Claims
Axa offers “full and final” £1.5m Accident Exchange settlement
Axa has made a bid to settle all of its credit hire disputes with Accident Exchange through a global settlement.
Axa makes senior claims appointment in Asia
Axa has appointed Leo Costes as regional claims practice leader for Asia.
AIG unveils space risks protection
AIG has unveiled a new product to protect satellite owners and operators for the launch and the first 10-years of the satellite’s in-orbit operation.
Vienna Insurance Group sees pre-tax profits slashed by floods
Austria’s biggest insurer has seen pre-tax profits drop by almost 32% following severe flooding in Central and Eastern Europe.
Aviva’s Clayden appointed to lead QBE European claims
Dominc Clayden, Aviva general insurance claims director, has been appointed claims director at QBE.
R&Q acquires Woodcroft Insurance
Randall & Quilter Investment Holdings has acquired the entire issued share capital of Guernsey domiciled captive insurer Woodcroft Insurance Company.
Post magazine – 29 August 2013
This week's issue of Post is now available to subscribers.
Bowman pledges dedication to UK business despite Aviva UK panel losses
Crawford & Company global chief executive Jeffrey Bowman has refused to rule out UK redundancies after the adjuster was axed from the panels of several major insurers.
Interview: Mark Cloutier: Maintaining momentum
After restructuring last year, Brit has posted impressive results for the first half of 2013 – and chief executive Mark Cloutier insists the firm is on the right track to becoming top dog at Lloyd’s
Claims Awards Asia open for entries
Entries are open for the inaugural Claims Awards Asia.
Aon, Deloitte and Clyde & Co linked to rogue PI SOCA list
Aon, Deloitte and insurance law firm Clyde & Co have been named among the firms that appear on the Serious Organised Crime Agency’s list of organisations that used rogue private investigators, the Mail on Sunday revealed.
Major insurers to contribute to No Claims Discount database
Lexis Nexis Risk Solution has secured contribution commitments with major brokers and insurers that account for approximately 45% of the motor insurance market.
Davies and Garwyn tight-lipped on acquisition rumours
Loss adjusters Davies and Garwyn are refusing to be drawn on growing market speculation of an acquisition, with Davies as the senior partner.
Ethics: Do the right thing
The insurance industry may need a root and branch overhaul of its approach to ethics. But with claims that companies don’t actually understand the issue, the road to restoring trust is set to be rocky.
Banks in £1.3bn insurance mis-selling pay-out scheme
The Financial Conduct Authority has reached an agreement with Card Protection Plan Limited and 13 high street banks and credit card issuers that will pave the way for redress to be paid to customers who were mis-sold CPP’s card protection and identity…
SGI Law acquires Challinors’ PI portfolio
Liverpool-based SGI Legal has acquired the personal injury caseload of Midlands-based firm Challinors.
Three men plead guilty to ‘crash for cash’ £150k fraud
Three friends from Liverpool have admitted deliberately causing a crash between a coach and a car on a Manchester motorway in a bid to make a fraudulent claim for personal injuries.
Insurance Insight Asia editor talks Philippines flooding to BBC
With businesses in the Philippines are still dealing with the aftermath of Tropical Storm Trami, Insurance Insight Asia editor Andrew Tjaardstra spoke to the BBC's Rico Hizon about what is happening and the cost of such natural disasters.
Insurance Insight Asia editor talks to BBC on Philippines flooding
With businesses in the Philippines are still dealing with the aftermath of Tropical Storm Trami, Insurance Insight Asia editor Andrew Tjaardstra spoke to the BBC's Rico Hizon about what is happening and the cost of such natural disasters.
Woman pleads guilty to 12 counts of fraud totalling £50k
A woman who submitted 12 identical claims to 11 insurers for cash, electronic and designer items in an attempt to gain £50 000 from bogus insurance claims has pleaded guilty.
In Front wins Aviva solus subsidence claims deal
Claims management firm In Front has won 100% of Aviva’s subsidence business, Post understands.
IFB slams Howard League fraud proposals
The Insurance Fraud Bureau has condemned a report from the UK’s oldest penal reform charity recommending convicted fraudsters are spared jailed.
Scotland’s future – financial services regulation
Among the questions Scotland's independence referendum raises for the insurance industry is how financial services would be regulated if Scotland votes for independence in September 2014.
Your Say: The few to affect the many
The recent story in Post on the agreement by SOCA to release the names, albeit confidentially, of companies, including insurers, which are alleged to have illegally instructed private investigators, is a worrying development for the reputation of the…