Post - 2012-02-23
The profile of people targeted by gangs to make personal injury claims appears to be changing, with those involved becoming younger and more middle class. The link between youth unemployment and crime rates is hard to ignore.
Environment-related risks will shift significantly over the coming decades, so what can insurers, brokers and loss adjusters do to prepare for the future?
Tiny glimmers of hope came from the Confederation of British Industry this month, with its prediction Britain will avoid an official recession and see reduced inflation in the second half of 2012.
The savers among us have grumbled for some time as the Bank of England rate stagnates at 0.5%, but a recent decision in Scotland could benefit insurers that have grappled with excessive interest on damages for years.
Last year's riots brought the problem of a lack of business interruption cover to the fore. What are the solutions to underinsurance in this area?
Merlin says any transaction was undertaken without authority
Only insurers were invited to the Number 10 meeting, leaving many sectors feeling left out in the cold.
Following a strong week for managing general agents, insurers were the main recruiters this week as the market begins its move into the spring.
Insurance broker Swinton has created 100 new roles after joining forces with vehicle information firm HPI to offer free comprehensive seven-day cover.
In a week where some of the news could have come from the pages of a spy novel with hidden cameras and tracker devices being used, it is with some comfort that one story appears a simple case of black and white.
Graham Barr, who joined acquisitive broker CCV as chief operating officer in October, has said brokers are selling on average at less than 1.5 times their brokerage, with only unusual niche specialists selling for two times.
While an over-used phrase, it is true that broking is a people business. Every day we are building relationships with our clients and with our provider partners. Therefore, focusing on and investing in people development is not just a cliché, it’s a…
Despite the economic conditions, high net worth insurance continues to thrive. But will this lead to a host of new entrants in the market?
Underinsurance is a common problem and a collaborative approach is needed to stamp out an issue that has gone unresolved for too long
After a mild 2011, this year got off to a cold start as snow hit the UK. Will this force insurers to look beyond the past year and start pricing household and contents cover long term?
Having set up, run and sold insurance businesses, Brent Escott is now embarking on a new challenge at the outsourcing giant.
Axa-owned broker Bluefin has admitted it would use private detectives to spy on former staff it suspects of breaking restrictive covenants.
Broker stresses new stance does not have an impact on most business.