Personal
Over half would only consider telematics policy with £100 plus premium saving
Saving money is still the biggest factor in people taking out telematics and data-based insurance motor policies, according to new research from Consumer Intelligence. Although for over half (55%) the saving would have to be over a £100 for them to…
Editor's Comment: Don't mention the whiplash
The Oxford Dictionary shows the definition of collaboration as the action of working with someone to produce something and I’m sure that this is what the Association of Personal Injury Lawyers’ president was encouraging when he wrote an open letter to…
Claims Club: Insurers must act to help shape the future of CMC regulation
Insurers have been given a “three to four month” window to shape the future of claims management company regulation, Claims Club members have been told.
BLP Insurance responds to regional growth with two senior appointments
BLP Insurance has announced two senior additions to its business development executive team in response to increasing regional demand for its building insurance products in the Midlands and South West of England.
Axa halts 'significant' personal injury claims with fundamental dishonesty defence
Two fraudsters have withdrawn fake but financially significant personal injury claims after Axa used the fundamental dishonesty defence.
Career Development: Endsleigh celebrates Golden Jubilee
Endsleigh has begun its Golden Jubilee year, celebrating 50 years of insuring students and young professionals.
Blog: The Sonae group action and the compensation culture
The judgment handed down last month in Saunderson & Others v Sonae makes for uncomfortable reading. Dismissing over 16,000 personal injury claims, a High Court judge criticised the conduct of the solicitors who had brought induced, exaggerated and…
Stepping up data sharing against fraudulent travel claims
As travel insurance fraud is becoming more frequent, the industry needs to step up monitoring and information-sharing, just like it has been doing to tackle motor and household fraudulent claims, says Mathew Crawford-Thomas.
Dishonest motor insurance applications exceeded 4000 weekly in 2014
Insurers uncovered 212,000 attempted dishonest applications for motor insurance in 2014 - up 18% on 2013 and the equivalent to over 4000 every week, according to the Association of British Insurers.
Aviva signs seven-year distribution agreement with TSB
Aviva has signed an exclusive seven-year distribution agreement with TSB covering the distribution of Aviva’s core general insurance products including home, travel, motor, pet, and commercial insurance through TSB’s branch network, online and via…
Blog: Why £200m Nationwide household loss might not be a big deal for DLG
Direct Line Group CEO Paul Geddes was bullish today when the insurance group released its half year results.
Hurricane Katrina: 10 years on
A decade after Hurricane Katrina hit New Orleans, what lessons has the insurance industry learned –and how has the city recovered?
Editor's comment: Swinging from high to low
Last Wednesday was a day of extreme highs and lows for the insurance industry. The sector celebrated successes of the past year with the Oscars of the industry, the British Insurance Awards, with over 2000 insurance professionals letting their hair down…
Editor's comment: A very expensive meal
While the Swiss are well known for their wealth and their thriftiness, the London and UK insurance market is probably the worst place to attempt to keep a secret.
Roundtable: Big Data: What can big data do for the insurance industry?
With big data playing a bigger role across all industries, the big question is what it can do for the insurance sector?
Post reveals consumer champions as Trust Insurance Taskforce
As part of its campaign to improve trust in the insurance industry Post has announced a taskforce of consumer champions, who will challenge insurers thoughts, beliefs and processes, and provide much need feedback and a realistic view of what customers…
Flood Re to launch £2.1bn reinsurance procurement
Flood Re is to begin the process to secure £2.1bn of reinsurance cover and is anticipating interest from Bermudian and US companies as well as collateralised reinsurers.
Interview: Derek Coles: Out of the shadows
Ryan Direct Group CEO Derek Coles is ready to come out from under the radar at a company that has grown from 45 people to 475 under his stewardship.
John O’Roarke teases details about post-LV career
He was once a top dog at Churchill. For the last eight years he has been behind one of the hottest success stories in insurance with LV.
Could Google and Admiral's 'marriage of convenience' shake up US insurance?
Earlier this year I wrote a blog about Admiral’s high profile tie up with Google in the US.
AA tipped to acquire XL Gibraltar arm to launch motor insurer
The AA has been tipped to swoop for XL Insurance (Gibraltar) in order to launch its new motor insurer.
C-Suite - Insurer: Reducing risk, increasing safety
Telematics can bring down premiums for young drivers, but also alter behaviour in all segments.
Legal Update: Exposure and the global threat
Chemical exposure can lead to the onset of disease. David Kidman looks at how this could impact insurers.
C-suite - Insurer: How to talk to customers
The threat to the insurance industry from ‘disruptors’ can be nullified with good communication, says Alasdair Stewart, Axa Commercial Lines and Personal Intermediary.