Claims
Parliament: Highways contractors 'inflating claims'
Contractors for Highways England are allegedly submitting inflated claims for highway infrastructure damage caused during motor accidents, the House of Lords has heard.
Voyager Insurance names Carl Carter as managing director
Voyager Insurance has appointed Carl Carter as managing director.
ABI calls on government to defuse 'discount rate bombshell'
The Association of British Insurers has called on the government to take action against motor claims costs as premiums reach record levels for almost all age groups.
Government cracks down on false holiday sickness claims
The government has launched a crackdown on bogus holiday sickness claims.
This Month: Prizes, picnics and personalities
Taxis working the Royal Albert Hall patch this week had their hands and seats full, chauffeuring well-dressed ladies and gentlemen to the prestigious British Insurance Awards
Ex-Aviva employee sentenced after selling customer claims data
A rogue Aviva employee has been slapped with a two year suspended sentence after selling customer claims data for a total of £4500.
Industry thwarted £25m fraudulent claims a week in 2016
The insurance sector thwarted 2,400 fraudulent insurance claims valued at £25m every week in 2016, according to figures from the Association of British Insurers.
Crawford's Benedict Burke named Insurance Personality of the Year at 2017 BIA
A “seasoned campaigner,” Crawford & Company’s chief client officer Benedict Burke was handed the Insurance Personality of the Year prize at the British Insurance Awards last night for a sterling 18 months which has seen him make a mark on a number of…
LMA satellite service launches for nat cat claims
The Lloyd’s Market Association is to fund a satellite imagery and intelligence service that will enable improvements to claims processes and exposure management before and after a natural catastrophe.
When cyber gets physical
Recent events such as the Wanna Cry ransomware attack and British Airways’ computer outage have helped to drive sales of cyber insurance, but there are concerns that a significant part of the risk is being overlooked
Flood Re reports pre-tax profit of £130 million
Flood Re has reported a pre-tax profit of £130 million in its end of year results after backing 127,326 policies in its first year of operation.
Analysis: After Autofocus: Where next for the credit hire industry?
Last month, seven former employees of Autofocus were collectively given prison sentences of more than five years after being found guilty of doctoring hire rate evidence to defend insurers in court against credit hire companies in thousands of cases.
Wanna Cry fails to boost cyber insurance take up
The recent surge in ransomware virus attacks has seen little increase in enquiries for cyber insurance cover, survey findings suggest.
Blog: Growing timber insurance, the essentials
Growing timber insurance is a niche market that requires expertise, be it for underwriting or assessing storm damages. Frank McGaffney, loss adjuster at Agrical, explains.
International: Marine losses
Major marine losses are flowing again as ever larger, more sophisticated ships take to the seas.
80% of claims from Cyclone Debbie are residential
Damage to homes and contents have made up 80% of almost A$1bn (£590m) of claims from deadly Tropical Cyclone Debbie.
Kennedys reports an 8% increase in global turnover
Kennedys has reported an 8% increase in turnover for the financial year 2016/17 of £149.9m (2016: £138.8m).
LMA launches claims management hub for Lloyd’s carriers
The London Market Association has approved the creation of a claims expert management hub for Lloyd’s carriers.
Businesses to face bigger costs for ransomware attacks
Businesses are being warned that they could face greater financial fall-out if they become victim to a cyber or ransomware attacks, following the Petya attack on Tuesday.