Claims
Majority of Kaikoura claims to be paid by end of year, says ICNZ
The majority of claims will be paid out for last year's deadly Kaikoura earthquake on South Island by the end of the year according to the Insurance Council of New Zealand.
This week: Planning, predictions and packing
I am most definitely a planner. Being organised usually tops my list of attributes in appraisals and most of my life as a busy working mum is run by lists. In fact the holiday I'm just about to fly off to has been two years in the planning.
FSCS refunds £8.3m to Gable policyholders
Premiums worth £8.3m have been returned to former policyholders of Gable Insurance through the Financial Services Compensation Scheme.
Insurance could cut natural disaster bill for developing nations by $11bn, says RMS
New types of insurance could cut the costs of natural disasters for poorer countries and reduce the amount of humanitarian aid needed, according to a new report.
Questgates appoints Ganson to its board
Colin Ganson has been appointed to the board of Questgates after taking part in the restructure and reorganisation of the firm’s property division.
Cunningham Lindsey names UK operations directors
Global loss adjuster Cunningham Lindsey has appointed two UK operations directors, Stephen Kerr and Scott Cameron in the South and North of the UK respectively.
Interview: Jeremy Hyams, Claims Consortium Group
Jeremy Hyams started his business with a £500 start-up bank loan 20 years ago. Now, CEO of Claims Consortium Group, he was recently the recipient of the Queen’s Award for Innovation.
Insurers face $22bn bill from first half nat cat losses, says Aon Benfield
The $22bn (£16.9bn) in insurer payouts from first half nat cat losses is 35% lower than the ten year average of $35bn according to Impact Forecasting - Aon Benfield's catastrophe modeling team.
On-demand insurance provider receives £1.2m in funding
Pay-as-you-go insurance provider, Zego has raised £1.2 million in a seed funding round following the launch of its first product led by Aviva.
Flood Re to grow policies by 50%
Flood Re will increase the number of policies by 50% by next year, its CEO said.
Lloyd's unveils recovery plans for market-turning event
Lloyd’s of London has outlined plans to enhance and speed up recovery in the aftermath of a market turning event, an insurable loss so significant it results in a rapid upturn in pricing.
Insurance Fraud Awards 2017 shortlist now available
Aviva, Allianz and Zurich are among the firms leading the way in terms of the shortlist for the Insurance Fraud Awards 2017.
Fraud category for Claims Awards Asia-Pacific 2017
Entries are open for this year's Claims Awards Asia-Pacific.
Cupitt promoted at McLarens
Global loss adjuster McLarens has promoted Australia marine manager John Cupitt to head of the company's global marine division.
Motor premiums see biggest spike ever following Ogden
Motor premiums have seen the biggest rise “ever recorded” owing to the government’s decision to raise Insurance Premium Tax and cut the discount rate.
Biba’s Steve White on keeping abreast with politics
Lobbying is a long game, writes Steve White, chief executive of the British Insurance Brokers’ Association, explaining why his trade body is cultivating its connections with both the government and the shadow cabinet.
Extreme cyber attack could cost as much as Superstorm Sandy, says Lloyd’s
A major global cyber attack could trigger $53bn of economic losses, the equivalent 2012’s Superstorm Sandy, according to a report from Lloyd’s.
Blog: Retaining and empowering staff with technology
Where news is dominated by the concept of data enrichment and there is talk of a ‘technical revolution’ we find ourselves in the middle of a steadfast digital age.
Blog: Telematics should be a given
Telematics insurance has become much easier and cost-effective for brokers and insurers to offer, says Selim Cavanagh, vice-president, Insurance, at Lexis Nexis Risk Solutions UK & Ireland, arguing it should now be a given.
FSCS paid out £375m over 2016/17
The Financial Services Compensation Scheme’s compensation costs totalled £375m in 2016/17 in response to almost 37,000 claims.
Interview: Grenfell Tower insurer reveals UK expansion plans
It is estimated that the Grenfell Tower fire could result in claims of up to £50m. However, the carrier responsible for insuring the building said that its expansion plans for the UK remain undimmed.
More Westminster terror victims bring claims against Zurich
Exclusive: More victims injured in the Westminster terror attack have brought compensation claims against Zurich.
Renewable energy surge results in new team for Cunningham Lindsey
Cunningham Lindsey has launched a team in response to greater demand for offshore renewable wind energy in the Netherlands.
Thomas Cook wins legal battle over bogus holiday sickness claim
Thomas Cook has successfully defended against a fraudulent holiday illness claim seeking damages of up to £10,000.