Claims
Ace appoints multinational claims client executive
Ace has appointed Graham Chesman as multinational claims client executive for the Ace European group.
Exclusive regulation and D&O content now available on Post Europe
Post Europe’s weekly update is now live with articles looking at Guernsey’s need to declare it would not be seeking Solvency II equivalency; and a View from the Top which says challenges in the European directors’ and officers’ markets are formidable.
Exclusive regulation and D&O content now available
Insurance Insight’s weekly update is now live with articles looking at Guernsey’s need to declare it would not be seeking Solvency II equivalency; and a View from the Top which says challenges in the European directors’ and officers’ markets are…
View from the Top: The challenge of D&O
Twenty-five years ago it was argued that “it is easier to hang onto a sow with a soapy tail than to hold a director liable”, but today the reverse is true.
Post Europe: View from the Top: The challenge of D&O
Twenty-five years ago it was argued that “it is easier to hang onto a sow with a soapy tail than to hold a director liable”, but today the reverse is true.
AJAG issues final Jackson response
The Access to Justice Action Group (AJAG) has today submitted its response to the Ministry of Justice Green Paper on implementing the Jackson review.
Former GAB manager joins Garwyn
Garwyn Group has appointed Greg Molyneaux as regional & technical director for Garwyn’s North Western operations.
Dual joins forces with law fim Kennedys
Dual Corporate Risks has entered a strategic partnership with Kennedys that will see the law firm handling claims on a third-party basis.
Jackson Report: LEIG publishes response
The Legal Expenses Insurance Group has claimed that there is only the “perception” of a compensation culture in its response to the Jackson Report.
Keoghs appoints duo to senior roles
Keoghs has appointed two senior personnel to its team – a new partner specialising in disease claims, Carrie Hoey, and a new commercial director, Andrew Spice.
Schemes - Conception & construction: Special delivery
Setting up schemes to cover specialist sectors can be a lucrative business - but it requires brokers, insurers and customers to work together. Stephanie Denton looks at this evolving market.
Claims Club news: Industry to take active role in the PAS 64 review
The Association of British insurers is to take an active role in the recently announced review of the standard for repairing flooded property — PAS 64 — after it was highlighted as an action point by one of the trade body's working parties.
Hastings first to pilot replacement scheme
Hastings is the first insurer to pilot lifestyle management and concierge company Red Onyx's new replacement vehicle scheme for total loss claims.
Mapfre plans global roll out of Insure & Go model
Spanish insurer Mapfre has revealed that it is set for a global roll out of its direct-to-consumer travel products, following its acquisition of Insure & Go.
Ruling opens door for non-FSA approved indemnifiers
Legal expenses insurers have warned that a recent ruling could pave the way for solicitors without Financial Services Authority approval to offer indemnity against defendants' legal costs.
Claims Club news: IFB: application fraud 'Achilles heel' warning
Application fraud is "potentially an Achilles heel" for the UK insurance industry.
Post history - 50 years ago: Fitter wins £27 000 for limb loss
Looking through Post's back catalogue paints a unique picture of more than 150 yeas of insurance news, as this highlight from 50 years ago reveals.
Claims Club news: Ombudsman relying on third parties as caseload increases
The Financial Ombudsman Service is making increasing use of outsourcing as it battles to keep up with the volume of cases it has to deal with, especially in the payment protection sector.
Biba calls for intermediary split after shock FSCS hike
Insurance brokers have reacted angrily to Financial Services Compensation Scheme proposals to increase their fees to more than £90m for 2011/2012.
Legal update - Successor practice rules: A legal minefield
As law firms acquire work from distressed practices, both they and professional indemnity insurers need to be wary of the rules regarding succession. Craig Jones reports.
Claims Club news: Extra capacity demands place pressure on loss adjusters
The big freeze over the winter of 2010/2011 is the latest event to raise the issue of how loss adjusters and other service providers find extra capacity to meet insurer and policyholder demands.
Claims Club news: FOS links lack of speed to training
The Financial Ombudsman has admitted that more works needs to be done to speed up cases to conclusion, once adjudication has been challenged.
Claims Club news: ABI rules out centralised flood response body
The Association of British Insurers is poised to reject the concept of having a centralised response to surge events, which could have seen streets allocated a specific loss adjusting firm to moderate claims.
Motor and home claim costs reach £1.4bn after freeze
Total costs for motor and home claims reached £1.4bn between during 24 November to 31 December 2010, as the big freeze swept across the UK, figures released by the Association of British Insurers have revealed.