Legal
Sticking to the rules is key to OIC success
Shirley Woolham, CEO of Minster Law, reflects on what the legal and insurance profession needs to do to ensure the Official Injury Claims portal delivers for claimants.
Bloomberg forecasts fines will cause surge in cyber cover demand
Demand for cyber insurance is set to grow amid a spate of high-profile attacks and fines for accidental leaks, according to a market report from Bloomberg Intelligence.
Diary of an Insurer: MS Amlin's Kate Bandhu
Kate Bandhu, head of casualty claims at MS Amlin, stays connected with accounts, looks to expand the use of robots to new areas, and finds the best interactions are face-to-face.
Government to consult on leasehold commission ban
In a written statement published yesterday, the Minister of State for Housing, Communities and Local Government has said the government “will go out to consultation very shortly on the detail of the Act’s ban on buildings insurance remuneration”.
Lord Chancellor criticised after ‘convoluted’ whiplash tariff increase
The Lord Chancellor and Secretary of State for Justice, Shabana Mahmood has today announced that she will increase the whiplash tariff by 15%.
Tinnitus claim dismissed due to dishonest medical expert
DWF and Markerstudy have successfully fought off a claim for tinnitus and psychological injuries following dishonest evidence given by the claimant’s ENT expert.
Curtain falls on fake photo fraudster
Clyde & Co and Direct Line have successfully fought off a motor insurance claim that used fraudulent photographic evidence.
Value concerns moving personal injury claims out of OIC portal
More claims are moving from the Official Injury Claim portal to the Ministry of Justice portal due to valuation concerns, according to Verisk Claims.
Greenwashing risks and the path to real progress
As the 2024 United Nations Climate Change Conference, also known as COP29, begins Damisola Sulaiman explores the unique greenwashing risks the insurance industry faces, how those risks can be mitigated and the challenges faced in proving sustainability…
One in three young drivers scammed by ghost brokers
An Aviva survey of 2000 drivers aged 17-25 found nearly one in three young motorists have purchased car insurance from a ghost broker on social media.
My neighbours' bonfire night party is causing a nuisance - What can I do?
In this blog, Aditi Kanojia, paralegal at DAS Law sheds light on the laws surrounding private firework displays and Bonfire Night celebrations to ensure a safe and enjoyable experience for all.
Aviva’s travel tool; Questgates acquires firm; Aon’s space leader
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Our broken tribunal system isn’t fit for day-one employment rights
The Employment Rights Bill that has just been introduced is a landmark piece of legislation that sits at the heart of the new government’s agenda.
Employment tribunal backlog getting worse, HMCTS data show
The significant problems in the employment tribunal system are getting worse, according to analysis of the latest tribunal figures released by His Majesty’s Courts and Tribunal Service.
Ensuring essential insurance satisfies the consumer
After the Financial Ombudsman Service stated it expected to receive an uptick in complaints from consumers who opted for cheaper car premiums without realising the impact this would have on the level of cover, Tom Luckham examines how the differences…
FCA uncovers extent of sexual harassment in insurance
The Financial Conduct Authority has found that London market intermediaries had the highest relative proportion of reported incidents of sexual harassment compared with other surveyed sectors.
Verisk London 2024: Evolving fraud trends
In the third in a series of videos recorded at the Verisk Insurance Conference in London, Insurance Post editor Emma Ann Hughes met with industry experts to discuss fraud trends.
Spotlight: UK businesses brace for evolving claims risks
The risks facing UK businesses are constantly evolving, and trends in claims follow in their wake. It’s not just a rise in extreme weather events that is contributing to the claims tally for UK businesses.
Spotlight: Why insurance can't afford to ignore RegTech
Within the insurance industry, regulatory pressures are intensifying, operational costs are soaring, and the ever-present threat of compliance violations could destabilise entire businesses.
How ARAG Advance helps firms balance their books
The longer it takes to resolve a civil justice case, the longer law firms have to shoulder the burden of funding disbursement costs.
Diary of an Insurer: Markel’s Chris O’Shea
Chris O’Shea, managing director of claims international at Markel, looks to expand the wholesale and international claims function, unpicks a high-profile equine claim, and gets Dad duties done.
Insurers moving to limit exposure to neuro sports injury litigation
Impending litigation over neurodegenerative conditions suffered by rugby and football players are presenting challenges for the insurance industry to stay on top of.
The cost of birth trauma
According to the most recent annual report from NHS Resolution, total clinical negligence payments relating to maternity failings amounted to £2.8 billion.
Top 100 UK Insurers 2024: Allianz
Allianz has made significant strides to increase the brand’s presence in the UK and remains in the Top 10 of Insurance Post’s Top 100 UK Insurers List.