Isis launches claims handling pricing service

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Isis Claims Solutions has launched a new third property damage claims solution designed to speed up the process and reduce costs by up to 300%.

The new tool, known as Impact, is aimed at motor insurance claims handlers and, according to the company, offers damage inspection within 24 hours of instruction, via a national network of claims

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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.