Axa has blamed Lockton for issuing an incorrect certificate as the insurer estimated its liability for the damage portion of a property claim at £541,000 rather than the £1.7m being sought by property investor Aubrey Weis in a High Court action.
Proposed changes to the Financial Conduct Authority’s product governance rules could prove to have a greater long-term impact than the regulator’s prospective price walking ban, consumer research and compliance experts have said.
Kingfisher UK Holdings has accused the former owners of personal lines specialist broker Fresh Insurance of covering up that its software used the Motor Insurance Bureau’s My Licence system in a way that breached its agreement with the MIB and the Data Protection Act 1998.
As the drive to a greener, more sustainable housing market continues so modern methods of construction are increasing in both popularity and usage. This drive is coming from a combination of government policies, consumer demand and also from within the industry itself
We’re delighted to announce our general insurance business is supporting the @family_action #Christmas2020 #ToyAppeal🧒🎄We've set a 500 gift target from our people and will match with a further 500 gifts from LV=🎁💚Find out more: #MakeTheirsMagic✨https://t.co/x9uxd0oInS pic.twitter.com/69o2xc1eVD— LV= (@lv) November 26, 2020
- FCA's product governance proposals could have longer term impact than price walking ban
- Kingfisher alleges deceit and software breaches in £25m claim against ex-Fresh owners
- Spotlight: Sustainability: The impact of modern methods of construction on insurers
- Blog: Building a more sustainable approach to motor claims
- Cold call claims fraudsters come up with fresh scam, insurers warned
- Axa blames Lockton errors in defence to property developer's fire claim
- Spotlight: Sustainability: Modern methods of construction
A ranking of the top 100 Prudential Regulation Authority-regulated UK insurance companies, with each business broken down by gross written premium, net written premium, underwriting result, retention ratio, solvency capital requirement and SCR Ratio.
Six up-and-coming claims managers, six ambitious candidates, all with one aim, to be crowned Claims Apprentice 2020. But who will be victorious?
Post, in association with Sønr, indexes the businesses driving the innovation across the market, some offering solutions to accelerate corporate activity, others paving their own futures.
A series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown looking at the major topics of the day