Regulation

LMA's Lee Elliston on taking action on delegated 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…

Farm safety: Fatal farms

Farming is the most lethal of all industries. The sector and its main insurer are trying to change rules and mentalities to make it safer

Q&A: David Bonehill, Ecclesiastical

Ecclesiastical claims director David Bonehill was awarded the Achievement Award at the eighth Post Claims Awards. As technology is transforming claims, he predicts tech giants will enter the market, probably in the motor or home arena.

Credit hire roundtable: necessary evil or essential service?

The insurance industry’s perpetually uneasy relationship with credit hire has often flared up into hostility. Judging by the tone of the exchanges at a recent roundtable, the current mood is much calmer, with a greater willingness to explore ways of…

This week in Post: One every minute

For those of us back in the office while the holiday season continues it might seem like time is moving slowly but the Association of British Insurers revealed this week that for every minute we count down until silly season is over and the out of office…

Regulation of CMCs to cost £16.8m

The cost of regulating claims management companies could be £16.8m with the bill falling on the firms themselves, according to the Financial Conduct Authority.

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