Post - 2011-09-29
Articles in this issue
Atmospheric tanks: The big bang theory
The UK has recently seen a number of explosions involving atmospheric tanks, with major incidents at Buncefield and Pembroke. What caused the explosions and how can the risks be reduced?
Penny speed meets...
Jodi Grattidge, head of marketing & propositions, Aviva.
Top 100 UK insurers supplement - AM Commentary: An uphill struggle
With earnings down, falling reserves and diminishing returns on investments, the tough times continue for UK non-life insurers.
Top 100 UK insurers supplement: Referral fees roundtable: The hot potato
With barely a day going by without another opinion voiced on the adverse effects of referral fees, our panel of industry experts debated their contribution to cost inflation and the bigger issues*
Top 100 UK insurers supplement - brand analysis: Battle of the brands
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand has never been more vital. So who is getting it right?
Top 100 UK insurers supplement: Steadying the ship
After a tough 2009, the top insurers have managed to maintain GWP levels in 2010 but snapping at their heels are a few new entrants doing their best to prove there is still money to be made in general insurance.
Top 100 UK insurers supplement: A man for all seasons
As CEO of Ageas UK for the last decade, radical changes in distribution, more intelligent use of capital and the financial turmoil are just a few of the changes Barry Smith has witnessed.
Law report: Bentley hire recoverable but door open for argument
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Case underlines need for prompt action on indemnity grounds
This law report has been submitted by national law firm Berrymans Lace Mawer.
Law report: Judge considers fire claim cause
This law report has been contributed by national law firm Berrymans Lace Mawer.
View from the top: Time for action
Insurers must fight to protect their fundamental purpose faced with the threat of external interventions, says Barry Smith, CEO, Ageas UK.
North of the border: UK-wide outbreak of common sense?
After reviewing the Health & Safety at Work Act 1974, Lord Young made the point that, despite significant progress and the undoubted success of the Act, the standing of health and safety in the eyes of the public has never been lower. There is a growing…
Rehabilitation First Awards 2011: Young Achiever of the Year
With the judges looking for high-flying individuals under 30 who are exceeding their employer’s expectations, championing rehabilitation in the wider market and setting themselves out as the industry’s stars of tomorrow, four strong candidates emerged…
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Claimant Solicitor
For this category, judges were looking for evidence of dedication to maximising injured client recovery, measurable results, how specific obstacles were overcome and evidence of collaborative working with defendant insurers. Irwin Mitchell’s entry stood…
Online commercial - Driving business online
Take-up of online commercial products remains less than impressive but where does the blame for suppressed demand lie?
Online this week
The top ten stories from www.postonline.co.uk
Rehabilitation First Awards 2011: Outstanding Individual Achievement
Judges were simply overwhelmed by the number, range and content of the testimonials put forward in support of Carole Chantler as this year’s recipient of the Outstanding Individual Achievement award.
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Provider
Amid a strong and diverse shortlist, one entry stood out due to the combined and pioneering efforts in delivering pre-claim early intervention for individuals with mental health problems.
Rehabilitation First Awards 2011: Case Manager of the Year
Five individuals were shortlisted for this award, having impressed the judges with their commitment to clients, innovative ways of working and persuasive case studies but Cath Townley inspired them the most.
Rehabilitation First Awards 2011
Guests were welcomed to the Rehabilitation First Awards 2011 in the stylish surroundings of Le Meridien Piccadilly’s Oak Room by chair of the judging panel and editor of Post Lynn Rouse, who called on the industry to capitalise on the opportunity to…
Law firm mergers: Transforming the legal landscape
Insurer demands for scale and scope plus the emergence of Alternative Business Structures are fuelling the fires of law firm consolidation.
Looking back - 1991: Hitting the hot hatches
On 26 September 1991, Post reported a tale familiar to today’s law-abiding general public: soaring motor insurance premiums. Current year-on-year rises cited are in the region of 30% to 40%, but the figures from 20 years ago suggested hikes of up to 74%…
News analysis: Insurance industry feels the shockwaves of the economic meltdown
It has been hard to escape the doom and gloom of the volatile stock market and wider economic woes over the past week.
Bruce joins UK General in bid to boost growth of commercial lines
UK General has appointed Cathie Bruce to the newly created position of commercial managing director, hoping the new high-profile role will help mimic the success of Rural Insurance.
ASIS boss targets top 50 with niche push
The managing director of an up-and-coming broker has set her sights on being in the top 50 within 10 years, by launching into a variety of “untapped niche markets”.
Fraud: Advanced detection techniques responsible for recent fraud crackdown
Fraud investigators at major UK insurers have attributed the unprecedented number of high-profile fraudsters hauled before the courts over the past month to a more advanced industry-wide detection process.
Loss adjusters criticised by brokers for cost-cutting measures
Brokers have hit out at loss adjusters for desktopping claims and using inexperienced staff to cut costs.
Lloyd’s places syndicates under financial scrutiny
Lloyd’s has begun an intense examination of syndicates’ 2012 business plans, in a bid to weed out unprofitable underwriting risk.
Market moves: Getting ready for the fourth quarter
Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…
So, what exactly does a high net worth fraudster look like?
Arrogance, financial pressure and criminal activity are the major motivators of a high-net-worth fraudster, Sterling Insurance has revealed.
Internal fraud fight aided by recruitment changes
Technological advances and improved recruitment screening over the past three years have helped insurers tighten their grip on internal fraud, according to experts from two major insurers.
Editor's comment: Out of our hands?
With the bullish comments made by even the most cat-exposed insurers still echoing in our ears, declaring the global insurance market resilient in the face of one of the costliest years ever, the storm clouds are now gathering on multiple fronts from…
Neave rebuts IFB ‘revolving door’ claims
Insurance Fraud Bureau chairman David Neave insists there is no “revolving door” problem at the industry anti-fraud co-ordinator, after Glen Marr announced he was stepping down from the director role after just over a year.
Your say: The real postcode lottery
Jack Straw’s Bill has not been particularly well thought out, specifically the point relating to postcode rating. In my view there are two very good reasons why this part of the bill should be changed.
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Insurer
Judges applauded QBE’s initiative as “behaviour-changing stuff that makes a detailed case for rehabilitation at all levels”.
Penny Black's insurance week
Penny was very close to whipping out her cheque book at the sight of the all the diamond jewellery up for auction at Sterling Insurance’s open day.
Post Magazine - 29 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.