As Her Majesty the Queen delivered her all-important speech to open parliament, insurers had a lot to think about.
The Ministry of Justice’s decision to set a new discount rate for personal injury compensation awards at minus 0.75% seems likely to create turbulence in the market. Following widespread criticism, the government is currently reviewing feedback from its…
Japan-headquartered insurer MSIG has launched a telematics car mobile app in Singapore based on driving behaviour.
Exclusive: The Association of British Insurers warned the government last month over the hazards of flammable cladding on high rise buildings like Grenfell Tower, according to documents seen by Post.
Exclusive: Insurers have issued advice to local council customers, after it emerged that the government will test the fire risk of cladding on 600 buildings.
With trials of driverless car fleets now occupying our national roads, the motor sector is getting an upgrade like never before.
It is unclear whether UK nationals will be able to use the European Health Insurance Card after Brexit. If they don’t, travel insurers expect higher claims costs and higher premiums.
Brexit is increasing the costs sustained by travel insurers, which can no longer afford to cut premiums, says Antony Martin, managing director at Rock Insurance.
RSA has signed up to a pet claims database in order to better tackle fraud.
Latest commentary from the industry regarding the Queen's Speech.
Claims management companies will see fees capped and the sector regulated by the Financial Conduct Authority, under plans to tackle “widespread malpractice”.
The government has put whiplash reform back on the agenda with a promise to tackle “rampant compensation culture” in the Queen’s Speech.
The Financial Conduct Authority has launched a public consultation to see if changes are needed to make it easier for people with cancer to get travel insurance.
The cut to the Ogden discount rate will push up motor premiums by 7% by January 2018, according to analysis by ERS.
A negative discount rate can have negative consequences for claimants, writes Andrew Parker, head of strategic litigation at DAC Beachcroft.
The Motor Report is out - but what do the experts think of the findings?
Some are sounding the death knell of the personal injury reforms but Rob Townend, claims director at Aviva Insurance, explains why insurers must be alive to an increasingly aggressive claims management company industry.
Claimant personal injury solicitors expect the discount rate to move back up as a result of the government’s consultation.
The generosity and heroic nature of Londoners came to the fore this week, when after two recent terrorism attacks the city saw the worst fire in recent history. Firefighters were heralded for entering the 24-storey flaming building and the community came…
Customer expectations have changed. Technological advances in the past five to 10 years have refocused entire industries on providing ‘real-time’ customer care. Mark Southern, commercial director for the WPA Group, explains that while insurance…
The Norwegian company responsible for insuring the Grenfell Tower, which burned down yesterday, said reinsurers will bear the majority of the claims costs.
The change to the Ogden discount rate from 2.5% to negative 0.75% is predicted to cost the market £3.5bn across all lines of business.
With some of the most congested roads in Europe and tailgating a major cause of low speed accidents in the UK, Brett Dixon, Association of Personal Injury Lawyers president, urges insurers to join his member in supporting Injury Prevention Day.
The Wanna Cry ransomware attack is going to bring into light cyber wordings and terrorism exclusions, explains Hermes Marangos, partner at Signature Litigation.