Claims Club News: Insurers warned that independent Scotland would hit them in the pocket

An independent Scotland would cost insurers more in claims, according to BTO’s insurance group head Bill Speirs, who maintains that proposals to increase earnings north of the border will impact reserves.

The referendum on Scottish independence will take place on 18 September, with the potential first sitting of an independent Scottish government scheduled for 5 May 2016.

Should independence come into

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How to support insurance customers in vulnerable circumstances

As the Financial Conduct Authority intends to check claims-handling response times, and whether insurers are doing enough to help customers in vulnerable circumstances, Winn Group chief information officer Clint Milnes explains what providers need to do to meet the watchdog’s expectations.

How insurers should navigate supply chain disruption

With supply chain disruption continuing, Bill Bradshaw, operations senior vice president for London operations at FM Global­, says companies need to prioritise resilience and proactive prevention measures beyond insurance reliance.

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