Claims
Prism Network predicts drying service will cut claims’ lifecycles
Disaster recovery business Prism Network has launched a drying service it predicts will improve insurer claims’ lifecycles from an average of 50 to 20 days on domestic claims up to £10 000.
SRA urged for clarity on successor practices
Personal injury firm SGI Legal has called on the Solicitors Regulation Authority and professional indemnity insurers to issue ‘proper’ guidance on when those buying work-in-progress will be considered a successor practice.
Investigation underway into Scotland helicopter crash
At least nine people are known to have died after a police helicopter crashed into the roof of The Clutha pub in Glasgow, Scotland on Friday night.
IFB and Crimestoppers launch ‘crash for cash’ campaign
The Insurance Fraud Bureau and Crimestoppers have launched a camping highlighting the crash for cash hotspots and appealing for information on those making bogus claims.
Cunningham Lindsey targeting 20% annual growth in TPA turnover
Loss adjuster Cunningham Lindsey is hoping to boost UK turnover from third party administration services by 20% year-on-year for the next four years.
Gadget overload makes driving riskier Zurich claims
The rise in gadget use is making driving riskier, according to new research by Zurich.
GAB Robins reports 76% retention rate on portal claims
GAB Robins has reported a 76% retention rate for employers' liability and public liability injury claims within the Ministry of Justice claims portal, up to 15% higher than the industry average.
International: Stormy weather
The extent to which insurance can and should be used to help manage climate risk has long been debated, and as leaders met in Warsaw for the United Nations convention on climate change last week, it was once again on the agenda.
Minster Law unveils new London office
BGL-owned Minster Law is launching a City-based team, in a bid to enhance its geographical reach.
Industry reputation will be tested by response to surge events, ABI warns
How the insurance industry responds to flood events going forward will be a key test for its reputation, the Association of British Insurers says.
Covéa recruits from Davies for household claims lead
Covéa has swooped to appoint Davies Loss Adjusters’ operational delivery manager as its new home claims service manager.
Helphire ‘making good progress’ in Autofocus settlement
Helphire Group has finished analysing “several thousand cases” in which Autofocus evidence was used and is ready to start discussing settlements with insurers.
Insurers praise speed of London market response to Nairobi mall attack
The speed of the London market response to September’s Nairobi shopping mall siege demonstrates its authority in reacting to terrorist events, those involved in the response have told Post.
Post Magazine - 28 November 2013
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Canopius announces claims units reshuffle
Canopius has moved to align its claims operations more closes with its three business units of global property, global specialty and UK retail, including announcing an internal promotion for the role of UK retail claims head.
Xactware and Rightmove join forces to improve underwriting
Cloud-solutions firm Xactware and Rightmove have partnered up to provide the insurance industry with property data and facilitate accurate underwriting.
Drivers take risks with floodwater driving, according to AA
More than half of UK drivers are putting themselves in danger attempting to cross dangerous flood water, a joint AA and Environment Agency survey has found.
Aviva’s attempt at asbestos exit fueled by increased long-term claims certainty
Firm’s plan to offload rumoured £1bn book linked to overall restructuring,
Insurers say consolidation is behind CMC decline as they back clampdown plans
PI claims management firms decrease by 38% between April and September.
Penny Black's Insurance Week - 26 November
A day at the races is par for the course for women of Penny’s stature, and at one such occasion last week Penny found herself in the pleasant company of Torus’ head of marine Demian Smith.
Interview: David Johnson: Wrapped up in foil
Having been involved with the Forum of Insurance Lawyers since the early beginnings of his career, incoming president David Johnson is keen to make his mark during his tenure. He reveals how he plans to consolidate the organisation’s new found authority…
Market Moves: Big moves among brokers as Lyons and Trott re-emerge in new roles
A hectic spurt of recruitment this week saw some top-level moves at some of the UK’s largest brokers, with Gallagher recruiting an RSA account manager to help run sales in Scotland and Northern Ireland. Meanwhile. the Scottish broker’s former managing…
Ageas undertaking household claims investigation
Ageas has asked its household suppliers to contribute ideas on how to improve its claims services, Post can reveal.
North of the border: The right to appeal
The current appeal arrangement in Scottish courts looks set to change under new legislation.