Solicitors and their professional indemnity insurers are in effect underwriting the legitimacy of property transactions on a strict liability basis, following a recent court decision analysed by Phil Murrin, partner at DAC Beachcroft.
The former director of a firm used in the past by Ageas and ERS to investigate fraudulent claims, has himself been jailed for fraud.
The Financial Conduct Authority has issued a warning over a clone broker.
KPMG has been handed with a £4.5m fine as a result of its audit of controversial insurance services firm Quindell.
Cyber cover is entering personal lines and offering protection against online bullying. But is it really a place for insurers?
The proposed Civil Liability Bill is set to introduce sweeping changes to the way soft tissue injury claims are paid out in England and Wales. In Scotland though, it would seem as though the effect of the whiplash reforms south of the border could…
The Post team is feeling proud this week, having not just reached our fundraising target of £500 for our charity run through mud but having exceeded it well before deadline date. Thanks to all that have supported us so far.
The Insurance Fraud Enforcement Department has launched a ‘crackdown’ of opportunistic fraud within personal injury and property claims.
The Insurance Fraud Bureau has apointed Aviva’s managing director of UK General Insurance replacing former Axa UK CEO Amanda Blanc.
Anti-fraud network No Office Walls has become an associated member of the Association of British Insurers and has on boarded seven large UK insurers and brokers to the platform.
Crime numbers that show a decline in insurance fraud are not likely to be representative, the Insurance Fraud Bureau has warned.
Watchstone made an underlying Ebitda loss of £3.6m in 2017, compared to a loss of £4.9m in the previous year.
Insurers and lawyers trying to automate claims through artificial intelligence must be careful not to violate ethical boundaries, explains Andrew Dunkley, head of analytics at BLM, pointing to the Cambridge Analytica scandal as a warning sign.
Discount rate and whiplash reforms are going through parliament. Will the outcome be beneficial to all?
The trial of former Das CEO Paul Asplin continued today (18 April) at Southwark Crown Court.
Ex-DAS CEO Paul Asplin is alleged to have dishonestly failed to inform the insurer that he owned one third of CW Law and Med Report Limited during his service at the company, Southwark Crown Court heard today.
This week we unveiled the long-awaited shortlist for the British Insurance Awards.
A ghost broker who used victims’ details to make £321,000 of false car insurance claims has been jailed.
Government has given the go-ahead on new rules that will help clamp down on bogus holiday sickness claims.
The largest of the British Channel Islands, Jersey is located 100 miles from the south of England and 14 miles off the French coast. Covering 45 square miles, the island offers one of the world’s major international finance centres. For the island's…
The whiplash reform and discount rate change can be positive for customers, but Rob Townend, managing director at Aviva UK general insurance, warns the challenge for the industry will be to demonstrate these measures have indeed benefitted policyholders.
Ashton West OBE is to retire as CEO and executive director of the Motor Insurers’ Bureau, being replaced by former QBE group chief claims officer Dominic Clayden.
Exclusive: 'Out-of-salary behaviour' and irregular work patterns have been identified as tell-tale factors for insurers to look out for in their efforts to identify potential theft of confidential data.
“We have no doubt that we have missed some Fords and included some Tinchers. But who ends up a Ford and who ends up a Tincher is not pre-determined.”