Understand breach vs fundamental breach in insurance claims with real case insight. Learn when insurers can reject claims and when they cannot. In insurance claim assessment, one of the most critical distinctions professionals must understand is the difference between a breach of policy condition and a fundamental breach. This is not just a technical concept—it…
In a recent development, Tim Bailey, the CEO of Zurich UK, has taken on the prestigious role of the president of the Association of British Insurers (ABI). The appointment of Bailey as the ABI president comes as a result of the governance changes implemented in 2021. He succeeds Barry O’Dwyer, the group CEO of Royal…
Chubb Climate+, a leading insurance provider, has announced the launch of its latest product, Climate+ Renewables, designed to bolster the growth of renewable and alternative energy projects in the UK. The solution caters to small to medium renewable projects worth up to £50m in contract value, focusing on onshore wind and ground-mounted photovoltaic solar. Climate+…
Discover the essential fundamentals of insurance in a quick 2-minute read! Uncover key insights and gain a solid understanding of insurance basics to make informed decisions. Your comprehensive guide to navigating the world of insurance effortlessly. Executive Summary Insurance is a form of risk management that offers financial protection against unforeseen losses by transferring the…
Insurance is meant to protect you from financial losses, but small mistakes can lead to denied claims or inadequate coverage when you need it most. Here are seven common insurance mistakes that could cost you money—and how to avoid them.
What is the new role that Adam Clifford will assume as the Division President of International Casualty Business at Chubb, and what are his responsibilities in this position? Chubb, a leading publicly traded property-casualty insurance company, has announced the appointment of Adam Mason as the executive vice president of casualty for Overseas General Insurance. In…
Specialist MGA, Avid Insurance, has chosen Allianz Partners UK (AzP UK) as its new capacity provider for underwriting travel policies sold through Avid’s network of partners. AzP UK is a leader in B2B2C insurance and assistance and has made notable travel insurance acquisitions in recent years, making it a significant player in the UK’s travel…
