Claims
View from the Top: The whiplash gold rush
Insurers must ‘respond vigorously’ to glut of spurious last-ditch claims ahead of Laspo implementation.
Market Moves: Reshuffles at Ace Group and Axa represent week's main moves
Ace Group, Axa and Legal & General were the most active firms in the recruitment space this week, with the trio making major reshuffles. Ace rejigged its Europe, Middle East and Africa claims team, Axa added new executives to it direct and partnerships…
DLG warns RTA Portal delay could cost industry £1m a day
The insurance industry faces extra costs of £1m for every day the implementation of an expanded electronic claims portal is delayed according to Direct Line Group.
Law Society warns unrated insurers are 'unknown quantity'
Solicitors have been warned to check the financial strength of an insurer and its ability to pay claims before purchasing their next professional indemnity insurance policy.
Accidents Direct launches new negligence claims division
Accidents Direct has launched a medical negligence claims division after identifying growth in demand for the service.
Like the drugs trade, Cybercrime is not just a US issue
Last year, according to the Norton Cybercrime Report, global cybercrime cost an estimated $388bn. That's $100bn more than the cost of the global black market for marijuana, cocaine and heroin combined. And just like the world's drugs trade, cybercrime is…
Post magazine - 31 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Loss adjuster launches live video reporting for surveyors
Northampton based loss adjuster SSL Claims has unveiled a new video capability for surveyors to stream claims visits online.
2000 Queensland homes flooded
Flooding in eastern Australia has forced thousands of residents to evacuate their homes after ex-tropical cyclone Oswald coincided with a monsoon trough, an elongated area of low pressure that moved south along the Queensland coast into New South Wales.
IAG receives over 5000 claims from Australia floods
Insurance Australia Group's insurance businesses NRMA Insurance and CGU have received 5600 claims following damage from ex-tropical cyclone Oswald in Queensland and New South Wales.
Swinton and Esure owed over £1m by Drive Assist
Swinton and Esure are owed more than £1m each by failed credit hire company Drive Assist.
Ageas investigators expose bogus claimant four years after collision
A woman who lodged a £100 000 claim with Ageas for back injuries she supposedly sustained in 2009 collision has been ordered to pay back upwards of £19 000 after she was found to have pre-existing problems.
P&C insurers better placed than life firms to weather economic storm
Property and casualty insurers are better positioned to withstand a slow growth environment compared to life insurers, which will be more impacted by the weak global economy given they are mainly "discretionary" purchases and the low interest rates,…
Admiral in Lyons Davidson acquisition talks
Motor insurer Admiral is in talks to purchase law firm Lyons Davidson according to press reports.
Apil and Mass launch judicial review of RTA personal injury scheme
The Association of Personal Injury Lawyers and Motor Accident Solicitors Society have launched a judicial review of the Justice Secretary's decision to reduce the amount of fees payable for cases conducted through the road traffic accident personal…
McLarens launches expanded Bristol office
Commercial claims loss adjuster McLarens is to target the South West of the UK for growth, setting up a new, enlarged office in Bristol.
London, Leeds and Bradford residents most likely to make theft claim
Homeowners in London, Leeds and Bradford are the most likely to make a claim for theft or burglary and are paying 20% more for their home insurance, according to Money Supermarket.
Drivers court danger to save cash
Nearly 30% of drivers were found to delay servicing their vehicle to save money, with 33% sparing costs to such extent that they could be putting themselves or other drivers in danger.
Claims cost European insurers €930bn in 2011
A total of €930bn in claims was paid out by the European insurance sector in 2011 – a 7.5% increase on 2010, figures from Insurance Europe have revealed.
2012 insured losses 36% above 10 year average: Aon Benfield
Last year’s insured losses soared almost a third higher than the 10 year average for insured losses according to Aon Benfield’s catastrophe modeling centre, Impact Forecasting.
Xuber launches claims software
Xchanging’s insurance software provider, Xuber, has launched Xuber Claims, a fully integrated claims management solution.
JBA enters flood debate with new model launch
JBA Risk Management has joined the UK insurance industry flood debate after releasing a new model of the built environment designed to help property owners better understand the risks to homes, offices and business premises.
Covéa boss Street joins Thatcham board
Covéa Insurance has revealed that Barry Street, head of claims engineering services, has joined the Thatcham board of directors.
LV deal boosts Davies business after Zurich and NFU Mutual losses
Loss adjuster Davies has confirmed it has signed a "significant" deal with existing insurer partner LV, as it gets closer to naming a new chief executive.