Tesco buys out Ageas stake in underwriting business
It will enable Edinburgh-based Tesco Bank to create an end-to-end insurance business, it said.
Aside from the cash element, Tesco will...
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Urgent and Important
“The urgent always gets in the way of the important” – 3 reasons this wisdom is dead for insurance technology
The urgent in business is...
Insurers drop appeal against UK COVID-19 payout ruling on policies
Insurance Group PLC, QBE Insurance Group Ltd., Hiscox Ltd., MS Amlin PLC, Argenta Holdings Ltd. and Arch Insurance Group Inc. were...
Covid as a Catalyst for Transformation
2020 has changed everything for everybody. For insurers, the list of challenges is exceptionally broad and highly complex. Is it possible...
Briefing: Why FCA-hit aggregators will likely squeeze insurers harder
“Listen, here’s the thing. If you can’t spot the sucker at the first hour of the table, you ARE the sucker,” says young poker player Mike...
Insurers, higher compensation bills and 'The Pit of Despair'
The general insurance market has been hyper competitive since the day you probably joined it but never has a combination of regulatory,...
Detected Insurance Fraud - new data shows that every five minutes a fraudulent claim is discovered
You could not make it up – but they did. Every five minutes a fraudulent insurance claim is uncovered
- 107,000 fraudulent insurance claims...
Shades of UK Business Interruption Claims test case in Bavaria
Business interruption claims follow similar path to UK as Bavarian hospitality industry tests its rights under policy coverage wording.
FCA Business Interruption test case appeal confirmed for Supreme Court
Unless insurers and the FCA agree a settlement before hand the business Interruption (BI) claims test case will be heard at the Supreme...
Businesses face insurance delays as UK court appeal edges closer
FCA fails to reach agreement with insurers over implementing High Court ruling
Looks like the outcome of the FCA Test Case of Business...
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