News
Motor claims: Insurers must 'get their own house in order' over motor claims
Amid the public furore regarding escalating premiums and calls for greater consumer education on the rising cost of motor claims, some have suggested that the emphasis must be shifted back on to behaviour within the industry.
Video is next step for telematics
Technological advances in the world of telematics are expected to continue apace, following the claim that miniature in-car cameras could soon be installed to identify the number of potential claimants.
Rate rises could see upturn in market performance
The industry could see an upturn in the motor market this year, if rates continue to rise faster than claims inflation, but it ultimately hinges on whether insurers release or strengthen reserves.
Motor claims: Senior Labour MP dismisses LASPO as a ‘Christmas Tree’ Bill
The Legal Aid, Sentencing and Punishment of Offenders Bill has been criticised for limiting access to justice for poorer claimants and disguising the abuses of insurers and claims management companies as a compensation culture.
Market moves: MGAs making the moves
This week the recruitment space belonged to managing general agents.
Career development: Home & Legacy achieves chartered status
High net worth broker awarded status by the Chartered Insurance Institute
Brokers unconcerned as RBSI rebrands as Direct Line
Brand Finance heralds move as sensible
Bollington reshuffles management team as private equity speculation increases
Joe and Stephen Wall have both left the Groupama-owned firm
Editor's Comment: RBSI takes the Direct approach
The news that Royal Bank of Scotland Insurance is to use the Direct Line brand comes as little surprise.
Brokers issue retention rate warning over commercial insurance aggregation
Insurance firms looking to help aggregators target commercial insurance expansion in 2012 have been warned to check poor retention rates and increased fraud risks before over-committing themselves.
My best XI: John Rusby, Ten Insurance Services
Ten’s operations director John Rusby selects his Best XI for a start-up insurance company. Amanda Blanc makes yet another appearance, alongside two Belgian internationals, Manchester United and England legend Wayne Rooney and one time Sheffield Wednesday…
Career development: CILA launches new diploma
The Chartered Institute of Loss Adjusters has launched a new claims handling diploma.
Market fears for unintended consequences as first ABS approval nears
The first alternative business structure could be greenlighted as early as next week.
Immediate medical triage may cut whiplash costs
Treatment Network boss Jonathan Cook told delegates that offering whiplash claimants immediate medical triage when they first phoned in their claim prompted 15% of callers to "spontaneously recover" from their injuries.
Government rules out legal curfew for young drivers
The government has dashed insurer hopes of legal intervention to curtail and curfew young drivers.
Law report: Assault by employee cases have contrasting outcomes at Court of Appeal
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Subcontractor was in clear and deliberate breach of order
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Common sense over costs result
This law report has been contributed by national law firm Berrymans Lace Mawer.
Raymond James wins High Court litigation on restrictive covenants
International law firm Faegre Baker Daniels LLP has successfully defended its clients, Raymond James and seven former Edward Jones financial advisors, in a high-value High Court restrictive covenant claim, resulting in all claims being dismissed and…
Webinar: Closing the loop on records management and data security risk
In this video, Incisive Media’s group editorial services director David Worsfold chairs a lively discussion on records management and data security risk, including the challenges of managing records during the 2012 Olympic Games.
The Co-operative and Zurich keen to move on PM motor premium initiatives
The Co-operative is hopeful the insurance summit with Prime Minister David Cameron will lead to stamping out fraudulent personal injury claims while continuing to settle genuine ones.
Ingenie backs government's telematics measure
Telematics brand Ingenie has welcomed government plans to use technology to tackle spiralling motor insurance premiums.
Argo Group launches first insurance SE in Malta
Argo Group International Holdings has formed a new insurance company in Malta - Argo Global SE – the first insurance Societas Europeas (SE) established in the country.
Xchanging hires IT expert Mark Sutton
Xchanging has appointed former IT leader at the London Metal Exchange Mark Sutton as technology account director within the firm’s insurance sector.