Claims
View from the top: Business continuity needed for SMEs
Only 39% of SMEs have business interruption cover in place.
Legal analysis: Brokers should rethink fee structure in light of duty of care ruling
The ruling earlier this month in which a judge in the Royal Court of Jersey awarded damages of £528 500 against a leading insurance broker demonstrates that perhaps brokers need to charge more for their services as well as reconsider their role and…
Private equity: a new wave of investment
A new wave of private equity investment is entering the insurance market on the back of tougher bank lending terms. But is it here to stay?
Zurich campaign to abolish damages for fraudsters draws industry support
The potentially ground-breaking decision by Zurich fraud bosses to take their fight to refuse payment on the genuine element of a fraudulent third-party claim to the Supreme Court has drawn praise from industry peers.
In series Competitive edge: Big data, big deal
Insurers welcome the availability of more information on their insureds, but the handling of so much data presents many challenges.
Editor's comment: Shaking up the market
Two of this week's market stories - emanating from opposite ends of the insurance supply chain, and arising from both home and abroad - carry the potential for significant shakeup in the months to come.
Post magazine - 19 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
OFT to hold meeting with credit hire industry
The Office of Fair Trading is to meet with a host of credit hire companies on Tuesday as part of its market study into the rising cost of motor premiums.
Aviva pays Accident Exchange "seven figure" settlement
Aviva has paid credit hirer Accident Exchange a "seven figure" out-of-court settlement after using "dishonest" Autofocus evidence to reduce its hire charges.
MoJ had 9750 complaints in 2011 and shut 734 claims management companies
The Ministry of Justice has closed down 734 ambulance-chasing claims management companies, leaving 3018 authorised at the end of March, after receiving 9570 complaints in the past year.
IFIC Forensics lands Clyde FC sponsorship deal
International Fire Investigators and Consultants has agreed a deal to sponsor Scottish football club Clyde FC.
Insurers secure Edinburgh subsidence liability from Coal Authority
The Lands Tribunal in Edinburgh has found in favour of a consortium of insurers in a long running case against the Coal Authority relating to 24 subsidence-affected residential properties in Rosewell, near Edinburgh.
Resources in Insurance Group to expand
Claims management firm Resources in Insurance Group is to set up a new division for mentoring and placement services and develop an apprenticeship scheme.
Garwyn raids Zurich and UKGI
Garwyn has appointed former Zurich and UK General Insurance employees Daniel Grewal-Singh and Michael Robinson.
HSE lists top 10 health and safety myths
The Health and Safety Executive has published what it claims are the top 10 worst health and safety myths.
Cyclists and young drivers pose problems for Singapore insurers
Personal injury accidents involving cyclists and young drivers are two critical issues facing the motor insurance industry, according to the General Insurance Association of Singapore.
Non-life premiums may fall amid China's economic slowdown
China's economic slowdown may lead to reduced premium income for the region's non-life insurance market, according to a senior industry figure.
Insurer hails first ABI metal theft meeting a success
The Association of British Insurers and its members have held the first metal theft working group in a bid to find solutions to the escalating crime.
View from the top: Brokers failing to reach next-gen HNW customers
A new generation of potential high net worth customers are not being reached by brokers, says Justin Gott.
A century after the Titanic sank, human error remains marine insurers’ biggest foe
The Titanic disaster left over 1500 dead and the industry facing a record payout.
Talking point: unlimited damages for late settlement of claims
The Law Commission's review of insurance contract law has proposed the introduction of unlimited damages for late settlement of claims. But what does the industry think?
In series Competitive edge: A ring of steel to combat fraud
Insurers must have systems in place to prevent fraud, but many have taken this to a higher level and are gaining a competitive edge over their peers.
Regulation: The dangers of duplication as the FSA splits into two
The Financial Services Authority has mimicked the forthcoming twin peak regulation model ahead of its implementation in 2013, but will it prepare the industry for change?
Glad to be a loss adjuster: Interview with Crawford CEO Greg Gladwell
To give Crawford & Company an advantage over its competition, chief executive Greg Gladwell is harking back to the glory days of loss adjusting, playing up its heritage and his own insurer pedigree