Claims
Post Magazine – 18 August 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Travelers motor exit prompts market withdrawal speculation – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including Travelers’ decision to pull the plug on its private motor business in Ireland, leading to speculation that the insurer is planning to withdraw from the country…
Lloyd’s leads the way in medical tourism insurance
Lloyd’s has launched an insurance product that provides complications insurance for plastic surgeons globally to help protect patients who travel abroad for treatment.
Irish Central Bank launches PPI mis-selling investigation
The Irish Independent has reported that the Central Bank has launched a probe because of fears that consumers may have been mis-sold payment protection insurance on loans.
Tropical storm Gert set to brush by Bermuda
Tropical storm Gert is expected to skirt Bermuda before turning back out to sea, away from the US east coast, according to AIR Worldwide.
Airmic launches riots claims resource
Commercial insurance buyers group Airmic has compiled a list of expert resources for firms making riot-damage claims and says it will update with new advice as it arrives.
Bond Pearce hires catastrophic injury expert David Brown
Catastrophic injury claims defender David Brown has joined corporate law firm Bond Pearce as a senior associate specialising in casualty risks.
Half of insurers have no complaints chief
Almost half of large UK insurers have failed to name a head of complaints – just two weeks before the Financial Services Authority deadline comes into effect.
Allianz picks Fix Auto for repairs
Allianz has signed a three-year deal with Fix Auto UK to run its national accident repair services.
Merlin appoints SIU member for Yorkshire and North Midlands
Merlin has moved to recruit a new member to its Special Investigation Unit team.
Disqualifications up 23% in five years
The number of disqualification orders imposed on directors of insolvent companies jumped 4% last year to 1,437, up from 1,388 the year before, according to City law firm Reynolds Porter Chamberlain.
Zurich extends notification period to 30 days
Zurich Insurance has welcomed government plans to extend the period for lodging riot-related claims to 42 days by increasing its own notification period from seven to 30 days.
Axa confirmed as business insurer for Reeves furniture store
Axa has also confirmed it is the co-insurer for Party Superstore in Clapham and the sole insurer for fashion store Intense and Funky in Tottenham.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on buying habits for travel insurance and a blog on women in insurance.
Guest blog: Women the key to greater competitive edge
In a recent survey, the Employers' Association of Insurance Companies in Germany and the professional training body of the German insurance industry found that the boards of directors of German insurers are only 4% female.
The diverse and evolving nature of travel insurance distribution
Consumers’ travel habits and purchasing of travel insurance varies from country to country. Simon Tottman takes a look at which product and channels are dominating this line of insurance throughout Europe.
Allianz set for £25m riot claims exposure
Allianz is the first insurer to give an estimate for its exposure to the riots that have taken place in London and across the UK.
Allianz insures riot victim JD Sports
Allianz have confirmed it insures JD Sports, the sports fashion and trainers retailer widely looted throughout the UK during the four days of rioting.
RSA insurer for Sony Warehouse building
RSA is the insurer for the Sony Warehouse building in Enfield which was destroyed by fire during the riots on 8 August, Post understands.
Infrassure Switzerland and Liechtenstein sees capitalisation remain strong
AM Best has affirmed the financial strength ratings of A- Excellent) and the issuer credit ratings of “a-” of Infrassure(Switzerland) and its affiliate, Infrassure Vaduz (Liechtenstein). The outlook for all ratings remains stable.
GAB on "red" as it races to inspect riot areas in 24 hours
Loss adjuster GAB Robins plans to complete inspections of riot-ravaged areas across the country in the next 24 hours.
Industry welcomes riot claims period extension
The insurance industry has welcomed the Prime Minister's decision to agree to extend the period for policyholders to lodge claims from 14 to 42 days under the Riot Damages Act.
Bupa sees improved European performance in H1
Healthcare provider Bupa has reported half year revenue for Europe and North America of £1,464.4m, which contributed 37% to the group revenues of £3,929m.
Innovation Group lands RBS £40m subsidence contract in insurer first
Innovation Group has landed the first subsidence claims contract with RBSI since the insurer stopped using a panel of suppliers.