Claims
Market Moves: MGAs make a raft of recruitments as broking is unusually placid
Exits and entries were once again high on the agenda this week as a number of managing general agents, including Argenta and UK General, unveiled a host of high-profile appointments. While the broking sector was uncharacteristically quiet, Mitsui…
View from the Top: Specialist insurers must up their game
The quota share, that simplest of arrangements where premiums and claims are split by the parties in a pre-agreed fixed proportion, is losing its innocence.
ABI hits back at Law Society over PI campaign
The Association of British Insurers has criticised the Law Society’s advertising campaign for personal injury, which features the strapline “Don’t get mugged by an insurer – use a solicitor.”
Motor Insurance: The road to profit
Could recent legislation provide the turning point motor insurers need to drive them into long-awaited profitability, or are tough times set to continue?
Golf injury liability settlement reached
Lawyers acting for a Scottish golf club and two players have reached a last minute settlement after a liability dispute looked set to reach the Supreme Court.
Aviva to close Manchester motor claims unit
Aviva is getting rid of 200 jobs in its Manchester based motor injury claims department, according to local press reports.
Claims Club Monthly Missive: Young driver safety consultation delayed
The issue of road safety, along with flooding and whiplash, has been at the top of the agenda when it comes to the insurance industry’s engagement with politicians.
Post Intelligence – Insurance Industry Tracker: Q1 2013 review
Post Intelligence, the research arm of Post has launched The Insurance Industry Tracker, a quarterly industry review designed to keep you abreast of industry developments.
Costs of Australia's disasters could triple by 2050
Costs of natural catastrophes in Australia could rise from A$6.3bn to A$23bn by 2050 as population density and storms increase according to a new white paper.
German floods could cost insurers €5.8bn
Historic floods in Germany are likely to generate insured losses of between €4bn and €5.8bn, according to catastrophe modeller AIR.
Helphire to resume dividend payments following High Court order
Helphire Group has been granted permission to resume paying dividends by the High Court.
German floods could cost insurers up to €5.8bn
Historic floods in Germany are likely to generate insured losses of between €4bn and €5.8bn according to AIR Worldwide.
RSA appoints CET for home emergency services
RSA has signed up claims specialist CET to provide home emergency services to customers.
Claims Awards 2013
The Post Claims Club celebrated its 10th year in style last week at the Grosvenor House Hotel with the Third Annual Claims Awards.
PI firms risk being sued if they continue to undervalue serious injury claims
Claims management companies reportedly targeting under-settled claims.
Aviva grilled over ABS ambitions
Aviva has confirmed it is not in the process of applying for an alternative business structure after direct questioning by the Transport Select Committee.
Airmic 2013: Airmic CEO offers ‘antidote’ to basis clauses problem
Airmic chief executive John Hurrell has told members the body will be more focused on the “technical agenda than ever before” as it tackles issues such as basis clauses.
Interview: Chris Hall - A quest for success
A decade ago Chris Hall led a small team that risked it all to buy loss adjuster Questgates. Now it is worth £11m – and the managing director hopes to double that figure within the next 10 years.
Penny Black's Insurance Week - 20 June 2013
Penny saw several delegates looking a little jaded on the final day of the Airmic 2013 conference in Brighton, but none quite so worse for wear as the good fellows from the Institute of Risk Management.
HBC Vehicle Services completes MBO from founder Terry Holding
The management team at HBC Vehicle Services has successfully completed a management buyout of the business from founder Terry Holding.
Talanx expects under €250m losses from European floods
German insurance giant Talanx has estimated its net loss from flood claims in Germany and neighboring countries at less than €250m.
Payment Protection Insurance: Paying the price
With payment protection insurance complaints putting a seemingly never-ending financial strain on the industry, can the product ever bounce back?
Directors and officers' premiums soar in China
The costs of obtaining directors' and officers' insurance has soared thanks to a rising number of multi-million dollar lawsuits.
Law report: Moped racer sees claim reduction
This law report has been contributed by law firm Berrymans Lace Mawer.