United Kingdom (UK)
Watchstone files defence in £637m S&G fraud lawsuit
Watchstone has filed its defence in the £637m lawsuit launched by Slater & Gordon in June.
Lloyd’s writes $738m cheque to cover Harvey, Irma and Maria
Lloyd’s of London has paid $738m for Harvey, Irma and Maria claims.
Axa's Brendan McCafferty on AI and staff
Artificial intelligence is raising concerns among insurance staff but Brendan McCafferty, CEO of Axa Insurance, believes it opens up a range of possibilities.
'Foolish' insurance cheat caught out after TV bungee jump
A reality TV show contestant has been handed a 10-month custodial sentence suspended for two years after a bungee jump on national TV scuppered her fraudulent personal injury claim.
This week in Post: storm warning
Almost 30 years ago to the day, I had my first introduction to the power of Mother Nature and the world of insurance as the 'Great Storm' of October 1987 swept across the UK.
Eight men sentenced after CCTV footage exposes crash for cash
Eight men have been sentence for staging a bus crash and faking injuries after CCTV footage showed the alleged accident to be orchestrated.
Insurers gear up for Hurricane Ophelia on anniversary of 1987 Great Storm
A major hurricane is expected to batter the UK next week, as the insurance industry marks 30 years since one of the most devastating storms to ever the country.
Government launches holiday sickness claims consultation
The government has published a call for evidence on measures that could help curb the number of personal injury claims arising from package holidays.
Blog: Breaking the renewal cycle with subscription-based insurance
Nigel Phillips, commercial director at CDL, lists the advantages of insurance customers going monthly.
Lemonade develops API to sell insurance via online retailers
US insurtech firm Lemonade has developed its own application programme interface which will allow web developers to offer the firm’s policies via their own websites.
Brokerbility survey sees Allianz ranking highest for overall satisfaction
The latest satisfaction survey from Brokerbility has revealed the insurers that ranked highest for their claims, underwriting and accounts processes between April and September 2017.
Allianz's Jeremy Trott appointed chair of claims faculty board at the CII
The Chartered Insurance Institute has appointed Allianz head of claims operations, Jeremy Trott, as the chair of its claims faculty board.
Hammond admits post-Brexit loss of passporting could ‘create legal uncertainties’
The UK government has admitted it is aware of the legal challenges posed by a potential loss of passporting rights.
Barbican makes two senior promotions
Barbican has promoted David Booth to director of underwriting of Barbican Managing Agency and Andy Caldwell to active underwriter.
Marsh's Joe Grogan on catering for the mid-market
Joe Grogan, CEO of corporate division at Marsh, says the insurance offering for mid-market firms is too disjointed and complex.
International: Escape to Canada
The Canadian market offers unique opportunities for UK brokers, explains Servca's managing director Nomaan Jamal.
Hiscox predicts ‘market turn’ following record catastrophe losses
Hiscox will increase its capacity by £450m next year in anticipation of a “widespread market turn”.
US rideshare insurtech looks to expand globally
Munich Re’s Digital Partners has entered a strategic partnership with Inshur, to develop and distribute commercial auto insurance products through a mobile technology platform.
Sharing economy lays liability minefield, warns Marsh
Companies in the sharing economy sector are more exposed than others to the risks associated with an evolving employee base and the emergence of digital technologies, according to a report by Marsh.
Commercial Legal adopts 'lie detector'-type technology in claims process
Commercial Legal, part of the One Call Group has adopted lie detector technology within its claims operation.
Octo buys telematics assets of Willis
Octo Telematics will acquire the usage-based insurance assets of Willis Towers Watson, including its Drive Ability solution.
Four out of 10 brokers ‘unaware of GDPR’
Four out of 10 brokers are unaware of incoming data protection laws that could potentially shave millions from profits, a survey found.
Industry needs to educate public on 'big ticket' Ogden decision, City Minister warns
Industry needs to join government in educating the public on the change to the Ogden discount rate, City Minister Stephen Barclay MP said.
Hiscox appoints Kate Markham as CEO of London Market business
Hiscox has appointed Kate Markham to its newly created role of CEO of its London Market business.