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Covid-19: FCA calls on insurers to treat customers fairly during crisis

Regulator sets out expectations amid coronavirus for travel, motor and home insurance, product suspensions and renewals as it highlights the important role of the broker in helping vulnerable customers.




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Covid-19: Are you a key worker?

Biba's Graeme Trudgill outlines the relevant areas for brokers as the FCA tells firms how to identify key workers in financial services.




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Covid-19: Six month MOT exemption announced

The AA said it had raised MOT concerns with transport ministers last week.




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FCA data reveals complaints numbers soared in H2 2019

Regulator reports 75% increase in PPI complaints ahead of 29 August 2019 deadline.




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Covid-19: Industry welcomes "firm and pragmatic" FCA message on BI claims

Sector responds to the regulator's Dear CEO letter calling on insurers to pay valid claims quickly.




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Open GI to headline Broker Expo 2019

More than 1,000 brokers to attend 7 November event.




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People Moves Round-up: 7-11 October 2019

Keep track of the past week’s market moves.




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Covid-19: Software houses release continuity plans

Updated: No interruptions to services are expected, but some staff are expected to remain at their offices.




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Covid-19: Insurtech UK calls on Chancellor for start-up support

The insurtech body has signed an open letter seeking additional support for start-ups from the government, as well as warning insurers against turning away from insurtech partners.




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Covid-19: Niall Barton calls on insurers to support insurtechs

The Insurtech UK chairman and Wrisk executive chairman said the “mini meteorite” of Covid-19 has put insurtechs at risk of underfunding.




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Covid-19: App-based broker Lenny closes down after backers exit

Short-term car insurance broker says the Coronavirus outbreak made it a "frustratingly unfavourable landscape" to find a new backer.




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MHI Announces Outline of FY2019 First 3 Months Financial Results Ended June 30, 2019 (Consolidated)

Tokyo, August 5, 2019 -- Mitsubishi Heavy Industries, Ltd. (MHI) today announced its consolidated financial results for the first three months of fiscal year (FY) 2019 ended June 30, 2019.




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MHI Publishes Integrated Report "MHI Report 2019"

・ Presents MHI Group's growth strategies and initiatives to address social challenges




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MHI Announces Outline of FY2019 First 6 Month Financial Results Ended September 30, 2019 (Consolidated)

Tokyo, October 31, 2019 - Mitsubishi Heavy Industries, Ltd. (MHI) today announced its consolidated financial results for the first six months of fiscal year (FY) 2019 ended September 30, 2019.




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MHI Announces Outline of FY2019 First 9 Month Financial Results Ended December 31, 2020 (Consolidated)

Tokyo, February 6, 2020 - Mitsubishi Heavy Industries, Ltd. (MHI) today announced its consolidated financial results for the first nine months of fiscal year (FY) 2019 ended December 31, 2020.




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North Carolina’s Sustainable Forestry and Land Retention Project delivered strong results in 2019

Programs and partnerships help underserved communities excel in the forestry business.



  • Sustainable Business Practices

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Black-throated finch wins 2019 Australian bird of the year

The 'subtly stunning' songbird needs attention like this to save it from habitat loss, conservationists say.




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OMRON's Global Service Center will suspend operations from August 11 to 19.

Topics




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Omron will be exhibiting in INTERNEPCON JAPAN held at Tokyo Big Sight from Jan.19 to Jan.21, 2011.

Topics




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LG314/621/19/032

Detail Design and Specification of Stapylton Sewage Catchment Diversion




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LG314/1211/19/163

Construction of the sewer rising main by horizontal directional drilling for Isle of Capri Bridge




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LG314/765/19/003

Supply, Install and Commissioning of Traffic Signals and Intelligent Transport System Infrastructure.




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Covid-19: The ultimate stress management test

Opinion: Philippa Wilkin, former underwriter and mindfulness expert, explores ways to manage anxiety during the coronavirus pandemic.




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Covid-19: SME brokers eligible for government bounce back loans

HM Treasury confirmed to Biba that small and medium-sized brokers are eligible for the scheme.




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FCA zones in on client money amid Covid-19

The FCA has asked up to 300 firms to provide financial information on client money, staff furlough, debt and cash.




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Covid-19: Are brokers taking pay cuts to get through the crisis?

After Aon stated that 70% of its staff are expected to take reductions in salary as the business tackles the economic impact of the coronavirus, other UK brokers reveal a mixed approach to the situation.




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Axa UK reveals revenue growth for 2019

Provider posted rising revenues in both commercial and personal lines.




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ERS says Ogden drove up COR in 2019

Profit and GWP improved at the motor provider.




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Profits fall at Direct Line in 2019

COR deteriorated to 92.2% as provider says results were impacted by Ogden and restructuring costs.




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Be Wiser stems losses in 2019 results

Broker posted a loss of £669,000 for 2019 as it projects a return to profitability in 2020 as a result of streamlining and reorganisation.




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LV suspends travel insurance due to Covid-19

Provider says existing customers will not be affected by the move.




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Covid-19: Brokers ban meetings and push remote working

Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.




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LV's underwriting profit falls by 39% in 2019

But CEO Steve Treloar says premiums in the provider's broker business has grown by 24% after Allianz's personal lines business transferred to LV.




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Covid-19: ABI highlights insurer motor and home commitments

The body outlined the insurer response to Financial Conduct Authority guidelines as providers waive renewals for key workers.




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Covid-19: Disrupters pressurise motor insurers to return premium

On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.




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Covid-19: Stephen Catlin heads up industry steering group on pandemic response

The group, which has members including Aviva's Maurice Tulloch and RSA's Stephen Hester, is working closely with Pool Re to develop solutions to the crisis.




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Complete our survey: How has your business been hit by Covid-19?

Survey aims to find out how the industry has changed its working practices, the challenges faced by professionals working remotely and how brokers feel insurers have responded to the pandemic.




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Catlin calls on industry to repair reputation following Covid-19 response

Exclusive: Stephen Catlin slams "unfortunate" lack of sympathy to policyholders in messages from the sector and pushes back at claim that the industry steering group on pandemic response is a PR gimmick.




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Covid-19: Total claims pay-outs expected to reach £1.2bn

The ABI says insurers are expected to pay £900m towards business interruption claims.




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Covid-19: Measures to maintain personal injury claims process launched

The ABI and the Association of Consumer Support Organisations have developed a statement of intent recommending remote video examination and rehabilitation.




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Ecclesiastical launches Covid-19 social media guide

The document has been developed to help brokers navigate platforms such as Twitter and Linked In throughout the outbreak.




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Covid-19: Should all motor customers get a rebate?

Updated: Major insurers including Axa, Aviva, Ageas, LV and Zurich respond on automatic rebates as motor disrupters say the Admiral £25 move does not go far enough and questions are raised about the gesture.




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Covid-19: Hospitality group forms to fight insurers over BI

The group is being advised by Mishcon de Reya and will look into claims denied by any number of insurers naming Axa, China Taiping, RSA, Touchstone, and Zurich but excluding Hiscox.




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Covid-19: Hiscox considers equity raise

Provider states it is "evaluating possible sources of capital" to respond to the pandemic.




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Covid-19: QBE latest provider facing legal action after denying BI claims

Simon Sloane, partner at law firm Fieldfisher, says over 40 policyholders in the dental sector are interested in pursuing action.




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Covid-19: FCA urges firms to consider premium reductions and payment holidays

The regulator issued a raft of measures today (1 May) for how financial services firms should behave while coronavirus grips the nation.




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Covid-19: Product value under FCA microscope

Providers urged to consider how value of products has changed as customers alter behaviours during coronavirus with product refunds proposed.




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Brokers under threat in Covid-19 BI dispute

Experts have warned that business interruption could be “the next PPI for brokers “as FCA seeks legal clarity on BI wordings.




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The stats: March 2019 - The Acturis Premium Index

The latest stats show that 2018 was a flat year for insurance premiums although some lines have bucked the trend with modest increases




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The stats: June 2019 - The Acturis Premium Index

The first quarter of 2019 has seen positive premium movements across the board with packages as the only exception