Keoghs
Market Moves: All quiet on the hiring front as industry resists major appointments
Recruitment activity was muted this week, with insurers unveiling just a smattering of hires and broker activity similarly low key. In an otherwise quiet period, Ace hired an environmental risk manager and Kiln appointed a new non-executive director. BMS…
PI lawyers deny ethical standards slipping
Personal injury lawyers have denied ethics in their business are slipping, suggesting trained lawyers are increasingly forced by time pressures to be more distant from their clients.
Legal reforms: Damage to the system
While the Jackson reforms may reduce the cost of civil litigation, they could have unintended consequences for the insurance industry.
Is claims sector set for investment and M&A surge following latest LDC move?
Speculation is mounting that the claims market is ripe for further private equity investment and mergers after motor claims specialist Validus IVC completed a management buyout with backing from Lloyds Development Capital valuing the firm at £30m.
Clyde & Co hires partner from Keoghs
Clyde & Co has hired Peter Unsworth as a partner, who joins the firm from Keoghs.
Keoghs warns over potential hike in RTA claims
Defendant law firm Keoghs and has warned of a possible rise in claims capturing following the government’s announcement to apply the new fixed recoverable costs to all road traffic accident cases notified in the portal after the end of April.
Birmingham top motor fraud spot for 4th year
Birmingham has been named the UK’s top motor fraud location for the fourth consecutive year in Keoghs' annual motor fraud index.
Government criticised for jumping the gun with whiplash proposals
Claimant bodies have accused the government of attempting to introduce "too much reform, too soon" following publication of the Ministry of Justice's long-awaited whiplash consultation.
Consumer Insurance Act: Out with the old, in with the new
The Marine Insurance Act's outdated rules regarding policy applications are to be replaced by the Consumer Insurance Act. Will it make life difficult for insurers, or does it simply codify what they're already doing?
Industrial deafness: Noise nuisance
Despite decreasing employment in high-risk industries, some insurers are reporting a 50% increase in industrial deafness claims over the past two years. What's behind the rise, and should insurers worry that this is the new whiplash?
LDC takes 22.5% stake in Keoghs
Private equity investor LDC has invested in Keoghs, taking a 22.5% shareholding, after the law firm was approved for an alternative business structure.
Household insurance roundtable: Providing clarity over questions
The Consumer Insurance (Disclosure and Representations) Act will bring fresh rigour to household insurance underwriting. Post gathered a group of experts to debate what the incoming legislation means for the market.
Legal experts call for transparency following revised Simmons judgment
Legal experts are calling for more clarity in the implementation of government reforms, stating that "lessons must be learnt" following the Court of Appeal's revised judgment in the Simmons v Castle case.
The rise of pet insurance fraud
Shocking stories of claimants deliberately harming pets are guaranteed to grab headlines, but what is the truth behind the increasing level of fraud detected in a sector predicted to be worth £900m by 2015?
Judgment on damages uplift faces further delays as new Chancellor is sworn in
The Court of Appeal's written judgment on how the incoming 10% rise in general damages will be implemented has been further delayed, much to the exasperation of interested parties.
Lyons Davidson tops list for Legal Ombudsman intervention
The Legal Ombudsman has filed 10 decisions on law firm Lyons Davidson since April after receiving complaints from clients.
Keoghs secures investment as it waits for ABS licence
Law firm Keoghs has confirmed rumours that it is in the process of becoming an alternative business structure.
No compensation for 3000 asbestos victims not included in new scheme
A new insurer-funded government compensation scheme for mesothelioma victims has been criticised for excluding sufferers of other asbestos-related diseases who might have received financial support under the shelved Employers’ Liability Insurance Bureau.
Legal reform: Uncertainty abounds as Laspo countdown continues
The Legal Aid, Sentencing and Punishment of Offenders Act is set to be implemented in April, but insurers and lawyers are concerned by a lack of detail.
Editor's comment: Portal problems persist
The government's determination to stick to its self-imposed April 2013 deadline for vertical and horizontal extension of the electronic portal for personal injury claims has unsurprisingly prompted claimant and defendant groups to retreat to their…
Insurance Fraud Awards 2012 shortlist announced
Post can today reveal the shortlist for the 2012 Insurance Fraud Awards.
Market moves: Zurich and Mitsui continue recruitment push
Last week's busiest recruiters, Zurich and Mitsui Sumitomo, followed their recent appointments with the addition of more new staff. Mitsui has added two members to its underwriting team, while Zurich welcomed a new head of human resources.
Keoghs appoints eight partners
Keoghs has appointed eight new partners, taking the total to 66.
Dispute resolution: Cutting in the middle man
Financial savings and court support have never been sufficient to switch insurers onto alternative dispute resolution in big numbers. Will the Jackson reforms provide the essential incentives?