Legal

Opinion: Business Interruption Claims May Need a Court Judgement

Flaxmans take a look at the tricky issue of business interruption claims, some interesting arguments here; “The seemingly ever-increasing variety of reasons given by insurers for not paying the BI claims was given a shot […]

Insurance Brokers

Commercial Insurance Got More Expensive in 2020 – Before Corona

Global average commercial insurance prices increased 14% in the first quarter of 2020, according to the Global Insurance Market Index released by Marsh, the world’s leading insurance broker and risk adviser. The increase, the largest since the […]

Global insurance trends

Global: Berkshire Hathaway Launches Tech Cover Down Under

Berkshire Hathaway Specialty Insurance (BHSI) has announced that it has launched Professional First Technology Liability Insurance policies in Australia and New Zealand. Both policies clearly articulate broad, customisable professional liability protection for the full scope […]

News

Ecclesiastical Launches New Cyber Risk Toolkit for Education Sector

Ecclesiastical has launched Cyber Ready, a new toolkit to help teachers engage children between the ages of nine and 13 in cyber safety lessons and it is available for free for brokers to share with […]

Lloyd's/London Market

P&I Club Transfers Occupational Disease Liability to Randall & Quilter

UK P&I Club has concluded an agreement with subsidiaries of Randall & Quilter Investment Holdings Ltd. (R&Q), an Alternative Investment Market (AIM) listed run-off insurance specialist, to transfer the Club’s occupational disease liabilities. Most occupational […]

Global insurance trends

US: Next Insurance Triples GWP, New Products, Licensed in 28 States

Next Insurance, the leading digital insurtech company transforming small business insurance, today released its 2019 growth figures, detailing additional insurance offerings across multiple new lines of business, classes of business covered, new carrier states and […]

Legal

Luminance Partners With Ascent Underwriting on AI Project

Luminance, the leading artificial intelligence platform, today announces that specialty MGA Ascent Underwriting, part of the Optio group, has integrated its innovative machine learning technology to expose potential risks across Ascent’s transactional liability portfolio. Luminance’s […]