Personal
This week in Post: M&A, Ogden misery and the Mobot
With London hosting the World Championships there has been a sports buzz about the city this week.
Blog: Insurers must pursue exaggerated claims
A recent prison sentence for a claimant who exaggerated injuries, is proof that compensators should pursue this kind of fraud vigorously, writes Kieran Jones, partner at Weightmans.
Hastings vows further data investment as profit rises by 22.1%
Hastings has seen a 22.1% increase in H1 adjusted operating profit, as the company vowed to continue investment in its data-driven model.
Allianz UK sees drop in profits as COR improves marginally
Allianz UK saw its combined operating ratio marginally improve in H1 2017 despite deteriorating operating profits.
Allianz LV deal precursor to more European activity in UK market, brokers say
Allianz’s purchase of 49% of LV’s GI unit could be a precursor to further UK market activity from European insurers, brokers said.
Allianz to buy 49% of LV GI for £500m
Allianz will buy 49% of LV’s general insurance business as part of a long-term partnership which will see the creation of the UK's third largest personal lines insurer.
Blog: How to get rid of legacy systems
Insurers are aware of the hurdles associated with replacing legacy systems. But there are ways to make it a smooth and beneficial transition, as listed by Grzegorz Podlesny, senior manager at Sollers Consulting.
Content director's comment: Does Elton John signal the end of the insurtech buzz?
As a younger music fan, nothing gave me a greater kick than finding a band on the bottom of a bill in a grimy venue that blew me away.
Blog: Travel insurance alone doesn't cut it for corporate clients
Corporate clients want travel insurance and travel risk management in the same place, says Chris Knight, head of corporate services at Cega.
Blog: Building on blockchain
Blockchain is gaining popularity among insurers, who will need to figure out how to integrate it with legacy systems, says Michael Clifton, senior vice-president, global insurance strategy and ventures at Cognizant.
Allianz launches on-demand drone insurance with start-up Flock
Allianz has partnered with start-up Flock to launch app-based on-demand drone insurance for commercial and recreational users.
Blog: Caravanning, a journey to cross-selling lands
Caravanning clients offer brokers many cross-selling opportunities, writes Graeme Hamilton, head of leisure insurance at Jackson Lee Underwriting.
Gibraltar: Between a Rock and a hard Brexit
A minority of Gibraltarian insurers could suffer from the loss of European passporting rights but the territory could also attract companies looking to enter the UK market after Brexit.
Interview: Karen Beales, UK General
Karen Beales was recently appointed CEO of UK General from her existing role as managing director, following JC Flowers’s acquisition of the company. Post discussed with Beales what the future holds for the managing general agent.
Analysis: Monitoring medical misdeeds
Surgeon Ian Paterson went to prison in May for carrying out unnecessary cancer operations and this case has highlighted gaps in the insurance coverage of medical malpractice
Allianz appoints John Berry as director of underwriting and technical for personal lines
Allianz has appointed John Berry as director of underwriting and technical, personal lines.
Legal Update: Catastrophic injury claimants can benefit from assistive technology
Assistive technology can provide a cost-effective way of helping claimants with catastrophic injuries, explains Malcolm Henké, partner at Horwich Farrelly.
Blog: Digitisation and the battle for relevance
Digital technologies offer insurers the opportunity to reconnect with their clients and earn back their trust, writes Robin Wolstenholme, senior marketing specialist at Liferay.
Personal injury CMCs made £2.8bn over the last decade
Personal injury claims management companies earned £2.8bn over the last 10 years, a government report has revealed.
Public divided on driverless cars, study reveals
Over a third of the public are sceptical of driverless cars, with only four in 10 ready to embrace the technology.
Blog: Wearable tech as a way into the young HNW market
Brokers can use wearable technology as a way to enter the high-net-worth and mid-net-worth market, especially its young segment, advises Sarah Willoughby, art and private client development director at Ecclesiastical.
Swinton's Richard Beaven on getting personal
The disruptive rise of price comparison websites is well-documented. This has prolonged the lifespan of an outdated business model where insurers and brokers compete on price, and price alone, argues Richard Beaven, distribution director for Swinton…
Analysis: Fighting for cover
Military personnel struggle to find motor and household insurance adapted to their circumstances. Should general insurers leave that market to specialists?
Blog: Making life-or-death decisions for your customer
Could you and your providers be trusted to come up with an innovative solution to save your customer's life, asks Chris Knight, head of corporate services, CEGA Group.