Claims – Page 157
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AXA partners with charity to address industry’s skills gap
The average age of repair technicians is older than 45
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360Globalnet chief exec calls for “laser focus” on customers for digital claims execution
The majority (94%) of policyholders would go digital if this was offered but current insurance apps only experience a 28% uptake
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LMA and Advent launch Lloyd's claims expert platform to drive efficiency
The claims expert spend in the Lloyd’s market is estimated to be in the region of £500 million a year
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Insurtechs launch new UK body
The group plans to develop into a formal association in 2019
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Vehicle damage claims costs to rise, says DAC Beachcroft
More expensive and frequent damage claims on the way, says DAC Beachcroft
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Lemonade announces European expansion plan
The move will be the firm’s first expansion outside of the USA
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Weather and escape of water claims “largest drivers” for premiums
Claims costs of 1.2% could hike prices for annual premiums
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Brightside settles £2m Southern Rock PI lawsuit
Brightside had accused a number of insurers, including AIG and QBE, of being negligent after a fallout with Arron Banks at Southern Rock
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Davies Group partners with insurtech for claims overhaul
One in five household claims are not paid
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January sees 50% uptake in new pet policies
Quotes for January for pet insurance peaked at 600,000
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AXA releases video to end confusion around driverless cars
A third of respondents said that driverless cars were better for the environment
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RSA facing lawsuit over $19m lost sugar claim
A sugar trader is claiming it lost hundreds of thousands of bags of sugar being stored in a Ghanaian warehouse
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Aviva reveals plan to tackle water leak claims through new acquisition
It announced its acquisition for the majority stake of Neos last week
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Rate of claims 'highest it has been since financial crisis' - Euler Hermes
Euler Hermes highlights claims headache as it reportedly withdraws from another high street retailer
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QBE ramps up cyber offering for SMEs
Cyber attacks highlighted as “most dangerous risk” for UK businesses
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Autonomous vehicles to be trialled in London before Christmas
AXA XL, along with others, to start testing ”in the next few weeks”
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Crash for cash fraudsters sentenced despite new 'trick'
The new ’give-way’ trick was an attempt to avert liability
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Rise in motor claims expected for Black Friday
The ABI has warned drivers that “any bargain may come at a price”
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Hiscox claims veteran to retire in February
After working on the aftermath of the 9/11 attacks, then having 13 years at Hiscox, Jeremy Pinchin is stepping down
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Insurers win 68% of disputed UK commercial claims in court – Mactavish
The insurance governence firm studied every court case between 2013 and 2018