Claims
Broking supplement - Price promises: Love it or hate it
While the price promise bandwagon is seen by some as a valuable marketing tool, to others it is merely ‘dumbing down’ the industry
North of the Border: Clarification over mesothelioma awards
In Elizabeth Wolff & Others v John Moulds (Kilmarnock) & Weir Construction (2011), Lord Doherty considers recent jury and judicial awards in fatal claims and clarifies the value of section 1(4) awards in a mesothelioma claim, under the Damages (Scotland)…
Technology: Time for an upgrade
The insurance industry has been out of step with technological advancement in the past, but can it break that trend in the future?
Editor's comment: Maelstroms on multiple fronts
This week has seen maelstroms on multiple fronts. As the devastation and mass fatalities caused by the Turkish earthquake continue to dominate news headlines, the insurance industry is bracing itself for a different bout of turmoil prompted by another…
$3bn Thai flood losses set to escalate as city centre inundation begins
Loss adjusters have told Post there is a “whiff of Katrina” about the Thailand floods, following predictions the disaster could cost more than the estimated $3.3bn (£2.1bn) insured losses.
Career development news: LV creates 150 jobs
LV has created 150 new roles with the expansion of its office in Brentwood. The site already employs 200 people and, with plans to enlarge its claims division, the insurer expects to add 45 new staff before the end of the year.
Fraud event: Gadget fraud on the rise as consumers look to upgrade
Insurers have been urged to “up the ante” against the rising number of younger consumers engaging in household fraud in order to gain a gadget upgrade.
Rating factors - Age: Age-old dilemma
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
Broking supplement - Interview Toby Esser: Expansive thinking
Toby Esser talks about striking serious deals, his acquisitive ambitions and plans to penalise paper-lovers
Damages & asbestos: Contrast and compare
Two personal injury compensation disputes have used judicial review proceedings to challenge the substance of the law. Neither were successful but will they still have consequences?
Thai floods: Waters set to overwhelm Bangkok
Loss adjusters are preparing for the complete flooding of Bangkok as waters reach the centre of the city.
Brunel sees rise in PII renewals
Brunel Professional Risks saw a rise in the number of solicitors’ practices placing their professional indemnity insurance (PII) business through the indemnity insurance broker by the 1 October renewal deadline.
UK motor insurers cough up for PPO
Insurers are seeing a steady rise in demand for periodic payment orders, backing the findings of the Institute and Faculty of Actuaries.
Post magazine – 27 October 2011
This week the Post team reports on feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting multinational firms including Apple and Ford Motors.
Thai flood losses set to escalate - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting…
Labour front bencher admits concerns over Jack Straw's referral fee ban plan
The Labour Party is not wholly behind its minister Jack Straw’s proposal to ban referral fees it has emerged.
Wide ranging losses predicted following Turkish quake
Insured losses from the magnitude-7.2 earthquake in eastern Turkey could be anywhere between $55m and $170m, according to catastrophe modeling firm Air Worldwide.
Turkey quake to cost as much as $200m
Catastrophe risk modelling firm Equecat has said the insured loss estimate for the 7.2 magnitude earthquake in eastern Turkey is in the range of $100m to $200m.
LAS recruits flooring validation manager
LAS Claims Management has confirmed it is to launch a range of dedicated claims validation services following the appointment of Martin Edwards, the former business development manager of Independent Inspections.
MA Assist delivers 30% cost savings in UIA tie up
MA Assist has won a three year contract to provide building claims and fulfilment services for UIA Insurance.
Questgates provides health fraud training
Questgates is to deliver accredited counter fraud training to Health Insurance Counter Fraud Group members.
Insurance Insight weekly update live - 21 October
Insurance Insight’s weekly update is live with an article on how brokers need to be up to date on the cyber risks their customers are facing; and a feature of how Lloyd’s of London has spread its each across Europe.
Lloyd’s in Europe
Lloyd’s of London is no longer only accessed through London and has spread its reach across the globe in recent times. Francesca Nyman asks how established it is in Europe and what challenges it faces here.
Carpet company boss found guilty of arson and insurance fraud
The boss of a large carpet warehouse company, has been sentenced to five and a half years in prison after being found guilty of arson and fraud after a fire broke out at his Knowsley-based depot in 2009.