Articles by Pamela Kokoszka
Gallagher Bassett acquires Welsh claims management firm
International risk services firm Gallagher Bassett has acquired the assets of Welsh claims firm, Adjusting Associates, to expand its offerings in the UK.
Allianz commercial COR slips
Allianz UK has seen commercial lines underwriting profit slip in the first half.
Lloyd's Lab selects third cohort for insurtech incubator
Lloyd’s has selected 11 insurtech companies to join the market’s incubator at the beginning of September.
Holiday sickness fraudster given 12 months prison sentence
A holiday sickness fraudster, who persuaded holidaymakers to put in false claims in order to receive a pay-out, has been handed a 12 month prison sentence.
IPT becoming government's 'golden goose' as income hits record high
Government income from insurance premium tax hit a record high of £6.3bn in 2018/19, up 7% from £5.8bn collected the previous year, according to an accountancy firm.
Half of insurance firms have not accessed FCA Brexit guidance
Half of general insurance firms have not accessed official guidance on Brexit preparations, a survey found.
Insurers told how to improve fair treatment of customers with criminal convictions
Insurers have been issued fresh guidance on how to fairly treat customers who have prior criminal convictions.
Hiscox posts H1 profit of $168m, despite higher volume of claims
Hiscox has reported a profit before tax of $168m for the first quarter of 2019, up from a profit of $162.7m on the same period last year, despite a higher volume of claims.
Insurers warn of rise in motor premiums following the discount rate decision
Government changes to personal injury calculations are set to add to motor insurance costs going forward, insurers have warned.
Analysis: Impact of smart home technology on escape of water claims
In 2018 insurers dealt with 228,000 escape of water claims, at a cost of £617m – an increase from £529m paid out five years ago, according to statistics from the Association of British Insurers. With the rising cost of claims, can technology help reduce…
LV's Clare Lunn appointed to head industry's counter-fraud organisation
Exclusive: Clare Lunn, director of fraud at LV, has been selected as a chair of the the General Insurance Fraud Committee.
BLM wins fundamental dishonesty case against opportunistic fraudster
BLM has won a fundamental dishonesty case against a fraudster who claimed for whiplash from an accident where she was not in the vehicle.
My Other Life: Yvonne Baverstock, Pyrenean Mountain dog breeder
When not working as account executive at Clear Insurance Management, Yvonne Baverstock breeds and judges Pyrenean Mountain Dogs.
Young driver curfew plans 'could have deadly consequences'
Introducing graduated licensing for young drivers could have unintended adverse effects, warns Mike Brockman, CEO and founder of ThingCo.
Victor Insurance is looking to expand internationally
Victor Insurance is looking to build on growth following the rebrand from Bluefin Underwriting.
Victor names incoming UK boss
Victor Insurance, formerly Bluefin Underwriting, has appointed John Stephenson as country manager, UK, succeeding Paul Drake.
Analysis: Industry faces financial blow from discount rate revision
Insurers that have been pricing and reserving using a discount rate of between 0 to 1% may face a short term financial hit, analysts have warned.
Davies completes second acquisition of the year
Davies Group has added two firms to the group with the acquisition of GBB holdings which comprises of specialist investigation business GBB and motor engineering solutions provider Banwells.
This month: Reputation, climate change and technology
This month’s issue looked at reputational issues the sector is facing and what needs to be done to improve the industry's reputation going forward.
Insurers paid out NZ$40bn following Christchurch earthquake
Christchurch City Council estimates that insurers have paid out around NZ$35-40bn (£18.6-21.2bn) following the earthquake in 2011.
Analysis: Is the IPT review another disappointment?
The government has promised to review the application of the Insurance Premium Tax. But does the planned review go far enough?
Former Aviva boss joins MS Amlin as COO
MS Amlin has appointed Rob Houghton as chief operating officer, replacing Simon Smith.
Trade body raises concerns over whiplash portal
Credit hire firms have raised concerns over the latest developments of the forthcoming whiplash portal.
Chubb withdraws from coal underwriting over climate change fears
Chubb will phase out its coal insurance policies within the next three years, amid climate fears.