Insurer
In Series - Fraud: Taking the right path
Nick Wood and Angela Gibson examine the two legal options available to insurers in fraud cases — criminal or civil action.
Tawa prioritises run-off after diversification
Tawa will continue to invest the majority of its funds in run-off portfolios, despite its recent decision to diversify.
Regional Report - Dublin: Dublin up
Ireland has been bailed out by the International Monetary Fund, insolvencies and unemployment are up, insurers premium incomes down and rates show no sign of real hardening. But, when Stephanie Denton visited Dublin she found the market surprisingly…
Postbox: the easy touch environment
We now have another report that tells us what is wrong with our industry. Embargoed until 11 March, the Transport Select Committee's report made the headlines with breakfast television blaming referral fees for the rises in premiums; later, radio put the…
Industry applauds government green light on legal cost reform
The insurance industry has overwhelmingly backed the government's decision to end the recoverability of success fees in no win, no fee cases.
In Series - Fraud: Two sides to every story
Taking fraudsters to court can be a risky business for insurers, as if they lose the negative publicity can be overwhelming. Rachel Gordon looks at encouraging signs that the industry is fighting back.
Postbox: rate access is a reality
I was interested to read Phil Bunker's View from the Top in which he, quite rightly, challenged broker software houses to work more like the direct market and aggregators and enable insurer rate changes to be effected in a more frequent and efficient…
Post history - 15 years ago: Guidance over 'mad cow disease'
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 15 years ago reveals.
Stewart exits CII in favour of Blanc team
Axa commercial chief executive Amanda Blanc has appointed the Chartered Insurance Institute's corporate development leader Alasdair Stewart to the position of commercial director.
Comment - commercial insurance: Trouble brewing
In the wake of a damning report on the commercial lines insurance market, Roger Flaxman enters the debate and examines the clash between insurers' principle of utmost good faith and their fiduciary duty to shareholders.
False invoice leads to 'moral hazard' accusation by insurers
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law Commission rejects fraud law appeal
The Law Commission has rejected insurance industry proposals to review the law so people who commit third-party insurance fraud lose the right to recover genuine claims, after it was not deemed to have "sufficient support" by the Ministry of Justice.
Hiscox sets sights on £100m untapped emerging PI premium
Hiscox is on the lookout for opportunities to build its book by targeting untapped emerging professional indemnity risks in the SME space that it believes could be worth up to £100m.
View From The Top: Delivering SME excellence
In the short time since I became SME director at RSA, small to medium-sized businesses have seen some dramatic changes.
Lloyd’s set to continue fight for CER relief post-Solvency II
Lloyd's has vowed to fight for tax relief on claims equalisation reserves to be retained beyond the implementation of Solvency II, after its premise was challenged in the Budget.
Co-op and Axa enter RSA repair cost fray
Co-operative Insurance and Axa have followed Provident Insurance in disputing subrogated motor repair costs with RSA, Post has learnt.
Penny Black's Insurance Week - 31 March 2010
You can say what you like about them, mused Penny, but insurance people know a good corporate jolly when they see one.
Editor's Comment: Fairy godmothers and streets paved with gold?
Unfamiliar with the taste of success when it comes to lobbying for reform in the personal injury arena, insurers across the UK may still be waiting for the ‘Bobby Ewing in the shower’ moment.
Interview - Tom Cooper & Matt Munro: Spirit of Enterprise
Matt Munro and Tom Cooper appear to have theMidas touch, with start up Igo4 smashing its five-year plan. Jonathan Swift asks where they go from here.
PwC: Bribery Act latest “good news”
PwC has stressed the final guidance on the Bribery Act, released today, and acceptance of the need for a “proportionate and risk-based approach” to the issue, is good news for financial services companies.
Post magazine – 31 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
ABI disappointed with FOS decision
The Association of British Insurers has said it is “disappointed” at the Financial Ombudsman Service’s decision to increase its levy on firms.
Arista turns profit following 2009 loss
Underwriting specialist Arista has turned a profit of £683 000 for 2010 after recovering from a 2009 loss of £942 000.
Insurers urged to “take stock” of Supreme Court immunity ruling
Law firm Beachcroft has warned the insurance industry review its policy cover for expert witnesses following a Supreme Court ruling abolishing their general immunity.