Axa
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.
Ex-Swiftcover CEO Blowers back with new online start-up - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include 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…
Penny Black’s insurance week
Penny got more information than she bargained for when she visited Axa’s London offices last week to get an update on its commercial lines strategy.
People moves – 18 August 2011
A round-up of people moves and new appointments in the industry, as featured in the 18 August 2011 edition of Post.
Editor's comment: A time of upheaval
Travelers’ decision to pull out of the Irish private motor market last week was an interesting - and apparently unexpected - one.
Bluefin looks to become ‘consolidator of choice’
Bluefin has staked its claim on becoming the consolidator of choice as it sets out to beef up its existing 54 offices in the UK after getting extra backing from its insurer parent.
News analysis - Axa Commercial: A simply complex strategy
With its UK strategy now signed off by the Axa group board, Amy Ellis speaks to Amanda Blanc and Matthew Reed about what commercial brokers can expect from the insurer.
New generation claims group: Networking opportunities
With a brief of developing innovative ways to improve the claims process, the Chartered Insurance Institute’s new generation claims group recently finished its year-long pilot. Ant Gould looks at the results and talks to the key players.
Axa confirmed as business insurer for Reeves furniture store
Axa has also confirmed it is the co-insurer for Party Superstore in Clapham and the sole insurer for fashion store Intense and Funky in Tottenham.
Short selling of insurance stocks banned in four EU countries
France, Spain, Italy and Belgium have imposed bans on short-selling on bank and insurance stocks to stabilize markets.
Axa Commercial targets record £1.2bn GWP by 2015
Outlining Axa’s strategy for the commercial lines business, CEO Amanda Blanc said that it aims to have a combined opertaing ratio of 95% by 2015.