Keep up with what has been happening this week in our latest insurance news round-up…

51% of Small to Medium sized businesses have cut back on insurance policies due to Covid-19 pandemic

A study by Premium Credit, a premium finance provider has shown that slightly over half of companies have stopped paying for essential insurance policies to help keep their businesses stable during the pandemic.

NTT Data appoints a new head of insurance to lead their UK arm

NTT Data UK has appointed Dean Gulzar as their head of insurance. Gulzar has previously worked as an executive at consulting firms Deloitte and PwC and will bring over 20 years’ financial services and insurance experience to the role.

Claims Management firm fined £250k for unsolicited marketing calls

Reliance Advisory Limited, a claims management firm, has been fined £250,000 by the Information Commissioner’s Office for breaking the law by making over 15 million calls to market their claims management services, which is banned in the UK.

New Covid-10 lockdowns could affect economic recovery as FTSE 100 may see biggest monthly drop

FTSE 100 may have its biggest monthly drop since March as the index may be on course for a monthly drop of nearly 5%. after stocks in London have been down for the fifth straight session on Friday.

Covid-19 death risks could be link to air pollution

A study published in the Cardiovascular Research scientific journal has shown that 15% of worldwide Covid-19 deaths were linked to long-term exposure to air pollution with figures being as high as 27% in East Asia.

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