Post - 2011-06-03

View from the top: A hard market is coming

I started talking about positive signs of rate movement more than a month ago. While many agreed, not all of the market's 'big three' brokers shared this view. But a few weeks can effect considerable change and now even Aon's soothsayers will probably…

Penny Black's insurance week

Penny cannot help but feel rather jealous of Josh Mitchell, the graduate who has landed a £40 000-a-year job as an 'ambassador' at sporting and musical events for the creatures from the compare the meerkat adverts.

CSR news: Peak time for Total Objects

Total Objects has raised more than £11 000 for charitable projects in the UK and Africa after completing the Three Peaks Challenge. The annual challenge for the Coins Foundation, involves scaling three of the UK's largest peaks — Ben Nevis in Scotland,…

Allianz confident over conversions

Allianz is targeting 200 brokers with its new add-on product, Pro Motor Rescue, predicting a conversion rate of between 15% and 20% on participating brokers' entire motor books.

Exercise Watermark set for insurer-specific rerun

The Association of British Insurers has confirmed Exercise Watermark, the government's emergency flood scenario run nationwide in March, will be re-enacted specifically for the insurance industry in August, in conjunction with the Cabinet Office.

Technology - Mobile apps: The age of the app

App fever is infiltrating every aspect of our lives — and the insurance industry is no exception — but while the benefits a quality app can bring are undeniable, there are a number of pitfalls to avoid, says Ian Singer.

Imperial replaces Davies

Imperial Consultants is set to replace rival claims firm Davies on Zurich's panel for low-value property repair validation, Post has learnt.

PSTF: Cloudy issue

The cloud computing industry needs to put the elephant in the room to bed over security issues.

Sword talks to two after MBO

Insurance software firm Sword Insurance has hailed the growing influence of private equity in the insurance sector, after it confirmed a leveraged management buyout from French-owned Sword Group.

IFB and Apil fraud tie-up

Discussions are underway between the Insurance Fraud Bureau and Association of Personal Injury Lawyers to establish a data-sharing agreement aimed at combating fraud.

Interview - David Bott: In the Apil hotseat

With claimant lawyers facing radical change over the next year following the Jackson Review, David Bott has a turbulent introduction to his tenancy as the new Apil president. Leigh Jackson talks to the man whose job it is to steady the ship through these…

CSR news: Lockton aims high for charity

Lockton's real estate & construction team's inaugural clay pigeon shoot has raised £5000 for its charity of the year, Macmillan Cancer Support. The shoot, which was sponsored by Amlin Insurance and held at Holland & Holland's shooting ground, has taken…

'Therapy drift' leads Axa to outcome-based model

Axa Insurance is looking to counter its concerns over rehabilitation 'therapy drift' by working with a provider's new outcome-based pricing model, which effectively offers insurers a money-back guarantee on results.

Homecall attracts buyer interest

Grant Thornton has been appointed official liquidator of the failed supplier of emergency cover for homeowners and landlords, Homecall Plus. But uncertainty remains as to whether policies issued in the past five months were backed by an underwriter as…

Editor's comment: Passing the hot potato

And so the buck gets passed once more. Another week, another non-decision on referral fees. This week it was the turn of the Legal Services Board to fight shy of a ban, deferring future responsibility for dealing with this questionable practice to…

Inflatable standards urged

Insurers have been urged to introduce new cover pre-requisites for inflatable amusements, after three children were injured when the bouncy castle they were playing on at a hotel in North Yorkshire came loose from its moorings and hit a telegraph pole.

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