Insurer
Mobile phone insurance: We've got your number
Mobile phone insurance is a high-frequency claims product but has been criticised by the ombudsman and consumer groups. Ralph Savage reviews the sector to discover if this niche is offering value for money.
Post history - Five years ago: Doctor says the drugs don't work
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
View from the top: The start of the journey
Four weeks into my new role and, after working in RSA's UK commercial business for 11 years, I have returned to my roots in the UK market. In many ways, it feels like I have never been away and yet, in others, it does.
Penny Black's insurance week
If Penny thought that Take That fever had passed following the end of the reformed pop band's UK tour she was very much mistaken.
Fraud - Statistical analysis: Protect yourself
As analysis reveals the shifting depths and demographics of insurance fraud, identity validation and verification must come to the fore, writes Nick Mothershaw.
Douetil praises discipline
Brit Insurance chief executive Dane Douetil this week credited disciplined underwriting as the reason the firm managed to stay in the black.
Fraud - Household: Opportunity knocks
Household fraud is on the rise according to insurers. Callum Brodie attempts to find out why and what the industry can do to prevent it.
Comment - Referral fees: Make your mind up time
As the debate over the future of referral fees rumbles on, it is time for the government to make its decision or risk creating confusion over its civil justice reform programme, writes Kate Lotts.
Crawford axes up to 50 as claim volumes fall
Loss adjuster Crawford & Company is to make as many as 50 people redundant, including managers, after a business review flagged up a fall in household claims.
XL seeks alternative to non-disclosure clause
XL Insurance is in the process of drawing up an alternative to risk management trade body Airmic's model 'non-disclosure clause', in a bid to encourage insurers to sign up to it, Post has learned.
Postbox: Fraud problem underestimated
I am writing to address the comments in the last edition of Post from Simpson Millar partner Emma Costin 'Co-operative attacked over PI claims fraud focus' , who I believe is underestimating the growing issue of false personal injury claims.
Career development & CSR: Groupama manager wins volunteering award
A big-hearted Groupama Healthcare worker has been honoured for her "outstanding" charitable contribution to local communities in Hertfordshire.
Post history - 10 years ago: Bupa battles over name in Kenyan court
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Editor's comment: A disturbing pattern
No sooner have counter fraud managers applauded the industry's backing of an insurer-funded fraud police unit, than their vehicle theft counterparts are bracing themselves for going it alone in trying to tackle another criminal act.
Swiss Re breaks protocol to deny Quinn links as regulators probe claims
The Malta Financial Services Authority and Irish financial regulator, Central Bank of Ireland, are in discussions to establish how stories surfaced that Quinn Insurance founder Sean Quinn was set to return with a new underwriting vehicle, Post has…
Postbox: Adjusters at the mercy of fickle insurers
David Bonehill's letter has clearly provoked a significant response — and rightly so.
News analysis - ABS delay: Still waiting for a change
Last week it was confirmed the Solicitors Regulation Authority would not be approving alternative business structures this year at least. Amy Ellis asks what caused the delay.
Insurers incensed as stolen vehicle unit faces closure
Plans to axe the Metropolitan Police's stolen vehicle unit next year could lead to the insurance industry funding even more police initiatives, it has been warned.
Career development & CSR: LV helps kit out school
Sporty students from a South London school have been bowled over after being presented with cricket and rugby equipment as part of an LV-sponsored giveaway.
Brokers warned of HSE consultation implications
Insurers and brokers need to make clients aware of a new government-backed system for recovering costs from those who break health and safety laws, an industry expert warned this week.
Postbox: Mediation is a viable alternative
The various debates surrounding the future of referral fees and the resulting impact on the costs of insurance — 'TSC re-opens premiums inquiry as referral fee furore escalates' and 'Referral fees a 'red-herring', claims CSC' - overshadow the fact that…
Postbox: Independents can help lessen the load
I agree that there is room for improvement where surge response is needed.
Santander latest bank to set asside PPI fund with Euros 620m hit
Santander today revealed a net profit of Euro 3.501 bn (down 21%), after setting up an extraordinary fund of Euros 620m in the UK to cover potential claims for payment protection insurance sold in the UK.
Post Magazine – 28 July 2011
This week the Post team reports on the confusion over reports in the Irish press that Quinn Insurance founder Sean Quinn has acquired a Malta-based insurance licence and as set to launch new company Q2 in competition with his former business which fell…