All Archive articles – Page 409
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CII conference news: Industry unprepared for terrorist attack, says AXA
The insurance industry is unprepared for a terrorist attack, AXA warned today.AXA claims director David Williams said he had doubts about the industry's ability to respond to "disruptive events".Williams said: "I have doubts about how prepared we are as an industry. If you look in detail, there are not necessarily ...
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CII conference news: Commercial lines is the future of broking
The future for broking lies in the commercial lines market, with personal lines moving to the direct channel, said Broker Network chief executive Grant Ellis.Speaking at the CII conference in Birmingham, Ellis said the idea of “stack it high and sell it cheap” personal lines insurance did not have a ...
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Axa pilots neural fraud detection
Ncorp's neural fraud detection software used to check household claims
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CII conference news: Vast majority believe qualifications should be mandatory
Almost 60% of attendees at the CII conference believe the FSA should make qualifications mandatory. An audience poll found that 57% believe the FSA should set mandatory qualifications, while 40% of the audience disagreed.CII director general Sandy Scott was among those against mandatory qualifications. Scott said that in its discussions ...
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CII conference news: More qualified staff will build confidence in the industry
More highly qualified staff are required to build sustained confidence in the UK insurance market, according to delegates at the CII conference. In an audience poll, 45% of those questioned said more highly qualified staff was the answer to building confidence in the industry. In an industry poll, poor service, ...