Articles by Pamela Kokoszka
Plexus Law secures £15m private equity backing
Plexus Law has secured a £15m private equity investment from Origin Equity for a minority shareholding in the business.
Insurers can 'breathe easier' as Supreme Court clarifies the use of compulsory motor insurance
Supreme Court has ruled against Axa in a landmark dispute between a property damage insurer and a motor insurer over £2m fire claim.
Analysis: Are the barriers too high for CMCs?
Claims management companies come under the regulation of the Financial Conduct Authority today, but do the high barriers for entry threaten to create unintended consequences?
MoJ looks to extend fixed recoverable costs to £100,000
The Ministry of Justice has launched a consultation into extending fixed recoverable costs.
Sabre posts £61.9m profit as it predicts 'uncertainty' for 2019
Sabre Insurance group posted a profit before tax of £61.9m for the year ended 31 December 2018, from £53.3m in 2017.
New claimant sector trade body aims to 'detoxify the compensation culture'
Exclusive: A trade association has been launched to represent businesses that look after customers in the civil justice system, when they make a claim for insurance, injury, negligence and mis-selling.
Roundtable: Escape of water - managing the rising indemnity spend
Escape of water claims continue to exercise property claims managers. According to the most recent estimates from Association of British Insurers, domestic escape of water claims cost insurers £483m. With this in mind, Post, in conjunction with Acumen,…
Industry could face ‘heavy-handed’ regulation if dual pricing isn’t fixed: Citizens Advice Bureau
The industry could see a “heavy handed” approach to dual pricing from the government, if it doesn’t do enough to tackle the issue by itself, the Citizens Advice Bureau warned at Post’s inaugural Reputation event.
NFU Mutual reports financial loss of £290m
NFU Mutual has reported a financial loss of £290m in 2018, compared to a profit of £540m the year before.
Keith Williams leaves Aviva for Royal Mail
Keith Williams will step down from his role as Aviva’s chair of the audit committee and a member of the nomination, governance and risk committees on May 22.
Liberty redomiciles its European insurance company to Luxembourg
Liberty Mutual Europe has completed its re-domicile from the UK to Luxembourg.
Sedgwick sees 39% fall in suspicious claims
The number of cases investigated by Sedgwick for fraud in 2018 fell by 39% compared to the year before.
Government promises review into 'fairness' of IPT
The government will launch an operational review into Insurance Premium Tax in the coming months.
Axa’s SME trading centres put 106 jobs at risk
Axa is putting 106 jobs at risk with the creation of two small and medium enterprise trading centres in Bolton and Ipswich.
Sedgwick acquires entertainment loss adjuster
Sedgwick has acquired entertainment insurance loss adjuster Adams Media Loss Adjusting.
Analysis: Are the barriers too high for CMCs?
Claims management companies will see registration fees increase by 400% when they come under the regulation of the Financial Conduct Authority next month, prompting fears that smaller firms will move into unregulated areas.
Lloyd’s appoints Hayley Spink as a head of global operations
Lloyd’s has appointed Hayley Spink as a head of global operations, replacing Joe Dainty.
Admiral profits benefit from anticipated Ogden rate change
Admiral has seen profit grow on the back of claims releases ahead of an anticipated change in the Ogden rate.
Lemonade rival Wefox gets $125m for Europe expansion
Berlin-based insurtech Wefox Group has raised $125m (£95m) in a series B funding round led by Mubadala Investment Company.
Industry is falling behind on digital transformation: research
Financials services lag behind other industry sectors when it comes to digital transformation, according to a recent report.
Sedgwick acquires independent loss adjuster
Sedgwick has acquired independent loss adjuster Insight Adjusters.
Insurtech Shift secures $60m funding
Insurtech Shift has raised $60m (£45.5m) in a series C funding round led by Bessemer Venture Partners.
This week in Post: Storm, Brexit and diversity
This week, the sunshine we were blessed with last week was replaced by a more winter-appropriate grey sky and rain.
ERS returns to profit after suffering a loss of £12.2m last year
Specialist motor insurer ERS has reported a profit of £11.1m for 2018, following a loss of £12.2m in 2017.