Claims
Lloyd's: Too early to assess Japan losses
Lloyd's has said it is "far too early" to assess the business impact of the natural disasters to hit Japan over the last 24 hours.
Biba welcomes motor cost report
The British Insurance Brokers’ Association (Biba) has welcomed the Transport Select Committee’s report into the cost of motor insurance.
Caribbean risk pool appoints Guy Carpenter
Guy Carpenter has replaced Aon Benfield as the placing broker for the Caribbean Catastrophe Risk Insurance Facility.
Dedicated insurance police force mooted
The Association of British Insurers general insurance council will debate the setting up of a dedicated police unit aimed at tackling insurance fraud at its next meeting on Thursday 17 March, Post has learnt.
ABI: transport committee motor insurance report is a "missed opportunity"
The Association of British Insurers has accused the transport select committee of "choosing to ignore” vital evidence provided by the insurance industry into the cost of motor premiums.
Claims operation launches to assist the London market
A new company offering claims management services to assist the London market has been launched.
RBSI claims director joins Weightmans
Weightmans boosted its insurance offering with the appointment of Kate Lotts to the newly created role of head of policy development (insurance).
Canopius accuses industry of "folly"
Canopius chairman Michael Watson has accused the insurance and markets of “folly” as rates continue falling despite 2010 being “one of the six” most costly years for insured catastrophe losses.
Catlin estimates $125m quake loss
Catlin Group has estimated that the 22 February 2011 earthquake near Christchurch, New Zealand caused its losses of $125m.
Post history - 10 years ago: Rock band serves writ on syndicates
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Professional indemnity - legal services shake up: a plethora of problems for solcitors?
With the legal services industry set for a structural shake-up, Mike Willis and Lindsay Bowskill consider the impact on its insurers.
Lack of personality means technology will never replace people
Human expertise in insurance will never be totally overshadowed by technological advances, stressed the breakfast briefing panel.
Disease claims - mesothelioma: minimising costs while maximising speed
Mesothelioma claims are not set to peak until at least 2015. David Wynn details what insurers should be doing now to minimise their cost burden, while maximising speed of settlement.
Inward-looking nature is holding back industry, claims IBM partner
The insurance industry's ability to execute intelligent decisions in the form of rules-based 'next best' actions is hampered by its "inward-looking" nature and failure to extrapolate from external experiences.
Technology reliance must not hinder contingency plans
Robust contingency plans must be in place to avoid over-reliance on technology, panellists warned.
Career development & CSR: Claims management firm attains IIP gold standard
ULR has joined the 1% of accredited companies to be awarded the gold standard by Investors in People.
Disease claims: amendments to the pre-action protocol for disease
Recent amendments to the pre-action protocol for disease and illness claims underline that the claims process is a genuine two-way street. Ian Macalister details the encouraging changes.
Legal update - winter damage claims
Severe cold snaps during the past two winters have propelled potholes to centre stage, provoking liability claims. Caroline Elson explains the arguments and outcomes of recent cases.
Claims leakage approach sees a seven-to-one ROI
Martin Ashfield, head of commercial property claims at Axa Insurance, attributed the end of its historical "master-servant" relationship with suppliers to its investment in a consistent rules-based approach to claims leakage. Citing a seven-to-one return…
Public sector reveals way on administration savings
The insurance industry could do worse than look to its public sector counterparts to learn how 'intelligent decisioning' can simplify complex processes and witness the value of claims automation.
Post history - 50 years ago: RAC backs bad driver punishment
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
People moves – 10 March 2011
A round-up of people moves and new appointments in the industry, as featured in the 10 March 2011 edition of Post.
Climate change – are insurers getting behind their own green policies?
With the general public becoming ‘bored’ by environmental issues, Veronica Cowan asks if insurers are really getting behind their own green policies.
Aviva takes minority stake in rehabilitation firm HCML
Aviva Health UK has made a “significant” investment to secure a minority shareholding in rehabilitation firm HCML.