Claims
Post magazine - 5 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Midas Underwriting creates 40 jobs
Enterprise Minister Arlene Foster has announced that insurance underwriting agency Midas Underwriting is to create 40 new jobs, supported by Invest Northern Ireland through the Jobs Fund.
Weightmans hires ex-copper as fraud lead
National law firm Weightmans has named former policeman and soldier Scott Bowers from law firm Browne Jacobson as head of fraud business development.
Paton eyes international growth at DAC Beachcroft
Incoming DAC Beachcroft claims solutions group chief executive Bill Paton has vowed to use his "extensive" contacts across the world to grow the law firm's presence in the Asia Pacific and Latin America markets.
DAC Beachcroft hands ex-Zurich boss Paton claims chief exec role
DAC Beachcroft has this morning confirmed the appointment of former Zurich Financial Services European claims director Bill Paton as chief executive of the law firm's claims solutions group.
Quindell ups stake in Ai Claims in takeover
Quindell Portfolio has bought a further 47.7% of Ai Claims Solutions for £3.1m, taking its holding above 77%, and has made a cash offer with share alternative for the rest of the business.
DWF and Buller Jeffries set for May merger
DWF and Buller Jeffries have today become the latest in a line of insurance specialist law firms to announce their merger. The firms revealed that they will join forces on 1 May 2012, when Buller Jeffries will be formally incorporated into DWF.
Sony warehouse fire not caused by rioters, police say
Insurers' claims for the Sony warehouse building burnt down during the riots was rejected because it was not caused by people "riotously and tumultuously assembled", the police have said.
Insurers better than most at tackling fraud
The insurance industry's £2.1bn of fraud is the biggest slice of the financial services sector's £3.5bn total and more than twice the size of its nearest rival mortgage fraud (£1bn), according to the government's National Fraud Authority.
Five shortlisted for Claims Awards Rising Star gong
Post can today exclusively reveal the shortlist for the Claims Awards Rising Star category.
Quindell buys in Enzyme with Thomson to become group chief revenue officer
Rapidly expanding insurance technology and claims outsourcing firm Quindell Portfolio has named Robert Thomson as group chief revenue officer and announced the acquisition of personal injury claims firm Enzyme International.
Police reject insurers' £80m riot claim
The Metropolitan Police Authority has turned down insurers' £80m claim for the Sony Warehouse building burnt down during last summer's riots, Post has learnt.
UK Supreme Court rules on asbestos trigger
The UK Supreme Court has put an end to years of uncertainty regarding asbestos payouts, ruling that the trigger date for mesothelioma claims is the date of exposure.
Buyer found for insolvent loss adjusters' contractor
A building contracting firm that worked on Crawford & Company, Merlin and LAS claims went into administration on Friday but was snapped up by another contractor six days later.
Davies and Charles Taylor still settling large riot cases
Charles Taylor Adjusting and Davies, appointed by the Metropolitan Police Authority to handle riot-related claims, have defended the time it is taking to settle the cases, stating the larger ones are complicated.
Law report: Assessing costs in infant claims
This law report has been contributed by national law firm Berrymans Lace Mawer.
Energy: Overcapacity causing problems as market rates stagnate
It has been a tumultuous few years for the insurance industry, and not many sectors have been affected as much as energy.
Your say: The reasons for standardisation
We would have been naive, here at Wunelli, to think our call for telematics data standardisation would not result in some debate, and we're pleased that it has - which is precisely why we are planning a think tank for all interested parties.
View from the top: The great rate debate
The rating environment continues to be the 'hot' topic in the insurance industry.
Personal injury firms feel pinch as pressure to consolidate intensifies
The sudden demise of Manchester-based personal injury law firm Donns, with ongoing cases sold on and all staff made redundant, has been hailed as a portent of market shake-up and consolidation, with other firms set to be swallowed up.
Axa starts with Blanc slate to help steer commercial business around
Brokers continue to experience a "lack of connectivity" with Axa Personal Lines, despite Commercial Lines getting a glowing report since Amanda Blanc joined to head up the business just over a year ago.
Omega international appeal soars following CNA £143m bid for Hardy
CNA acquiring Hardy could trigger a rush by international players to purchase Omega in a bid to access Lloyd's, analysts have predicted.
Market moves: Aviva shuffles its underwriting pack
Aviva was the major recruiter in the insurance industry this week, announcing a raft of changes to its underwriting team. The insurer promoted four staff to new positions while adding a further employee to the unit.
View from the top: FSA supervision strategy does not reflect risk of client detriment
As chairman of the Chartered Insurance Institute’s broking faculty, I recently had the pleasure of visiting the Financial Services Authority to hear about the impending changes to our regulatory world and it was a fascinating insight into what’s going on…