Articles by Jen Frost
Markel told to pay £16m damages in Braganza test dispute
A judge has ruled against Markel and ordered it to pay damages of £16m in a long-running dispute with lender UK Acorn Finance.
Nightlife trade body to coordinate claims against Hiscox on BI
The Night Time Industries Association has sought legal counsel on its members' rights on refused business interruption policies.
Whiplash reforms pushed back into 2021
Whiplash reforms, including the implementation of the claims portal, have been pushed back to April 2021 due to the coronavirus pandemic.
Axa XL proposes restructure as it reshuffles leadership team
Axa XL has revealed changes to its leadership team, with UK legal entities CEO Paul Greensmith departing and further ‘reorganisation’ expected.
Blog: Coronavirus business interruption insurance – devil is in the detail for Hiscox and others
Most businesses will not be insured for Covid-19 disruption and in many cases the wording is clear cut. But for others, the devil is in the detail and policy wordings suggest that insurers should cough up vital interim payments sooner rather than later.
Nightlife broker seeks legal advice after QBE rejects clients' Covid-19 claims
NDML Insurance Specialists, an insurance broker that caters to nightclubs, has sought legal advice after around 60 of its clients had claims for coronavirus-related closures rejected by insurer QBE, Post has learned.
Most Brits unaware of motor insurance gender ban or where it came from
Exclusive: The majority of UK consumers are not aware that insurers cannot use gender as a factor in pricing for motor insurance or where the ban came from, research commissioned by Post has shown.
Hiscox rejects 'Public Authority' clause interpretation as coalition of BI claimants threaten class action
Hiscox faces a potential class-action lawsuit from policyholders that have had business interruption claims rejected.
Insurtech Parasol pushes pause after capacity provider blow off
Exclusive: Insurtech Parasol has pressed pause on plans to trade, which it said was due to its original capacity provider pulling out.
Bank of England’s warning: Which insurers have put pay to dividends?
A flurry of insurers have pushed pause on dividend payouts following Bank of England and European Union warnings on being prudent in the face of the coronavirus crisis.
Staveley Head buyer to move ‘majority’ of customers to A-rated paper
One Sure Insurance, which has purchased in-administration Staveley Head's intellectual property and renewal rights, will look to place the majority of its new buy’s customers with A-rated insurers.
Retroactive coronavirus pay outs would ‘seriously threaten the stability’ of global insurance industry
Global insurers have warned governments that if they impose retroactive pay outs for Covid-19 this will make it difficult if not impossible for insurers to respond to the crisis and other insured events.
Tribunal finds MD Insurance Services treated disabled employee ‘unfavourably’
Structural defects warranty insurance provider MD Insurance Services treated an employee with a disability "unfavourably", an employment tribunal has found.
QBE reveals replacement for international CEO Richard Pryce
Jason Harris will take over from Richard Pryce as QBE CEO, international, when the incumbent retires at the end of the year.
Trade credit insurers in cover limits and pricing re-think
Trade credit insurers are looking at pricing and cover limits as the coronavirus crisis continues to unfold, Post understands, as they warn virtually no sector will be left unaffected by the pandemic.
Avantia CEO dispels sale rumours
Mark Eastham, Avantia CEO, has dismissed rumours that the company is for sale.
EU regulator urges insurers to scrap dividends and share buy backs due to Covid-19
Insurers should suspend discretionary dividends and shareholder bonus payouts until the impact of the coronavirus pandemic becomes clearer, the European Union insurance regulator has warned.
Saga leans on insurance arm as coronavirus halts travel operations
Saga’s in-house underwriter saw profits slide in 2019/20 as its travel operations face continued coronavirus disruption.
PRA warns insurers on shareholder payouts and remuneration
The Prudential Regulation Authority has warned insurers to “pay close attention” to protecting policyholders and supporting the economy when considering how profits are dished out.
Your 'business as usual' March digest
We understand that while it’s important to keep bringing you up to date and important news on the Covid-19 pandemic and its impact on the industry, it’s also critical, especially while homeworking, to know what's happening outside of this. With that in…
Blog: Insurers take coronavirus BI rap for now, but will banks emerge as the real villains of the piece?
With business interruption payouts (or lack thereof) in the spotlight, news editor Jen Frost asks whether the banks are about to take over from insurers as public enemy number one.
Tribunal dismissed Eldon and Leave EU bias and unfairness claims despite ICO handling errors
While it acknowledged issues with the Information Commissioner's Office's handling of Eldon and Leave EU fines and audit notices, a tribunal has found its actions did not amount to bias, procedural unfairness or unlawfulness.
This week: Following the herd
Following sunny weekend scenes of revelers and holidaymakers, packed out tubes and stockpiling shoppers, at the start of this week the UK finally entered something vaguely resembling a lockdown.
Insurance gig economy services hit pause with self-employed government grants expected in June
The government today announced additional financial measures to help the self-employed, with insurance gig economy platforms We Go Look and Shepper having hit pause on jobs earlier this week.