Axa
In Series: Liability and Collaboration: No more Mr Nice Guy
After years of running battles, the focus on fraud prevention has moved to the employer’s liability sector, with the industry keener than ever to show it is not a soft touch.
SRA urged by insurers to be tougher on solicitors facilitating fraud
High level talks between the Solicitors Regulation Authority and insurers are being arranged amid criticism of the legal watchdog’s ability and appetite to effectively regulate claimant solicitors suspected to be facilitating fraud.
Top 100 UK Insurers 2015: Top 20 insurers: Regional office map
See where the top 20 UK insurers have their regional offices in 2015 (headquarters not featured)
Axa and RSA mini-fleet products added to Applied Systems' panel
Applied Systems is expanding its commercial lines panel with the addition of mini-fleet products from Axa and RSA.
Insurers wary of increased costs following Enterprise Bill proposal
Question marks have been raised over a proposed measure in the Enterprise Bill that could see insurers pay general damages to policyholders that have suffered additional loss because of an unreasonable delay in payment.
Whiplash fraudsters ordered to pay costs to Axa
A judge in Birmingham has thrown out a personal injury case after it was discovered that four individuals claiming to have suffered whiplash in a road traffic accident had never been in the vehicle in question.
Driverless cars concerns can be overcome, claim insurers
Concerns around the vulnerability of driverless car systems to hacking have merit but do not present an insurmountable obstacle to mainstream uptake, according to insurers involved in the development of autonomous vehicles.
Axa study calculates £34bn of savings from driverless HGVs
The development of automated haulage and logistics vehicles could save the haulage industry almost £34bn, according to a study undertaken by Axa UK.
Axa halts 'significant' personal injury claims with fundamental dishonesty defence
Two fraudsters have withdrawn fake but financially significant personal injury claims after Axa used the fundamental dishonesty defence.
SMEs rate insurers among the top three most transparent institutions
A survey of SME directors carried out by Axa found that the least transparent institution that they have regular dealings with is their local council. The most transparent in order were accountants, lawyers, and insurers.
Two men jailed for 'cynical' scam to defraud Axa of £15k
A pair of opportunistic fraudsters who teamed up to con Axa out of £15,000 have been jailed for a total of 30 months at Teesside Crown Court.
Martin Ashfield (Axa) predicts more self-service in claims handling
Martin Ashfield, property and lifestyle claims director at Axa, says insurers should involve their customers more in the claims process. He predicts that in the future, there will be more self-service, putting the customers in greater control of their…
Axa and Biba to clamp down on fraud by educating customers
Axa has teamed up with the British Insurance Brokers’ Association to proactively educate customers on the definition, consequences and wider impact of committing fraud.
Broker Network's insurer relations manager to join Axa
Broker Network’s insurer relations manager Dene Smith has left the organisation to head up Axa’s Birmingham branch.
Axa aims to challenge mid-market status quo with sector-specific proposition
Axa has signalled its intent to secure a much larger share of mid-market risks in 10 key trade sectors with the introduction of a tailored broker proposition.
Insurers pessimistic about swift NIHL claims drop despite government action
Government-led measures to clamp down on unmeritorious industrial deafness claims will not trigger a short-term decline in record-breaking claims volumes, according to industry bosses, although the prospect of a Medco extension has been mooted as a long…
UK insurer CEOs lament IPT hike as H1 results are squeezed
Industry CEOs have criticised the government’s "regressive" decision to increase insurance premium tax, but have dismissed the tax hike represents a disconnect from government, amid widespread profit drops and combined operating ratio deterioration at…
Blanc claims Axa is unrecognisable from past and defends business merger
Significant improvements at Axa in the UK over the past five years mean the insurer is in a very different place ahead of the planned merger of its commercial and personal lines business, according to CEO Amanda Blanc.
Axa reveals structure of new combined UK GI operation
The new Axa Insurance is to be split into four business units following the reorganisation of the insurer's UK general insurance activities which will take effect on 1 January 2016.
Wunelli hires ex-Axa personal lines distribution boss Cavanagh as VP
Former Axa personal lines intermediary distribution director Selim Cavanagh has been appointed to the role of vice president of telematics firm Wunelli by parent company Lexis Nexis.
LV to publish prior year premiums on renewal documents
LV is to join Axa in publishing prior year motor premium prices on renewal documents.
Amanda Blanc to lead combined UK GI operation from next year
Axa UK commercial lines and personal lines intermediary CEO Amanda Blanc is to take control of Axa’s entire general insurance operation in the UK as of 1 January next year.
Benign weather helps Axa UK shave 1.2pp off its first half COR
Axa’s UK business was aided by benign weather conditions in delivering an improvement of 1.2 percentage points in its combined operating ratio for the first half of the year, which stood at 97% (H1 2014: 98.2%).
Top 30 European Insurers: The cream of the crop
Post, in association with AM Best, has compiled a list of the top 30 European non-life insurers. How have the rankings changed since 2013 – and how have currency fluctuations changed the standings of those dealing primarily in US dollars?