Opinion
Comment - RTA scheme extension: Desirable data
After a year in operation, the RTA claims process is coming under scrutiny to determine whether it is actually working. Tim Wallis explains why statistical analysis is useful and desirable, but also difficult, at this stage.
Postbox: Fraud problem underestimated
I am writing to address the comments in the last edition of Post from Simpson Millar partner Emma Costin 'Co-operative attacked over PI claims fraud focus' , who I believe is underestimating the growing issue of false personal injury claims.
Postbox: Adjusters at the mercy of fickle insurers
David Bonehill's letter has clearly provoked a significant response — and rightly so.
Postbox: Mediation is a viable alternative
The various debates surrounding the future of referral fees and the resulting impact on the costs of insurance — 'TSC re-opens premiums inquiry as referral fee furore escalates' and 'Referral fees a 'red-herring', claims CSC' - overshadow the fact that…
Postbox: Independents can help lessen the load
I agree that there is room for improvement where surge response is needed.
View from the Top: Time for a new way of working with risk
Having recently attended the Airmic conference in Bournemouth, it struck me how much the risk management profession has changed over the last decade.
Risk management: the issue of local v global
Companies are increasingly becoming global but as Tracey Clayton argues this does not always mean that having a global insurance programme forced on them is the best option.
View from the top: More than just words
Tech companies push the boundaries of what is conceivable, while media groups walk a legal tightrope to publish good stories. That's why their insurers and brokers must work so hard to keep up with their clients' risks.
Postbox: Fraud unit funding not a floodgate
Your front page headline 'Insurers fear £9m fraud unit will prompt further cash calls' is somewhat alarmist.
Penny Black's insurance week
Penny thought she got invited to all the best gigs, but clearly her invitation to Markerstudy's 10th anniversary bash at The Savoy was lost in the post.
Editor's comment: Partners and crime
This week's insurance news theme could be the stuff of another unpublished Jane Austen novel — Partnership & Punishment — although it's doubtful the Bodleian would fork out another £1m for the privilege. Or perhaps with a title like that it's more…
View from the Top: The role of reinsurance in disaster risk management
Reinsurers are gaining recognition in the light of disasters for the role they are playing in helping insurers, governments and society as a whole to deal with today’s risk landscape.
Sustaining work-related road safety in hard times
Research shows 16% of hospitalisation crashes and 24% of fatal crashes involve someone driving for work. Dr Will Murray puts forward the legal and financial case for European organisations implementing a collision free culture.
View from the Top: Spanish accident insurance
As far as insurance is concerned – and particularly accident cover – the economic situation is having a major effect on premium levels.
Post Europe: View from the Top: Spanish accident insurance
As far as insurance is concerned – and particularly accident cover – the economic situation is having a major effect on premium levels.
Post Europe: Sustaining work-related road safety in hard times
Research shows 16% of hospitalisation crashes and 24% of fatal crashes involve someone driving for work. Dr Will Murray puts forward the legal and financial case for European organisations implementing a collision free culture.
View from the Top: Spanish accident insurance
As far as insurance is concerned – and particularly accident cover – the economic situation is having a major effect on premium levels.
Sustaining work-related road safety in hard times
Research shows 16% of hospitalisation crashes and 24% of fatal crashes involve someone driving for work. Dr Will Murray puts forward the legal and financial case for European organisations implementing a collision free culture.
Postbox: Bursting for improvement
I have read with interest recently articles in insurance trade publications regarding the continuing cost of winter claims to the sector. According to their authors, the burst pipe claims 'event' at the end of 2010 and into 2011 will have a far greater…
View from the Top: Masters of our destiny
Henry Ford once said: "Whether you think you can, or whether you think you can't, you're right." Insurers can learn from this simple nod to the power of the self-fulfilling prophecy.
Guest comment - Referral fees: Take off the blinkers
The banning of referral fees should just be the beginning of a wider overhaul of the civil litigation system, argues Groupama managing director Laurent Matras.
Penny Black's insurance week
As if the big brokers don't have enough on their plate contending with regulators breathing down their necks, Aon and Willis now have to ward off Decepticons too.
Post Europe: Bancassurance a growth channel for commercial insurance
Banks in Italy currently hold just 4% of the general insurance market, however, with significant growth in demand for commercial insurance such as directors’ and officers’ Maurizio Ghilosso explains why this might be the ideal channel to tap into this…
Post Europe: View from the Top – What price pan-European regulation?
The increased attention on all aspects of regulation across Europe has the potential to slow down the drive for innovation. Ironically, this comes at a time when technology is making important gains in distribution and the simplification of the insurance…