Claims
Quiz of the week - 17 April 2015
Test your knowledge of this week's insurance news stories with Post's quiz.
Claims Club: Importance of loss adjusters must increase for UK to regain status as pre-eminent insurance market
Insurers need to cut out bureaucracy, the role of lawyers has to be reduced and importance of loss adjusters increased if the UK is to regain its position as one of the world’s pre-eminent insurance markets.
Towergate 'streamlines' loss adjusting panel
Towergate Insurance has overhauled its loss adjusting panels following a tender process involving nine companies.
Willis cuts 350 roles as part of plans to save $420m by 2017
Willis is set to shed 350 jobs across the UK as part of its restructuring programme announced last year.
British Insurance Awards 2015 - The shortlist
Today Post reveals the firms that have been shortlisted for the 2015 British Insurance Awards.
Williams to succeed Moorse as Quindell finance boss
Quindell group finance director Laurence Moorse is to step down from the company's board at the completion of sale of the professional services division to Slater and Gordon.
Market Moves - 16 April 2015
Who has moved where this week in the insurance industry.
Legal Update: Exposure and the global threat
Chemical exposure can lead to the onset of disease. David Kidman looks at how this could impact insurers.
Europe: From Bolton to Bermuda
Like double decker buses, Bermuda hadn’t had a hurricane make landfall for 27 years – then experienced two in five days. The phenomenon tested loss adjusters at McLarens to the limit
MIB to take action as decline in uninsured drivers slows
Insurers have conceded they are largely powerless to prevent an uptick in uninsured drivers after the Motor Insurers' Bureau reported the number of motorists without insurance had “plateaued out” after a decade of steep decline.
Charles Taylor announces result of rights issue
Professional services firm Charles Taylor has announced that it received valid acceptances in respect of 17,638,808 of the 19,722,762 new ordinary shares offered to qualifying shareholders in its three for seven rights issue, representing approximately…
Blog: Challenging ‘substantial injustice' could be the big test of the new fundamental dishonesty clause
Ambiguity around the 'substantial injustice' provision of the Criminal Justice and Courts Act could mean more work for lawyers and insurers
Post Blog: Mind the gap - CII Next Gen Claims Group to report on surge response
In football how often do you see a goal scored – especially after a set play - where the goal keeper and defenders look at each other afterwards and exclaim that the scorer was “not their responsibility”?
Loss adjusters appoint accountants to help with Holborn fire BI claims
Loss adjusters Crawford & Company and Cunningham Lindsey have assigned a number of in-house accountants after being appointed to handle business interruption claims emanating from last week’s electrical fire in central London.
Interview: Chris Voller - Keeping up with the digital revolution
More than doubling your workforce pretty much overnight would cause some people a degree of panic, but not Chris Voller, head of claims for Axa Insurance.
Loss adjusting: a sea change?
Consolidation has been the buzzword of the insurance industry over the last 12 months and the claims space is no exception, where loss adjusters have been buying, selling and merging at a feverish pace.
Blog: D&O - ‘The Times They Are A-changin'
Primary D&O underwriters have been living with over-capacity, broad cover, and low rates for a long time, but are there reasons to think 2015 could be the beginning of the end of this soft market for management liability risks?
Blog: Should we look forward to the mandatory licensing of investigators?
New licensing regulations for third party private investigators aren't so much red tape as strategic defence, says CEGA'S head of special investigations, Simon Cook.
Blog: D&O insurance - ‘The Times They Are A-changin'
Primary D&O underwriters have been living with over-capacity, broad cover, and low rates for a long time, but are there reasons to think that 2015 could be the beginning of the end of this soft market for management liability risks?
Flood Re chair Hoban to take home £150k in first year
Flood Re chairman Mark Hoban is to receive a salary of £150,000 for his first year of work for an expected commitment of approximately seven hours per week.
Covéa boss fears CMA 'failure' on credit hire will increase costs in 2015
The Competition and Market Authority’s failure to take action on credit hire costs following its private motor report last year risks spurring claims inflation, according to Covéa Insurance CEO James Reader.
Fraud investigation firm VFM enters liquidation
Peterborough-based claims investigation firm VFM Services has gone into liquidation resulting in the redundancy of the firm's entire workforce, Post understands.
Xchanging insurance and claims boss Pell resigns
Services provider Xchanging’s insurance and claims services managing director Max Pell has resigned after five years with the firm.
Quiz of the week - 2 April
Test your knowledge of this week's industry news stories with our just for fun quiz.