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IPT-threat level raised - Insurance Age

IPT-threat level raised
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The British Insurance Brokers’ Association (Biba) has once again called for a freeze to the unpopular insurance premium tax (IPT) which affects all policyholders.
Currently, the rate is 12% and it was last increased in 2017 causing outcry in the insurance space after an initial increase to 9.5% in Summer 2015 then another rise to 10% in 2016.
In the April 2020 ‘coronavirus Budget’ the sector escaped further increases but with the economy in trouble due to the twin disasters of Brexit and Covid
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British Insurance Broker Association Biba , British Insurance Broker Association , Chartered Insurance Institute Cii , British Insurance Brokers 039 Association Biba , Association Of British Insurers Abi , Zurich Insurance , Insurance Premium Tax Ipt , பிரிட்டிஷ் காப்பீடு தரகர் சங்கம் பிபா , பிரிட்டிஷ் காப்பீடு தரகர் சங்கம் , பட்டய காப்பீடு நிறுவனம் கை , சங்கம் ஆஃப் பிரிட்டிஷ் காப்பீட்டாளர்கள் அபீ , ஸுரி காப்பீடு , காப்பீடு ப்ரீமியம் வரி இப்த் ,

For the Record: The week in deals featuring Allianz, Clyde & Co, Convex, Gallagher, Howden, Kennedys, LV, New Dawn Risk and Woodgate & Clark

Insurance Post
Insurance Post staff
Date announced: 14 January
Deal value: $500m (£365m)
Convex Group has secured $500m in committed preferred equity capital from affiliates of Sixth Street, a global
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Convex Group , Sixth Street , Clyde Amp Co , Davies Group , London Amp International Insurance Brokers 039 Association Liiba , Chartered Insurance Institute Cii , Axa Xl , Aj Gallagher , James Hallam , Loss Adjusting , Managing General Agents Mgas , Mergers Amp Acquisitionsm Ampa , Private Equity Pe , Hard Market , High Net Worth , ஆறாவது தெரு , க்ளைட் ஆம்ப் இணை , டேவிஸ் குழு , பட்டய காப்பீடு நிறுவனம் கை , அச்சு க்ஸல் , சதுப்பு நிலம் , அஜி கல்லாகர் , ஜேம்ஸ் ஹலாம் , பயிற்சி பெற்றவர்கள் , ப்ரைவேட் பங்கு பே , கடினமானது சந்தை ,

SMEs "disappointed" by way insurance firms handled Covid claims

Insurance Age
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Insurance Age staff
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Small and medium-sized businesses have revealed their disappointment with the way the insurance profession handled claims relating to Covid-19.
The Chartered Insurance Institute’s (CII) Public Trust Index surveyed 1,000 consumers and 1,000 small and medium-sized enterprises (SMEs) in May and September.
Throughout 2019, 82% of SMEs were satisfied with the service they had received from their insurer, but this figure has fallen to 79% for businesses polled post lockdown.
Satisfaction
Satisfacti
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Insurance Institute , Public Trust Index , Chartered Insurance Institute , Chartered Insurance Institute Cii , Corona Virus , Covid 19 , காப்பீடு நிறுவனம் , பொது நம்பிக்கை குறியீட்டு , பட்டய காப்பீடு நிறுவனம் , பட்டய காப்பீடு நிறுவனம் கை , கொரோனா வைரஸ் ,