firm partner
IT Interview
Paul Howley: From account executive to startup broker
’I have a family to look after as well, therefore it was difficult to just start from scratch,’ says managing director
News
Class action lawsuit launched over ‘national scandal’ of hidden insurance commissions for leasehold buildings
’The plight of leaseholders and their unconscionable and unlawful treatment by some freeholders is nothing short of a national scandal,’ says leading solicitor
News
Insurance Times wins Story of the Year at Biba’s Journalist and Media Awards: Read it here
The story covered the UK government’s indication that it would to ban managing agents and freeholders from taking commissions when arranging buildings insurance
News Analysis
Weathering the storm – how insurance is combating climate change risks
’We’re having increasing adverse weather events and it is undeniably off the back of climate change,’ says insurer’s chief executive
News
Ecclesiastical launches into office professionals market to satisfy broker feedback
Alongside entering new markets, the insurer is ‘selectively starting to open up conversations about supporting MGAs’ in order to further facilitate business growth, says UK managing director
News
‘Huge’ growth in property fraud is ‘non-stop’ – DWF Law
In particular, ‘cannabis farms are a big issue’ concerning commercial and domestic properties, as well as suspicious escape of water claims
News
Vapes now present major fire risk to schools – Zurich
’Disposable vapes can pose a serious fire risk as they contain lithium-ion batteries that can ignite if damaged,’ says insurer’s regional major loss manager
News Analysis
Briefing: Time for the industry to sink or swim around flood risks
Flood-related claims are on the up, heavily influenced by climate change and the uptick in named storms – the insurance industry must take a proactive stance on this risk to avoid drowning in high claims volumes
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