Claims
Scor places catastrophe bond against Europe and US perils
Scor has launched a multi-million pound catastrophe bond to provide protection against US hurricanes and earthquakes and European windstorms as part of a strategy to diversify its capital protection tools.
Go Compare boss to consider sale
Go Compare boss Hayley Parsons has reportedly appointed advisors to look at selling the aggregator.
GAB Robins loss adjusters gain gold Dewpoint accreditation
A group of loss adjusters from GAB Robins has become the first to be admitted to the new Dewpoint Professional Accreditation Scheme.
RSA launches Fit to Drive campaign with MP support
MPs have signed an RSA campaign urging the government to change the law on how drivers' vision is assessed.
Aria reaches partnership deal with Globe Med
Aria Assistance has signed a strategic partnership for the delivery of assistance services with Africa and Middle East regional healthcare business Globe Med.
LDC takes 22.5% stake in Keoghs
Private equity investor LDC has invested in Keoghs, taking a 22.5% shareholding, after the law firm was approved for an alternative business structure.
RTA Portal Co chooses IT partner for extension plans
RTA Portal Co has appointed CRIF Decision Solutions as a technology partner to implement changes to the existing electronic claims system as part of the extension of the RTA Protocol planned by the Ministry of Justice.
Crawford names chief administrative officer for EMEA-AP
Crawford & Company has appointed Chris Pinney, pictured, as chief administrative officer for EMEA and Asia Pacific with effect from 1 November.
Groupama to place 20 staff on redundancy consultation
Groupama Insurances has confirmed that up to 20 jobs in finance, IT, human resources and marketing are at risk as the firm seeks to reduce expenses and increase efficiencies.
Lloyds to set aside additional £1bn for PPI compensation
Lloyds Banking Group has earmarked a further £1bn to pay customers who were mis-sold payment protection insurance.
Lyons Davidson awarded ABS licence
Lyons Davidson has had its alternative business structure approved by the Solicitors Regulation Authority.
Post Blog: When Greg met Sandy
As superstorm Sandy created havoc across the eastern seaboard, Greg Gladwell, CEO UK & Ireland at Crawford & Company, found that his holiday in New York was not going to plan.
US firms hit by Sandy could face claims battle
Business losses triggered by superstorm Sandy are expected to be exacerbated by the fact that few firms have policies to cover loss of income when their operations are disrupted by a supplier’s poor fortune.
In Series: External Data - Analyse this
Insurers have an increasing amount of external data available to them, but how can they use this information to their advantage?
Brokers rate clarity of contacts crucial amid continued insurer restructures
Axa has retained the top spot in a broker survey of insurer performances in dealing with claims, underwriting and accounts.
Insurance chief urges HMRC to open up records to boost EL tracing hit rate
The Employers' Liability Tracing Office is demanding that the government supports its call for HM Revenue & Customs to assist in boosting the number of successful historic policy traces by providing employer reference numbers.
Davies appoints deputy chairman as interim CEO
Davies has confirmed that deputy chairman Mark Chapman has taken over as acting chief executive until a permanent replacement is found following Charles Crawford's departure.
Firms unprepared for Sandy BI losses, Willis' Texeira warns
Hurricane Sandy could cost insurers between $5bn and $10bn, according to a report in The Wall Street Journal, while Bloomberg reports that the hurricane's toll is poised to cause $20bn worth of "economic damage".
Editor's comment: Keeping cool in a crisis
In one sense it is heartening to witness the global insurance industry’s calm and confident composure in the wake of 'superstorm' Sandy.
Analysts predict 'superstorm' Sandy will strike primary insurers hardest
Lloyd's will avoid major losses relating to 'superstorm' Sandy, if early estimates that the primary insurers will absorb the bulk of the losses are correct.
Insurers fight back against riot response 'spin' claims
The Association of British Insurers has hit back at the London Assembly's "disappointing" and "meaningless" report on insurers' handling of last year's riots, arguing that it fails fully to understand the complexities of the claims handling process.
Post magazine - 1 November 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Crawford and Webb leave Davies
Davies chief executive Charles Crawford has left the firm along with recently appointed chief operating officer Andy Webb.
Caribbean cat risk report issued on Sandy
The Caribbean Catastrophe Risk Insurance Facility has issued a risk report after two of its members, Jamaica and the Bahamas, were hit by tropical cyclone Sandy.