Claims
Claims Club News - 27 February 2014
All the news from Post’s Claims Club event on 19 February
Expertise in Action: Occupational disease claims from industrial deafness to mesothelioma
Despite a decline in the UK’s traditional manufacturing industry - and the tightening of legislation to improve hearing protection, industrial deafness claims are on the rise.
Expertise in Action: Employers’ Liability: Have you heard?
Noise-induced hearing loss claims may be set to fall in number in the future but insurers must face the challenges they bring today.
Legal update: Fraud: Fraudster jailed for nine months after surveillance proves exaggeration
Leanne Revitt examines a case where a claimant grossly exaggerated his injuries.
C-Suite broker: Solving fraud through collaboration
Some criminals are moving from smuggling drugs to smuggling ivory, as the chances of getting caught are lower and the penalties more lenient.
Trade Voice: Flooding: the rules of engagement
The recent industry chief executive roundtable with ministers served as a reminder of how critical the role of insurance is to government and society in dealing with the problems caused by the ongoing flooding.
PPI claims 'yet to peak' warns FSCS boss
Claims numbers for payment protection insurance are yet to reach their zenith according to the head of the Financial Services Compensation Scheme.
LMA to launch Lloyd’s claims review
The Lloyd’s Market Association has unveiled plans for a review into the quality of claims management in the London market.
Airclaims to embark on Asia-Pacific recruitment drive
McLarens-owned aviation loss adjuster Airclaims is planning to embark on a recruitment drive in Asia-Pacific following increased demand for its services in Singapore, Australia, New Zealand and India.
Lowered credit hire costs remain 'unacceptable' says ABI
The impact of credit hire on motor premiums remains unacceptable according to the Association of British Insurers, in spite of revised figures being issued by the Competition Commission this week.
Personal injury CMCs numbers almost halved since December 2011
Numbers of personal injury claims management companies have dropped 45% since December 2011 following a Ministry of Justice clampdown on rogue firms.
Q+A with vice president, and head of risk and insurance, A.P. Moller-Maersk
Post interviews Lars Henneberg, vice president and head of risk and insurance, A.P. Moller-Maersk who will be speaking at the Claims Conference Asia on 20 March in Hong Kong.
'Window of opportunity' and sum insured discussed at Claims Club Asia
In the first Claims Club Asia meeting of 2014, leading experts in the claims space gave their insights into how the claims community can ensure greater co-operation to help clients.
'Loss adjusting' will drift away says Innovation Group boss
After sealing a £35m deal to acquire LAS, Innovation Group chief executive Andy Roberts has forecast the demise of loss adjusting as terminology.
CHO chairman demands further credit hire estimate cuts
Competition Commission reductions to the cost to credit hire do not go far enough according to Steve Evans, chairman of the Credit Hire Organisation.
Competition Commission cuts £30m from credit hire cost estimates
The Competition Commission has admitted errors in its figures on the cost of credit hire, lowering its estimated impact on motor premiums.
Motor Claims 2014: Thatcham boss claims no driverless vehicles on road within next three years
Fully autonomous vehicles are unlikely to be on UK roads in the next three years, despite moves by government to invest in the emerging technology, according to Thatcham Research chief executive Peter Shaw.
Insurers to supply experts to PM’s flood grant scheme
Insurers have agreed to supply a team of technical experts to work with the government on a scheme to provide grants to flooded home and business owners at today’s Downing Steet flooding summit.
Career development: Questgates makes training pledge
Specialist loss adjuster Questgates has pledged to put all its internal claims handlers and specialists through professional examinations as part of a scholarship programme launched last year.
UK General wins schemes deal with Best Insurance
Leeds-based specialist insurer, UK General, has designed a bespoke income protection policy in a deal with Sussex firm, Best Insurance.
Spotlight On – Fraud: Building on the foundations
The insurance industry’s approach to fraud has progressed enormously over the past 20 years but there is still more to be done.
Miliband demands accelerated flood claim payments
Labour party leader Ed Miliband has demanded insurers settle payments on flood claims within weeks of submission.
Which? demands end to premium rate customer lines
Which? has renewed calls for the insurance industry to bar the use of premium rate phone lines for customers.
Insurers head for cabinet office flooding summit
Chief executives from Aviva, Direct Line Group, Axa, Lloyds Banking Group, Ageas and the Association of British Insurers are set to meet ministers today to brief the government on flood recovery.