The Chartered Insurance Institute exists to promote higher standards of integrity, technical competence and business capability and with over 120,000 members in more than 150 countries is the world's largest professional body dedicated to insurance and financial services.

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Insurers expect to pay out an estimated £560m to help customers who suffered damage caused by the recent Storms Babet, Ciaran and Debi; it is also forecast that in 2023 motor insurers will have paid out £1.14...
Insurers expect to pay out an estimated £560m to help customers who suffered damage caused by the recent Storms Babet, Ciaran and Debi; it is also forecast that in 2023 motor insurers will have paid out £1.14...
Article / 1 month ago

Storms - Batten down the hatches

At the time of writing, the UK had already suffered three major named storms – Agnes, Babet and Ciarán – which have battered the country from north to south and east to west. So far, no part of...
At the time of writing, the UK had already suffered three major named storms – Agnes, Babet and Ciarán – which have battered the country from north to south and east to west. So far, no part of...
Article / 3 months ago

New wave of Covid-19 claims

Insurers could be facing tens of thousands of UK business interruption (BI) claims for Covid-19 losses, after a recent High Court judgment in favour of the London International Exhibition Centre (ExCel). The test case,...
Insurers could be facing tens of thousands of UK business interruption (BI) claims for Covid-19 losses, after a recent High Court judgment in favour of the London International Exhibition Centre (ExCel). The test case,...
Article / 8 months ago

The claim game

You might imagine that complex claims involving multinational businesses would be the most time consuming and challenging, while routine personal claims just roll off the conveyor belt. But is that actually true? And how many...
You might imagine that complex claims involving multinational businesses would be the most time consuming and challenging, while routine personal claims just roll off the conveyor belt. But is that actually true? And how many...
Article / 8 months ago

Business interruption

Business interruption (BI) insurance is designed for companies to rely on when something stops them trading – the clue is in the title. But when it came to Covid-19 and the closures that happened as a result of the...
Business interruption (BI) insurance is designed for companies to rely on when something stops them trading – the clue is in the title. But when it came to Covid-19 and the closures that happened as a result of the...
Article / 1 year ago

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