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Ombudsman blames rise in motor insurance policy complaints on recession

The 26% increase in motor insurance complaints from consumers in the past financial year is "likely to reflect the tougher economic times", according to the Financial Ombudsman Service.

Regulation | 22 May 2012 secure

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fraud-clippings

IFB appoints Buck to roll out Insurance Fraud Register

The Insurance Fraud Bureau has recruited Andrew Buck to oversee the launch of the industry's Insurance Fraud Register.

Insurer | 21 May 2012 secure

Cash to splash

Technology: more cash to splash?

With global insurance spend on IT set to increase by 6% over the next year, will a similar trend emerge in the UK during 2012 and beyond?

Insurer | 15 May 2012 secure

Andrew Pemberton Argent Rehabilitation

Expert Opinion: Whiplash - Care not cash is answer to fraud

Independent expert doctor diagnosis of whiplash will only add cost, friction and bureaucracy, says Andrew Pemberton.

Insurer | 15 May 2012 secure

Apple iPhone 4S

Mobile Phones: Success with smartphones

The development of mobile network technology combined with the increasing sophistication of smartphones has fundamentally changed the £620m mobile phone insurance market.

Insurer | 15 May 2012 secure

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The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

Accident Exchange CEO Steve Evans

Friend or Foe: Q&A with Accident Exchange CEO Steve Evans

Steve Evans has spent four years bringing the activities of rate surveyor Autofocus to light, making him an unpopular figure in insurance circles.

Insurer | 15 May 2012 secure

Matthew Donaldson BGL

BGL creates anti-fraud 'point of quote' facility

BGL has launched an anti-fraud 'point of quote' solution that validates customer data across all channels including aggregation.

Insurer | 14 May 2012 secure

Mobile phone being used on holiday

Mobile operator Three hit by claims fraud

Rising fraudulent claims has forced UK mobile phone network Three to stop selling phone insurance, the FT reports.

Claims | 09 May 2012 secure

Whiplash graphic with skeleton

Second motor summit puts whiplash and young drivers at top of agenda

A proposed panel of independent medical practitioners to tackle whiplash, and affordable cover for young drivers, topped the agenda at the second motor insurance summit at Whitehall, as Transport Secretary Justine Greening lamented there is "no one...

Insurer | 08 May 2012 secure

Brokers

Post Broking Supplement: The big issues for brokers

With the British Insurance Brokers' Association conference looming, brokers are warming up for the networking event of the year and their best opportunity to thrash out market issues. Post caught up with some of the biggest hitting national players...

Broker | 08 May 2012 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
John O Roarke is general insurance managing director at LV

LV boss O'Roarke calls for fraud clamp-down talks at second summit

LV managing director John O'Roarke is demanding more stringent legislation designed to clamp down on "unscrupulous" drivers following a survey showing that almost two thirds of GPs have seen a rise in exaggerated injuries.

Insurer | 02 May 2012 secure

A fraudster breaking into a computer

Slough overtakes London as identity fraud capital of UK

London's Olympic neighbourhoods have become hotspots for identity fraud, and young social housing tenants are now the most targeted, according to Experian.

Insurer | 02 May 2012 secure

Karl Tonks

Data-sharing portal thrown into limbo

The proposed claimant data-sharing portal has hit a standstill, as the Association of British Insurers demands solicitors give something in return for insurer-held information about fraud. The "ball", according to the ABI, is now firmly in the Motor...

Claims | 01 May 2012 secure

Whiplash graphic with skeleton

View from the top: Fixing fees to fight fraud

Success depends on simultaneous change in insurer culture and claims handling philosophy, says Karl Parr

Insurer | 01 May 2012 secure

jobscut

Zurich pledges broker commitment as 15% of staff cut in PL shake-up

Zurich has moved to reassure its brokers following the news that it will cut almost 15% of its UK workforce and transfer a big chunk of its personal lines business into its own broker, Endsleigh.

Insurer | 01 May 2012 secure

Comment

Lynn Rouse

Editor's comment: Fleeing the family nest

This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.

Work equipment risks in the UK

Work equipment risks in the UK

The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.

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