Claims
Claims Event: OFT director deems GTA an inadequate solution
The general terms of agreement between insurers and credit hire organisations "is not an adequate solution to the problem" of motor market "dysfunctionality", according to a director at the Office of Fair Trading.
Disease claims: Cure or curse?
Will Lord Justice Jackson's cost reforms, set to be implemented in less than six months, have a positive or negative impact on the disease claims market?
Editor's comment: In the line of fire and flood
Industry reaction to surge events is never far from the debating arena when it comes to learning lessons from catastrophic floods or fires, and loss adjusters frequently find themselves in the line of fire.
Aon to rival Marsh's Project Noah to fill SoP flood insurance gap
Aon Benfield has become the latest company to offer a potential solution to fill the flood insurance gap left by the expiration of the Statement of Principles in June 2013.
Risk managers urged to heed climate change
The human impact on the environment has been a major factor in a quintupling of weather-related loss events in North America during the past three decades, according to Munich Re.
AGCS recruits HDI Gerling chief executive
Allianz Global Corporate & Specialty has appointed Patrick Thiels to lead the industrial insurer's new Mediterranean region.
Xchanging unveils Xuber brand
Xchanging has upgraded the tools and products in its insurance software operation, which will now operate under the name Xuber, following £20m of investment by the group.
Loss assessor jailed after Zurich uncovers claims 'conspiracy'
A Liverpool-based loss assessor was jailed yesterday for 18 months for conspiracy to commit fraud by false representation.
CII welcomes FCA clamp down on 'poor' business behaviour
The Chartered Insurance Institute has said it looks forward to the Financial Conduct Authority "punishing poor and unethical behaviour" as the new body launched a consultation paper on how it will operate.
Former Waylett surveyor joins SSL Claims
Northampton-based specialist motor and property loss adjustor SSL Claims has appointed Jon Holloway, pictured, as network surveyor director of the firm's property division.
Generali Deutschland implements automated ERM platform for compliance
Generali Deutschland is using an automated workflow enterprise risk management solution for reporting and compliance activities.
LAS unveils household claims debit card
LAS Claims Management has launched a pre-paid debit card scheme in a bid to offer "significantly increased choice and flexibility in settling household claims".
Proposal to remove tax insurance check branded 'absurd'
The AA has critcised the Driver and Vehicle Licensing Agency's proposal to remove the insurance check when car owners apply for a tax disc.
Third-party injury claims rise 8% despite fall in reported accidents
Eleven of the top 20 postcodes with the highest rate of third-party injuries are in Birmingham, according to new actuarial data.
Religare Health Insurance opens for business in India
Religare Health Insurance has launched as a standalone health insurance player in the Indian market.
Fewer road traffic accidents force body shops out of the market
Specialist research firm Trend Tracker said body shops are finding it tougher to make a profit now than in the past 20 years, primarily owing to motorists clocking up fewer miles and installing safety systems.
Lemma Insurance Company downgraded
Lemma Insurance Company of the Ukraine has had its issuer credit rating downgraded to 'bb' from 'bb+' and its financial strength rating of B (Fair) affirmed. The outlook for both ratings has been revised from stable to negative.
Quindell acquires litigation law firm
Quindell is to buy litigation specialist Pinto Potts Solicitors, subject to approval from the Solicitors' Regulation Authority and the Financial Services Authority.
Former Merlin staff lose out again as LAS cuts short contracts
Loss adjuster LAS Claims has come under fire for allegedly cutting short an offer of temporary work to several former Merlin employees.
Devon flood claims trickle in
Loss adjuster Crawford & Company has received a small number of claims following flash flooding in Clovelly, Devon last night.
Crawford recruits CEMEA business development director
Crawford & Company has appointed Tobias Walter, pictured, as business development director for Continental Europe, the Middle East and Africa.
Co-founder Burley leaves Delta Claims
Delta Claims Services director Simon Burley has left the firm he helped set up four years ago owing to "irreconcilable differences".
Country's biggest scam concludes as 'crash for cash' fraudster sentenced
A Bolton man who planned a series of 'crash for cash' scams on roundabouts through his insurance claims management company was found guilty of fraud and ordered to pay more than £7000.
Putting the brakes on European motor fraud
Motor insurance fraud ranges from uninsured driving, to cash-for-crash scams and exaggerated personal injury claims. Anne-Louise Fogtmann investigates what European insurers are doing to tackle the problem.