Penny Black's Social World - 18 February 2016

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All the latest news from the worldwide web

Fresh from Facebook
Members of the Walcot RFC under-15 team won £5000 pounds worth of funding for their club by winning 1st Central’s rugby trick shot challenge.

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The campaign, run by the car insurance provider, asked rugby clubs across the UK to showcase their skills, athleticism and showmanship in a trick shot video. Walcot RFC’s winning entry showed Max Machin demonstrating a difficult conversion and drop goal shot.

Walcot RFC will use the prize money to buy new kit for the U15 team and purchase training equipment for the wider club. The money will also be used to develop the next generation of rugby players and support the U15 team as they move towards colts and adult rugby. Watch the video here: http://ow.ly/XW2XF


The Big Picture
Celebrities who have been injuried on reality TV show The Jump, which features winter sports could lose millions after The Mirror revealed stars are not insured for loss of earnings in the event of a serious injury.

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Made in Chelsea’s Mark-Francis Vandelli, left, quit after fracturing his ankle in a fall, gymnast Beth Tweddle, middle, is in hospital after surgery to repair neck bones following her high-speed collision with a barrier and Olympic swimmer Rebecca Adlington and Holby City actress Tina Hobley, right, have bowed out from the show.


The Big Debate
Have you started Brexit contingency planning? Lloyd’s chief risk officer and general counsel Sean McGovern warned in a lecture this week that a vote to leave the European Union in the forthcoming UK referendum could fundamentally damage the London market. It was emphasised that insurers’ contingency plans would be particularly important. Is your business already preparing a contingency plan around the referendum? What in particular is it doing?

Katie Marriner, senior reporter, Post
Have your say at bit.ly/PostLinkedIn

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Irish guidelines for assessing damages to push up premiums

Aine Tyrrell, partner at law firm DAC Beachcroft, explains why fresh guidelines for the assessment of damages in Northern Ireland could add to the costs faced by insurers and contribute further inflationary pressure to premiums for liability and motor products.

60 Seconds With... Value Space’s Reijo Pold

Reijo Pold, founder of Value Space, a technology company that uses satellites to conduct assessments for commercial properties and infrastructure, reveals he has been working since he was aged seven and doesn't even totally clock off when he goes on holiday.

How to support insurance customers in vulnerable circumstances

As the Financial Conduct Authority intends to check claims-handling response times, and whether insurers are doing enough to help customers in vulnerable circumstances, Winn Group chief information officer Clint Milnes explains what providers need to do to meet the watchdog’s expectations.

How insurers should navigate supply chain disruption

With supply chain disruption continuing, Bill Bradshaw, operations senior vice president for London operations at FM Global­, says companies need to prioritise resilience and proactive prevention measures beyond insurance reliance.

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