Insurer
Household insurance roundtable: Providing clarity over questions
The Consumer Insurance (Disclosure and Representations) Act will bring fresh rigour to household insurance underwriting. Post gathered a group of experts to debate what the incoming legislation means for the market.
Your say: Promoting active engagement
The insurance industry needs to wise up to the power of the brand, says Hannah Squirrell.
Your say: Flood clarity is a priority
Aidan Kerr answers accusations that the ABI is failing to "nail its colours to the mast" over a replacement for the Statement of Principles.
View from the top: Customers in control
The advent of social media is challenging the way the industry does business, says Steve Treloar.
Claims Event: Insurance industry instructed to see recession as the 'norm'
The insurance industry has been told to accept the global financial crisis as the "new normal" and embrace social media by working closely with third parties.
Claims Event: Loss adjusters claim logistics hinder further collaboration in surge events
Three loss adjuster chief executives have jointly defended any lack of collaboration on surge events compared with other sections of the insurance industry on claims issues.
Legal experts call for transparency following revised Simmons judgment
Legal experts are calling for more clarity in the implementation of government reforms, stating that "lessons must be learnt" following the Court of Appeal's revised judgment in the Simmons v Castle case.
Market moves: Busy week sees major hires at Travelers and Giles
In a busy week of recruitment for insurers and brokers, certain firms strengthened their reputations as companies with a real appetite for employment.
Fitzmaurice says Hastings will bed down initiatives before potential float
Incoming Hastings Insurance Group chief executive Gary Hoffman has said his experience leading financial services companies such as Barclaycard, Northern Rock and the start-up NBNK will bring a "broader perspective" to the intermediary business as the…
Claims Event: Ecclesiastical calls for metal theft action
Ecclesiastical's technical claims consultant has called for insurers and the Association of British Insurers, as well as clients and government, to step up their collective efforts in tackling metal theft.
Claims Event: ABI admits final riot claims may end up in court
The Association of British Insurers has confirmed that it is embroiled in meetings with police in a bid to conclude outstanding riot claims, and conceded that some cases may end up in court.
Claims Event: OFT director deems GTA an inadequate solution
The general terms of agreement between insurers and credit hire organisations "is not an adequate solution to the problem" of motor market "dysfunctionality", according to a director at the Office of Fair Trading.
Disease claims: Cure or curse?
Will Lord Justice Jackson's cost reforms, set to be implemented in less than six months, have a positive or negative impact on the disease claims market?
DLG enlarges initial share offering
Direct Line Group parent Royal Bank of Scotland is to expand its initial public offering of ordinary shares.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Top five Asian news stories
The top five Asian news stories from www.insuranceinsight.com over the past seven days.
Post magazine - 18 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Institutional investors testing the waters as Direct Line Group floats
Some institutional investors are taking a 'suck it and see' approach to the Direct Line Group float, assessing how issues facing the motor insurance sector affect the firm's share price before taking a slice for themselves, according to analysts.
Contractors resigned to losing payments following Merlin collapse
Contractors owed thousands of pounds by Merlin have approved voluntary liquidation of the loss adjuster, despite being pessimistic at the prospect of recovering payments.
Insurers welcome landmark victory in pursuit of contempt of court charges
Insurers are expected to pursue contempt of court charges with renewed enthusiasm in fraud cases after a judge's decision to strike out an entire third-party claim, declaring that a woman's exaggeration of her injuries represented an abuse of process.
Solicitors PI market: What now for solicitor PI?
The much-maligned Assigned Risk Pool may be set to close in September 2013, but the solicitors’ professional indemnity market still faces issues as 'aggressive' new entrants target the market. What does its future hold?
Editor's comment: In the line of fire and flood
Industry reaction to surge events is never far from the debating arena when it comes to learning lessons from catastrophic floods or fires, and loss adjusters frequently find themselves in the line of fire.
Apil president slams last minute addition to ERR bill
Association of Personal Injury Lawyers president Karl Tonks has accused the government of playing "fast and loose" with people's safety, following an 11th hour addition to the Enterprise and Regulatory Reform Bill.
Lloyd's gains from best first half in five years
Lloyd's has recorded its best first-half results for five years, according to figures from Aon Benfield, reporting a pre-tax profit of £1.5bn for the first six months of 2012.