Claims
Flood Re hires Bartholomeusz as CRO
Flood Re has appointed Michael Bartholomeusz as its chief risk officer responsible for the scheme's risk management framework.
Blog: The end of the commodities super cycle and its effect on the risk climate and the claims environment
On the surface, all indicators point towards positive growth in global gross domestic product. But this cannot hide the serious effect the changing macro-economic trends are having on the risk environment, notably the end of the commodities super cycle.
Interview: Heather Wheeler: Picking up the baton
Heather Wheeler MP has taken over as chair of the All Party Parliamentary Group for Insurance and Financial Services. She talks to Post about her leadership style and what issues are on the agenda
Halloween Costumes: The burning issue
A high-profile Halloween accident has put the classification of fancy dress costumes into the spotlight, but current standards fall well short of consumer expectations
Claimant firms' profits forecast a 'sign of market consolidation'
The CEO of the Forum of Insurance Lawyers, Laurence Besemer, believes the results of a survey showing that personal injury firms expect to deliver more profits in the coming year is merely a sign of "more market consolidation".
Importance of reputation coverage flagged in wake of Talk Talk breach
The growing number of high-profile data breaches has highlighted the importance of reputation coverage alongside cyber insurance and wider financial policies, according to industry experts.
Pinnacle secures first panel nomination with Giant Risk Solutions
Pinnacle Loss Adjusters has secured its first panel nomination after gaining property adjusting work from Giant Risk Solutions in the UK and Northern Ireland.
What you’ve been reading this week
The 10 most read stories on Post Online from 21 – 27 October 2015.
Fraudster handed suspended jail sentence following ERS private prosecution
An insurance fraudster has been given a suspended prison sentence and ordered to pay the costs of legal fees after a private prosecution launched by ERS.
Product liability comes to fore as motor manufacturers take on autonomous vehicle liability
Motor manufacturers accepting liability for autonomous vehicle crashes does not signal the demise of motor insurance, according to industry experts, who have suggested developments will instead lead to product liability playing a more prominent role.
XL Catlin hit by integration costs and Tianjin claims
XL Catlin's first full quarter of results as a combined company saw heavy integration costs and a huge bill for the Tianjin port explosion.
Legal Update: The complexities of abuse
Andrew Caplan looks at the ever-widening scope and depth of abuse claims.
North of the Border: Time for an update
The long-awaited changes to the Scottish civil court system have finally taken effect.
Mass-market telematics app-based solution gains Zurich backing
The UK’s first mass-market and full underwriting-based motor insurance is to be launched by telematics company Carrot on aggregator websites this week.
Obituary: Dan Francis, Clements
Dan Francis, the vice-president of global business development at broker Clements Worldwide has sadly passed away.
Talk Talk insurance policy questioned following latest cyber breach
Talk Talk will be facing “significant” costs in responding to its latest cyber attack if the firm does not have the required extension on its traditional insurance policy, industry experts have warned.
Questgates loses out as Zurich reveals its loss adjusting panel
Questgates is the main loser on the Zurich loss adjusting panel, which features Criterion for the first time.
Q3 motor premiums increase 4.8%, AA Index shows
Average motor premiums rose 4.8% in the three months to 30 September 2015, while over the past 12 months the average policy price has increased 9.2%, results from the AA premium index show.
Blog: Product ratings gaining momentum as an alternative to claims ratios
In my last blog for Post, I pitched the idea of product ratings as an alternative to claims ratios. I am delighted to say that the debate has moved on significantly in recent weeks, thanks to an independent review company which publishes star ratings for…
Volvo to accept full liability for autonomous vehicle crashes
Volvo Cars is to accept full liability whenever one of its cars is in autonomous mode, CEO Håkan Samuelsson has announced.
Zurich looking at new look loss adjusting panel following review
Regulation and consolidation driving insurers’ decision-making process
Admiral dismisses data-selling claims as ABS's report £6.2m profit
Admiral has rebuffed claims its in-house legal divisions were set-up to circumvent the 2013 referral fee ban as its two alternative business structures reported joint pre-tax profits of £6.2m in 2014.
Oak to launch nine-strong in-house claims team
RSA subsidiary Oak Underwriting is to launch an in-house high net worth claims team on 25 October.
Benedict Burke: Greater collaboration essential for nat-cat response
Recently elected Chartered Institute of Loss Adjusters president Benedict Burke tells Post what he hopes to achieve in his year at the helm of the organisation.