Insurer
Four crash-for-cash scammers convicted of fraud
Four people involved in a crash-for-cash scam worth nearly £500 000 were found guilty of conspiracy to defraud insurance companies yesterday at the Sheffield Crown Court.
Go west: Asia's investments in Europe
Are Asian investors likely to continue their interest in the European insurance market? Edmund Tirbutt investigates.
Aviva tops lists of most valuable insurance brands
Aviva, RSA and Axa have topped a list of the UK’s top 50 most valuable insurance brands compiled by brand valuation agency Brand Finance.
SME insurance spend to hit £5.66bn by 2017
Total insurance expenditure by small businesses in the UK is expected to rise to £5.66bn by 2017 according to research by Finaccord.
FTI Consulting appoints Chiltington's Marshall
Global business advisory firm FTI Consulting has appointed Ian Marshall as managing director of its UK insurance consultancy practice.
Post magazine 26 September 2013
This week's issue of Post is now available to subscribers.
Tulloch to expect a 'baptism of fire' at Aviva UK
Incoming Aviva UK and Ireland general insurance chief executive Maurice Tulloch has been warned to expect “a very different market environment” from the one he leaves behind in Canada.
ABI calls on government for action on young driver safety
The Association of British Insurers has warned that Government stalling on its promise to improve young driver safety.
PPI investigation uncovers serious complaints handling issues
The Financial Conduct Authority has referred an unnamed firm to its enforcement division following an investigation into payment protection insurance, which found serious problems with complaint handling decisions and communications to customers at the…
Insurers invest in riskier assets amid QE uncertainty
Uncertainty around the quantitative easing introduced by central banks is hurting insurers’ income streams and driving them to invest in riskier assets, according to a Black Rock study.
Sartorel appointed CEO of Allianz Asia-Pacific
George Sartorel, currently CEO of Allianz in Italy, will assume new responsibility as regional CEO for the Asia Pacific region, effective 1 January 2014.
Interview: Jon Dye - The Dye is cast
Jon Dye’s appointment as Allianz UK CEO did not come as a surprise to many, including himself. And while he is not daunted by his new role, he is certainly not complacent about the task ahead.
Top 20 UK insurers
A focus to the top 20 UK insurers
Brand analysis: Market Forces
Despite economic constraints, regulation, boardroom reshuffles and reputational issues – the outlook for insurance brands remains positive.
Fraud: Breaking the habit
From holidaymakers to corporates, exaggerating or fabricating an insurance claim could become common practice – so what can insurers do to combat this culture By Ruth Lawrence
Asta preparing to launch owner managed Lloyd's syndicate
Asta has been granted ‘in principle’ approval by the Lloyd’s Franchise Board for Asta Managing Agency to establish and manage a new owner managed syndicate.
Blog: Robin Spencer, Aviva’s latest GI fall guy
Lasting just 14 months as Aviva general insurance chief executive, Robin Spencer has left the business. Jonathan Swift looks at what went wrong.
M&A surge imminent due to low interest rates and yields
PWC report predicts ‘quiet revolution’ in acquisitions.
Money Supermarket slams rivals’ use of wide ‘most favoured nation’ clauses
Comparison site tells Competition Commission wide MFNs are ‘anti-competitive’.
Insurers rubbish accusation of Claims Portal bias against non-English names
Defendant solicitor says 60% of claims from ethnic names get flagged as fraud.
Editor's comment: Falling out of favour
Insurers received a surprise this week when some of the market’s aggregators agreed with them over an issue that has been gnawing away at them for some time, most favoured nation clauses.
Hill Dickinson Fraud Unit gains access to Met Police data set
The Metropolitan Police Service Amberhill is going to provide Hill Dickinson Fraud Unit with false identity data secured from illegal “identity and counterfeiting factories”.
Legal Update: Fraud: Following Irish fraud law could help UK insurers fight fabricated claims
Sarah Hill looks at the legal issues affecting insurers’ battle against fraud, including the Irish approach to ‘tainted’ claims and the incoming regulation of private investigators
C-Suite: Rewriting the law on fraud
Looking to France may help bring down claim numbers and prevent fraudsters escaping detection, says John O'Roarke.