Claims – Page 178
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Online onlyState Farm lawsuit a warning to UK insurers over car repairs
Similar lawsuits could happen in the UK if vehicles are not repaired to the manufacturer standard, it is claimed
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News$100m insurtech fund wants to work with insurers not against
Partner at Eos Venture Partners Sam Evans says they are optimistic insurers are coming around to insurtech, and wants to work with insurers to embrace and collaborate with the new start-ups entering the market
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NewsTwo companies pursued for £8.1m in Gable fallout
A Lloyd’s insurer and specialist broker among companies chased by Danish guarantee fund in the fallout of Gable
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NewsInnovation stymied by capital rules, says OECD
An OECD report says that innovation in insurance could be blocked because insurtech start-ups face crippling capital rules under Solvency II
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NewsHoncho: the insurtech gunning for the aggregators
Aggregators were the ’original disruptors’, but a new platform contends it is ready to take over the market and ’smash’ premiums
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NewsNatural catastrophe insured losses “highest ever” in 2017 – Swiss Re
Reinsurer Swiss Re said Hurricanes Harvey, Irma and Maria had resulted in combined insured losses of $92bn, equal to 0.5% of US GDP
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NewsInsurance technology firm tops Sunday Times profit list
CEO of The Qdos Group says “innovative insurance solutions” helped firm top The Sunday Times BDO Profit Track 100 list
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NewsBroker backlash at 'fundamentally flawed' solicitors’ PI reform proposals
The SRA is proposing changes to Solicitors’ professional indemnity insurance, which will move the minimum cover limit to £500,000 or £1m for conveyancing
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NewsWaste company in £4.8m battle with Zurich over convicted 'machete attacking' director
Niramax Group says Zurich should pay the claim for a plant fire, regardless of shadow director’s 2010 conviction for attack involving 16-inch machete
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NewsREG speeds up GDPR agreements to help clients
REG hopes to help clients meet GDPR deadline by reducing cost and time of issuing TOBAs
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NewsThe biggest headaches in personal lines
Home and motor pose the biggest problems in personal lines for insurers. What are they doing about it?
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NewsAllianz’s Gibson appointed Thatcham chair
Graham Gibson appointed chairman of Thatcham Research, replacing RSA’s Ian Currie
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NewsWhiplash crackdown faces tough passage
The Civil Liability Bill is at last before Parliament, but that doesn’t mean it’s a shoo-in. Insurers applaud the bill, but opposition is vocal and could gain support
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NewsArnie is back to front FCA's PPI campaign after successful first run
The head of Arnold Schwarzenegger is returning to encourage people to make PPI claims
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IT InterviewSSP Etrading Q&A: Brokers are now hosted on new state of the art data centre
SSP Customer and Marketing Director Adrian Coupland speaks to Insurance Times about the developments at SSP in the past year, business interruption, AI, machine learning software and supporting brokers on their digital journey.
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IT InterviewQ&A LexisNexis James Burton: Contributory databases are not just about bottom line loss ratios
James Burton Director of Product Management at LexisNexis Risk Solutions speaks to Insurance Times on the value of data enrichment and the perceptions of personal motor insurers on the current and future benefits of contributory databases.
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NewsGDPR – Data mishandling could be the new PPI
The regulator’s penalties for data breaches are stiff, but a bigger problem could be an avalanche of claims from clients for data mis-handling
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NewsChubb invests in flexible working insurtech start-up
Chubb makes a minority investment in a flexible working insurtech start-up, which has recently experienced “triple-digit” policy growth
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NewsLexisNexis launches motor-risk scoring system to help better predict losses
Attract™ for Motor launched to give insurance providers an immediate understanding of risk
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NewsInertia is “going to kill” industry players – Pegasystems director
Insurers and brokers must invest in IT and agility if they are to face up to emerging threats, says Pegasystems’ Tony Tarquini
