Consumer insurance reforms will make it harder to turn down claims - Insurance News Now – 19 May 2011

2011-05-18-post-inn-zurich-final01-4

Post news editor Mairi MacDonald outlines this week's major general insurance stories including how, according to MP Jonathan Evans, the first changes to consumer insurance legislation in more than a century will prevent insurers from “hiding behind” unrelated errors to avoid paying claims.

Mr Evans was responding to the announcement on Tuesday that the government plans to take forward proposed reforms to the Consumer Insurance (Disclosure and Representations) Bill.

In other news; Mitsui Sumitomo is poised to open its doors in Birmingham as part of its regional mid-market push; RSA's marine director Richard Turner has said the insurer's acquisition of niche marine broker Noble Marine is part of a broader plan to dominate the UK marine market; Allianz is on track to identify £50m of insurance fraud in 2011, according to UK chief executive Andrew Torrance; and finally, Aviva is gearing up to challenge multi-brand motor insurance giants Royal Bank of Scotland Insurance and Admiral on the aggregators with the launch of a new internet-only brand.

Keep up to date with all the latest insurance news as it breaks at postonline.co.uk

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Q&A: Aviva’s Ryan Birbeck and Michael Yabantu

Aviva’s Michael Yabantu, managing director of mid-market, and Ryan Birbeck, broker and client development director, sit down with Insurance Post to talk about the internal changes Aviva has made to make access easier for brokers, what product lines it hopes to explore over the next 12 months, and why the London Market is a “key area” for growth in 2024.

Price of tower block insurance finally slashed

Insurance premiums for leaseholders waiting for combustible material to be removed from their blocks of flats could plummet by up to two thirds following the launch of the Association of British Insurers’ Fire Safety Reinsurance Scheme today (13 March), according to Axa.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here