Claims
Sponsorship - Olympics: The hard cycle
It's not just insurers that have caught Olympic fever and begun backing Britain's sporting talent. Daniel Dunkley details how loss adjuster Davies hopes to help cycling sensation Andy Tennant power his way to games glory.
Post history - 30 years ago: Multi-million pound fire claim fears
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.
SMEs advised on alternatives
SMEs have been urged to consider alternatives to the purchase of non-compulsory commercial insurance.
Postbox: time to up the ante in fight against fraud?
Graham Odiam's article on 'first-party fraud' touches on a moral dilemma. Insurers have a desire to retain policyholders by providing a good service — both at policy inception and at claim time — but also need to prevent and detect fraud efficiently.
Endsleigh faces High Court onslaught over claims costs
Endsleigh Insurance faces a £30m High Court showdown with Gibraltar-based Southern Rock and Markerstudy, over its alleged failure to provide "technically accurate" claims handling for the two companies.
Reinsurer cat budgets exhausted after Q1
Reinsurers' annual budgets have been exhausted after the major natural catastrophe losses in the first quarter were followed by 150 tornadoes hitting 13 south-eastern US states last month. According to Dominic Simpson, vice president, senior credit…
Post magazine – 12 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Endsleigh faces High Court onslaught over claims costs - Insurance News Now – 12 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the potential £30m High Court battle facing Endsleigh following its alleged failure to provide “technically accurate” claims handling for Southern Rock and…
Endsleigh faces High Court onslaught over claims costs - Insurance News Now – 12 May 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the potential £30m High Court battle facing Endsleigh following its alleged failure to provide “technically accurate” claims handling for Southern Rock and…
Biba 2011: CIE consumer guide to be rolled out
A consumer guide giving advice to the public ahead of the launch of the new Continuous Insurance Enforcement was today released at the British Insurance Brokers' Association Conference in Manchester.
Biba 2011: Fusion and Oliva to offer SME disaster recovery package
Oliva Underwriting Management and Fusion Insurance Services have both signed agreements with risk mitigation and loss reduction specialists Global Continuity, to embed its disaster recovery solution, Business Assist, into their product suites.
Chubb appoints Ireland claims manager
Chubb Insurance Company of Europe has appointed Tony Fitzgerald as manager of its claims business in Ireland, reporting directly to Lynn George, European claims manager
Barclays CEO in PPI apology as bank sets asside £1bn for claims
Barclays has decided that it will not participate in any application for permission to appeal against the High Court judgment of 20 April 2011, which dismissed the action brought by the British Bankers' Association regarding the assessment and redress of…
Helphire share price crashes to new low after overstating cash due by £25m
Helphire's share price today crashed to 4.9 pence at the close of trading from 12.75 pence at the start of the day after a profits warning.
Chartis COR hits 119% in Q1 as insurer is hit by $1.7bn cat costs
Chartis, the non-life division of AIG, has reported a first quarter operating loss before net realized capital gains of $463 m, reflecting $1.7bn of Catastrophe losses comprised of $1.3bn for the Japan earthquake and tsunami.
CII exited tough year in "good shape"
The Chartered Insurance Institute slightly increased its overall revenue in 2010 to £33.97m from £32.32m the previous year.
NFU claims boss resigns
NFU Mutual chief claims manager John Kenny has quit the company that he joined 23 years ago.
Crawford revenue up 21% to $285m in Q1
Loss adjuster Crawford has recorded revenue of $285m in Q1 2011, an increase of 21% (Q1 2010: $236.3m)
Cunningham Lindsey launches training scheme to boost complex loss team
Cunningham Lindsey has launched an initiative to increase its number of complex loss adjusters, by training existing liability staff to handle more specialist claims.
CILA entry-level qualification goes live
The Chartered Institute of Loss Adjusters entry-level qualification examinations have gone live.
Legal update - unsigned contracts: invisible ink
Letters of intent have become accepted business practice while the finer details of contracts are worked out — but a recent court case has highlighted the pitfalls, reports Russell Behn.
In series - first-party fraud: everyone's a loser
Few consumers see insurance fraud as the criminal offence it really is. Graham Odiam looks at research to find out why this is and explains how everyone will lose out until this perception is changed.
Overseas market - Saudi Arabia: full of Middle Eastern promise
With a fast-growing insurance sector, Saudi Arabia is a country on the move. Dexter Morse gives a detailed overview of market developments and potential.
Post history - 20 years ago: motor blamed for £220m NU downturn
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.