The insurance industry has been warned some firms could face ruin after a legal challenge to the Financial Services Authority's measures to deal with payment protection insurance complaints was rejected.
It was really interesting to read the archived Post article highlighting comment made 50 years ago by Noel Hickey, chairman of the Galway Centre of the Insurance Institute of Ireland, on how the insurance industry was failing to gain consumer and media…
Writing quality risks in volume, while giving customers great customer service and preventing fraud, is a never-ending struggle, but new checking systems can help insurers strike the right balance, writes Graham Odiam.
Plantec Holdings has invested thousands of pounds in its motorcycle technicians by putting them through accreditation from service maintenance technician to diagnostic technician and, most recently, the master technician qualification.
The use of telematics technology is a vital tool in combating "dodgy claims" —and securing first notification of loss information almost instantaneously — according to Mike Brockman, joint CEO and founder of Insure the Box.
Sometimes it's good to go against the grain — it can signal creativity, innovation and a desire to differentiate. And then there are the times when mirroring market trends undoubtedly brings the best outcome for individuals concerned.
Curfew-based telematics products for young drivers will not only fail to improve behaviour and accident statistics, but the business model is also flawed. That was the warning issued by Mike Brockman, founder and joint CEO of Insure the Box, as he…
The recent case of Omega Proteins v Aspen Insurance UK raised an interesting issue for product liability insurers and liability insurers generally. Colin Peck reviews the case and its potential implications.