Claims
C-Suite - Insurer: Why flood investment is needed
Flooding in the UK has highlighted the importance of a swift response to customers in need.
High-net-worth firms get behind ABI’s band H stance
The Association of British Insurers' support for including band H properties in Flood Re has been welcomed by high-net-worth firms.
RAC partners with Quindell for £100m telematics joint-venture
RAC and Quindell have come together to launch a new joint-venture company to distribute telematics and connected car products.
Apil unveils Hilllsborough psychiatric harm campaign
The Association of Personal Injury Lawyers has launched a new campaign to change the law on psychiatric harm ahead of the 25th anniversary of the Hillsborough tragedy.
Guidewire secures Axa Tianping as first customer in China
Chinese motor insurer Axa Tianping (recently renamed) has selected Guidewire ClaimCenter as its new claims management system.
Charles Taylor CFO quits for PE role
Charles Taylor finance boss Tito Soso has resigned for a senior leadehip role in a “leading” private equity firm.
Chile earthquake damage expected to be limited
According to AIR Worldwide, several homes have been destroyed but overall there have been no major reports of damage from the 8.2 magnitude earthquake that struck off the coast of Chile earlier in the week.
Clayden pledges claims overhaul after axing quarter of solicitor panel
QBE’s claims director Dominic Clayden has told Post he will overhaul the insurer’s claims handling after completing a review that saw QBE shrink its solicitor panel by a quarter.
Climate change outlook sparks calls for increased government flood spend
A report predicting a dramatic increase in European flood risk exposure due to climate change has prompted calls for the UK government to up its spending on flood defences.
Five dead as 8.2 magnitude earthquake hits Chile coast
A tsunami warning is in place for the Pacific coast after a 8.2 magnitude earthquake occurred last night around 80km off the coast of Chile.
Editor's comment: Handle whiplash issue with care
There are some life lessons that are easily learnt and rarely forgotten. For example, putting your head in a lion’s mouth is not advisable, and jumping off a cliff might hurt a bit if you’re not attached to a parachute or hang glider or if you’re not…
Rehabilitation-only personal injury whiplash debate fails to gain traction
Insurers highlight claims time frames as area of major concern
Industry questions FCA’s decision to probe commercial claims handling
Regulator reveals more thematic reviews to be undertaken in 2014/2015
CHO boss says ‘self interested’ insurers are hampering fight against fraud
DAC Beachcroft estimates credit hire fraud is worth up to £75m a year
Medical Devices: Ripple Effect
The shockwaves of the Poly Implant Prosthèse breast implants scandal are continuing to affect insurers and the regulation of medical devices
BIA Countdown: 20 years of major loss
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to major loss experts at insurers and claims firms who have experienced wins over the years, asking them how the industry has changed since the first…
Roundtable: Legal Reforms: Laspo: One year review
It is one year since the introduction of the Legal Aid, Sentencing and Punishment of Offenders Act and, more importantly for insurers, the Jackson reforms. Have they been a success or a failure?
The Jackson reforms one year on: What impact have they had?
The Jackson reforms were implemented a year ago through the Legal Aid, Sentencing and Punishment of Offenders Act 2012.
Peak Re appoints from Marsh for head of claims
Peak Re has appointed Sophia Chiu as senior vice president for claims.
One third of flood victims without home insurance survey finds
One third of British adults affected by the recent UK floods don’t have insurance that protects their home from flooding, a PWC and You Gov survey has found.
Ageas confirms more than 14 500 interim flood payments made
Ageas has made more than 14 500 interim payments to victims of winter flooding in the UK, chief executive Andy Watson says.
Quindell boss optimistic on swift full listing as attention turns stateside
Quindell executive chairman Rob Terry has described the early June target for a full listing on the London Stock Exchange as a “conservative estimate” and has underlined his interest in seeking a dual listing in the US.
FCA to investigate commercial claims among string of new reviews
The Financial Conduct Authority is to look into the commercial claims market in one of a string of thematic reviews for the general insurance sector announced in its annual business plan today.
Quindell outlines plans for full listing following year of soaring profits
Quindell recorded a 202% increase in profit before tax totalling £107m last year (2012: £35.4m) as the outsourcing provider plans to launch a full listing by the beginning of June.