Claims
Thousands of commercial motor fraud cases uncovered by Aviva
Aviva detected almost 2200 cases of commercial motor fraud in 2015, with the company now set to screen all such policies for fraud at application.
Average property damage claim cost more than doubled in past decade
The average cost of property damage claims has more than doubled in the past 10 years, with pay-outs totalling £4bn per year, according to research from law firm BLM.
IAG's half year profits fall 19.5% as provisions for 2011 Christchurch earthquake rise
Australian giant IAG is still counting the cost of the 2011 Christchurch earthquake and announced a 19.5% fall in profits for the first half of the 2015/16 financial year.
C-Suite: Making claims fit for a digital era
There is a still much work ahead for insurance companies to bring claims into the digital era writes Alson Ong.
Penny Black's Social World - 18 February 2016
All the latest news from the worldwide web
Legal Update: Time for insurers to get ready
A growing number of cyber incidents means insurers must prepare strategies to deal with a range of new business interruption liabilities.
Intellectual Property: Protecting bright ideas
It is a sad fact that most businesses only appreciate the value of intellectual property insurance once it is too late. So why is it vital?
Fraud Focus: Joining up the dots …
Financial services sectors must work together to fight against fraud despite facing their own problems
C-Suite - Insurer: Supporting flooded businesses
Is a commercial version of the domestic Flood Re needed to provide a long-term solution for SMEs?
Storm and flood claims to cost Lloyds Banking Group £60m
Lloyds Banking Group expects to fork out around £60m on claims for household damage caused by the floods and storms that wracked the UK over December and the New Year.
MoJ proposes capping CMCs' PPI fees
The Ministry of Justice has proposed capping fees charged by claims management companies handling mis-sold payment protection insurance claims, in a consultation launching today (15 February).
Over 1000 claims lodged after Christchurch earthquake
A magnitude 5.8 earthquake struck on 14 February near Christchurch in New Zealand.
Victoria bushfire claims rise above A$150m
The devastating Christmas time fire in Victoria known as the Great Ocean Road bushfire has now cost insurers over A$150m (£74m).
Blog: A rose by any other name still needs insurance
Love is in the air and behind the scenes, risk management and trade receivables insurance are facilitating the delivery of roses which so many choose to give.
Gallagher pleased with injunction success
Arthur J Gallagher has said it is pleased with a court order granted in the Portsoken case, which it stated ensures "valuable and confidential information" belonging to the firm is located and deleted from Portsoken's systems.
Blog: Enterprise Bill may drive PI for insurers
Other professional services providers take out professional indemnity cover but should insurers now be looking for similar protection?
Taiwan building standards under scrutiny after deadly earthquake
Taiwanese authorities believe poor construction methods helped cause the collapse of a block of flats in the city of Tainan after a 6.4 magnitude earthquake.
Four Birmingham ghost brokers sentenced
Four Birmingham men have been sentenced after a ghost broker insurance scam was uncovered by Insurance Fraud Enforcement Department detectives.
IPT to blame for increase in building and contents premiums
The cost of buildings-only and contents-only insurance rose 3.5% in the most recent quarter, which can be largely attributed to the Insurance Premium Tax hike, according to the Association of British Insurers.
Political Violence: Trail of ruination
It is not just people who are at risk from terrorists; economies are also the targets – so what can insurance offer as protection?
Asbestos: The toxic truth
Although some say the legal landscape is less adversarial, the number of asbestos disease claims is rising – but are insurers as guilty of drawing out the process as they stand accused?
C-Suite - Insurer: Never mind the bollards
A recent first-hand experience of the claims system highlights that the personal touch is still king.
Signal Iduna implements Friss solution for fraud detection
German insurer Signal Iduna has introduced a software solution from Friss to fight fraud in a more structured and effective way within the claims process.
Blog: A quiet end to ‘average'?
There are differing views as to whether no longer applying average is a wise move likely to mean more business or will it result in higher claims costs?