Insurer
Blog: A graduate's viewpoint
It's funny - on the face of it I have all the qualifications of a graduate that could have ended up in any industry. However, I find myself in insurance, despite having had the offer to work elsewhere.
FCA launches fresh PPI complaints investigation
The Financial Conduct Authority has announced a new probe into complaints over the sale of payment protection insurance that may see it set a time limit for complaints.
EU Commission approves Flood Re
The European Commission has agreed that Flood Re does not violate rules on state aid by seeking to ensure the availability of low cost flood cover.
Fraudster sentenced after faking burglary to make £30k claim
A fraudster who staged a burglary in order to claim nearly £30,000 on his home insurance has been handed a 10 months suspended sentence and been ordered to do 270 hours of unpaid work.
Australia: Disaster averted?
Australian insurers facing possible requests from the government to help fund mitigation projects say it is not a cost they should bear and that any funding will eventually be paid for by policyholders.
81% want tighter regulation over CMC calls
More than 80% of Britons want telemarketing firms working with claims management companies to face closer regulation and bigger fines, while 63% want unsolicited CMC communications to be made illegal, according to a study from Axa.
Ifed boss DCI Wood makes way for new insurance fraud supremo
DCI Dave Wood has been replaced as the head of the Insurance Fraud Enforcement Department after almost three and a half years in the role.
Car renter trade body recruits Hill Dickinson for counter fraud drive
The British Vehicle Renting and Leasing Association has partnered with Hill Dickinson to tackle fraud in the self-drive hire sector.
Winter storm Juno brings near-record snows to Boston
A blizzard in the Northeast United States almost shattered records for snow in Boston, despite the impact in New York and New Jersey being less than anticipated.
Zurich stands by ex-SSL directors despite £100k debt
An arm of Zurich's investment portfolio is estimated to be owed around £100,000 in rent arrears by defunct loss adjusting business SSL, according to an administrators’ report.
BBC re-appoints Cega as emergency assistance provider
The BBC has re-appointed Cega Group to provide travel risk management and emergency assistance to its staff on a worldwide basis.
Insurers support mooted stress working party amid fears of claims surge
The creation of a working party to co-ordinate and develop management of workplace stress has been backed by insurers, following warnings the industry is in danger of “sleep-walking into an increasing flood of claims”.
Claims handler to use 3D printers to replicate 'irreplaceable' jewellery
High net worth policyholders could be offered identical replacements for valuable lost and stolen jewellery thanks to a new collaboration between claims handler SBS Insurance and jewellery experts at Birmingham City University.
Fundamental dishonesty clause criticised for 'unfairly targeting claimants'
Claimant legal bodies have slammed the non-amendment of the the Criminal Justice and Courts Bill clause
Timetable revealed for Scottish Court Reform
The Lord President, the head of the judiciary in Scotland, has announced the timetable for the implementation of the Courts Reform (Scotland) Act.
Hacking: One step ahead
The problems caused by the question of making company systems more secure from hacking continues to prey on the industry’s mind. But just how can they stop unauthorised people from breaking down their digital doors?
Blog: Insurance - more important than Fruit Pastilles
What happens when you examine the insurance industry like you would a packet of Fruit Pastilles?
Post magazine – 29 January 2015
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Home insurance premiums sliding from stability says ABI
The latest figures from the Association of British Insurers’ premium tracker show that premiums for home insurance have begun to decline after previously showing signs of stability.
IUA airs experience fears over PRA's new insurance lead
The International Underwriting Association has revealed concerns over a lack of insurance experience at the Bank of England after Sam Woods was named executive director of insurance supervision.
Saga buys Bennetts in £26.26m cash deal
Saga is to pay £26.26m in cash to BGL Group to buy specialist broker Bennetts, in a deal that will grow the over-50s insurer's existing motorbike customer base more than ten-fold.
Hong Kong's radical health insurance overhaul
Hong Kong’s health insurers are concerned as the government prepares its Voluntary Health Insurance Scheme writes Nicky Burridge.
Editor's comment: A market under attack
Quarter three of 2014 saw a glimmer of hope for the beleaguered UK motor insurance market, suggesting rates might be on the rise and claims might be falling as the Legal Aid, Sentencing and Punishment of Offenders Act 2012 started to take effect.
XL expands German PI business
XL Group has appointed a new professional indemnity manager for its German business as it looks to expand its team in response to rising demand.