Claims
Post Magazine – 10 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Facebook reveals insurance fraud
Axa investigators have uncovered a car insurance fraud in Wirral after discovering the two conspirators were Facebook friends.
Large risks need to be in IMD says Ferma
The revised European Insurance Mediation Directive should incorporate binding standards of transparency for brokers in their relationship with insurance buyers no matter what size the risks.
Large risks need to be in IMD says Ferma
The revised European Insurance Mediation Directive should incorporate binding standards of transparency for brokers in their relationship with insurance buyers no matter what size the risks.
Rebuilding Cost launches web portal
Rebuilding Cost has unveiled a new website which allows insurance companies online access to valuation surveys.
Cega strengthens medical team
Cega Group has strengthened its medical team with the appointment of Dr Juliane Kause to the role of general manager, Cega Air Ambulance.
Marine rates continue to plunge
Marine insurance rates are expected to continue softening in 2011, according to research by Marsh.
MMA selects motor claims solution
MMA Insurance has selected ISO Claims Outcome Advisor for the company’s motor insurance claims.
Southern hemisphere catastrophe events hit Beazley syndicate
Beazley Syndicate 623, which writes business on behalf of Names at Lloyd’s, has reported a 13.4% return on capacity for the 2008 underwriting year (previously 10%).
European Court of Human rights states findings on MGN application
This law report has been contributed by national law firm Berrymans Lace Mawer.
Mitsui Sumitomo at Lloyd’s launches claims charter
Non-life insurer Mitsui Sumitomo at Lloyd’s has launched its first claims charter as part of a drive to enhance the service delivered to brokers and their policyholders.
Investing in the profession - claims: a focus on training
There has been a lot of talk about professionalism in the claims sector. But while those operating in the field have long been granted access to significant training resources, what about those in the back office? Daniel Dunkley looks at whether things…
Roundtable: Is there a cross industry solution to rebuilding costs?
The current approach to rebuilding costs can lead to both underinsurance and ill-suited reinsurance programmes. Post gathered together a host of industry figures to debate whether a cross-industry solution could be found. Leigh Jackson reports.
Interview – Simon Douglas: the attraction of AA Insurance
Simon Douglas, director of AA insurance, previously worked in the life & pensions and private medical markets. He talks to Mairi Macdonald about what attracted him to the debt-laden business and the challenges it faces.
Editor's comment: No-claims discount: is it a goer in household?
This was the question posed by Axa finance director Jean Drouffe in last week's Post, and follows a number of recent musings by those in the general insurance market about how to counteract the growth in household claims due to events that can be linked…
MIB to appeal Jacobs ruling
The Motor Insurers' Bureau has been granted leave to appeal a landmark Court of Appeal decision allowing a British holidaymaker injured in a motor accident in Spain to claim against it.
Court of Appeal ruling could see end of 'expert shopping'
A Court of Appeal judgment handed down last week could put an end to 'expert shopping' in personal injury and other claims, reducing settlement costs for insurers.
Industry begins counting cost of New Zealand quake
The insurance industry has begun estimating its exposure to the 6.3 magnitude earthquake that shook Christchurch, New Zealand.
CILA to target skills gap with claims qualification
The Chartered Institute of Loss Adjusters is set to launch a claims qualification targeting back office claims managers, to fill what it perceives as a skills gap in the market.
Allianz launches repairer forum
Allianz has confirmed the launch of a new repairer forum to provide two-way consultation between the insurer and its network of suppliers.
Hiscox targets political unrest for opportunities
Hiscox is looking for underwriting opportunities arising from the political unrest in the Middle East and North Africa.
LBG sees slight rise in pre-tax profit
Lloyds Banking Group's general insurance business pre-tax profit in 2010 was £372m marking an increase of 1% on the 2009 result (£367m).
Prior reserve release staves off RSA underwriting loss
Prior year reserve releases of £267m have helped insurer RSA avoid posting an underwriting loss of £29m for 2010.
Post history – 15 years ago: Bomb blast buildings uninsured
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 15 years ago reveals.