News
CSR news: Brunel hits zero-carbon goal in green campaign
Brunel Professional Risks has upped its environmental credentials by achieving zero-carbon status, and claims to be the first specialist professional indemnity broker verified by clean planet trust Pure to have done so.
Homecall attracts buyer interest
Grant Thornton has been appointed official liquidator of the failed supplier of emergency cover for homeowners and landlords, Homecall Plus. But uncertainty remains as to whether policies issued in the past five months were backed by an underwriter as…
Property claims: UK businesses have failed to respond to roof collapse threat
The severity of the winter 2010 cold snap exposed a lack of preparedness by UK businesses, according to Huw Chandler, property risk engineering practice leader at XL Insurance.
'Therapy drift' leads Axa to outcome-based model
Axa Insurance is looking to counter its concerns over rehabilitation 'therapy drift' by working with a provider's new outcome-based pricing model, which effectively offers insurers a money-back guarantee on results.
CSR news: Lockton aims high for charity
Lockton's real estate & construction team's inaugural clay pigeon shoot has raised £5000 for its charity of the year, Macmillan Cancer Support. The shoot, which was sponsored by Amlin Insurance and held at Holland & Holland's shooting ground, has taken…
Property claims: Curb 'hide and seek' culture over claims
Insurers and claims firms have been told to curb "the hide and seek" culture obscuring the cost of claims handling.
Property claims: Lawyer in CFA plea
Non-foreseeability defences, often used in subsidence claims, could be on their last legs, according to a leading lawyer.
CSR news: Welsh broker chooses volunteering partner
Antur Insurance's employees have teamed up with Cancer Research Wales to volunteer at various events and stores run by the charity as part of the Welsh broker's 10th anniversary celebrations.
IFB and Apil fraud tie-up
Discussions are underway between the Insurance Fraud Bureau and Association of Personal Injury Lawyers to establish a data-sharing agreement aimed at combating fraud.
Sword talks to two after MBO
Insurance software firm Sword Insurance has hailed the growing influence of private equity in the insurance sector, after it confirmed a leveraged management buyout from French-owned Sword Group.
Towergate splits retail into three in internal shuffle
Towergate Broking has revealed a revised internal structure to staff, splitting its retail division into three key areas, Post has learnt.
PSTF: Telematics: caution called for over information overload
Responding to a question from a PSTF advisory board member, Insure the Box founder and joint chief executive Mike Brockman admitted there is a danger of information overload with regards to what telematics can deliver.
Property claims: Businesses must be vigilant over arson threat
A range of effective measures can be used to identify and tackle arson in the UK, according to a claims expert at Crawford & Company.
Towergate 'misleading' employment tribunal, says counsel
The long-running employment dispute between Towergate and two former members of staff now working for rival Hendersons could be concluded in November, a full year after the employment tribunal began to hear the case, Post has learnt.
PSTF: Cloudy issue
The cloud computing industry needs to put the elephant in the room to bed over security issues.
Imperial replaces Davies
Imperial Consultants is set to replace rival claims firm Davies on Zurich's panel for low-value property repair validation, Post has learnt.
Property claims: Sustainable claims cost fears allayed by scheme
The insurance industry is set to introduce a new sustainability scheme, measuring the carbon output of the claims process.
Property claims: Marsh admits to 'red flag' concerns
Insurance broker Marsh warned that policyholders are still failing to buy sufficient indemnity periods as part of their business interruption cover.
PSTF: Key to improved customer service held by technology chiefs
Chief information officers and chief technology officers are poised to become the real heroes in the drive to provide customers with the products and services they desire from insurers.
PSTF: Cost benefits driving secondary cloud migration
Almost nine in 10 IT professionals that use cloud-based services are moving beyond the hype and looking to invest further in this technology in 2011, according to a new survey.
Exercise Watermark set for insurer-specific rerun
The Association of British Insurers has confirmed Exercise Watermark, the government's emergency flood scenario run nationwide in March, will be re-enacted specifically for the insurance industry in August, in conjunction with the Cabinet Office.
Allianz confident over conversions
Allianz is targeting 200 brokers with its new add-on product, Pro Motor Rescue, predicting a conversion rate of between 15% and 20% on participating brokers' entire motor books.
Broker offers cover for wet summers
CCV Group company Infinity is set to launch a new product protecting visitor attractions from reduced footfall due to adverse weather conditions.
PSTF: Multi-channel business driven by customer empowerment
Insurers need to get out of the "multiple channel" mindset as their customers become more empowered, according to Richard Burdge, chief marketing officer at Thunderhead.