Post - 2011-09-01
Articles in this issue
Fraud - pet insurance: Vetting animal claims
Animal-related fraud is on the increase, with exaggerated claims for treatment a common cause. Claire Laver and Carys Clarke examine ways to combat the problem.
Broking - travel: Tailored travel
Brokers are struggling to keep pace in the travel insurance market, as aggregators take an ever-increasing share of the sector. Callum Brodie investigates the future of intermediaries in this highly competitive arena.
Business interruption - recessionary impact: Predicting the unpredictable
An uncertain economic climate is making the quantification of business interruption claims even more problematic. Tony Levitt explains.
BIS Countdown - Patrick Snowball: A hostile climate
Faced with unsettled stakeholders and challenging operating environments, Patrick Snowball argues insurers must still prove they can lead reform from the front.
Takaful insurance: A future full of potential
Despite the failure of the first domestic Shariah compliant insurer, the Takaful market is predicted to have a great future. Sam Barrett looks at its potential for growth.
View from the top: An endangered species?
UK-domiciled Lloyd’s brokers are under significant pressure. It’s always been a tough market, but the increased use of broker requests for proposals and unsolved inefficiencies are squeezing the London community further.
The other side of the disaster story
Regarding David Bonehill’s letter about quality of service to policyholders, I write from the point of view of the disaster restoration industry.
Career development - opinion: Selling is still a dirty word
A stigma remains over the idea of being a salesman in the UK. Russell Ward challenges this notion and explains why sales should be established as a skill set.
People moves - 1 September 2011
A round-up of people moves and new appointments in the industry, as featured in the 1 September 2011 edition of Post.
Post history - 20 years ago: Mortgage losses may hit £900m
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 20 years ago reveals.
Penny Black’s insurance week
After the guest host at this year’s British Insurance Awards Jonathan Ross said Capita Group’s Tony Tarquini had a name for show business, Penny was keen to meet the man herself.
Admiral battens down the hatches
Admiral has been the darling of the stock market for a number of years but, despite record pre-tax profits, its share price took a tumble last week. Chinwe Akomah finds out why.
Clinicians call for a whiplash consensus
Leading clinicians are set to call for a new consensus in tackling the whiplash culture in the UK at a conference in November.
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.
Bank holiday breakdowns
Unsettled weather meant the AA only reported 35 000 breakdowns between 26 August and 29 August, 1000 lower than the August bank holiday 2010 but 1000 higher than for the same period in 2009.
Editor's comment: The fall of angels
Many might argue the day was an inevitable one for a motor insurance giant where UK car cover accounts for 90% of group turnover, but the market evidently hoped otherwise. Admiral’s radiant stock market halo has finally lost some of its shine.
Aviva u-turns on single brand policy with QMH
Aviva’s UK retail director Steve Treloar has vowed to expand new car insurance brand Quote Me Happy into the household market.
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.
Warning over Solvency II pillar three requirements
Capita Consulting’s head of financial services Tony Tarquini has claimed insurers are failing to focus enough on meeting the ‘third pillar’ reporting requirements of Solvency II.
Economic uncertainty boosts HNW business
Stock market crashes and market uncertainties are moving high net worth customers from stocks and shares to more tangible assets, boosting business for HNW insurers.
Boswell launches recruitment drive after growth
The managing director of the East Anglia general insurance and legal services firm Alan Boswell Group is targeting a fresh recruitment drive, after announcing a capital reserves growth of 36% in the past year.
Essex broker rebuffed by Qmetric over Primo name
An Essex-based insurance broker has lodged a formal complaint against Qmetric for using the ‘Primo’ trading title, which it claims was its brand name first.
Irene batters the US but commercial losses look set to be low
Hurricane Irene will be a personal lines insurance event in the US with few major commercial losses, raising the issue of coverage for flood policies, according to loss adjuster Cunningham Lindsey.
Comment- mutuals: Public preference
Mutuals can be overlooked or underused by public bodies, but Allan Guest argues that they are the most cost-effective and appropriate choice for public sector risks.
Post Magazine - 1 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Post history - 10 years ago: Regulatory nit-picking lambasted
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 10 years ago reveals.
Post history - five years ago: Young driver scheme needs shaking up
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from five years ago reveals.