Claims
Moore tornado losses unlikely to reach London insurers
Insured losses from the devastating tornado that hit the Oklahoma City suburb of Moore are unlikely to hit the London market.
View from the Top: When catastrophe hits
Manuel Bauer of Allianz discusses how to implement a robust catastrophe response procedure for handling claims.
Xchanging loses adjusting trio to Charles Taylor
Three senior adjusters have departed Xchanging Claims Services to join Charles Taylor, following the path of former chief adjuster Richard Cook.
Moore tornado losses could exceed Joplin
Damage from a mile-wide tornado that struck the Oklahoma City suburb of Moore could exceed the May 2011 Joplin event, according to Oklahoma Insurance Commissioner John Doak.
Post magazine – 23 May 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
London P&I Club reports boosted reserves after “mixed” year
The London P&I Club saw reserves increase after generating a surplus of $9.4m across all classes in the financial year 2012/13.
Over $2bn of property damage from Oklahoma tornado
The devastating tornado which struck the Oklahoma suburb of Moore on Monday (22 May) in the US has damaged property to a total replacement value of up to $6bn within a two mile radius of the storm’s path.
Helphire ABS licence within reach as application reaches final stage
Helphire's alternative business structure has reached the "final stage" according to chairman Avril Palmer-Baunack
$6bn of property damaged in Moore tornado: AIR
The devastating tornado which struck the Oklahoma suburb of Moore on Monday has damaged property to a total replacement value of $6bn within a two mile radius of the storm’s path.
Brokers told to improve record-keeping to reduce professional indemnity claims
Brokers have been urged to improve the way they document advice to clients in light of increasing numbers of professional indemnity claims against them.
AIG tackles cyber risk via the ipad
AIG has launched an ipad CyberEdge product to help companies navigate through the challenges of cyber crime and data breaches.
Impact Forecasting improves catastrophe modeling tools
Impact Forecasting, the catastrophe model developer at Aon Benfield, has launched a set of tools to help quantify uncertainties in catastrophe models across all natural disasters and countries.
Scots disproportionately affected by new flood plan
The Scottish Parliament has been challenged to secure a greater voice in the UK flood debate following concerns the Association of British Insurers' Flood Re model represents a raw deal for residents north of the border.
Aon Benfield launches cat model to quantify uncertainties
Reinsurance broker Aon Benfield has unveiled updated catastrophe tools to allow clients to better understand their exposures in spite of less complete information.
Career file - Danny King: Former Axa strategic relationship manager takes on Insurance Fraud Bureau role
The Insurance Fraud Bureau is targeting further growth in its customer base, having appointed Danny King as its new business development manager.
Whiplash: Whipping up a storm
As the debate about bogus whiplash claims rumbles on, opinion is divided on whether two investigations into the issue are warranted and what impact they will have
In Series: Technology: The great app race
While apps were all the rage until recently, insurers are now discovering the value of optimised mobile sites.
View from the Top: A new focus on certainty
When we canvass the opinion of clients about what they value most in terms of broker service, a positive response to claims is always one of the top items on the list. As brokers, we often get drawn into the day-to-day price fixation that blights our…
View from the Top: Complying with the spirit of the law
It is up to insurers to support government efforts to ensure personal injury claims are handled correctly, says John O'Roarke.
Tornado slams Oklahoma suburbs
A devastating tornado has killed more than 50 people after tearing through suburbs of Oklahoma City.
View from the Top: Testing times for supply chains
The horse meat scandal has demonstrated the complexity of modern day supply chains, and the inherent risks within them.
Volkswagen signs deal with UK General
Volkswagen Financial Services has signed a deal with UK General Insurance that aims to give VW Group customers free access to approved repairers in the event of an accident.
Cunningham Lindsey relaunches broker claims service
Loss adjuster Cunningham Lindsey has pulled back the curtains on a redesigned claims service for brokers, branded Broker One.
This week's Asia highlights
Here are the top five highlights from Insurance Insight's Asian coverage this week.