More than 40 law firms, medical reporting agencies and rehabilitation providers, as well as a number of major insurers, have signed up to the ACSO/ABI-sponsored Statement of Intent. The statement, which was extended for a […]
The Financial Conduct Authority (FCA) has today announced it intends to seek legal clarity on business interruption (BI) insurance to resolve doubt for businesses who are facing uncertainty on their claims. The move comes after an […]
The UK insurtech sector has enjoyed a period of huge innovation and investment, not just from the UK but across the globe, in the last decade or so. Coronavirus is bound to make companies look […]
Thank you for your letter regarding the insurance industry’s response to the COVID-19 virus outbreak. You have asked for some very detailed industry data, most of which the ABI does not collect on an ongoing […]
Zego insurance has offered to ease the burden for its customers, who are mainly self employed couriers. Here’s the statement from the Zego website yesterday; As the COVID-19 situation continues to develop, the importance of […]
The FCA has today published new guidance for mortgage lenders and administrators, and small business lenders. This supports the announcements made by the Chancellor earlier this week. Interim Chief Executive, Christopher Woolard said: ‘We want to […]
Mactavish, the leading independent expert on commercial insurance procurement and dispute resolution, is calling for the Government to consider introducing Coronavirus related emergency measures to support insurers and organisations buying cover – especially those facing […]
Twitter was ablaze yesterday with keyboard warriors all pouring vitriol on Boris Johnson and the insurance industry in general. The reason was that the impact of asking people to stay indoors will cause financial hardship, […]
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