Claims
L&G drops GAB Robins from claims pilot
Legal and General will proceed with two loss adjusters on its claims pilot programme after dropping GAB Robins.
Ifed raid: Joining up with the front line
When it comes to the industry-funded Insurance Fraud Enforcement Department, market attention normally focuses on the severity of the sentences handed down to ghost brokers and crash-for-cash fraudsters. Callum Brodie joined the Ifed team for an early…
Loss adjusting: Back to the future
Loss adjusters should learn from the past in order to rediscover the human touch – and returning to regional markets is a good start, says Trevor Latimer
PI lawyers deny ethical standards slipping
Personal injury lawyers have denied ethics in their business are slipping, suggesting trained lawyers are increasingly forced by time pressures to be more distant from their clients.
New Apil president promises discount rate fight
Newly-elected Association of Personal Injury Lawyers president Matthew Stockwell has marked his debut with a combative speech pledging to resist any increase of the discount rate.
PPOs a “ticking time bomb” says legal expert
Periodic payment orders represent a “ticking time bomb” for injury lawyers and insurers alike, according to one speaker at the Association of Personal Injury Lawyers’ annual conference.
Discount rate proposals attack the 100% compensation principle
Calls for changes to the current approach for setting the discount rate are attacking the principle that injured people should receive 100% of their compensation, David Westcott QC has argued.
DAC Beachcroft acquires PI team in Newport
DAC Beachcroft has acquired a professional indemnity team in south Wales, led by partner Clare Hughes-Williams.
Your say: The warm weather is a damb squib
A slight rise in temperature and drier conditions has done little to ease pressure on claims staff who continue to deal with large numbers of claims flowing from the heavy rainfalls of 2012.
Law firm and solicitor numbers drop in industry first
The number of law firms and private practitioners in England and Wales have both decreased for the first time ever, according to the latest Law Society’s Annual Statistical Report.
Charles Taylor appoints director
Run-off specialist Richard Hayes has joined Charles Taylor Insurance Services as strategic business planning and development director and is charged with driving the firm's plans for growth in the insurance services market.
Quindell enters North America through acquisition
Quindell Portfolio has entered the North American insurance market through its acquisition of software as a service-based provider Iter8 in a deal worth £20.8m.
Motor Insurance: Claims, lies and videotape
Dashboard cameras are commonplace in Russia to prove road accidents to the courts and to protect against police corruption. But what impact do they have on the insurance sector? Anne-Louise Fogtmann explains.
Post magazine – 18 April 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Minimal losses expected from Iran earthquake
Significant losses are not expected following the powerful M7.8 earthquake that struck Iran on 16 April, according to catastrophe modelling firms.
Insurers not yet in the clear over horsemeat scandal as claims emerge
Contaminated meat claims linked with the horsemeat scandal are now reaching insurers despite clauses that limit liability within product recall policies.
Aviva, RSA and Allianz await fallout from Savile abuse allegations
Aviva, RSA and Allianz were the BBC’s primary insurers during the 40 years that alleged sex offender Jimmy Savile worked for the broadcaster, and could face sexual abuse claims of up to £30m.
Market Moves: Insurers take the week’s spoils as Ace leads recruitment surge
This week, insurers were on top, with Ace, Covéa and Liberty Mutual among the firms to have tied up deals to bring in new faces.
Loss assessor Thompson & Bryan bought from administration
Troubled loss assessor Thompson & Bryan has been rescued from administration by former Harris Balcome partner Paul Lawrence, who has purchased the intellectual property and work in progress.
In Series: Personal Lines: Getting the balance right
Insurers are deploying fraud detection measures earlier, in an attempt to reduce exposure, while still providing a good customer experience. by Graham Odiam
In Series: Personal Lines: First line of defence
Insurers should embrace the power of data to detect and prevent fraud at an early stage.
Law Society: whiplash inquiry is not fair
The Law Society has said the Transport Select Committee’s whiplash inquiry is hearing only the insurers’ side of the argument on whiplash.
View from the Top: The end of boom and bust
I was recently thinking that I may never see another overall hard market cycle in my lifetime and we have speculated here that new forms of investment and rapid capital deployment could have a major impact on the market if more consistently applied.
View from the Top: Protect young drivers now
We need a combative strategy to reduce the risk of catastrophic accidents, says Tom Woolgrove, managing director of personal lines, Direct Line Group.