All UK articles
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NewsInsurtech UK to tap into US market with new insurance corridor
Insurtech startup trade association Insurtech UK yesterday (10 March 2022) launched an insurance corridor between the UK and Connecticut, USA.
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UK terror threat level raised to severe
Following two incidents over the past month there is concern mass gatherings could be targeted
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Panic buying risks return to UK
A lack of HGV drivers and increase in wholesale global gas prices is a concern for businesses and energy suppliers
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Insurers ‘bullish’ about London’s future post Brexit
Technology and automation are ‘top strategic’ priorities but more complex regulations remain a challenge
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Zurich bounces back from pandemic with best underwriting result in years
Zurich UK posted its strongest underwriting profit in five years, with a combined ratio of 80.8% for the first half of this year.
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UAE and UK set to sign multibillion-pound clean energy and tech investment deals
Britain’s Office for Investments, an agency set up this year to promote and channel investments into the UK, expects to get more clarity on the size and scope of potential deals and how they will be structured by the end of June.
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Bank of England tells firms to promote own ‘RegTech’ products
Britain’s financial regulator called on Friday for the regulatory technology industry to press their own case for the greater adoption of cost-saving ways to automate compliance and spot money laundering, rather than expecting it to do so.
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AM Best: UK Commercial Property Insurers Looking Beyond Difficult 2020
Disputes around non-damage business interruption (BI) cover, which made 2020 a difficult year for U.K. commercial property insurers, should subside in 2021.
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FloodFlash pays Storm Christoph catastrophe claim in 9 hours 44 minutes
It means that policyholders can be paid their claim on the same day
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Zurich warns of ‘double disaster’ as Storm Christoph batters England and Wales amid pandemic
Storm Christoph has raged through England and Wales, adding further strain on the UK as it battles the ongoing coronavirus pandemic. Some insurance industry experts, however, have stepped in to offer support, advice and a solution
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Up to 4,000 financial firms could fail due to COVID, says UK regulator
The FCA surveyed 23,000 financial firms to check on their resilience to COVID-19, which last year triggered Britain’s worst economic downturn in 300 years.
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UK plans for self-driving cars threaten safety - insurance group
British government plans that could allow self-driving cars on motorways as soon as 2021 would put lives at risk because the available automated technology falls well short of human driving capabilities, UK insurance group Thatcham Research said on Friday.
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Marsh Commercial to help Britishvolt establish largest UK facility for Lithium-Ion battery production
Marsh Commercial today announced that it has secured an agreement to provide risk and insurance solutions to Britishvolt, a manufacturer of lithium-ion batteries for energy storage and electric vehicles, for its gigaplant. Set to be the first of its kind in the UK, the facility is on track to be ...
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People & Opinion
Berkshire Hathaway Specialty Insurance Expands Mining Underwriting Capabilities to UK
Berkshire Hathaway Specialty Insurance (BHSI) today announced that it is expanding its global mining underwriting capabilities to the UK, and named Matthew Gooda as Senior Underwriter, Property, and Alun Morris as Risk Control Consultant, focused on the sector. “We are pleased to expand our global team and expertise with ...
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Viewpoints
Briefing: Insurers need to prepare for the economic and social fallout from Covid-19
The coronavirus pandemic has created a new world for insurers to operate in, and it is one that is made up of new and increased risks. Insurers will need to adapt to this new risk landscape if they are going to thrive in the new normal By insights editor ...
