Property
ABI: UK facing £7m daily burst pipe bill
The Association of British Insurers has warned that the damage caused by burst pipes could cost the UK £7m a day this winter.
Axa: homeowners in flood risk areas are underpaying for insurance by 58%
Household insurance for homes in high flood risk regions is being subsidised by £511 each year, according to Axa. This means that homeowners in affected regions are only paying 42% of the true cost of insurance to protect their homes against flooding.
PCUK staff gain know-how to challenge suppliers
Staff at Property Consortium UK are to benefit from a new training programme that will explain how a building is put together, in order to make them better at handling claims.
RSA looking for repair supplier
RSA has kicked off a tender process to find a repair supplier for its commercial property claims, Post has learnt.
Mortgage fraud - Regulation: Safe as houses?
Concern at the scale of professional negligence in the mortgage industry has prompted renewed focus on regulation. But will these efforts succeed in stamping out fraud, asks Jennifer Bates.
Market conditions behind MD's departure
Insurer QBE has cited a shift in the market as the reason behind its reshuffle that saw property managing director Bernard Mageean depart the firm last week.
Insurance landscape - Household future: Leaping forward
Changes in the household claims market have been sluggish over the past 25 years. Max Dunworth looks at the significant upcoming developments that aim to revolutionise this sector.
Legal review of the year: Less doing more
Consolidation among insurance law firms was the hot topic for 2010, as they try to meet insurers' demands. Veronica Cowan reports on an interesting year.
Insurance landscape - Household past: Stiff competition
A perception exists that household claims lag behind motor claims in terms of innovation and new entrants are challenging the traditional loss adjusting model. Stephanie Denton examines the impact of this on the market.
Allianz on track to eclipse £30m target
Allianz Commercial is expanding its cross-border insurance offering as part of a relaunch of its UK mid-corporate operation.
Zurich appoints UK head of onshore property
Zurich’s global energy group has appointed Hala Abinader to the role of UK head of onshore property.
Keelan Westall launches underwriting service for brokers
Property insurance broker Keelan Westall has launched a new on-site underwriting service for fellow intermediaries.
Property Consortium UK secures CII CPD accreditation for training modules
A training programme developed by Property Consortium UK to give its employees an insight into building repairs has been accredited by the Chartered Insurance Institute for continuing professional development purposes.
Trio joins Paris team at Towers Watson
Towers Watson has strengthened its presence in the continental European reinsurance market with three appointments to its Paris-based reinsurance team.
Cunningham Lindsey handling 90 claims from flooding in Cornwall
Cunningham Lindsey has confirmed it is handling 90 claims following the floods in Cornwall earlier this month, with estimated total losses expected to reach up to £5 m.
QBE names three European CUOs
QBE Insurance has appointed Ash Bathia, Colin O’Farrell and Jonathan Parry as chief underwriting officers of its European division, following the promotion of John Neal to chief executive of QBE Group Global Underwriting Operations.
Fire risks - Counterfeit cabling: Getting crossed wires
As electrical contractors install ever-greater amounts of wiring into modern buildings, the rising incidence of dangerous counterfeit cabling should be of serious concern to insurers, builders and homeowners, says Roger Brown.
Fire risks - Arson: Playing with fire
Arson is becoming an increasingly prominent problem, with 40% of all commercial fires being started deliberately. Catherine Dixon examines what can be done to make buildings more secure against this persistent threat.
Fire risks - Non-deliberate: The desire to fight fire
Fire has always been a fierce adversary of both businesses and insurers. A major blaze can cause havoc to both small and large commercial premises, while also leaving a lasting mark on the bottom line of an insurer.
Claims roundtable - Rising stars: Cream of the crop
Every year, Post's Claims Club identifies and rewards rising stars — who together represent the future of the claims profession. Ant Gould met up with some of this year's finalists to garner their views on the state of the claims nation.
Editor's comment: Hall among friends at Aviva
If there were any doubts about Aviva's commitment to the corporate risk market, then the appointment of David Hall, chief executive of one of the UK's market leaders, should extinguish them for good.
Claims supplement - Where next for claims?: Fully equipped
Ajoy Menon and Renuka Sridhar look at the changing face of claims management and the tough decisions that need to be taken.
Claims supplement: The faces of the new revolution
Claims are often said to be the shop window of the insurance industry, but with many firms stuck with legacy issues do new entrants have the greatest advantage when it comes to innovation. Stephanie Denton approached firms across four distinct sectors —…
Claims supplement - Customer experiences: The results are in
The members of Which?'s online community recently rated their claims experiences with both car and home insurers. Dan Moore reveals the findings of the survey.