Claims
Questgates goes for gold with Olympics mitigation plan
Questgates is preparing for the Olympics and Paralympics with a raft of measures designed to mitigate the risk of any negative impact on its services resulting from the games.
Comment: Compensation culture - myth or reality?
Is the compensations culture a myth or reality? Tom Jones offers his personal opinion on this controversial topic.
Legal groups to fight Travelers PI refusal
The Law Society and the Solicitors Regulation Authority are to take on insurer Travelers over its aggregating of fraud claims and subsequent capping of a solicitors’ professional indemnity insurance policy.
BMW recalls Mini over water pump
BMW has issued a worldwide recall for 235 535 cars for two models from its iconic Mini range because of a suspect water pump that may cause fires.
Catvest launches energy risk model
Catvest Petroleum Services, the specialist risk modelling, quantification and structuring firm for the energy and chemical sectors has launched its energy risk model and industry loss index.
Costa Concordia claims could cost £1bn
Insurers could face claims of up to $1bn from the Costa Concordia cruise liner disaster making it the biggest marine loss ever, analysts have warned.
Swiss Re warns quakes remain underinsured
Swiss Re has described the cumulative effects of earthquakes over the past two years as “overwhelming” but says the world’s worst affected areas remain underinsured.
Cunningham Lindsey COO axed following structure review
Cunningham Lindsey said that it will not be replacing the role of chief operating officer.
XL quiet over stricken liner losses
Lloyd's insurer XL is keeping tight-lipped about its potential claims exposure as lead insurer for the stricken cruise liner Costa Concordia.
Gracey sets out charter for IFIC clients
One of Bobby Gracey’s first moves as the new CEO of forensics investigators International Fire Investigators and Consultants has been to draw up a charter guaranteeing services standards to customers.
45% of all FOS cases brought by CMCs
Claims management companies accounted for 45% of cases taken to the Financial Ombudsman Service last year, according to a report by the government’s financial watchdog the National Audit Office.
Australian disaster claims total A$5bn
Australia’s eight natural disasters in 2011 cost general insurers approximately A$5bn (£3.4bn) – more than double the 2010 figure, the Insurance Council of Australia reports.
Willis teams up to boost 'renewable energy revolution'
Willis Group Holdings has confirmed a new strategic alliance with clean energy financier Narec Capital to unlock opportunities for firms in the renewable energy market.
Post Intelligence Benchmarking: Loss Adjusters Insight Report 2011
Based on comprehensive input from 90 unique claims professionals, the Loss Adjusters Insight Report 2011 gives detailed performance insight on the broker market's 10 most commonly-used firms of loss adjusters for commodity-type claims - and also for the…
Ex-Garwyn, Crawford and Cunningham staff launch new claims firm
A six-strong team of casualty claims experts has founded a new London Market-based consultancy called Applied Claims Consultancy.
DAC Beachcroft expands in Spain and Singapore
DAC Beachcroft has made appointments in its Spanish and Singapore offices to expand its international network.
Bin Shabib and Associates joins Insuralex
Law firm Bin Shabib and Associates LLP has been elected to membership of global insurance lawyers group, Insuralex.
XL may have $185m Thai flood claims
Insurer XL has said its preliminary net loss estimates from the Thailand floods could be as much as $185m.
Penny Black’s insurance week
Penny couldn’t help but feel sorry for Eddie Edwards, construction underwriter at Chubb Managing Agent, who has been on the personal end of a metal theft claim.
Breast implant scare could leave insurers facing multi-million-pound-bill
A £400m bill could land at the door of clinics and their insurers in the fallout of the banning of Poly Implant Prothese breast implants.
Mitie wins out in four-year repair tender with LV
Mitie has secured a four-year contract to manage and deliver building repair services valued at £20m with LV.
News analysis: Ombudsman moves to end ‘one size fits all’ fees for mass complaints
FOS consultation proposes supplementary fees to tackle record PPI complaints workload.
View from the top: Time for radical action on motor
Moving to a first-party system would fix many inherent problems and directly tackle inflated costs, says Andrew Torrance, Allianz Insurance.
Market moves: New faces in the broker space
This week saw a flurry of moves in the broking sector, with both Lorica and Alan & Thomas brining in several new faces.