Claims
Comment: Creative fraudbusting
Appealing to the casual fraudster’s conscience won’t work – it’s time for a more direct approach, says Eddie Longworth.
Ex-RBSI claims trio targets insurance industry with advisory firm
A group of senior claims professionals have joined forces to target the insurance sector with the aim of helping firms navigate the raft of new legislation that is reshaping the industry.
3D film whiplash injury named in LV report of top rejected claims
A woman who attempted to claim £1000 for a cancelled holiday, having told her insurer she had suffered whiplash injuries after being startled by a 3D film, has been named among LV’s top 10 failed claims.
Early monsoon rain causes airport damage in Delhi
Powerful monsoon rain including a record amount at Delhi's Indira Gandhi Airport meaning passengers had to wade through water.
Insure the Box hackers sentenced after Ifed investigation
Two men who hacked into Insure the Box’s payment systems and secured £187 000 worth of car insurance for just £30 have been sentenced at Liverpool Crown Court.
Claims Awards 2013: Innovation of the Year – AIG
AIG’s use of the latest technology has revolutionised its investigation reporting, heralding a dramatic drop in time taken to assess and process claims, bringing benefits to policyholders.
Quindell prepares for full stock exchange listing
Quindell said it will be holding three "teach-ins" starting next Tuesday at its offices in Hampshire and London, in a bid to "provide a deeper understanding of the business".
Post Claims Awards - Ageas, AIG, Allianz, LV, Hiscox and RSA among the winners
LV and Ageas both won individual and team awards at last night's Post Claims Awards at the Grosvenor House Hotel.
Post Audio Supplement - 13 June 2013
Too busy to read the magazine or website? Want a quick update on the latest news?
Swiss Re warns of $44bn loss scenario from Chinese flood and storm surge
With its large economy and over half of its manufacturing centres exposed to flood risk, China represents a much bigger risk to insurers than Thailand, according to a new report from Swiss Re.
Charles Taylor targeting UK adjusting growth
Charles Taylor is looking to expand adjusting operations in the UK company market group, chief executive David Marock told Post today.
Post magazine - 13 June 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Hertz buys accident management firm CCL
UK Car rental giant Hertz has entered the UK replacement vehicle market with the acquisition of Dorset-based accident management provider CCL.
Accenture reports 10% rise in fraudulent insurance claims in three years
More than two-thirds (71%) of claims executives at European property and casualty insurance companies have seen an increase in the number of fraudulent claims over the past three years, according to Accenture.
Accenture finds fraudulent insurance claims rise 10% in three years
More than two-thirds (71%) of claims executives at European property and casualty insurance companies have seen an increase in the number of fraudulent claims over the past three years, according to Accenture.
Anti-fraud software could lead to 3% combined ratio reduction
A software firm claims it can reduce UK insurers’ combined operating ratios by up to 3% by tackling motor and liability insurance fraud with predictive analytics.
Insurers split over police’s burglary notification plan
Scheme developed to help reduce victims of crime
Lords: Independent body must oversee mesothelioma compensation scheme
Labour MPs criticise unfair start date that excludes half of all sufferers
FCA tells sector to change its ways in motor legal expenses insurance review
Industry reacts to recommendations including opt-in sale of MLEI cover
Pet insurers pay out £1.2m a day
Pet insurers are paying out £1.2m every day to cat and dog owners according to the latest figures by the Association of British Insurers.
News Review: 13 June 2013
News Review
Airmic 2013: Non-disclosure tops buyer concerns
The possibility that claims may not be paid due to innocent non-disclosure is the top concern of Airmic members, research has revealed.
Airmic 2013: Investment returns to blame for claims payments
Reduced investment returns and a lack of client knowledge is causing insurers to repudiate claims, Willis deputy chief executive Steve Hearn has claimed.
Penny Speed Meets... Simon Winnard
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…