Claims – Page 176
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News
Esure says Beast from the East quadruples home claims costs
Weather-related home claims costs are four times budget in first quarter
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Direct Line share price down 4% amid 'Beast from the East' storm hit
Direct Line has falling premium in first quarter and expects claim hit
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Horwich Farrelly throws out over 2,000 fake holiday sickness claims
Insurance fraud specialist throws out over 2,000 bogus sickness claims in 10 months
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Aggregator disruptor gears up for launch
Honcho, the start-up that hopes to have price comparison websites running scared, seeks to expand as it prepares for an Autumn launch
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News
FCA's PII plans could force insurers out of market
A change to the rules on insolvent firms could raise premiums or force policy providers out of the market
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A practical use for blockchain: Marsh and IBM deal to shake up insurance contracts
Marsh takes a lead in developing blockchain for real, pratical use in contracts
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Cyber saviours: Insurers paid tens of millions to data breach firm Equifax
Latest figures emerge on the claims costs to the insurers following the Equifax data breach
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Hastings shares slide amid rising claims cost
Hastings’ share price falls 4.4% as its claims costs were higher than expected due to unexpected weather
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News
Rising costs to blame for van insurance price hike
Increasing claims costs driving van insurance prices up, despite premiums being lower than they were six months ago
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Connected home start-up to use Homeserve’s leak detection tech
Aviva-backed insurtech start-up becomes latest insurance provider to offer Homeserve’s LeakBot
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Price comparison and Simply Business-type brokers gobbling up SME - research
Price comparison and direct brokers hoovering up micro business
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News
Marsh board’s cyber strategy led to “tension” with its global HQ – Mark Weil
Mark Weil has revealed that when Marsh’s global headquarters took charge of the group’s cyber strategy, this posed a “challenge” for the UK & Ireland unit
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Firms must work together to tackle growing cyber threat - Marsh UK chief exec
At the launch of TheCityUK’s ‘Governing Cyber Risk’ report, Marsh’s Mark Weil urged for co-operation to build cyber resilience
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Brokers get a boost with new contractors liability product
Incorporated Insurance Group Ltd launch a new product to compete with trade insurers
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Close Brothers likely to miss out on millions over broker collapse
Administrator Begbies Traynor is considering whether to approach Close Brothers over an extension of the administration period, as the second report reveals a cash shortfall of millions
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Sharing crash data is the future for telematics
Sharing crash data is the way ahead, says Domenico Mariconda, the new CEO of Axon Telematics, which has teamed up with MCL Insurance
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Ask the Expert
Why is escape of water such a big deal now?
Why has escape of water suddenly become such a big issue for the insurance industry?
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News
Civil Liability Bill to enter House of Lords today
Lords will hear the full extent of the controversial Bill for the first time this afternoon
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Motor injury claims fall to lowest level
Government figures show motor injury claims have fallen to their lowest level for which data is available
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Solicitors hail Lords committee's whiplash amendments
Solicitor body claim Lords committee endorsed its concerns about the Civil Liability Bill