Claims/Loss adjusting
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
MYI secures appointment to handle Manchester riot contentious claims
Loss adjuster MYI has been exclusively appointed to handle high-value and contentious claims against the police from the Manchester riots in August.
Market moves - 20 October 2011
This week the main movers and shakers were loss adjusters, with Davies, Woodgate & Clark and Advanta all making major appointments.
Hogarth’s Imperial exit sparked by ‘difference of opinion’ - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
Your say - CILA: licensed for nil?
Your article ‘Loss adjusters criticised by brokers for cost-cutting measures’ was a cause for mirth and merriment here at Foster Orr & Greenaway HQ but it does raise interesting and important issues about the way in which insurance claims are currently…
Wood kicks off recruitment drive for fraud unit as threat assessment begins
The detective chief inspector charged with heading up the Association of British Insurers-funded fraud unit will wait for the results of an initial threat assessment before targeting specific areas of vulnerability within the industry.
Career development: GAB trio pass new CILA certificate
Three graduate trainees from loss adjuster GAB Robins have become the first professionals to pass the new Chartered Institute of Loss Adjusters’ certificate qualification.
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
Arab Spring: A little bit of politics
The recent uprisings in the Middle East and North Africa have underlined the narrowness of terrorism policies — but have insureds woken up to the more comprehensive benefits of political violence cover?
Charles Taylor Consulting acquires Alico Isle Of Man
Charles Taylor Consulting has agreed to acquire Alico Isle of Man, a closed international life assurance company, with equity shareholders’ funds of £1.8m, from American Life Insurance Company.
Manchester police authority calls on loss adjusters to look at riot claims
The Greater Manchester Police Authority has appointed a panel of loss adjusters to help with riot-related claims.
Questgates wins Barbican liability claims contract
Lloyd’s insurer Barbican has appointed loss adjuster Questgates to provide liability adjusting services for syndicate 1955.
Event insurance: Dancing in the street
Next year could be huge for the events industry, with the Diamond Jubilee and the London Olympics taking place. With a host of celebrations occurring, can the events insurance sector capitalise?
Agriculture: Reaping the rewards
With a rise in the theft of agricultural plant equipment, the industry and police are striking back with new initiatives.
Interview - Simon Burley: Adjusting the image
Simon Burley, the new president of the CILA, promises to transform the image of the claims industry and improve the reputation of loss adjusters in the UK.
Loss adjusting panel to review riot claims for Met
The Metropolitan Police Authority has been forced to appoint a panel of loss adjusting firms to advise on riot-related claims.
VRS Vericlaim aims to double in next five years
UK loss adjusting firm VRS Vericlaim, part of the European VRS Network, has revealed plans to double in size in the next five years.
Loss adjusters criticised by brokers for cost-cutting measures
Brokers have hit out at loss adjusters for desktopping claims and using inexperienced staff to cut costs.
Bruce joins UK General in bid to boost commercial – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including the appointment of Cathie Bruce to the newly created role of commercial managing director at UK General.
Lorega adds new adjuster
Lorega Solutions has appointed Adrian Starr as a chartered loss adjuster.
Merlin Academy sees first batch of students graduate
The first class of students from the Merlin Academy set up last year have completed its accredited Chartered Management Institute Level 2 Certificate in team leading.
MYI CEO targets more acquisitions after sealing double deal in a week
McLarens Young International has underlined a period of rapid global expansion with the acquisition of a US-based SME claims adjusting firm, just days after announcing its commitment to the aviation sector.
News analysis: Private equity and the rules of attraction
Private equity firms continue to be enamoured with the claims industry — just why is this?
News review 14 - 20 September 2011
A review of news stories which broke between 14 and 20 September 2011.