Claims
Post Magazine - 15 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
MYI and Airclaims merge
McLarens Young International has merged with provider of claims, risk and asset management services to the aviation community, Airclaims.
MoJ to split referral ban enforcement role - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including confirmation from the Ministry of Justice that the government’s proposed ban on referral fees is unlikely to be centrally administered, and instead enforced by…
Davies Group profit more than doubles to £3.37m
Claims management firm Davies has announced a 24% leap in turnover to £36.9m for the 12 months ended 31 March 2011 (2010: £29.6m).
IFB head Glen Marr to step down to join motor insurer
Glen Marr, director at the IFB will be leaving the organisation in December to join the board of First Central Insurance Management as director of fraud.
Jack Straw outlines his Bill to crack down on referral fees
Jack Straw’s motion to crack down on referral fees has passed the latest hurdle in the House of Commons following a Ten Minute Rule Motion.
Urgent need for “clarity” on scope of referral fee ban
Steve Thomas, director of market affairs at Keoghs, comments on the news that the government is set to ban referral fees.
Asbestos families campaign against compensation reform
More than 400 families affected by asbestos-related cancer mesothelioma have written to the Forum condemning the planned reforms to the way compensation claims for industrial diseases are funded.
FM global updates policies ahead of renewal
Commercial property insurer FM global has launched an improvement to its the FM global advantage policy, which will be available to clients at renewal.
Penny Black's insurance week - 8 September 2011
An opportunity to gawp at strapping sportsmen on a balmy Saturday afternoon is not the sort of invite Penny finds easy to turn down.
Your say: Sports stars car coverage
The recent ‘The Olympic challenge' feature in Post emphasised the raft of opportunities for the insurance industry when it comes to the various possible disruption triggers, such as the weather.
Costly referral fee ban rejected as claims firm details lobbying alternative
Ai Claims Solutions is set to lobby MPs with a four-point plan to reform the referral fees system in place of the "costly and timeconsuming legislation" of an outright ban.
Allianz motor engineer first female appointed to council
A female motor engineer from Allianz’s claims division has become the first woman ever to be appointed to the Institute of Automotive Engineer Assessors Council.
OFT to give evidence in new motor insurance inquiry
The Office of Fair Trading has been called to give evidence into the cost of motor insurance inquiry.
Water claims firm alerts insurers to cowboy drainage contractor threat
Water claims firm Property Consortium Drainage has warned cowboy drainage firms could cost insurers dear when responsibility for drains switches from homeowners to water companies.
Editor's comment: A new way of looking at things
Usually I reserve my commentary for the market’s latest developments, seeking to pinpoint emerging trends or highlight questionable practices – both those within the industry and, more often than not, those that adversely impact upon it.
Questgates: UK corporates clamp down on fraud
Loss adjuster Questgates has witnessed an increase in high street businesses asking for help in determining if claims made by employees and clients are fraudulent.
No market swing despite cat loss accumulation
Loss adjuster Crawford & Company has already settled approximately $1.05m (£653 000) worth of losses from the “high frequency, low severity” claims resulting from Hurricane Irene.
Lloyd’s heading for tough times as catastrophe losses hit profits
Lloyd’s first half-year results will be adversely affected by this year’s “unprecedented” level of catastrophes and could see its combined operating ratio hit 100% for the first time in six years, according to market observers.
My best 11: Bobby Gracey, Crawford & Company
The inaugural manager to select his best XI for a potential start-up company is Bobby Gracey, vice president for global counter-fraud solutions and UK business development director at Crawford & Company. A heavy reliance on his claims and fraud…
Allianz: motor clients were assaulted during riots
Allianz motor insurance clients were car-jacked, threatened at knife point and, in some cases, assaulted when their vehicles were targeted by rioters last month.
Brokers witness unprecedented surge in riot-related demands for cover
Property insurance enquiries from businesses have soared by up to 200% in parts of London and Manchester following the riots, according to brokers based in some of the UK’s worst hit communities.
News analysis: Personal injury lawyers on the defensive over litigation claims
Allegations of inflated legal claims cost submissions have found backing from insurers
Online this week - Top Ten Post Stories - 8 September 2011
The top ten stories from www.postonline.co.uk