As insurers are trying to tackle rising escape of water claims costs, loss adjusters are developing increasingly specialised skills, explains Darren Francis, escape of water project manager at Crawford & Company.
The director of an insurance firm has been jailed for two years after she claimed her daughter had been injured in the 22 May Manchester Arena terror attack.
Marsh expects to save around $250m in “cost synergies” from the acquisition of JLT, with up to 3750 jobs at risk.
Marsh’s $5.6bn (£4.2bn) acquisition of JLT could spell opportunity for private equity-backed brokers, analysts believe.
Marsh & Mclennan will buy Jardine Lloyd Thompson for $5.6bn (£4.2bn) in a move that will shore up the company’s position as the largest broker in the world.
Carolyn Mackenzie, director of complex claims at RSA, argues that whiplash reforms are striking a delicate balance well.
Young people aged between 17 and 24 years old are most likely to fall prey to ghost broking scams, figures from the Insurance Fraud Enforcement Department reveal.
On-demand inspections start-up Shepper has raised $5.4m (£4.1m) in a series A round led by Aviva Ventures and Norwegian Idekapital Fund 1.
Injuries and damage potentially caused by dogs can be covered by pet or household policies. But there is a market for liability products, if not for owners, definitely for canine businesses
Allianz Group achieved the top position as sector leader among all rated insurance companies in the Dow Jones Sustainability Index
The offices of insurtech firm Brolly were broken into, and £15,000 of computers, tablets and phones were stolen.
Getting a nasty surprise when the bill arrives is a feeling many of us have experienced. Some insured losses are no different.
Co-op’s insurance arm made an operating loss of £14m in the first half of 2018, which it says was largely due to weather claims.
The 300-year-old Lloyd's market is changing, says Lee Elliston, claims director, Lloyd's Market Association. The Target Operating Model has seen Lloyd's focus on boosting efficiency and bringing business benefits to market participants. Now the LMA is…
GRP has acquired Lloyd’s coverholder U-Sure Insurance Services for an undisclosed sum.
The Hanover has sold Chaucer to China Re for a total price of $950m (£726m).
As business insurance is increasingly sold online, Peter Blanc, group CEO of Aston Lark, warns against insufficient cover and lack of advice.
Carlyle Group has bought claims firm Sedgwick for $6.7m, the company announced, confirming earlier reports.
Exclusive: Fadata has replaced its CEO amid a planned turnaround for the struggling policy administration firm.
Charles Taylor saw H1 pre-tax profits fall 95% on the back of one-off restructuring costs.
Insurers will not be required to pass on savings from whiplash reform to customers, but they will have to report what those savings are.
Claims firm Sedgwick could be snapped up by private equity group Carlyle for $6bn, it was reported.
The Financial Conduct Authority’s consultation into claims management companies has a gaping hole, warns Kurt Rowe, associate at Weightmans, explaining why it matters for insurers.
Exclusive: The losses surrounding the Primark storefront fire in Belfast could be “double or triple” the initial estimates of £30m, sources involved in the claim said.