ABI endorses merseyside fraud crackdown

Knowsley Metropolitan Borough Council’s campaign to weed out bogus personal injury compensation claims should become a model for councils throughout the country, the Association of British Insurers said today.

The Council’s crackdown on fraudsters who make bogus or inflated claims for injuries allegedly sustained when falling over broken pavements has saved Knowsley Council in the region of £1.8 million

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Inflation issues remain despite drop in rate

Speaking at the Insurance Post Claims Club, Allianz’s chief claims officer Graham Gibson stated that the latest inflation figures seen this week will not trickle down to insurance any time soon.

Building Back Better at Chelsea Flower Show

Flood Re’s Build Back Better scheme is being used to not only fund internal flood resilience changes but also adaptations to outside space and gardens in the quest to stop and reduce flood waters entering properties, explains Stephen Linklater, claims director of Ageas.

Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.