Underinsurance
Broker develops motor fraud reduction service
DNA Insurance Services has launched a motor trade tracker service designed to reduce insurance fraud, insurer claims exposure and uninsured vehicles.
PI firms risk being sued if they continue to undervalue serious injury claims
Claims management companies reportedly targeting under-settled claims.
High Net Worth: Worth the effort
Research by Home & Legacy suggest there is little consensus in what constitutes a mid or high-net-worth customer. But what does this mean for the market?
Brokers told to improve record-keeping to reduce professional indemnity claims
Brokers have been urged to improve the way they document advice to clients in light of increasing numbers of professional indemnity claims against them.
Spotlight on Economy and Society: Run for cover
Underinsurance is an on-going issue for the industry and, without a concerted effort to tackle the problem, the effects of the financial storms may continue to strike.
Post magazine - 28 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Commercial Property: Too little, too late
Property underinsurance creates a real headache for insurers and their clients, often not discovered until a claim is made. So, where does the buck stop for accurate valuations?
Analysis: Major events in the Russian insurance market in Q1 2012
Problems in the motor insurance market, new legislation and major deals made the news in Russia for Q1 of 2012. Paul Koshik reports.
Natural disaster: Filling the $254bn insurance gap
The problem of underinsurance has been seen with a number of natural catastrophes recently. Lucia Bevere explains why relying on governments as a last resort is a risky strategy, and what insurers can do to tackle this area.
Travel insurance: Expedition exclusions
With the popularity of overseas breaks showing no sign of abating, travel cover has the potential to grow. However, insurers in the sector are never far from controversy.
Countdown to ISA: Q&A with Aviva's Simon Machell
Simon Machell, chief executive of Aviva Asia Pacific, will be part of the panel debate on The outlook for insurance in Asia at Insurance Strategy Asia taking place in Hong Kong on Tuesday 29 May.
Broking SME: Battle stations in the fight for the little guy
Brokers are facing increased competition for SME customers, but they're not going down without a fight
Corporate Underinsurance: Solving the problems
Underinsurance is a common problem and a collaborative approach is needed to stamp out an issue that has gone unresolved for too long
High Net Worth: Opportunities abound to target the top
Despite the economic conditions, high net worth insurance continues to thrive. But will this lead to a host of new entrants in the market?
Corporate Underinsurance: Improving understanding of business interruption cover
Last year's riots brought the problem of a lack of business interruption cover to the fore. What are the solutions to underinsurance in this area?
In conversation with Zurich: Corporate underinsurance for plant machinery repair and replacement
There have been a number of surveys that have highlighted underinsurance in the corporate market, with a heavy emphasis on business interruption and property reinstatement. But another insurable cost is often over-looked, that of plant machinery repair…
Post magazine – 23 February 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Q&A Peter Solloway
Peter Solloway, business development manager for Continental Europe at FM Global, pictured, spoke to Stephanie Denton about the challenges facing the French insurance market including exposure to nat cats, supply chain issues and distribution challenges.
XL tackles under and over insurance with property valuation product
XL insurance has joined forces with American Appraisal to offer what it claims are independent and unbiased valuations to customers.
Commercial property - Business interruption: Dealing with disruption
Deficiencies in business interruption policies have long been a source of debate, but what can be done to improve them, asks Veronica Cowan.
Microinsurance - A solution to all ills?
Microinsurance is being touted as the answer to insuring the poorest regions of the world against extreme weather threats. However, as Stephanie Denton reports, this may not be the case.
ARM launches building valuation service
Aspen Risk Management has launched a free building valuation assessment service for its broker partners and clients.
Claims Club news: even larger corporates are failing to review risk profiles
Commercial insurance in a post-economic crisis environment is "not fit for purpose" for many large corporate firms, Bruce Hepburn, chief executive of Mactavish, asserted.
Litigation fears in wake of NZ quake
The New Zealand earthquakes in September 2010 and February 2011 have left some brokers and insurers at risk of litigation, the chief executive of Cunningham Lindsey's New Zealand operation has warned.