Keep up to date with the latest insurance news in our weekly round-up…

 

Brexit uncertainty ‘could lead to interest rate cut’

The Bank of England may need to cut interest rates should Brexit uncertainty persist, one of its policymakers has said.

Number of empty shops in UK at highest level for five years

Nearly 12% of retail sites were unoccupied in first half of 2019, data shows, with chains hit by rising costs and low consumer confidence.

Aon introduces AI-powered claims analysis platform

Global re/insurance broker Aon has announced the launch of ClaimsMonitor.X, an artificial intelligence-driven platform that can quickly analyse claims notes and provide insights into an insurer’s efficiency and profitability.

Insurers top ranking of least-trusted companies

Insurers are among the least-trusted companies in the UK and cannot answer over half of routine questions asked of them by customers online, a new study has uncovered.

Lloyd’s of London boss calls for end to daytime drinking in wake of damning harassment survey

The boss of Lloyd’s of London’s warned insurers to curb their daytime drinking habits or face being expelled from the insurance community.

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