Claims
Storm Ophelia kills three in Ireland and leaves 360,000 without power
A powerful storm hit Ireland and Northern Ireland yesterday leaving a trail of damage and three dead before reaching England, Scotland and Wales today.
Blog: How insurers can harness digital labour
Adam Woodhouse, director of the CIO Advisory at KPMG, explains how the insurance industry can speed up its march towards digital labour.
FERMA 2017: Risk managers ‘frustrated’ that insurance isn’t evolving fast enough
The president of the Federation of European Risk Managers Associations has voiced members' feelings of dissatisfaction that their insurers are not keeping up with the fourth industrial revolution.
Ageas appoints Robin Challand as claims director
Ageas has appointed Robin Challand as director of its claims service.
Use of dashcam footage in claims nearly triples in two years
The use of dashcam footage in car accident claims has risen by 285% in the past two years.
Lloyd’s writes $738m cheque to cover Harvey, Irma and Maria
Lloyd’s of London has paid $738m for Harvey, Irma and Maria claims.
Fraud focus – Message from the editor
The Association of British Insurers’ figures show that the UK insurance sector prevented 125,000 fraudulent claims in 2016, worth to the tune of £1.3bn.
The Insurance Fraud Forum 2017
The ABI's figures show that the insurance sector prevented 125,000 fraudulent claims in 2016, to the tune of £1.3bn. However, despite huge progress, the hard work does not and cannot stop here.
AIG to pay travel claims electronically for DBS's customers in Singapore
AIG Singapore and DBS Bank have created an electronic payment service for travel insurance claims.
Axa's Brendan McCafferty on AI and staff
Artificial intelligence is raising concerns among insurance staff but Brendan McCafferty, CEO of Axa Insurance, believes it opens up a range of possibilities.
This week in Post: storm warning
Almost 30 years ago to the day, I had my first introduction to the power of Mother Nature and the world of insurance as the 'Great Storm' of October 1987 swept across the UK.
Eight men sentenced after CCTV footage exposes crash for cash
Eight men have been sentence for staging a bus crash and faking injuries after CCTV footage showed the alleged accident to be orchestrated.
Insurers gear up for Hurricane Ophelia on anniversary of 1987 Great Storm
A major hurricane is expected to batter the UK next week, as the insurance industry marks 30 years since one of the most devastating storms to ever the country.
Allianz's Jeremy Trott appointed chair of claims faculty board at the CII
The Chartered Insurance Institute has appointed Allianz head of claims operations, Jeremy Trott, as the chair of its claims faculty board.
NBC Universal loses $6.9m case against insurer over ‘war’ exclusion
NBC Universal has lost a legal battle with its insurer after it was forced to relocate the filming of a TV series when conflict broke out in Jerusalem.
Marsh's Joe Grogan on catering for the mid-market
Joe Grogan, CEO of corporate division at Marsh, says the insurance offering for mid-market firms is too disjointed and complex.
Hiscox predicts ‘market turn’ following record catastrophe losses
Hiscox will increase its capacity by £450m next year in anticipation of a “widespread market turn”.
Sharing economy lays liability minefield, warns Marsh
Companies in the sharing economy sector are more exposed than others to the risks associated with an evolving employee base and the emergence of digital technologies, according to a report by Marsh.
Analysis: Legacy: Changing legacy
Once neatly shunted to one side as an IT issue, legacy now casts a long, darkening shadow across the insurance industry
Interview: Manjit Takhtar, Charles Taylor Insurance Services
Manjit Takhtar, finance director and interim CEO of Charles Taylor Insurance Services, talks about hurricane claims and the role of the business in incubating maanging general agents.
AIG expects $3bn hit from Q3 losses
US-headquartered global insurer AIG has announced preliminary estimates for natcat losses in the third quarter of 2017.
Blog: Counteracting travel risks with enhanced connectivity
As travellers venture further afield and mobile devices touch on all areas of life, Chris Knight, head of corporate services for Cega, asks if travel insurers are missing a trick by not contacting with their customers to offer real-time risk updates.
Scor braces for €430m nat cat bill in Q3
Scor estimates the cost of the Harvey, Irma and Maria hurricanes and the mexico earthquakes at €430m.
Nate makes US landfall, weakens to a tropical depression
Hurricane Nate, the fourth hurricane to make landfall in the US in the past two months, has weakened to a tropical depression.