Loss adjusting

LDC set to test market for £70m Davies sale

Private equity house Lloyds Development Capital is understood to be looking to test the market for realising its investment in claims management and loss adjusting firm Davies and may sell if an offer comes to match its price.

Crawford acclaims 18:1 ROI in fraud detection

Crawford & Company is revamping its fraud investigation process in a bid to further improve its detection rate after new figures revealed it is generating a 45% increase in fraud savings for customers compared with 12 months ago.

Penny Black's insurance week

One of Penny's colleagues met up with new Garwyn CEO Stewart McCulloch this week, and by all accounts he seems to be warming quite nicely to his new role in the claims space.

Crawford results show $2.5m net loss

Loss adjuster Crawford & Company has reported consolidated revenues before reimbursements of $238.2m in the second quarter of 2010 compared to $249.7m in the same period of 2009.

Time to go back to basics on claims

How refreshing to see Adrian Brown, RSA UK CEO, openly express the view that insurers should actively seek to identify, recognise and pay claims that could properly fall under employers' liability policies issued, however long ago.

GAB Robins targets insurer claims

Loss adjuster GAB Robins is set to target insurers with a service which provides clients with additional claims handling capacity during busy spells.

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