Claims
Insurance Insight Q&A: Paul Lindeboom
Broker THB recently made the news with its expansion plans for its Amsterdam office. Insurance Insight caught up with Paul Lindeboom, executive director of THB’s Amsterdam operation, to find out all the news on the new appointments and what the plans are…
Embracing the mobile technology boom
Recent research suggests that with consumer demand for mobile devices on the increase insurance cover is set to grow. Jakki May reports on whether insurers are taking full advantage of this in emerging Europe.
Aspen pulls out of solicitors' PI
Aspen Risk Management will not write any more solicitors’ professional indemnity for the "foreseeable future".
Spanish funeral insurer Ocaso receives A+ rating
Spanish insurer Ocaso, S.A. Seguros y Reaseguros has had its financial strength rating affirmed as A+ (Superior) and the issuer credit rating of “aa-” by ratings agent AM Best. The outlook for both ratings is stable.
Prima completes €1.4m funding
Prima Solutions, software provider for life, P&C, large commercial risks and reinsurance Software, has completed a €1.4m round of funding.
Hurricane Katia may threaten US
Hurricane Katia, was today given ‘hurricane status’, but it is too early to tell whether will threaten communities in the Caribbean, Bermuda or in the US, according to early reports from Risk Management Solutions.
Insured losses for Hurricane Irene "manageable" $6bn
The insured loss estimate for Hurricane Irene is said to be between $3bn to $6bn making the impact on insurers “material” but “manageable”, according to Fitch Credit Ratings.
The compensation culture is a myth
I would like to pick up on a section of the article ‘Two sides to the story’ in which it is mentioned that ‘the compensation culture has become firmly embedded in the UK’ and ‘a system less clogged up by frivolous claims will mean swifter access to…
Clinicians call for a whiplash consensus
Leading clinicians are set to call for a new consensus in tackling the whiplash culture in the UK at a conference in November.
Business interruption - recessionary impact: Predicting the unpredictable
An uncertain economic climate is making the quantification of business interruption claims even more problematic. Tony Levitt explains.
Fraud - pet insurance: Vetting animal claims
Animal-related fraud is on the increase, with exaggerated claims for treatment a common cause. Claire Laver and Carys Clarke examine ways to combat the problem.
Lawyers target insurers through fraudulent claims
Solicitors practice Cost Advocates has warned of a growing trend of claimant lawyers submitting costs for personal injury claims.
Post Magazine - 1 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Insured losses from Irene could reach $3.4bn
Risk modelling firm Eqecat has estimated that hurricane Irene could cost insurers between $1.8bn and $3.4bn.
Essex broker rebuffed by Qmetric over Primo name - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include an Essex based insurance broker lodging a formal complaint against Qmetric for using the Primo trading title which it claims was its brand name first.
Columbus Direct to offer ash cloud cover
Columbus Direct has launched a new ash cloud travel cover designed to protect customers in the event their travel plans are disrupted by a volcanic eruption.
Keelan Westall and CKW renegotiate claims deal
Property insurance brokers Cadogan Keelan Westall and Keelan Westall have renegotiated their delegated authority agreement with insurer Zurich to allow the in-house claims team to process and settle claims up to £5000 net of policy excess.
Foil warns MP on civil justice reform
City insurance lawyers group the Forum of Insurance Lawyers has warned MPs planning to reform civil litigation costs not to “go soft” and be swayed by those arguing against change.
No major Caribbean losses from Irene
The Caribbean Catastrophe Risk Insurance Facility has announced that, while Hurricane Irene resulted in registered losses in six of its member countries (Anguilla, Antigua & Barbuda, the Bahamas, Haiti, St. Kitts & Nevis and the Turks & Caicos Islands),…
Birmingham tops crash-for-cash league
For the sixth consecutive quarter Birmingham has been named the number one hotspot for crash for cash insurance Fraud by the Insurance Fraud Bureau.
US reinsurers hit by claims
The Reinsurance Association of America says its group of 19 US property and casualty reinsurers wrote $13.8bn of net premiums during the six months ended June 30, 2011, an increase from the $12.3bn written in the first six months of 2010
Irene to cost insurers as much as $6bn
Catastrophe modelling firm AIR Worldwide estimates that insured losses from Hurricane Irene to onshore properties in the US will be between $3bn and $6bn.
'Merlin Academy' graduates primed team leader roles
Graduates from the first class ever to undertake the ‘Merlin Academy’ accredited Chartered Management Institute Level 2 Certificate in Team Leading have praised the content of the course.
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on harmonising European compensation systems; and an article on the opportunities for brokers in the international PMI market.