Claims
Questgates completes minor recruitment drive
Growing demand is behind a minor recruitment drive at Questgates. The company has made four new appointments and promoted two.
Law firm sale hinges on SRA approval
Solicitors Regulation Authority approval is required before one of the first law firm takeovers can go ahead.
Cruise ship disaster: Hannover Re hit with multimillion pound loss
International reinsurer Hannover Re has suffered a marine hull loss of €30m from the Costa Concordia disaster.
Hannover Re expects double-digit million euro loss from Concordia
Hannover Re’s total loss from the stricken Costa Concordia could be in the mid-double-digit million euro range, according to the firm.
Product recalls jump 27%
UK product recalls have jumped by 27% from 229 in 2010 to a record 291 in 2011, the second year in a row to see record breaking increases, says City law firm Reynolds Porter Chamberlain.
Axa to use BAE systems fraud detector
Global insurer Axa has signed up to use BAE Systems claims fraud prevention service which it says will increase its efficiency and prevent honest customers from paying for fraudulent claims.
Crawford to handle Oxford St flood claims
Loss adjuster Crawford & Company has confirmed it is handling claims arising from a burst water main on Oxford Street in London.
Haymarket expands marine security in face of piracy threat
Haymarket Risk Management is expanding its maritime security division in response to the growing threat of piracy.
Monoline insurer snaps up multi-million pound Ambac hospital deal
Troubled monolines insurer Ambac has lost a £100m hospital guarantee bonds contract to Assured Guaranty and its rival vows to replace it on more infrastructure projects this year.
Aviva transfers 80 claims staff to G4S
Eighty field-based investigators have left Aviva as part of a shake-up of its motor and bodily injury claims division.
Romanian protest damage not covered by most policies
The damage from violent street protests in Bucharest on Sunday (January 15) could amount to between €300 000 and €450 000, most of which are not thought to be insured.
Your say: Catalytic converters targeted
Having read the article on the authorities’ slow reactions to metal theft I wanted to highlight that another area being targeted by thieves is motor catalytic converters.
Your say: Tackle the dealers
I read with interest the recent article regarding the industry’s battle against metal thefts — ‘United response called for as metal theft cases see substantial increase’ – and fully support a more co-ordinated approach by insurers to tackle this issue.
Government must pass whiplash legislation quickly claim insurers
Insurers have backed calls for legislation, if something is to be done quickly about spiralling whiplash claims in the UK.
Market moves: Insurers and consultants up the pace
As the insurance sector settles into 2012 its activity in the recruitment space has gathered momentum. Insurers had a busy week, with Markel, Mitsui Sumitomo and Royal Bank of Scotland Insurance bringing in fresh faces. Brokers, meanwhile, had another…
Law report: Detrimental treatment of whistleblowers must be influenced by protected disclosure
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Failure to diagnose rheumatic fever contributed to stroke
This law report has been contributed by national law firm errymans Lace Mawer.
Law report: Overtaking driver held liable
This law report has been contributed by national law firm Berryman Lace Mawer.
View from the top: Lessons from the East
Catastrophes in Japan showed the resilience and strength of the industry, says Andrew McKee.
Claimant's view: A crisis of your own making?
What does a compensation culture look like? Is it statistics that show road traffic accident claims rising year-on-year? It cannot be employers’ liability statistics, which are falling.
Employment: Hiring and firing
There are two sides to the recruitment story in the insurance industry — while some are reducing their headcount, others are looking to bring in fresh faces.
Post magazine – 19 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Government cat fund for Thailand
A £1bn Thai catastrophe fund is to be set up by the local government to provide cover for households, small to medium sized enterprises and industrial factories against floods, wind storms and earthquakes.
Fraud unit makes further arrests
The insurance fraud police unit has made a further five arrests - less than a month since its launch.