Insurer
Capita bid of £412m recommended by Xchanging board
The board of Xchanging has recommended that shareholders accept a £412m bid for the company that has been lodged by Capita.
Legal Update: Time is money
Under the new Enterprise Bill, insurers could be hit hard if they don’t pay claims in time
Editor's comment: An opportunity to build trust
A lack of relationship with customers in the insurance market is often blamed on annual touch points, insurance being a grudge purchase and policyholders looking for the cheapest price they can get.
MP launches new Bill for psychiatric harm fairness
A new Private Members' Bill published this week calls for greater fairness for bereaved people and victims of psychiatric harm.
Serious injury guide potential precursor for future claimant and defendant engagement
The Association of Personal Injury Lawyers is hopeful partnering with insurers on its serious injury guide will pave the way for future positive collaboration between the historically opposing claimant and defendant sides of the industry.
RSA launches fleet app for SMEs
RSA has launched a smartphone app for SMEs with fleets of up to 15 vehicles aimed at helping them reduce their operating costs and to promote safer driving.
Cycle of hurt to continue for motor insurers despite raised rates
The cyclical nature of the UK motor market is set to continue, despite the industry recently witnessing the biggest spike in premiums for the past five years, insurers have been warned.
Aviva questions guidelines calling for 5% uptick in whiplash damages
Aviva has expressed disappointment at the Judicial College’s decision to advise in its 2015 guidance that the damages for lower value whiplash claims should rise by at least 5%.
Adaption and innovation key themes from Ferma 2015
Insurers and brokers must be more agile to keep up with the emerging risks facing their clients, such as the sharing economy, according to commentators at the Federation of European Risk Management Associations Forum 2015.
Insurers dispute criticism of pre-med offers as driver of whiplash claims
Insurers have dismissed accusations that pre-medical offers are the main driver of erroneous whiplash claims and have instead criticised low quality medical reports while pointing the finger of blame at the claims management sector.
Consumer confusion mooted as potential outcome of add-ons ban
The incoming ban on the sale of opt-out add-on insurance policies could spark consumer confusion and ultimately lead to a smaller scale “PPI-style scandal”, according to industry observers.
NCI strikes pet insurance partnership with Aviva amid growth plans
Aviva has entered into an agreement with NCI Group to underwrite its pet insurance policies.
Richard Mangion joins HDI Gerling in UK role
Industrial insurance company HDI Gerling has appointed Richard Mangion as UK director of finance and operations.
QBE names Roger Ball motor director
Business insurer QBE has appointed Roger Ball as director of motor, effective 1 January 2016.
Legal update: Beware the IPT trap
The November IPT hike might push businesses toward underinsurance, fears Helen Devery
Cycling: Pedal power
Cycling among the UK population is more popular than ever. How can the insurance industry tap into the potential need for theft and accident cover?
In Series: Liability and Collaboration: More than a tick box exercise
Proper ID checks can help tackle liability fraud, says Crif Decision Solutions director, Sara Costantini.
In Series: Liability and Collaboration: Bridging the gap
With panel sizes reducing and the market getting more competitive, how can law firms demonstrate they can work with both the mass market players and niche market specialists?
Courier company owner given suspended jail sentence
The owner of two West Midlands-based courier companies who forged multiple motor fleet and freight liability insurance policies to win business worth more than £700,000 has been sentenced to 16 months in prison, which was suspended for two years.
Interview: Duncan Finch: More than a general ambition
Insurance giant Legal & General is on a mission to grow its general insurance offering in the UK. Post spoke to Duncan Finch, the man tasked with making that happen
Relocation and motor claims expected as St Albans sinkhole is filled
Work on repairing a sinkhole in St Albans that left more than 50 properties without water, electricity or gas has taken place at an estimated cost of £100,000 so far.
FCA ‘would consider' insurance issues in financial advice consultation
The Financial Conduct Authority has told Post that it would consider expanding a consultation on improving financial advice for consumers to include insurance issues if they are brought up during discussions.
C-suite - Insurer: A change in perception
Businesses feel their risk profiles are increasing – so how are they adapting?