Claims
Data Analysis: Cost-of-living increase drives one-in-10 to cancel insurance products
Exclusive: One in 10 people surveyed by Post and Consumer Intelligence said they had cancelled an insurance product in the last six months due to the cost-of-living squeeze.
SBS buys Independent Inspections
SBS Insurance Services has bought Independent Inspections for an undisclosed sum.
BI ruling and Covid impact drive claims vacancy boom
Job adverts for claims roles are on the up, research has suggested, with the business interruption ruling a likely driver.
Intelligence: Greening the broking industry
Insurers are shouting loud and proud about the actions they are taking on environmental, social and governance issues, and this is moving down their supply chains too. Fiona Nicolson investigates how the broking sector is being affected by this, and how…
Blog: Importance of robust agency arrangements in insurance sales and supply chains
With Axa suing Santander for £624m over its payment protection insurance policies, Caroline Harbord, partner, and Charlie Paddock, trainee solicitor at law firm Forsters, discuss the importance of robust agency arrangements in insurance sales and supply…
LV, Axa and Keoghs smash fraud ring; Flood Re launches Build Back Better; Howden buys SPF; Go Insur backs start-up Insuristic
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Fears OIC portal is not meeting objectives as unrepresented claimants make up less than 10% of users
Latest figures from the Ministry of Justice show that unrepresented claimants still make up less than 10% of those using the Official Injury Claim portal, as concerns grow that portal is not meeting objectives of being “consumer friendly”.
Intelligence: Our duty to protect must begin now
Protect Duty legislation has been touted as a way to reduce the potential for catastrophic events from terrorist attacks at publicly accessible locations, and it is likely to affect public and employers’ liability polices. But, as Edmund Tirbutt reports,…
Revolut in Allianz tie-up; AUB confirms Tysers talks; QBE poses resilience challenge; and Rear’s SPAC Financials Acquisition Corp to raise £150m via listing
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
British Insurance Awards: 2022 shortlist revealed
This year the British Insurance Awards return back to their spiritual home at the Royal Albert Hall after a two year absence.
Woodgate & Clark acquires media and entertainment adjuster Spotlite
Woodgate & Clark has acquired media and entertainment adjuster Spotlite as it continues to build specialist expertise.
Blog: The curious incident of the dog and the bite crime
Rebecca Conway, chief legal officer at Arc Legal Assistance, reflects on the increase of pets in households in the UK during lockdown, and what route policyholders can pursue if they are bitten by a dog that has not been trained or socialised enough.
Clyde & Co merges with BLM; Beazley unveils underwriting structure; KGM buys Eridge Underwriting Agency; Blanc becomes WWF ambassador; and Swiss Re warns of global protection gap
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Robust e-scooter regulation needed at 'earliest opportunity', sector urges Shapps
Four insurance industry trade associations have called on the government to bring in 'robust' legislation around the use of e-scooters as soon as possible if they are to be permitted beyond current trials.
Judgment closing dental liability loophole could herald insurance step change
A Court of Appeal judgment has closed a legal loophole that meant dental practices were not liable for injuries caused by individual dentists during treatment, potentially further opening up the market to commercial insurers.
Axa will not appeal Corbin & King BI verdict
Axa has decided not to appeal a £4.36m Commercial Court business interruption judgment against it.
Data analysis: FOS insurance backlog tops 9000 cases
Freedom of information requests by Post and sister title Insurance Age have laid bare the scale of insurance case delays at the Financial Ombudsman Service.
Inside Out: A former BI insider looks at what the insurance industry should have learnt in the past two years
Post invites industry insiders affected by key issues they believe insurance is getting ‘inside out’ to share their perspective and state their case for change. Here, a former business interruption insider talks about how the recent Corbin & King v Axa…
Claims Consortium Group expands claims handling services with acquisition
Exclusive: Claims Consortium Group has acquired loss adjuster Roger Rich & Co for an undisclosed sum.
Thatcham hails Mercedes’ move as 'milestone' in automated driving; Admiral strikes ADR deal; Marsh launches ESG rating; and MS Amlin commits to Net Zero
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Market price increases not matching motor claims inflation, warns Sabre's Carter
Increases in the price of car insurance are not keeping pace with claims inflation, Sabre CEO Geoff Carter has warned.
‘A sigh of relief’ for the industry as MoJ plans no further action on credit hire and rehabilitation
Self regulation has been heralded as the Ministry of Justice confirmed it will take no further action on credit hire and rehabilitation after publishing its response to part two of the whiplash reforms.
Insurance sector faces 'serious consequences' as Northern Ireland sets its discount rate at minus 1.5%
Industry experts have warned the insurance market could face "serious consequences" after the Northern Irish Government Actuary changed the personal injury discount rate to minus 1.5% from minus 1.75%.
Ageas' Adam Clarke on inflation pushing up insurance prices
With inflation at front of mind for everyone, Adam Clarke, chief underwriting officer at Ageas Insurance, explains why its only a matter of time before insurance customers feel the pinch too.