Legal
Underwriting Service Awards 2017: Winners
The leading lights of underwriting gathered last night at Post’s annual Underwriting Service Awards. The winners are below:
Analysis: NIHL: Make some noise
The fixed-cost regime proposed for noise-induced hearing loss claims is like music to insurers’ ears, although it comes way after the hubbub
Blog: Responsible robots?
Automated processes are feted to be the future of claims handling, but taking the process out of human hands is far from straightforward, as Ed Lewis, partner at Weightmans, explains.
Video: How the economy influences insurance claims
BLM partners Jennette Newman and Julian Smart explain how macroeconomic trends can be analysed to predict insurance claims.
Profile: Jon Turner, Pen Underwriting
After spending the past year hiving up a dozen entities under the Pen Underwriting roof, CEO Jon Turner talks to Will Kirkman about the managing general agent’s drive to be a ‘virtual insurer’ with the firepower to invest in data analytics and new…
Spotlight: Drones: Taking flight
Fast food and parcel deliveries by drones seemed a fantasy just a couple of years ago but it is now close to reality. Wherever you look, they are in the air. They are being flown by leisure users, the French police, UK lifeboats, Indian railways, oil rig…
International: Trade credit demand is up
European political instability and financial regulations are pushing demand for trade credit cover, especially from banks that are keen on optimising their capital.
Legal: Driverless cars, shifting liability
Kennedys partner Rachel Moore analyses the liability shift autonomous vehicles are operating in motor insurance.
Brightside's Mark Cliff on the impact of the discount rate for brokers
Insurers have been vocal about their feelings about the discount rate but Mark Cliff, executive chairman at Brightside Group, notes this has also affected brokers, who have been at the sharp end of market turmoil.
Analysis: Councils: Local challenges
Local government insurance has to deal with emerging risks. How is it adapting as competition increases?
Claims Club Blog: Cooperation can overcome conflict
There has been a long history of conflict between insurers and claimant lawyers. Shirley Woolham, chief operating officer at Minster Law, urges mutual understanding and cooperation.
Foil's Nigel Teasdale on engaging with Europe after Brexit
The UK's Brexit Withdrawal Bill is making its way through parliament but Nigel Teasdale, president of the Forum of Insurance Lawyers and partner at DWF, believes this will make interactions with the European Union even more important for the insurance…
Analysis: Intellectual property: Creative cover
The significance of intellectual property risks has not translated into a large demand for IP insurance policies - yet
Legal Update: Child abuse claims expected to rise in Scotland
The limitation for childhood abuse will be lifted next month in Scotland, writes Graeme Watson, partner at Clyde & Co, urging insurers to brace for a surge of claims.
Blog: Don't turn your back on fraud-busting tech
Fraudsters never rest and Lior Koskas, managing director of Digilog UK, urges the industry to remain open to sharing in the latest risk identification tools and continually review procedures for fraud.
International: Battling cyber crime in ports and at sea
Susanna Marsden, claims executive at the TT Club, looks at the causes of cyber crime, risks to ports and ships, as well as the practical issues affecting insurers and brokers.
Analysis: D&O and the rise in securities class actions
Securities class actions are on the increase as law firms target smaller companies and focus on litigation related to initial public offerings
Watchstone CEO Mukerjee: 'There is no yard sale'
Indro Mukerjee, the outgoing CEO of Watchstone has admitted that while it might have been more “romantic” or “Hollywood” to have grown the business by acquisitions during his two year tenure, it would not have benefited shareholders long term.
Law firms warned over handling of holiday sickness claims
Solicitors have been slapped with a warning over the handling of holiday sickness claims following evidence of rising fraud.
JLT's Nigel Todd on whether liability limits are a liability
Commercial and residential landlords are facing increaded risks from a more litigious society and Nigel Todd, head of real estate at JLT Specialty, questions whether liability limits being purchased are sufficient for the increased exposures.
Legal Column: Grenfell and the burning urgency for better regulations
Fire regulations are coming under scrutiny after the Grenfell disaster, says Vikki Watt, health & safety partner at BTO.
Allianz employees given suspended sentences for leaking customer data to CMCs
Five people, including three Allianz employees who made £7000 from leaking more than 700 pieces of confidential data, have been sentenced for bribery offences.
Analysis: Insurers want PI to be left out of the European services e-card
The European Commission wants to create a professional indemnity certificate for cross-border activities but insurers and brokers find the proposal unworkable.
Analysis: Aviation insurers prove adaptable
Insurers are adapting to aviation's latest trends, despite low premiums.