News
TSC’s ideas would strengthen medical reporting, says Premex
The Transport Select Committee’s whiplash report contains ideas which would make the medical reporting process more robust to the benefit of claimants and defendants, according to Premex Services.
Lower motor premiums depend on whiplash reforms, says ABI
The Association of British Insurers has called upon the government to deliver "fundamental changes" to tackle the UK's "whiplash epidemic" before insurers can deliver further reductions in car insurance premiums for their customers.
Whiplash small claims track extension under threat
The conclusion of a Transport Select Committee inquiry into the cost of motor insurance has sparked “disappointment” among insurance industry bosses after MPs refused to support Ministry of Justice plans to place whiplash claims on the small claims track.
Speakers confirmed for Claims Club Asia Singapore
Claims Club Asia is coming to Singapore on 12 September.
Asia boosts JLT's profits
Broker JLT posted total revenues up 10% to £487.2m ($740m) for the first six months of 2013, boosted by strong organic revenue growth of 7%.
Philippines moves to three year insurance licenses
The Philippines is set to approve three year insurance contracts running from January to December as opposed to annual licenses running from June.
Extended claims portal welcomes EL and PL claims
The Ministry of Justice’s out-of-court claims portal can be used for uncontested personal injury claims of up to £25 000 from today.
Transport Select Committee publishes whiplash report
The Transport Select Committee has declined to approve government plans to switch whiplash claims to the small claims track in its long awaited report on the cost of motor insurance.
Job cuts not primary source of savings drive claims JLT
Jardine Lloyd Thompson senior executives have denied that the predicted £12m annual savings from its business transformation programme will come primarily from job cuts.
Integration focus cited as Towergate walks away from Giles deal
A combination of pricing and a focus on its own integration are likely to have been factors in Towergate not acquiring Charterhouse's majority stake in Giles, Post understands.
US doubles supercomputer power for hurricane forecasting
US weathermen have been boosted by newly upgraded supercomputers capable of processing computer models on forecasts almost twice as rapidly.
Curtis lands Barbican CEO role
Barbican Group has appointed Ken Curtis as chief executive of Barbican Managing Agency.
Allianz warns on lack of awareness of new employment tribunal changes
Both sides of the employment divide are unaware of the impact of the changes introduced by the new employment tribunal regulations, Allianz Legal Protection has warned.
Insurers to start using IFR in coming months says ABI
The first insurers to sign up to the Insurance Fraud Register will begin using it in the next few months, the Association of British Insurers said today.
Two new account managers for Axa Reading branch
Axa commercial lines and personal intermediary has appointed two new account managers to its Reading branch.
Yorkshire doctor in hearing over bogus whiplash claims
A Yorkshire doctor is appearing before a Medical Practitioners Tribunal Service disciplinary panel this week after assisting motorists in making bogus whiplash claims.
Lack of clarity leads Beazley to extend political violence policy
Beazley’s political risks team is extending its political violence policy to offer cover for physical damage during terrorist or insurgency actions caused by the police or security forces.
Kiln hires senior accident and health underwriter in Germany
Kiln has appointed Claudia Alaimo as senior accident and health underwriter for Europe.
PPI complaints falling but Ombudsman warns against complacency
The number of complaints being lodged over the mis-selling of payment protection insurance may have peaked, the Financial Ombudsman Service said this week.
Am Trust to buy Sagicor Europe
Am Trust Financial Services plans to acquire Sagicor Europe from Sagicor Financial Corporation in a deal worth approximately £57m.
JLT's H1 revenue rises 10% after strong organic growth
Broker JLT posted total revenues up 10% to £487.2m for the first six months of 2013, boosted by strong organic revenue growth of 7%.
Am Trust agrees £57m deal for Sagicor Europe
Am Trust Financial Services has agreed to acquire Sagicor Europe from Sagicor Financial Corporation for approximately £57m.
Tokio Marine targets South-East Asia for growth
Japan's second largest general insurer Tokio Marine is looking to expand its presence in South-East Asia.
Two trains collide in Switzerland
One person has died and at least 35 people have been injured, five of them seriously, in a collision between two trains in western Switzerland.