Whiplash medical fee cap ‘credit positive’ says Moody’s

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Plans to limit the cost of medical reports are credit positive for UK motor insurers according to rating agency Moody’s, in spite of the expectation that such moves will also further lower premiums.

Justice Secretary Chris Grayling announced plans for the reforms last weekend, with reports capped to £180, and experts who provide them barred from also offering treatment.

At the same time, Grayling

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How to support insurance customers in vulnerable circumstances

As the Financial Conduct Authority intends to check claims-handling response times, and whether insurers are doing enough to help customers in vulnerable circumstances, Winn Group chief information officer Clint Milnes explains what providers need to do to meet the watchdog’s expectations.

How insurers should navigate supply chain disruption

With supply chain disruption continuing, Bill Bradshaw, operations senior vice president for London operations at FM Global­, says companies need to prioritise resilience and proactive prevention measures beyond insurance reliance.

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