Claims
View from the Top: Clarity and consistency
Since its publication in March, the Mactavish report has attracted significant interest and was a frequent topic of conversation at last week's Association of Insurance & Risk Managers' conference. It produced some dramatic headlines with the contention…
BLM converts to LDP model as Kinley made equity partner
Berrymans Lace Mawer's head of policy development, Alistair Kinley, has become the first non-lawyer to join the firm's equity partnership as it converts to a legal disciplinary practice. The LDP is the first new type of practice permitted by the Legal…
Rehabilitation: Fast-track frustrations
The potential increase in the fast-track claims limit presents both opportunities and challenges for the personal injury industry. Andrew Pemberton examines potential unwanted developments and implications for claimants, insurers and claimant solicitors.
Motor Focus - Fraud Unit: Opening Pandora's box
On the face of it, the suggestion of a police force funded by the industry to help fight fraud seems reasonable. However, Robin Reames examines if going down this path is really the right way forward.
Spotlight on Reputation: Making progress over trust
In 2009, the Chartered Insurance Institute published its Future of Trust in Financial Services research, which revealed some key concerns for the insurance industry. Two years on, CII faculty members reflect on the progress made.
FCIM appoints Auto Windscreens as sole supplier
Online motor intermediary First Central Insurance Management has appointed Auto Windscreens as its sole supplier, three months after the glazing repair firm was bought out of administration.
Spotlight on Reputation: Putting the wheels in motion
While the Retail Distribution Review does not cover general insurance brokers, Jane Bernstein discovers that this sector is already putting in place efforts to raise professional standards.
Ten years on, liquidator admits there was an Indy rescue plan
The joint provisional liquidator of Independent Insurance Dan Schwarzmann has said Pricewaterhouse Coopers is hopeful that a scheme of arrangement can be agreed by the end of the year, a decade after he was first appointed to the beleaguered insurance…
MA Assist seals Plus One repair contract
Insurance repair specialist MA Assist has signed an exclusive deal to provide building repair and validation services for Plus One Services.
Motor Focus - Premium Challenges: Mauled by the media
After being pounded by the press for putting premiums up, Leigh Jackson looks at the future of motor insurance and asks whether policyholders could do more to help themselves.
Lamp lines up ABS targets as Thai operation opens
Gibraltar-based legal expenses and private medical insurer Lamp is targeting $500m (£305m) premium in the first two years of its new Thailand operation.
Ten years on, liquidator reflects on Indy failure - Insurance News Now - 16 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how ten years on from Independent Insurance going into liquidation, PwC's Dan Schwarzmann is hopeful a scheme of arrangement being agreed by the end of the year.
Markerstudy acquires repair firm
Markerstudy Group has completed the acquisition of Tonbridge Coachworks Vehicle Repair Group
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
Brokers call for harsher fraud deterrent
A large number of brokers believe there should be higher penalties for insurance fraud and a central database of fraudsters to help deter fraud, according to a new survey.
SFO announces plan to build closer ties with the City
The Serious Fraud office has announced plans to forge stronger ties to the City of London and to the City of London Police.
Beachcroft: FSA product intervention marks “a major U-turn” in approach
Matthew Rutter, financial services partner at Beachcroft, has said the FSA’s feedback statement on product intervention – its powers to stop or intervene over financial services products – marks a major U-turn in its approach.
XL estimates US weather losses of $75m
XL Group has estimated that severe weather occurrences, including tornado activity, in the US in April and May caused losses of $50m to $75m, with the majority attributable to XL’s reinsurance segment.
Man pleads guilty to faking his death in insurance scam
A man has has pleaded guilty to faking his own death in Honduras to claim insurance benefits and claiming pensions relating to another person.
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Volcanic ash responsible for 45% of European trip delay claims in 2010
The Travel Metrics survey, carried out by Finnacord, has analysed the travel habits, insurance uptake and claims behaviour of 6 000 consumers in France, Germany, Italy, the Netherlands, Spain and the UK.
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Volcanic ash responsible for 45% of European trip delay claims in 2010
The Travel Metrics survey, carried out by Finnacord, has analysed the travel habits, insurance uptake and claims behaviour of 6 000 consumers in France, Germany, Italy, the Netherlands, Spain and the UK.