Claims
EAIC 2014: Thai floods had dramatic impact on SME loss ratio
As a result of the devastating 2011 Thai floods the average combined ratio for small and medium enterprises between 2008 and 2012 grew exponentially.
Court rejects industrial hearing loss claim on 'constructive knowledge' clause
The Court of Appeal has ruled against a noise-induced hearing loss claimant because the man had knowledge of his impairment "considerably earlier" than when he brought proceedings against his former employer.
ABI, IFB and Thompsons to discuss fraud collaboration next week
The Association of British Insurers and Thompsons solicitors are set for a face-to-face showdown next week at the Post Insurance Fraud conference.
Global Options CEO Pinder moving to consultancy role
Global Options CEO Frank Pinder is to move away from day-to-day operations of the US investigations specialist, taking on a consultancy role for the business.
Swiftcover offering up to 12.5% discount for in-car camera users
Axa-owned insurance brand Swiftcover is to offer customers a discount of up to 12.5% on their motor insurance if they use an in-car camera on their vehicle’s dashboard.
Generali appoints Dunning as Asia head of claims
Generali global corporate and commercial has made two key appointments in Hong Kong for its Asia business.
Axa motor claims boss heads to Coverbox after just four months
Axa direct and partnership’s head of motor claims has been recruited by telematics insurer Drivestyle Insurer to serve as its new operations director.
AA criticises climate change report findings on 'insufficient' flood defences
AA Insurance has called a Committee on Climate Change report suggesting flood defence investment in UK urban areas is insufficient "disappointing".
Lloyd's senior manager How joins Cunningham Lindsey
Cunningham Lindsey has recruited Lloyd’s senior manager Simon How as global specialty markets director.
Crawford-backed energy adjuster LWI to launch in Singapore
Lloyd Warwick International will open an Asia-Pacific regional office on 1 November in Singapore with four recruits from rival Charles Taylor.
Industry backs Jackson’s call for fixed costs to be extended beyond PI claims
Lord Justice Jackson repeats call for fixed costs on all fast-track cases
Ifed arrests CMC staff on suspicions of fraudulent information gathering
Two claims management company employees have been arrested on suspicion of impersonating insurance policyholders to fraudulently obtain information from an insurer about road traffic collisions.
Business interruption: Business, interrupted
Increased data availability may have transformed business interruption cover, but the sector still has much work to do in improving communication, clarity and policy wordings
Treasury pledges £97m for ‘world-leading’ Met Office supercomputer
Chief Secretary to the Treasury Danny Alexander has today revealed plans to spend £97m on a supercomputer to improve the UK’s ability to predict disruptive weather.
Cornwall man gets suspended sentence in Axa fraud case
A Cornwall man was found guilty of fraudulently attempting to claim £100,000 damages from Axa for an alleged workplace injury.
Blog: Don't scare customers with spooky marketing & other data lessons
With the 2014 Teradata Partners Conference now over, I have decided to reflect on some of the biggest takeaways from the annual event in Nashville.
Jackson urges government action to extend fixed costs
Lord Justice Jackson is urging government to apply his recommendation that fixed costs should apply to all fast track cases in order to halt a "serious lacuna" in cost management rules.
Blog: Top 5 TV insurance claims
How much would the insurance claim for the Downton Abbey fire have been? Would JR Ewing's demand following the destruction of Southfork have resulted in a $40,000 monthly hotel bill? Crawford & Company's UK Major Loss team calculates the cost of these…
Davies marks re-brand with Alcock swoop
Loss adjuster Davies Group has unveiled a new brand for its business, as well as announcing the recruitment of GAB Robins’ casualty director.
Insurers could struggle to defend meso claims following 'landmark' ruling
Insurers may find it harder to defend asbestos claims, following a ‘landmark’ Supreme Court ruling, according to the Forum of Insurance Lawyers.
Hurricane Gonzalo to cost insurers up to £250m, says AIR
Hurricane Gonzalo could result in up to $400m (£250m) of insured losses according to catastrophe modeller AIR Worldwide, after landing in Bermuda on 17 October
Motor sector set to report loss for 2014 as claims return to pre-Jackson levels
Towers Watson report says reserve releases unlikely to continue
Technology is a "huge equalizer" for smaller insurers, claims Alfa VP
Good data usage is a great leveller when it comes to insurance, and if done well it can help smaller players compete with larger established rivals.