Fraud category for Claims Awards Asia-Pacific 2017

claims-awards-asia-pacific

Entries are open for this year's Claims Awards Asia-Pacific.

For 2017 a Fraud Team of the Year category has been added to the awards for the broker, insurer or reinsurer that has contributed the most to detecting and preventing fraud over the last year.

The awards, now in their fifth year, are free to enter and there are categories for all companies based in the sector; they are judged by experienced industry executives with the winners unveiled at a drinks reception following the Claims Conference Singapore.

To see the full list of categories click here. To enter click here.

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Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.