Claims – Page 126
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News
Biba calls for flood defence spending pledge
Some communities in the north of England have been devastated by floods in recent days
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News
Zego first UK insurtech to be awarded insurance licence
It will allow the insurtech to sell its own products, the news is a positive development for the sector
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Meet Lauri, Keoghs’ new AI insurance lawyer
The new technology can save insurers tens of thousands of pounds in indemnity spend per claim, and has so far processed 5,000 claims
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News
Law firm partners fined £80,000 for selling insurance through own broker
FairPlane UK directors to cough up after breaching Solicitors Regulation Authority principles
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News
Ageas chief executive warns of unsustainable premium prices
Andy Watson reveals that climbing claims costs is creating pricing pressure.
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News
Re-insurance scheme helps quarter of a million households in high flood risk areas get cheaper home insurance
The Flood Re initiative has benefitted 3,049 Birmingham households to date
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Insurance Times Awards finalist - Co-op’s innovative travel illness solution
The Insurance Times Awards 2019 is just around the corner, with more than a 100 finalists attending at our fabulous new Grosvenor House venue on December 22. Here we feature the Co-op’s entry into Customer Champion of the Year. To see more fantastic Q&As from finalists, click here. ...
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News
Fraudster cleric locked up for £31,000 personal injury scam
Luton-based pastor ordered to pay £16,000 after attempting to con court officials with personal injury insurance scam.
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News Analysis
‘Computer says no’ – why e-trading still needs a human touch
When dealing with risk, e-trade can overhaul processes for brokers in terms of speed and efficiency. But, is it foolproof when dealing with complex risk? Insurance Times investigates
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News
Hiscox shares take a battering as opioid abuse scandal threatens to engulf insurance industry
Hiscox said it was taking pre-emptive action to head off a casualty catastrophe
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News
Davies Group buys Irish loss adjuster
The confirmed deal marks Davies Group’s seventh acquisition this year.
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News
Beazley reports 12% increase on gross written premiums for Q3
The London market insurer shows a total $2.192m for gross written premiums in the first nine months of 2019.
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News
Allianz hit by claims inflation and Ogden rate change
Combined operating ratio deteriorated in the third quarter as cost of parts and labour rose sharply
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News
Business secretary slams Thomas Cook for personal injury insurance oversight
Thomas Cook self-insured the majority of personal injury claims, meaning those with serious injuries or loss of life are now treated as “unsecured creditors”
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News
RSA reports boost in underwriting profit despite financial market challenges
The London-based insurer shows improvements across its weather, large loss, attritional loss and controllable expense ratios for the past nine months.
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News
'Don't foist LiP portal on the public until its ready', warns Minster Law chief executive
Despite approving of small personal injury claims being moved online, Shirley Woolham insists that customers’ interests must be at the centre of the new platform.
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News
Road Runner launches new digital platform for brokers
The portal aims to strip back labour intensive processes for both brokers and their clients
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News
Industry needs to work to eradicate credit hire hikes
Head of the Credit Hire Organisation told Insurance Times that collaboration between credit hire firms and insurers has never been closer.
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News Analysis
FCA seeks to level the playing field of dual pricing
The FCA aims to combat dual pricing within the car and home insurance sectors, yet what are the wider market implications of policies such as scrapping auto-renewals? Insurance Times investigates.
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HSBC to ‘redefine’ insurance with Pick n Mix subscription service
HSBC claims the customer is changing and so must their service