Claims
‘Worrying trend’ for over-regulation making UK market less competitive
Rising regulatory costs are becoming a financial burden the UK’s insurance market can ill afford in the face of international competition, Lloyd’s finance director Luke Savage has warned.
Law firms urged to go global to secure place on London market insurer panels
Law firms must improve their international focus if they are to earn a position on London market insurers’ panels, as claims bosses plan reviews of their legal partners.
Loss adjusting: Keep it in the family
The role of the loss adjuster is changing, with insurers increasingly adopting an internal claims handling approach. But it is by no means the end of the specialist panel.
In Series: Personal Lines: The good old days
Insurers now benefit from data usage that allows them to tailor prices from hundreds of categories. But this wasn’t always the case.
Market Moves: Bollington and Miller help keep brokers at the top of the recruitment table
It was a quiet week for insurers as the broking sector once again dominated the recruitment landscape. There were notable hires not just at Bollington, but also at Miller where a pair of placement specialists joined the expanding team. The Lloyd’s market…
Penny Speed Meets... Graham Dickinson, executive partner, DWF
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Your Say: Stop harassing injured victims
The proposal by Dominic Clayden [claims director at Aviva] to require non-fault victims to contact the at-fault insurer to give them the chance to deal with repair, mobility and personal injury issues makes third-party capture – which the Financial…
Your Say: It’s no longer neck and neck
The debate surrounding whiplash claims has become increasingly one-sided, with worrying implications for claimants.
Consumer Insurance Act: Under the radar?
The Consumer Insurance (Disclosure and Representations) Act 2012 will upend more than a century of the customer’s duty to disclose information to their insurer. Is the market prepared for this substantial change?
GAB CEO Rigby hails "opportunities" after deal to rid adjuster of pension liabilities
Talks between GAB Robins, its benefit pension scheme trustees and The Pension Regulator have led to the elimination of the firm’s sponsorship of and liabilities for the closed scheme, in exchange for an “affordable consideration” plus a minority…
Davies names Towergate M&A boss as chief exec
Davies Group has recruited Towergate’s group mergers & acquisitions director Dan Saulter to serve as its new chief executive, Post can reveal.
Tevez trial prompts MIB outcry on uninsured drivers
Carlos Tevez' trial for driving while disqualified and without insurance has prompted the Motor Insurers' Bureau chief executive to call on footballers to set a better example to young drivers.
Post magazine – 4 April 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Parabis opens Edinburgh office after attracting team from rival firm
Parabis has opened its second office in Scotland in less than six months after attracting an Edinburgh-based team from Brodies.
Your Say: Driving ‘fingerprint’ to deliver data confidence to underwriters
The recent article Get Smart, Get Appy made some valid points about the adoption of apps by insurers.
Insurers facing flurry of credit crunch professional negligence claims
City law firm RPC has warned insurers to brace themselves against a flood of 11th hour professional negligence claims relating to the build-up to the financial crisis.
Cega signs quartet of Q1 partnership deals
Medical assistance provider Cega inked deals with four new clients, including Aviva, in the first three months of 2013.
Motor insurers vow to cut premiums if young driver claims come down
The insurance industry has promised the government young drivers’ premiums could go down by as much as 20% if new proposals succeed in reducing the frequency and value of motor insurance claims.
Is claims sector set for investment and M&A surge following latest LDC move?
Speculation is mounting that the claims market is ripe for further private equity investment and mergers after motor claims specialist Validus IVC completed a management buyout with backing from Lloyds Development Capital valuing the firm at £30m.
Career development: GAB Robins staff pick up CILA Diplomas
Two GAB Robins employees have passed the nationally recognised Chartered Institute of Loss Adjusters Diploma in insurance claims handling.
Law report: Defamation claim reversed in Google blog appeal
This law report has been contributed by law firm Berrymans Lace Mawer.
Law report: Social value of game would not have been compromised by simple pool entry rule
This law report has been contributed by law firm Berrymans Lace Mawer.
Law report: No evidence over lower speed
This law report was contributed by law firm Berrymans Lace Mawer.
Penny Black's insurance week
Penny is always fascinated to hear about different forms of claims settlement, so was intrigued to learn LAS Claims Management issues so-called Tuxedo Cards where requested by claimants.