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Aquilo bidder U-turn threatens 30 jobs

Listed outsourcing company Aquilo has started a review that could lead to the closure of its IT equi...

Listed outsourcing company Aquilo has started a review that could lead to the closure of its IT equipment claims handling and replacement operation, ITS, with the loss of 30 jobs.

The moves follows a

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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