Claims
Zurich stops writing NZ earthquake cover
Zurich New Zealand will no longer write any new earthquake cover following the catastrophes in Canterbury and Christchurch in February.
Davies boss reveals change of PE backer
Davies CEO Charles Crawford today confirmed to Post that a buyout agreement has been reached which will see Electra Partners replace Lloyds Development Capital as the firm’s private equity backer.
BIS 2011: Industry warned over reliance on internet for information
“It is a danger to rely on publicly available information” the insurance industry has been warned by Ashwin Mistry, chairman of Brokerbility.
GAB Robins graduates first to pass CILA qualification
Three GAB graduate trainees have become the first to pass the new CILA certificate qualification.
Insolvencies drop among big firms
Credit data provider Experian says the rate of insolvencies dropped to 0.08% in August, its lowest point since February, but up on last August’s 0.07%.
Keoghs and ABI target Lib Dem conference for claims culture talk
Law firm Keoghs and the Association of British Insurers have held an event about the UK’s compensation culture at the Liberal Democrat conference.
Helphire board change over £29m error
Helphire board bosses have quit after shocking results saw pre-tax losses more than double to £34.1m.
Neave rebuts IFB ‘revolving door’ claims
Insurance Fraud Bureau chairman David Neave insists there is no “revolving door” problem at the industry anti-fraud co-ordinator, after Glen Marr announced he was stepping down from the director role after just over a year.
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Insurer
Judges applauded QBE’s initiative as “behaviour-changing stuff that makes a detailed case for rehabilitation at all levels”.
Internal fraud fight aided by recruitment changes
Technological advances and improved recruitment screening over the past three years have helped insurers tighten their grip on internal fraud, according to experts from two major insurers.
So, what exactly does a high net worth fraudster look like?
Arrogance, financial pressure and criminal activity are the major motivators of a high-net-worth fraudster, Sterling Insurance has revealed.
Loss adjusters criticised by brokers for cost-cutting measures
Brokers have hit out at loss adjusters for desktopping claims and using inexperienced staff to cut costs.
Looking back - 1991: Hitting the hot hatches
On 26 September 1991, Post reported a tale familiar to today’s law-abiding general public: soaring motor insurance premiums. Current year-on-year rises cited are in the region of 30% to 40%, but the figures from 20 years ago suggested hikes of up to 74%…
Rehabilitation First Awards 2011
Guests were welcomed to the Rehabilitation First Awards 2011 in the stylish surroundings of Le Meridien Piccadilly’s Oak Room by chair of the judging panel and editor of Post Lynn Rouse, who called on the industry to capitalise on the opportunity to…
Rehabilitation First Awards 2011: Case Manager of the Year
Five individuals were shortlisted for this award, having impressed the judges with their commitment to clients, innovative ways of working and persuasive case studies but Cath Townley inspired them the most.
Rehabilitation First Awards 2011: Outstanding Individual Achievement
Judges were simply overwhelmed by the number, range and content of the testimonials put forward in support of Carole Chantler as this year’s recipient of the Outstanding Individual Achievement award.
Online this week
The top ten stories from www.postonline.co.uk
North of the border: UK-wide outbreak of common sense?
After reviewing the Health & Safety at Work Act 1974, Lord Young made the point that, despite significant progress and the undoubted success of the Act, the standing of health and safety in the eyes of the public has never been lower. There is a growing…
View from the top: Time for action
Insurers must fight to protect their fundamental purpose faced with the threat of external interventions, says Barry Smith, CEO, Ageas UK.
Law report: Judge considers fire claim cause
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Case underlines need for prompt action on indemnity grounds
This law report has been submitted by national law firm Berrymans Lace Mawer.
Law report: Bentley hire recoverable but door open for argument
This law report has been contributed by national law firm Berrymans Lace Mawer.
Top 100 UK insurers supplement: Referral fees roundtable: The hot potato
With barely a day going by without another opinion voiced on the adverse effects of referral fees, our panel of industry experts debated their contribution to cost inflation and the bigger issues*
Top 100 UK insurers supplement - AM Commentary: An uphill struggle
With earnings down, falling reserves and diminishing returns on investments, the tough times continue for UK non-life insurers.