Claims
Insurers risk being ‘left behind’ if they don’t share data
Insurers that don’t share claims data with the wider market risk being “left behind”, LexisNexis Risk Solutions’ James Burton has told Insurance Post.
MoJ told to fix whiplash before introducing more reform
Panellists speaking at an Association of British Insurers event about civil justice urged the Ministry of Justice to fix the whiplash reforms before bringing about any new further changes that affect the motor insurance sector.
Implementing dual PI discount rate could be ‘complicated’
Speaking at an Association of British Insurers event, a panel of experts agreed that while a dual discount rate could lead to better accuracy, it could prove to be very complicated to work with.
Storm Babet to cost insurers at least £450m
Fresh estimates from PWC calculate the costs of damage due to the severe weather caused by storm Babet to be between £450m and £650m.
Why cannabis farms are a growing problem for property insurers
Analysis: Fiona Nicolson examines why the illegal cultivation of cannabis is a growing problem for both residential and commercial landlords as well as the wider community.
Blog: How MOVEit highlighted supply chain issues in insurance
Charles Clarke, director of insurance at SecurityScorecard, examines the painful lessons for insurers that have come as they realise their clients’ third and fourth-party vendors pose some of the most serious and systemic cyber risks.
Football clubs and insurers set for 2025 courtroom clash
A legal dispute between several Premier League football clubs and their insurers over Covid-19-related business interruption payouts is set to go to trial in 2025, according to a court order.
Liberty and Axa XL settle Pizza Express BI battle
Pizza Express has settled its legal dispute with two insurers over what business interruption payout was due to it for Covid closures, according to a court order.
Trade Voice: MGAA’s Mike Keating on why collaboration is key to delivering claims outcomes
Mike Keating, CEO of the Managing General Agents’ Association, examines why more than half of MGAs think improvements to claims processes are needed.
‘Financial turmoil’ drives wave of SME Covid BI lawsuits
A law firm claiming to represent thousands of SMEs has initiated dozens of fresh Covid-related business interruption court proceedings.
Home insurance costs continue to rise following ‘worst year on record’
Analysis by Ernst & Young has revealed that home insurance suffered its worst year on record in 2022, and fortunes aren’t about to change.
Policies did not cover central government action, insurers argue in Covid BI trial
The insurers in a group of Covid-related business interruption disputes, being heard by the Commercial Court this week, have argued that the policies in question did not cover central government actions.
View from the top: Aviva’s Jason Storah on flood-proofing the UK
Jason Storah, CEO UK & Ireland general insurance at Aviva, argues that stronger planning rules are required to guard against future floods.
Q&A: Martin Langhorst, Davies
Martin Langhorst, new major loss director at Davies, reflects on returning to the business after a decade away, and shares his plans for ensuring that his division is the best in the market.
Aviva admits liability in Fuller’s dispute while Liberty stands firm
Pub chain Fuller’s has received a £500,000 payout from Aviva after the insurer admitted liability in a dispute over Covid-19-related business interruption cover, a London court has heard.
Insurance Post Podcast: How to spot a fraudulent claim
Potential indicators of a fraudulent claim submitted during the cost-of-living crisis were revealed during the latest Insurance Post Podcast.
Podcast: What’s going on with pet insurance?
The Financial Conduct Authority is going to come knocking on pet insurer’s doors in the next 12 months, Catherine Carey, head of consumer strategy at Consumer Intelligence, has warned.
Top 100 UK Insurers 2023: Personal lines insurers hardest hit by inflation
Valeria Ermakova, associate director for analytics at AM Best, reveals while reserving for claims inflation is shaking the nation's insurers, actions taken by the top 10 of this year's Insurance Post Top 100 UK Insurers List helped these providers hold…
‘Thousands’ of UK businesses yet to claim Covid BI compensation
UK law firm Stewarts has launched an online claims service to help the “thousands” of businesses heavily affected by Covid-19 that are yet to recover payment from their insurers.
APIL argues changes to RTA claims rules will erode justice
Proposals to change the way medical reports are sourced and disclosed in road traffic injury claims would be a “backwards step” for the process, according to the Association of Personal Injury Lawyers.
Aviva catches out fraudster who claimed videos featured his twin
A Hampshire man seeking compensation from Aviva for alleged injuries claimed videos of him taking part in martial arts training during his recovery period actually showed his twin brother.
Trade Voice: Bila’s Dan Brooks on whether dispute clauses are fit for purpose
Dan Brooks, British Insurance Law Association committee member and policyholder coverage lawyer at Wynterhill, discusses the often-missed opportunity that arises from appropriate drafting of a disputes clause within insurance policies.
60 Seconds With... DAC Beachcroft's Emma Fuller
Emma Fuller, partner and head of motor and casualty market strategy for DAC Beachcroft, shares her passion for shoes, love of dancing and desire to see the world.
Diary of an Insurer: Brawdia’s James Goodlet
James Goodlet, building surveyor at Brawdia, is in Auckland to assist with the ongoing response to February’s cyclone damage and tries to explore all different manners of local cuisine and eateries.