Claims
This month in Post: Power, transformation and the rise of the machines
This month, Post casted a musing eye over the year ahead. With Brexit negotiations still waging, the new General Data Protection Regulation coming into effect and Ogden reforms still looming over the industry, 2018 is set to be a busy year.
Perils revises Xavier loss estimate
Cyclone Xavier, which hit Germany in October last year, is estimated to have cost insurers €325m (£289m).
PCS to launch terrorism risk model
Property Claim Services is to launch a specialty lines loss aggregation solution for terror in the first quarter of 2018.
Holiday claims firm in liquidation after being stripped of license
A claims firm which had its license revoked after encouraging holiday makers to fabricate gastric illness claims has been placed in liquidation.
Claims firm boss fined for 'unusual' attempt to buy number plate
The director of an accident claims company has been fined for going to extraordinary lengths to buy a private number plate.
Insured cat losses hit record $135bn in 2017, says Munich Re
The final insurance bill for natural catastrophes over 2017 is expected to come to $135bn (£99.6bn) – higher than ever before, according to Munich Re.
Liverpool car park blaze to result in motor claims of £20m
The Liverpool car park fire which destroyed 1400 cars on New Year’s Eve will likely result in motor claims worth £20m, insurers warned.
Post Power List 2018
2018 is likely to be a year dominated by data regulation, more Brexit negotiations and further Ogden reform and, as such, the key influencers reflect this
Post Power List 2018: Entrepreneurial Claims Management Companies
Entrepreneurial Claims Management Companies
Post Power List 2018: Climate change (and its deniers)
Climate change (and its deniers)
Post Power List 2018: Terrorists & Hackers
Terrorists and hackers
Post Power List 2018: David Lidington
Lord Chancellor and Secretary of State for Justice and Member of Parliament for Aylesbury
Post Power List 2018: Elizabeth Denham
Information commissioner, Information Commissioner’s Office
Post Power List 2018: Michael Hawes
CEO, Society of Motor Manufacturers and Traders
Post Power List 2018: Private equity investors
Private equity investors
Post Power List 2018: Daniel Schreiber and Shai Wininger
CEOs, Lemonade
Rising star: Tom Murphy, Axco Insurance Information Services
Tom Murphy is global client solutions executive, Axco Insurance Information Services
Blog: Water resilience now
Water resilience can reduce the trauma and cost of restoring a flooded property, writes Roy Shevlin, building consultancy services director at Cunningham Lindsey.
Blog: Brokers, spare no (legal) expense
When a legal expenses insurance claim is declined due to poor prospects of success, brokers can still give the policyholder some help and guidance, explains Jeremy Butler, managing director of Qdos Underwriting.
LV and Keoghs positive after Supeme Court grants appeal in case that left insurers "in limbo"
The Supreme Court has granted an appeal by LV and Keoghs in the case of Cameron v Hussain.
Hastings Direct wins court battle against personal injury fraudster
Hastings Direct has won a court battle against a fraudster who was ordered to pay £5000 in costs and handed a 22-week prison custodial sentence by the Royal Courts of Justice.
Ant Gould to leave CII as part of faculty transformation
The Chartered Insurance Institute will remodel its faculties into societies as part of a wider change programme.
Man sentenced after making exaggerated claim worth over £240,000
A man has been sentenced after making exaggerated insurance claims worth more than £240,000.
Aviva's Maurice Tulloch on the race to sustainability
Maurice Tulloch, CEO of international insurance at Aviva, explains why and how the industry should encourage a global race to sustainability.