Claims
Voice of the Future: Sian Meadows
Post talks to talented newcomers about what attracted them to insurance.
Market Moves - 13 February 2014
The movers and shakers in the insurance industry this week.
Penny Speed meets... Rob Smale, claims director, Ageas
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Legal Update: Qualified one-way costs shifting and pre-April 2013 questions answered
Kelly Matthews explains qualified one-way costs shifting, which was implemented by the Jackson reforms.
3D Printing: Get ready for the 3D revolution
With 3D printing expected to totally transform manufacturing, what does it mean for the insurance industry?
Interview: Dan Saulter: Hitting the ground running
When Dan Saulter was announced as chief executive at Davies, many in the market were surprised. He explains why he is the right man for the job and why the recent swathe of storms held no fears for him.
Fraud focus: Lies, damned lies and statistics
On 23 January the Office for National Statistics released its annual review of crime figures for England and Wales.
Met Office warns of 'danger to life' across Southern England
The Met Office has issued 16 severe flood warnings in South west and South east England this morning, warning that water levels represent a danger to life in the regions.
UK floods tipped to cost industry close to £500m
PWC has estimated weather-related damage in December 2013 and January this year could cost the insurance industry up to £500m.
Education, education, education
Fraud is a major and growing issue. We've all heard the figures bandied around about how much this crime costs our industry, but the responsibility for tackling fraud does not lie at any one door.
Contractors urged to up security as theft claim value increases
Building trades insurer ECIC is urging contractors to increase security to protect their equipment after the claims value of tool theft increased by £2226 in the past year.
Former Cunningham adjuster launches HNW business
A former senior adjuster at Cunningham Lindsey is to unveil a new high net worth adjusting and surveying business later this month.
ABI kick-starts Flood Re CEO recruitment process with job ad
The Association of British Insurers has started its search for the chief executive of Flood Re and will be advertising the position in this week's Sunday Times.
BPF urges MPs to support Water Bill amendments
The British Property Federation is urging politicians to support Water Bill amendments being tabled in the House of Lords that would extend affordable flood insurance to excluded groups.
Cunningham Lindsey launching Axa claims tools in £6m tech revamp
A £6m technology investment programme will see Cunningham Lindsey soon unveil a new suite of tools for policy holders making claims starting with Axa household customers.
US January insurance storm claims hit $1.4bn
Catastrophe modeller Impact Forecasting said January's weather in the US cost insurers at least $1.4bn and economic losses of $3bn. Asia also saw its fair share of cold weather in January.
Physio suspended from practice for faking insurance invoices
A physiotherapist has been suspended from the Health and Care Professions Council register for falsifying insurance invoices while working at a clinic in Hammersmith, London.
Household premiums tipped to rise as adverse weather takes hold
Property premiums could be set to rise in 2014 as mounting flood losses begin to take their toll on insurers, according to Deloitte insurance partner James Rakow.
IFIC Forensics launches fire triage service
IFIC Forensics has launched a forensic fire triage service which aims to reduce insurers’ exposure to claims leakage from residential and small commercial arson cases, particularly in times of claims surge.
ABI rejects suggestions mesothelioma payout will increase to 100% over time
Asbestos Victims Support Group Forum attacks exemption U-turn.
Penny Speed meets... Kevin Betts, Airclaims' regional director Asia Pacific
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Market Moves - 6 February 2014
It was a busy week in recruitment again for insurers, with Ace, Marketform and XL Group among those recruiting.
Direct Group targets growth following business split and name change
Direct Group has split its business into two units comprising of claims and distribution services, reshuffled its executive team and changed the name of its holding company, amid plans to grow the business by 20% in 2014.
Garwyn boasts 69% portal retention rate
Davies Group-owned Garwyn has reported a retention rate for liability claims with the Ministry of Justice portal 20% above the industry average.