Claims
P&C insurers better placed than life firms to weather economic storm
Property and casualty insurers are better positioned to withstand a slow growth environment compared to life insurers, which will be more impacted by the weak global economy given they are mainly "discretionary" purchases and the low interest rates,…
Admiral in Lyons Davidson acquisition talks
Motor insurer Admiral is in talks to purchase law firm Lyons Davidson according to press reports.
Apil and Mass launch judicial review of RTA personal injury scheme
The Association of Personal Injury Lawyers and Motor Accident Solicitors Society have launched a judicial review of the Justice Secretary's decision to reduce the amount of fees payable for cases conducted through the road traffic accident personal…
McLarens launches expanded Bristol office
Commercial claims loss adjuster McLarens is to target the South West of the UK for growth, setting up a new, enlarged office in Bristol.
London, Leeds and Bradford residents most likely to make theft claim
Homeowners in London, Leeds and Bradford are the most likely to make a claim for theft or burglary and are paying 20% more for their home insurance, according to Money Supermarket.
Drivers court danger to save cash
Nearly 30% of drivers were found to delay servicing their vehicle to save money, with 33% sparing costs to such extent that they could be putting themselves or other drivers in danger.
Claims cost European insurers €930bn in 2011
A total of €930bn in claims was paid out by the European insurance sector in 2011 – a 7.5% increase on 2010, figures from Insurance Europe have revealed.
2012 insured losses 36% above 10 year average: Aon Benfield
Last year’s insured losses soared almost a third higher than the 10 year average for insured losses according to Aon Benfield’s catastrophe modeling centre, Impact Forecasting.
Xuber launches claims software
Xchanging’s insurance software provider, Xuber, has launched Xuber Claims, a fully integrated claims management solution.
JBA enters flood debate with new model launch
JBA Risk Management has joined the UK insurance industry flood debate after releasing a new model of the built environment designed to help property owners better understand the risks to homes, offices and business premises.
Covéa boss Street joins Thatcham board
Covéa Insurance has revealed that Barry Street, head of claims engineering services, has joined the Thatcham board of directors.
LV deal boosts Davies business after Zurich and NFU Mutual losses
Loss adjuster Davies has confirmed it has signed a "significant" deal with existing insurer partner LV, as it gets closer to naming a new chief executive.
AIG on risk for fatal incident as cause of helicopter crash investigated
AIG has confirmed it was the insurer of the twin-engine helicopter that clipped a crane and crashed in central London last week, after being diverted to an early landing pad due to bad weather.
Fraud prevention: Capital punishment
It has been a year since the Insurance Fraud Enforcement Department opened for business in the City of London. Is the specialist team living up to the hype?
HCML launches new system to improve rehab service
Health & Case Management Limited has expanded its immediate medical assessment service for insurers and solicitors with a view to improving benefits for the injured party.
Supreme Court rejects Prudential legal advice appeal
The UK's Supreme Court has ruled that legal advice provided by non-legal professionals does not qualify for legal privilege, ending a legal battle with Prudential and PWC which has run since 2007.
Aon launches weather reinsurance product
Aon Benfield has launched a weather reinsurance product that offers protection against adverse weather losses in the UK.
Post magazine - 24 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurers hit back at accusations of stricter policies on claims payouts
Tensions have erupted between the broker and insurer trade bodies after the British Insurance Brokers' Association took to breakfast television to air members' complaints about insurer policies on paying claims.
Claims Portal progress awaits MoJ verdict
Claims Portal Limited said that it is reliant on draft protocols, forms and rules as it prepares the software for the Ministry of Justice's 1 April deadline for the planned extension to the Claims Portal.
Top five Asian news stories
The top five Asian stories from www.insuranceinsight.com over the past seven days.
Top five European stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Escort service sails through troubled waters
Typhon has launched a marine convoy escort service designed to enable ship operators to transit the Gulf of Aden, Arabian Sea and Indian Ocean in safety.
Top Mark and Claim Reaction launch Northern Ireland venture
Top Mark has joined with loss adjuster Claim Reaction to form a new Northern Ireland operation.