Legal

Covid-19 Claims: Markel Faces Legal Action By Gym Owners in The USA

Leading plaintiffs’ law firm Grant & Eisenhofer has filed suit against Markel Insurance Co. for failing to accept claims from franchisees of national fitness chain Anytime Fitness that were shuttered and lost business due to state-imposed COVID-19 […]

Insurance claims

ICYMI: Class Action by Dentists Against QBE on Business Interruption Claims

Yes, we missed this one last week – useful to know how the Business Interruption arguments are unfolding in the UK; Dental practices with business interruption (BI) insurance policies underwritten by QBE today are offered […]

Insurance claims

AXA UK Expands Use of Video in Commercial Claims Settlement

AXA UK is broadening its use of live video to settle commercial property claims, as the insurer renews its contract with software provider Verisk. The ClaimXperience app is already being used by AXA’s household customers, who can […]

News

Survey Reveals Policyholders Annoyed with Refunds Issue & Video Call Tech

New research has revealed the changing face of customer enquiries throughout the COVID-19 pandemic, with video-conferencing issues having emerged as the most common complaint. These findings have been revealed following a snap poll by EvaluAgent, a leading […]

Global insurance trends

GlobalData Sees Tough Times Ahead for South Africa

South African insurance GWP is set to decline in 2020 as businesses shut up shop, and the country’s faltering economy will struggle to cope, according to GlobalData, a leading data and analytics company. GlobalData’s revised […]

News

UK Insurers Set to Pay Out £1.2 Billion in Corona Related Claims

Initial estimates from the ABI (Association of British Insurers) indicate that its members expect to pay out over £1.2 billion in claims to support businesses and individuals affected by Covid-19. This covers payments on business […]

News

Corona: Business Interruption Insurance, Latest Statement from ABI

IE Note: There is a huge wave of criticism against the UK insurance industry right now, after many people learned that they would not be covered by their business insurance policies, following the Corona Virus […]