News
Insurers welcome government's whiplash consultation after MoJ u-turn
Insurers have welcomed the government’s whiplash reform consultation, which launched today after apparently being 'shelved' in October.
MoJ launches whiplash consultation
The Ministry of Justice today launched its consultation on proposals to personal injury reform.
Lie detector system 'could help insurers stop fraud at the point of inception'
A new Birmingham start-up has developed a virtual lie detector which uses speech recognition to combat insurance and banking fraud.
Gable needs £58.7m capital injection
Gable needs to provide £58.7m in order to meet its Solvency II requirements, according to its administrator.
Automated braking following Croydon tram crash could be stifled by limited market
The Rail Accident Investigation Branch has released an interim report following the Croydon tram accident which happened on 9 November.
Biba brands SSP's lack of communication 'unacceptable'
The British Insurance Brokers’ Association has said that it is “extremely concerned” over SSP’s lack of communication to brokers following this week’s interruptions to the software house’s Pure Broking platform.
Axa consults with union over 150 direct motor jobs
Axa is consulting with union bosses over its plan to move 150 jobs from Kent to Birmingham.
SSP platform back online but brokers still in the dark
SSP’s Pure Broking platform is now back online after suffering intermittent connectivity issues yesterday.
RSA splits commercial lines business
RSA has split its commercial lines business into two distinct units, Global Risk Solutions and Commercial Risk Solutions.
MGA launches claims management company
Managing general agent Nexus Underwriting has launched an independent claims company.
Allianz makes two broker market appointments
Allianz Insurance has appointed Nick Hobbs and Sarah Mallaby as directors of broker markets, commercial and personal.
Ageas sees profits fall on back of summer storm damage
Ageas has seen profits of £43m in the third quarter, a fall 8% from £46.9m in the same period last year.
Over 80,000 landslides complicate New Zealand earthquake recovery
Australian, Canadian and US warships are heading to New Zealand's coastal town Kaikoura to help with evacuations following Monday's powerful earthquake.
Fully autonomous vehicles could be legal in Australia by 2020
The Australian government is pushing ahead with trials of autonomous vehicles which could see major legal changes over the next five years.
Almost all motor claims made last year were successful
The UK insurance market paid out £15bn to policyholders last year with 99% of private motor claims made being successful.
SSP fails in initial attempt to fix latest system outage
An initial attempt to fix the glitch that has plagued SSP users since late last week was unsuccessful, the software house warned brokers.
Three ex-IFED detectives boost Hastings' Specialist Investigations Unit
Hastings Insurance has hired three former police detectives to expand its counter-fraud capabilities and further develop its Specialist Investigations Unit, a dedicated team focused on tackling instances of serious and organised fraud.
Growth in SME market could offer opportunity for insurers
The UK small and medium-sized enterprises insurance market has continued to grow in light of a growing economy which has facilitated an increase in the number of enterprises and the opportunity to sell commercial insurance.
Towergate signs deal with safety scheme provider
Towergate has signed a "pivotal" deal with a national health and safety scheme provider.
Lloyd's appoints Paolo Vagnone as strategy and change director
Lloyd’s of London has appointed Paolo Vagnone to the newly created role of strategy and change director.
Brokers outraged as SSP's Pure platform outage continues
Brokers remain in the dark over what is causing connection issues with SSP’s Pure broking platform as for a third day in the space of a week customers have experienced connection problems.
Ex-RSA claims handler handed prison sentence and £37,000 fine
A former insurance claims handler has been ordered by Liverpool Crown Court to pay back £37,000 after being found guilty of illegally passing on customer details to a law firm.
RSA issues ultimatum to staff over redundancy terms
Union bosses are urging action against RSA after the insurer issued an ultimatum to staff over proposed changes to redundancy terms.
Mildura hailstorm costs insurers A$71m
The Insurance Council of Australia has declared a catastrophe in Mildura after a severe hailstorm on 11 November.