Insurer
Fraudster ordered to pay costs after phantom trip
A Wembley man has been found guilty of trying to defraud the London Borough of Brent after trying to claim damages for a fictitious injury.
Digital strategy key for Co-op after 'transition' year
The 2014 financial year was “a transition year” for The Co-operative’s general insurance business as it took action to improve its loss ratio, according to chief financial officer Kieran O’Keefe.
Next government urged to take long-term approach by industry
Industry figures have implored the next government to take a long term approach to issues affecting insurance and to resist the temptation to unpick reforms that are starting to have a positive impact.
MIB to take action as decline in uninsured drivers slows
Insurers have conceded they are largely powerless to prevent an uptick in uninsured drivers after the Motor Insurers' Bureau reported the number of motorists without insurance had “plateaued out” after a decade of steep decline.
Moore Stephens and Chantrey Vellacot to merge
Consultancy Moore Stephens is to merge with mid-tier accountants Chantrey Vellacot, the firms have announced.
Insurance fraudster given suspended sentence
A Liverpool man who manipulated an insurer's website to get £10,000 worth of car insurance for £10 has been sentenced.
Blog: Homing in on home improvements
Insuring the building of extensions and other significant changes to properties may not be as sexy as choosing the decor, but it's certainly as necessary, says Ageas's Craig Allen
Quiz of the week - 10 April
Test your knowledge of this week's news with our just for fun quiz.
Brit syndicate bolsters position at Lloyd's as QBE slips down GWP list
The axing of unprofitable business by QBE has seen the insurer’s largest individual Lloyd’s syndicate plummet in terms of its top ten standing by gross written premium, as Brit moves up the rankings.
Pool Re CEO says cyber risk warrants public-private partnership
A public-private partnership in the area of cyber risk should be considered given the potentially systemic nature of the loss, according to Pool Re CEO Julian Enoizi.
Motor to be overtaken by home insurance growth at Hastings
Hastings CEO Gary Hoffman has targeted growth in the company's home insurance book after reporting "more than satisfactory" results for 2014.
Injury claim judged to be 'fundamentally dishonest'
A judge has found a woman's injury claim against her employer to be fundamentally dishonest.
Ignoring PCI-DSS rules could cost brokers 75% of new business
Research from call management specialists Callstream has shown that brokers failing to comply with Payment Card Industry-Data Security Standard regulations are seriously at risk of losing business as a result.
Pre-tax profit and GWP up in ‘strong' year for Hastings
Hastings has reported increases in net revenue, profit before tax and gross written premiums for 2014.
Co-op reports insurance loss for 2014
The Co-operative's insurance division struggled in a "difficult market" and posted an operating loss of £7m for 2014, compared to a profit of £36m the previous year.
Insurers must consider impact of EU exit ahead of general election
UK-based insurers who underwrite European business should consider the consequences of the UK exiting or renegotiating its position within the European Union, according to AM Best.
Covéa signs up to the IFR
Covéa Insurance has become the latest insurer to join the Insurance Fraud Register.
Post Blog: Mind the gap - CII Next Gen Claims Group to report on surge response
In football how often do you see a goal scored – especially after a set play - where the goal keeper and defenders look at each other afterwards and exclaim that the scorer was “not their responsibility”?
Tackling 'skills gap' must be priority for next government says CII
The transition from education to employment must be a key focus for the next government, whatever its composition, according to the Chartered Insurance Institute.
Loss adjusters appoint accountants to help with Holborn fire BI claims
Loss adjusters Crawford & Company and Cunningham Lindsey have assigned a number of in-house accountants after being appointed to handle business interruption claims emanating from last week’s electrical fire in central London.
LMA launches first competitive board election for three years
Eight candidates are fighting it out for six positions on the Lloyd’s Market Association’s governing body in what will be LMA’s first competitive election since 2012.
TMK hires former Catlin Syndicate CEO Sinfield for claims role
Tokio Marine Kiln has appointed former Catlin Syndicate CEO Nick Sinfield as its new head of group claims.
Standard Syndicate vows to bring new marine business to Lloyd’s
Standard Syndicate (Syndicate 1884) has commenced underwriting at Lloyd’s with a range of specialist cover targeting shipowners.
C-suite - Insurer: How to talk to customers
The threat to the insurance industry from ‘disruptors’ can be nullified with good communication, says Alasdair Stewart, Axa Commercial Lines and Personal Intermediary.