Claims
Leisure industry irresistible target for cyber pirates
The vast quantities of personal and identifiable information collected by the leisure and hospitality industry has made it a chief target of cyber attacks, according to global insurance broker Willis Group Holdings.
MoJ reports a tenfold increase in unauthorised CMCs being shut down
Record numbers of unscrupulous or unauthorised claims management companies have been shut down by the Ministry of Justice in the last year.
Crawford launches accredited management scheme for staff
Loss adjuster Crawford & Company has teamed up with the Chartered Management Institute to launch what it claims is the first accredited management programme in the sector.
Foil calls for health & safety change
The Forum of Insurance Lawyers has demanded the government relax health and safety regulation and simplify the current complex regime.
Mphasis acquisition broadens reach
IT services company Mphasis has entered into a definitive agreement to acquire Wyde Corporation, an international software vendor and creator of insurance policy administration solution Wynsure.
Ecclesiastical adds Quadra to increase property adjuster panel
Ecclesiastical has appointed Quadra Claims Services to its property loss adjuster panel to focus on commercial and personal lines property claims.
Keoghs reports 47% rise in fraud
Law firm Keoghs claims its counter-fraud team helped insurers in the UK avoid paying £100m to fraudulent claimants in its last financial year – a 47% increase on the previous year.
Exclusive IP and catastrophe articles now live
Insurance Insight’s weekly update is live with articles on intellectual property and natural catastrophes.
View from the Top: Threat from wave of natural catastrophes?
The spate of natural catastrophes around the world shows no signs of abating.
European brokers set to benefit from IP growth
The value of intellectual property has come to the fore in recent months and according to Sam Bobo smart European brokers will be investing in developing insurance for this area in order to corner an expanding market.
Soil deficit figures support predicted upturn in subsidence claims
Unless there is significant rainfall over the UK in the next six weeks, the industry should brace itself for a rise in subsidence claims later this year.
Markel launches Dutch operation
Markel International is preparing to open a branch office in Rotterdam this September.
Insurers uncovered 9% more fraud in 2010, according to the ABI
Insurers uncovered 133 000 fraudulent insurance claims in 2010 - 2500 every week - up 9% on 2009.
People moves - 28 July 2011
A round-up of people moves and new appointments in the industry, as featured in the 28 July 2011 edition of Post.
Aspen records $128.7m operating loss at the half year
Aspen this morning reported a combined ratio of 105.0%, or 89.2% excluding catastrophe losses for the second quarter of 2011, compared with a combined ratio of 86.9% for the second quarter of 2010.
Postbox: Collaboration is key to finding a surge solution
I read with interest David Bonehill's letter 'Bursting for Improvement'.
Post history - 20 years ago: The cost of keeping the kids safe
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Mobile phone insurance: We've got your number
Mobile phone insurance is a high-frequency claims product but has been criticised by the ombudsman and consumer groups. Ralph Savage reviews the sector to discover if this niche is offering value for money.
Fraud - Statistical analysis: Protect yourself
As analysis reveals the shifting depths and demographics of insurance fraud, identity validation and verification must come to the fore, writes Nick Mothershaw.
Fraud - Household: Opportunity knocks
Household fraud is on the rise according to insurers. Callum Brodie attempts to find out why and what the industry can do to prevent it.
Comment - Referral fees: Make your mind up time
As the debate over the future of referral fees rumbles on, it is time for the government to make its decision or risk creating confusion over its civil justice reform programme, writes Kate Lotts.
Career development & CSR: BLM raises £18 000 for Barnardo's
Generous employees from Berrymans Lace Mawer handed over £18 000 to Barnardo's following the law firm's annual charity quiz night.
Comment - RTA scheme extension: Desirable data
After a year in operation, the RTA claims process is coming under scrutiny to determine whether it is actually working. Tim Wallis explains why statistical analysis is useful and desirable, but also difficult, at this stage.