Insurer
Ecclesiastical stops NZ quake cover
Ecclesiastical is to cease writing earthquake cover in New Zealand following the devastating series of earthquakes in Christchurch which contributed to the insurer’s biggest ever losses.
Homeserve expects 3% customer rise
Homeserve said it expected half year profits to be better than last year, and in line with expectations, claiming it had more than five million customers and 11.7 million policies.
Neave rebuts IFB ‘revolving door’ claims
Insurance Fraud Bureau chairman David Neave insists there is no “revolving door” problem at the industry anti-fraud co-ordinator, after Glen Marr announced he was stepping down from the director role after just over a year.
Penny Black's insurance week
Penny was very close to whipping out her cheque book at the sight of the all the diamond jewellery up for auction at Sterling Insurance’s open day.
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Insurer
Judges applauded QBE’s initiative as “behaviour-changing stuff that makes a detailed case for rehabilitation at all levels”.
Your say: The real postcode lottery
Jack Straw’s Bill has not been particularly well thought out, specifically the point relating to postcode rating. In my view there are two very good reasons why this part of the bill should be changed.
Editor's comment: Out of our hands?
With the bullish comments made by even the most cat-exposed insurers still echoing in our ears, declaring the global insurance market resilient in the face of one of the costliest years ever, the storm clouds are now gathering on multiple fronts from…
Internal fraud fight aided by recruitment changes
Technological advances and improved recruitment screening over the past three years have helped insurers tighten their grip on internal fraud, according to experts from two major insurers.
Market moves: Getting ready for the fourth quarter
Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…
Loss adjusters criticised by brokers for cost-cutting measures
Brokers have hit out at loss adjusters for desktopping claims and using inexperienced staff to cut costs.
Fraud: Advanced detection techniques responsible for recent fraud crackdown
Fraud investigators at major UK insurers have attributed the unprecedented number of high-profile fraudsters hauled before the courts over the past month to a more advanced industry-wide detection process.
Bruce joins UK General in bid to boost growth of commercial lines
UK General has appointed Cathie Bruce to the newly created position of commercial managing director, hoping the new high-profile role will help mimic the success of Rural Insurance.
News analysis: Insurance industry feels the shockwaves of the economic meltdown
It has been hard to escape the doom and gloom of the volatile stock market and wider economic woes over the past week.
Looking back - 1991: Hitting the hot hatches
On 26 September 1991, Post reported a tale familiar to today’s law-abiding general public: soaring motor insurance premiums. Current year-on-year rises cited are in the region of 30% to 40%, but the figures from 20 years ago suggested hikes of up to 74%…
Law firm mergers: Transforming the legal landscape
Insurer demands for scale and scope plus the emergence of Alternative Business Structures are fuelling the fires of law firm consolidation.
Rehabilitation First Awards 2011
Guests were welcomed to the Rehabilitation First Awards 2011 in the stylish surroundings of Le Meridien Piccadilly’s Oak Room by chair of the judging panel and editor of Post Lynn Rouse, who called on the industry to capitalise on the opportunity to…
Rehabilitation First Awards 2011: Case Manager of the Year
Five individuals were shortlisted for this award, having impressed the judges with their commitment to clients, innovative ways of working and persuasive case studies but Cath Townley inspired them the most.
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Provider
Amid a strong and diverse shortlist, one entry stood out due to the combined and pioneering efforts in delivering pre-claim early intervention for individuals with mental health problems.
Rehabilitation First Awards 2011: Outstanding Individual Achievement
Judges were simply overwhelmed by the number, range and content of the testimonials put forward in support of Carole Chantler as this year’s recipient of the Outstanding Individual Achievement award.
Online this week
The top ten stories from www.postonline.co.uk
Online commercial - Driving business online
Take-up of online commercial products remains less than impressive but where does the blame for suppressed demand lie?
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Claimant Solicitor
For this category, judges were looking for evidence of dedication to maximising injured client recovery, measurable results, how specific obstacles were overcome and evidence of collaborative working with defendant insurers. Irwin Mitchell’s entry stood…
Rehabilitation First Awards 2011: Young Achiever of the Year
With the judges looking for high-flying individuals under 30 who are exceeding their employer’s expectations, championing rehabilitation in the wider market and setting themselves out as the industry’s stars of tomorrow, four strong candidates emerged…
View from the top: Time for action
Insurers must fight to protect their fundamental purpose faced with the threat of external interventions, says Barry Smith, CEO, Ageas UK.