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Why Fac modelling is a no-brainer

We all know that the facultative market is adopting new technology in leaps and bounds but what of the detail? Let Emma Craddock fill you in on the latest thinking

The past few years have been an exciting period for the facultative reinsurance market and we have seen a significant change in the market's perception. The traditional view of it being a market for

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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