Axa
My best 11 - David Williams, Axa Commercial Lines
Axa Commercial claims and underwriting chief David Williams picks his best XI for a potential insurance start-up company. Relying on his vast management experience Williams has selected a mix of sporting, celebrity and insurance personalities.
RSA to head to High Court to defend disputed subrogation policy
RSA is going to the High Court next year in a bid to defend its policy of adding as much as 25% to bills passed on to rival insurers through subrogation.
Holidaymaker injuries: Making a splash
The popularity in unusual and dangerous crazes performed by holidaymakers has serious implications for the insurance industry.
Whiplash - Britain: The European whiplash capital
With its proportion of whiplash claims far outstripping any other European nation, what must the UK do to curb this cause of claims inflation?
Interview - Matthew Reed: The challenge is everything
With insurance as his third career, Matthew Reed, Axa Commercial’s managing director of intermediary and direct, has risen rapidly up the ranks. Amy Ellis finds out how previous experiences have invested him with the determination to turn the insurer…
Consumers willing to take more financial risks
Consumers have been taking more financial risks with one in 14 of those surveyed saying they consider insurance a waste of money, according to the Axa ‘Big Money Index’.
XL Insurance expands middle market
XL Insurance is to expand its middle market offering to UK companies with a turnover between £25m and £250m. It will include international coverage if required.
Axa calls on residents to insure expensive gadgets
Research conducted by Axa has revealed that the average UK home now contains £5 218 worth of gadgets, leading company bosses to call on homeowners to insure their valuables.
Market moves: Bucking the trend for UK employment
With September in full swing, announcements of moves around the market are arriving thick and fast. After the dearth of recruitment news in August, disciplines across the industry spectrum appear busy luring expertise from competitors, promoting from…
Insurers vow to pay squatting claims if informed of extended absence
Insurers have vowed to pay claims to policyholders whose properties are invaded by squatters — as long as they inform them if their home will be empty for long periods of time.
Explosion in whiplash claims highlights the need to tackle cause not symptoms
Last week’s Claims Club meeting saw a heated debate on referral fees, a call for members to lobby against the EU tax review and heavy criticism of the SRA
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on the growing problem of travel clinic fraud: and a blog asking when the Middle East will stop being an emerging market?
Travel clinic fraud: a growing problem
Thousands of holidaymakers who receive medical treatment while travelling abroad are at risk of being overcharged, according to Mike Keating.
Axa urges MoJ to cut legal costs
Insurer Axa has welcomed the Ministry of Justice’s ban on referral fees but has urged the government to tackle lawyers fixed fees.
Water claims firm alerts insurers to cowboy drainage contractor threat
Water claims firm Property Consortium Drainage has warned cowboy drainage firms could cost insurers dear when responsibility for drains switches from homeowners to water companies.
My best 11: Bobby Gracey, Crawford & Company
The inaugural manager to select his best XI for a potential start-up company is Bobby Gracey, vice president for global counter-fraud solutions and UK business development director at Crawford & Company. A heavy reliance on his claims and fraud…
Axa and aggregators make online list
A list of influential online retailers, called 101 Directors Of .COM, has named half a dozen insurance site bosses among a list ranging from supermarkets to sex toy sellers.
Keelan Westall offers to beat quotes
Wholesale property insurance broker Keelan Westall has launched a ‘guarantee to beat’ initiative promising to beat premiums by 10% for commercial property risks over £500 until the end of the year.
Axa blames injury claims for motor reserve top-ups
Axa has denied its need to top-up motor claims reserves for the last five years is because of its acquisition of Swiftcover, blaming instead high claims costs.
Capita looks to double in size by 2013
Outsourcing specialist Capita Consulting has unveiled plans to recruit 30 more consultants to its financial services practice and to double the size of its business in two years.
Ageas makes changes to group executive committee
Ageas has appointed Christophe Boizard as member of the group executive committee and as Chief Financial Officer with effect from 5 September 2011.
Ex-Swiftcover CEO Blowers back with new online start-up
Online insurance broker Qmetric has been granted full Financial Services Authority approval and is said to be a “few weeks” away from adding three major insurers to the panel of its specialist consumer brand Policy Expert.
Crawford-Axa allegations unfounded
Twin-track investigations immediately launched following anonymous accusations of “sharp practices” in Crawford & Company’s handling of Axa claims have discovered the allegations to be unfounded.
Disaster recovery - SME: Dealing with disaster
SMEs would flounder in the face of a disaster, with a large proportion going out of business completely. Edward Murray asks why, therefore, it remains so hard to get them to engage with disaster recovery planning.