Claims
Blog: Being prepared for a ransomware attack
Imagine this scenario: Your employees walk into the office on a Monday morning, turn on their computers and a message appears demanding payment to access company systems and data.
Discount rate cut could triple PI claims costs: Marsh
Changes to the personal injury discount rate could increase the cost of personal injury claims by as much as three times, according to Marsh.
11 more insurers join automated subrogation platform
Validus has added 11 insurers to its Verify subrogation portal community following Aviva and Ageas going live on the platform in 2016.
Payouts for employers’ and public liability claims 'significantly' climb
Insurance payouts for small employers’ and public liability personal injury claims have increased significantly over the past two years, climbing to an average value of nearly £4,000 by the end of last year.
Blog: Fracking is a dirty word
Fracking has been given the go-ahead in Lancashire and insurers need to consider the risks associated with the technique.
Claims manager 'driven by greed' steals £1.8m from AJG
A former claims manager at Arthur J Gallagher has been sentenced to five years in prison after stealing more than £1.8m from the company.
CIBA: Insurers need to offer more comprehensive cyber policies in time for GDPR
New methods of hacking and types of cyber breach could lend themselves to greater fines following the incoming General Data Protection Regulation.
Credit insurers look to capitalise on Brexit fallout
Any hint of an economic downturn inevitably results in forecasts that demand for trade credit insurance will soar. So, predictably, Brexit has sent the PR machines of the major credit insurers into overdrive.
ABI warns passengers affected by laptop ban on flights
Passengers affected by a ban on large electronic items in the aircraft cabin have been warned to check with their insurers before flying.
Supreme Court makes landmark ruling on AIG aggregation case
A Supreme Court ruling has decided that the 214 claims made against ILP Solicitors, insured by AIG, should be settled as two claims rather than one.
EU data laws 'could leave insurers vulnerable to fraud'
Insurers could face disruption to their pricing and anti-fraud capabilities due to the General Data Protection Regulations that are to be put in place next year.
Interview: Adrian Furness, Covéa
Covéa’s Adrian Furness was recently appointed claims and operations director, having previously held the role of claims director. Post sat down with him to discuss his new appointment.
Cyber regulation: Cyber’s new rules
The tightening of data regulation next year could drive demand for cyber cover and, with the reporting of breaches becoming compulsory, it may help underwriters price this new risk ever more accurately
AIG rolls out telematics app to seek Singapore's best driver
Global insurer AIG is on the look out for Singapore's best driver using telematics technology.
QBE Australia appoints Jon Fox as general manager of claims
QBE Australia and New Zealand has appointed Jon Fox as executive general manager of claims.
Blog: Mishcon ruling won't set solicitors' PI premiums rising
In the often challenging world of solicitors' professional indemnity insurance, the conveyancing field has long held a high-risk reputation due to its propensity for claims generation. Now a new lawsuit has hit the headlines, with the controversial…
Legal Update: Driverless car policies don't preclude product liability
As automated vehicles take to the roads, the government is likely to focus on one motor insurer as the first port of call for any third-party claim to simplify the claims process. However, that will not preclude other proceedings based on product…
McLarens bolsters Australia team with hire from Crawford
Global loss adjuster McLarens has made a senior construction appointment in Australia.
Ogden cut to wipe £50m off Traveler's Q1 2017 results
Travelers expects to record an increase to prior year loss reserves of approximately $62m (£50m) in Q1 2017 as a result of changes to the Ogden discount rate.
Scotland could face a claims epidemic following whiplash changes
Whiplash reforms and a new tariff system could give rise to a claims epidemic in Scotland, DWF has warned.
Insurance Marketing and PR Awards: deadline for entries fast approaching
The Insurance Marketing and PR Awards are returning in 2017, and you only have two days to make sure you are in the running.
Ogden rate change goes live at minus 0.75%
The Ogden discount rate changed today from 2.5% to minus 0.75% following the Lord Chancellor's announcement last month.
Blog: Whiplash reforms were supposed to be about fraud
There is something rather strange happening in the debate around the whiplash reforms. For all the sound and fury across the entrenched battle lines with which we are all familiar, there does appear to be a consensus forming across the divide.
MPs investigate whiplash claims
The Justice Committee is launching a short inquiry into whiplash claims and on government plans to raise the small claims limit for personal injury.