Claims
Airmic 2011: New contract clause seeks to prevent claim avoidance
Inadvertent omissions in underwriting information will no longer allow insurers to walk away from claims. At least, that is the hope of corporate buyers preparing to insist on the inclusion of a new model clause in contracts unveiled on Tuesday at the…
Editor's coment: Restoring good faith
After more than a year in gestation, Airmic finally unveiled its new model clause on Tuesday at its annual conference in Bournemouth.
Law report: Disagreement over late changes must be resolved
This law report has been contributed by national law firm Berrymans Lace Mawer.
Post history - 30 years ago: Iraq conflict sees shipping salvage soar
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Kennedys opens ninth international office
Dispute resolution law firm Kennedys has created an Irish operation through a merger with Dublin firm O'Hare O'Connor Walshe.
Time to strap on the footie boots again
Sign up now for the 2011 Prince's Trust Insurance Cup.
Cyber risks - Liability update: Privacy policed
Public and political awareness of cyber risks is on the rise as high-profile cases hit the headlines. Patrick Hill and Hans Allnutt review the effectiveness of existing cover options and detail unconventional developments.
Law report: Losses claimed must be included in detail from the start
This law report has been contributed by national law firm Berrymans Lace Mawer.
Syndicates take legal action against Jackson promoters
Talbot Underwriting, Cathedral and EBI have taken legal action against AEG Live, the promoters of Michael Jackson's This Is It tour, as the Lloyd's syndicates upped the ante in repudiating a multi-million-pound claim.
Airmic 2011: Risk blindness threat to company stability
Company boards' tendency to develop "risk blindness" in the pursuit of reward and opportunity can bring down otherwise successful entities overnight, according to new research by Cass Business School. The first findings of a two-stage study have…
Law report: Dismissal due to dishonesty by doctor was right decision
This law report has been contributed by national law firm Berrymans Lace Mawer.
Insurers in line for a £4.8bn windfall from referral fees
Motor insurers stand to pocket billions in extra income a year if a recommendation to retain referral fees is acted on, a leading personal injury lawyer has claimed.
View from the top: Trust is our bedrock
Last month, I attended the funeral of a good friend, Damien Doran, who worked for Perkins Slade, a great broking firm in Birmingham. Damien was the best of our industry. A man you could rely on to do the right thing for his clients, respected by everyone…
Post magazine – 9 June 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
LV expands Ipswich operation
LV is creating 50 new jobs as it expands its current operation in Ipswich which deals with car insurance queries.
Insurers in line for a £4.8bn windfall from referral fees - Insurance News Now – 9 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how motor insurers could pocket billions in extra income a year if a recommendation to retain referral fees is acted on.
Airmic 2011: Firms underestimate true cost of major claims
A lack of understanding surrounding the range of uninsured costs and management time wasted means the true financial cost of major property claims are underestimated, says Heath Lambert.
Insurers in line for a £4.8bn windfall from referral fees - Insurance News Now – 9 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how motor insurers could pocket billions in extra income a year if a recommendation to retain referral fees is acted on.
Post Blog: Scaling the heights - Questgates' Himalayan Adventure
Last month, Questgates duo Andrew Davies and Aaron McMullen completed a 320km cycle, trek and paddle through the Annapurna Mountain Range in the Himalayas in support of The Prince's Trust.
Post Blog: Scaling the heights - Questgates' Himalayan Adventure
Last month, Questgates duo Andrew Davies and Aaron McMullen completed a 320km cycle, trek and paddle through the Annapurna Mountain Range in the Himalayas in support of The Prince's Trust.
Airmic 2011: Global insurance compliance is fastest-rising concern
The compliance of global insurance programmes is the fastest-rising concern amongst Airmic members, according to the result of the risk management association’s latest survey, ranking second only to reputational risk as their main worry.
Airmic 2011: Model-clause unveiled by Airmic
Airmic has published a model-clause aimed at reducing the possibility of firms having policies avoided by insurers as a result of inadvertent omissions in the underwriting information provided by purchasing organisations.
Airmic 2011: Intermediaries need to better understand fraud
Insurance fraud is one of the biggest challenges facing the industry, yet 32% of intermediaries are only “somewhat clear” on exactly what constitutes insurance fraud.
Aon: Threat of political unrest equal to terrorism
Political violence, strikes, riots, civil war and war now threaten businesses' growth, continuity and profitability as much as terrorism, according to Aon Risk Solutions.