Claims – Page 132
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NewsApplication fraud dominates as average tops £12,000 per case
However, one fraud worth £1.2m was detected, and around 1300 fraudulent cases are exposed every day
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NewsUK SMEs shoulder £8.8bn crisis costs, broker finds
Cyber-attacks, data breaches and cyber extortions accounted for 15% of all ’crisis’ events
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NewsFCA clamps down on CMCs’ ‘unscrupulous’ false advertising
Martin Milliner of LV= says CMCs have gotten away with unscrupulous activities “for too long”
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NewsBought by Many to drop industry standard for switching insurers
The two-week waiting period was a measure to combat fraudulent claims, but the insurtech believe it is unnecessary
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AgendaSoftware houses key to brokers remaining relevant in shifting market
Biba’s Andy Thornley called on software houses to do more to enable brokers to offer subscription style products
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NewsMotor claims inflation increases by 8% in 2018 with further rises expected
The North East and Wales incurred the sharpest rise in claims inflation
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NewsLondon Bridge terror van insurer not eligible for MIB support
Slater and Gordon is representing a number of victims seeking compensation for physical and psychological injuries against the van insurer
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NewsPrice comparison cycle service enters market
Cyclists run the risk having to foot the bill if they are involved in a third-party liability claim
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NewsRAC partners with car insurance broker
It hopes the partnership will encourage more policyholders to take out breakdown cover and ease claims
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AgendaTelematics brokers hit back at model criticism
After Coverbox fell into administration, experts had questioned the telematics broker model - but the telematics brokers have told Insurance Times why the future is bright
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NewsRising household thefts warning to insurers
Cover provider reports that household theft has overtaken escape of water in terms of volume of claims
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NewsExperts predict more broker casualties in 'difficult' telematics market
As Coverbox falls into administration it highlights the added challenges facing brokers in the telematics field
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AgendaCanopius partners with property AI start-up Arturo
New property analysis capability to be integrated into Canopius to aid in pricing
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Online onlyLegal firm latest to automate claims handling
The move is aimed at reducing the potential for human error
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NewsWrisk appoints new chief exec amid scaling business
In June the insurtech partnered with Allianz Automotive to deliver a digital motor insurance offering
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AgendaAXA plans to simplify e-trade platform for brokers
As AXA plans to add more XL specialist products to its e-trade platform in the coming year, Deepak Soni says ensuring the platform is simple to use will be key
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AgendaWoman pays out £10,000 for fundamentally dishonest Ageas claim
She had claimed in excess of £40,000 for various injuries, but was undone when the Weightmans intelligence team uncovered images of her mountain hiking on social media
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Online onlyLearn about China and its powerhouse insurtechs - Download free report
Tällt report scopes journey and reveals the best insurtechs in the country
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NewsTrõv switches track on return to UK market with Lloyds Banking Group
Ahead of closing its app in October, Trõv moves away from direct-to-consumer market and sets its stall out to work with incumbents
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NewsCyber insurance for schools: an untapped market for brokers?
A lack of funding and untailored cover has meant schools are easy prey for hackers, but what can brokers do?
