Aviva Publishes 2019 Life & Illness Claims Payout Data
Aviva individual protection policies paid out £981,997,431 to more than 26,500 UK customers and their families during 2019, with just 3.7% of all claims received being [...]
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FCA Urges Insurers to Pay Corona Claims, Where There is Pandemic Cover
The FCA has published an open letter today to all UK insurers, which notes that most Business Interruption policies do NOT have pandemic cover included. But the regulator [...]
Mactavish Comment on Corona; Govt Must Provide Immediate Support
Mactavish, the leading independent expert on commercial insurance procurement and dispute resolution, is calling for the Government to consider introducing Coronavirus [...]
CoronaVirus Cancel Culture: This Could Cost Events Organisers Millions
Straight talking from the Editor’s laptop; How many more shows and events will be cancelled in the next few months? The Geneva Motor Show was cancelled earlier this [...]
Insurers Must Respond to Storm Delays, With Automated Payouts & Assistance
As airlines and ferry companies are far more likely to cancel services now during spells of bad weather, it pays for insurers and brokers to offer exact definitions of what [...]
Huge Costs to Insurers & Economy, As Australian Fires Continue to Spread
Insurance companies and other businesses are counting the cost of the Australian bushfires, with thousands of claims already in, and many more expected. It is one of the [...]
YouGov Survey Finds Most Brits Believe Insurers Dodge Paying on Claims
New YouGov research shows that when it comes to public perception of the insurance industry, the majority of Brits have a negative view. Currently, most Brits hold at least [...]
Hurricane Dorian: RMS Estimate Potential Costs of $6.5bn
RMS, a leading global risk modeling and analytics firm, has estimated that insured losses to the Caribbean from Hurricane Dorian will be between $3.5 and $6.5 billion. This [...]