insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2020 COVID-19 boosts usage-based insurance popularity https://www.insurancenews.com.au/international/covid-19-boosts-usage-based-insurance-popularity https://www.insurancenews.com.au/international/covid-19-boosts-usage-based-insurance-popularity Usage-based insurance has been given a popularity bump by the COVID-19 pandemic as social distancing and lockdowns see car owners drive much less...

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Mon, 06 Jul 2020 13:00:00 +1000
UK insurers explain how grants impact BI claims https://www.insurancenews.com.au/international/uk-insurers-explain-how-grants-impact-bi-claims https://www.insurancenews.com.au/international/uk-insurers-explain-how-grants-impact-bi-claims The Association of British Insurers has rejected accusations that the industry is trying to use the UK Government’s pandemic financial grants as a subsidy to avoid paying business interruption claims...

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Mon, 06 Jul 2020 12:59:00 +1000
Wimbledon won’t get pandemic cover renewed https://www.insurancenews.com.au/international/wimbledon-wont-get-pandemic-cover-renewed https://www.insurancenews.com.au/international/wimbledon-wont-get-pandemic-cover-renewed Organisers of major events are unlikely to be able to secure pandemic cover for business interruption in the immediate future, making sporting tournaments and other events extremely risky for organisers until a vaccine is available, GlobalData says...

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Mon, 06 Jul 2020 12:58:00 +1000
Lloyd’s taps insurtechs for pandemic solutions https://www.insurancenews.com.au/international/lloyds-taps-insurtechs-for-pandemic-solutions https://www.insurancenews.com.au/international/lloyds-taps-insurtechs-for-pandemic-solutions Three insurtechs focused on pandemic-related solutions and products have joined Lloyd’s incubator program for promising digital start-ups...

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Mon, 06 Jul 2020 12:56:00 +1000
Allianz arm embarks on turnaround plan https://www.insurancenews.com.au/international/allianz-arm-embarks-on-turnaround-plan https://www.insurancenews.com.au/international/allianz-arm-embarks-on-turnaround-plan Allianz Global Corporate & Specialty, the industrial insurer of Allianz Group, has set out on a "comprehensive transformation" program to turn around its business by 2024...

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Mon, 06 Jul 2020 12:45:00 +1000