Claims
Founder Rob Terry dumps 5% of Quindell shares
Quindell’s founder and former chairman Rob Terry has offloaded a large swathe of his holdings in the firm over two weeks, with his stake dropping to below 3%.
ABI demands clarity on long-term flood defence plans
The Association of British Insurers has called for more information on flood defence spending to allay fears of repercussions impacting Flood Re.
Innovation Group restructures UK motor division
Innovation Group has consolidated its four UK motor brands, Crashworth, Gemini, Nobilas and Motorcare, to form a new division called Innovation Group Motor UK.
Crawford hit with CMA enforcement order regarding GAB deal
The Competition and Markets Authority has launched an investigation into whether Crawford and Company’s acquisition of fellow loss adjuster GAB Robins will serve to diminish competition in the UK.
Fraud taskforce encouraged to broaden scope beyond motor insurance
Hertzell will invite industry experts to contribute to the work
Supply chain communications issues threaten insurers' reputation
Differing methods of communication compares poorly to other sectors
Pool Re-style cyber terrorism facility could stimulate the market for insurance
Cyber insurance concept raised at CFC Cyber Symposium
C-Suite Insurer: Vive la revolution
Technological advances mean the insurance industry is on the cusp of something new and exciting
Fraud Focus: What will the taskforce do?
A new taskforce has been announced by the government, specifically looking at insurance fraud
Trade bodies fight for re-worded clauses to be restored to Insurance Bill
Biba and Airmic address House of Lords' committee in attempt to restore axed clauses
Review of the Year: Health
Health insurance personalities reflect on the past year and look forward to 2015, with high hopes for improving the profile of health insurance through technology – as well as addressing issues surrounding costs and implementing a more holistic approach…
Blog: The rise and fall of outrageous travel fraud
Simon Cook, head of special investigations for claims and assistance group CEGA, talks tummy tucks, liposuction and the lengths to which fraudsters will go to make money from a bogus travel insurance claim....
Blog: Top 5 TV insurance claims
How much would the insurance claim for the Downton Abbey fire have been? Crawford & Company's UK Major Loss team calculates the cost of small screen disasters.
Hertzell's fraud role coincides with Law Commission exit
David Hertzell's term as law commissioner is to end on 31 December, coinciding with his appointment as head of a taskforce to tackle insurance fraud.
Average policy savings of £15 predicted following My Licence launch
Motor Insurers’ Bureau CEO Ashton West has set his sights on the “the holy grail” of delivering claims data at the point of quote by 2016, following the launch of the My Licence initiative, which is expected to spark customer savings.
Former LAS manager Hogarth handed North America remit
The most senior remaining member of LAS’s management team has been handed a promotion at Innovation Group, taking on product development for North America.
Quindell recruits PWC for accounting review
Insurance services firm Quindell has appointed PWC to conduct an independent review of accounting policies and forecasts for cash generation.
Blog: I believe in fairies but not insurance
When Post editor Stephanie Denton had her first experience of making a claim, her faith in the insurance industry was left more than a little shaky...
Bradford man who staged accidents receives suspended sentence
A fraudster who deliberately slipped on a wet bakery bag in a Lidl supermarket so he could make a bogus personal injury claim to AIG worth £10,000 has received a suspended prison sentence.
Ex-soldier and wife jailed for falsely claiming son was blinded
A husband and wife who conned AIG out of £70,000 by claiming a bicycle accident left their young son blind in one eye have both been sentenced to 12 months in prison for fraud.
AGCS predicts aviation exposure to exceed £638bn by 2020
Increasing fleet values and a rise in passenger numbers is expected to push the value of aviation risk exposure through the $1trn (£638bn) barrier by 2020, according to Allianz Global Corporate & Specialty.
Storm could cost A$1bn to clean up, says Brisbane mayor
Brisbane mayor Graham Quirk has said the hailstorm on 27 November is the costliest storm event for insurers in 30 years.
BLM’s Murray appointed as chair of Foil in Scotland
BLM partner Tony Murray is to become chairman of the Forum of Insurance Lawyers in Scotland.
Insurers urged to boost claims service to get competitive edge
Chubb and Hiscox have taken the top two spots in a ranking of claims service in the UK mid-market by Gracechurch Consulting.