Claims
Balkans flooding to cost billions of euros
The European Bank for Reconstruction and Development estimates the cost of damage as the result of horrific flooding will be well over €2bn.
Cost of fraudulent claims rose by 18% in 2013, says ABI
The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3bn in 2013, up 18% on the previous year, according to the Association of British Insurers.
RTA Claims Portal to charge claimant reps £2 per notification
Claimant representatives will be expected to pay a fee to use the RTA Claims Portal from the end of next year.
Cunningham Lindsey recruits Davies duo for major loss team
Cunningham Lindsey has recruited an adjuster and a surveyor in the UK, swooping to take the duo from Davies.
MH370 not in Indian Ocean search zone, says Australian authorities
An extensive under water search by Australia for the missing Malaysian airplane MH370 has not found any wreckage.
Insurers should adopt online retailing mentality, says KPMG
UK insurance customer experience is improving but insurers need to focus on personal interaction with customers, digital channels and adopting a retailing mentality, a new report by KPMG has claimed.
Axa Art working on Glasgow School of Art fire
Specialist insurer Axa Art is working with fire authorities to remove the Glasgow School of Art’s collection, as well as taking damaged items for assessment.
Arag notches 9% increase in GWP for 2013
Legal expenses insurer Arag has seen its UK operation boosted by expanded gross written premiums for 2013, while profits have also improved.
One fifth of claimants unhappy with insurers' communication skills
One fifth of insurance claimants consider their insurer has poor communication skills, according to research from EDM Group.
25% of UK workforce at risk of noise induced hearing loss
A quarter of the UK’s workforce are at an increased risk of noise induced hearing loss because they use headphones while at work, according to a study from an audio technology company.
Welcome to the bizarre world of insurance fraud
by Sally Griffiths, director at VFM Services Ltd
Thailand curfew after military coup
Following a military coup in Thailand on 22 May, a 10pm to 5am curfew is in place meaning travel insurance may become invalid.
TT Club promotes Kempkens to claims director role
Transport, freight and logistics insurer the TT Club has promoted regional claims head Robert Kempkens to claims director, replacing the retiring Phil Nichols.
Insurers predict Riot Act rethink after Sony fire ruling in industry’s favour
Parliament ‘almost certain to change the law’ regarding consequential losses
Homeserve UK profits half in three years
Homeserve has seen its UK profits slump to £53.4m, just over half of its equivalent figure of £104.3m in 2011.
Lloyd’s could face claims from missing Malaysian plane’s search operation
Flight MH370 loss is higher than initial estimates due to ongoing search
Trade Voice: Bringing the law up to date
As the British Insurance Law Association celebrates its 50th anniversary, the Law Commissions of England and Wales and of Scotland conclude the second part of their project to reform insurance law.
North of the border: A case of contributory negligence
A recent case provided a rare example of a pedestrian being more at fault than a driver in an accident claim
Cunningham Lindsey hires Scott for global broker role
Chris Scott has been appointed Cunningham Lindsey global specialty markets development director.
ABI strikes back at claims of government deal over Mesothelioma Act
The Association of British Insurers has hit back at claims it entered into a deal with government over changes to the Mesothelioma Act saying the debate is dominated by the vested interests of claimant solicitors.
Voice of the Future: Anna Vidgen
Post talks to talented newcomers about what attracted them to insurance. This week it's the turn of Anna Vidgen of the claims team at Starr Underwriting Agents.
GI Ombudsman complaints down 6% for 2013/14
General insurance products have been responsible for almost 2000 fewer complaints made to the Financial Ombudsman Service for the year ending 31 March 2014.
Innovation Group pre tax profits down 29%
Claims specialist Innovation Group has unveiled a hefty slump in pre-tax profits for the six months to 31 March.
Flood Re CEO Woolgrove to address Post's Disaster: Risk & Response event
The acting Flood Re CEO Tom Woolgrove has been added to the impressive speaker roster for the upcoming Post event, Disaster: Risk and Response.