Claims – Page 188
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Ripe launches new tailored policy service for small businesses
Ripe want to allow businesses with 10 employees or less “to build their perfect insurance policy”
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Fraudster sentenced for inflated insurance claim worth over £240,000
Alex Markham inflated the value of filming equipment stolen from him during a burglary
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The weirdest claims of 2017
From pothole mysteries to parrots in a bind, 2017 has been no stranger to weird and wonderful claims. Insurance Times has compiled some of the funniest, oddest, and downright disgusting for you to enjoy.
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Davies enhances digital capability with fifth acquisition of 2017
Davies acquires motor engineering and total loss solutions provider TLSS to form part of Davies Motor
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Telematics saved UK drivers £160m in 2017
UK drivers saved around £167 through usage-based insurance (UBI) policies
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SchemeServe expansion "reflects demand for insurtech"
SchemeServe grew 15% in the last six months, which it says ”has been fuelled further by the race for brokers to reap the rewards of the Insurtech revolution.”
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Allianz pumps $96.6m into microinsurer BIMA
Microinsurer BIMA will benefit from a $96.6m investment from Allianz X
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Lemonade raises $120m in latest funding round
US insurtech disruptor Lemonade raises $120m in latest funding round
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Risk of young driver accidents increases 12% in winter months
Insurethebox urges young drivers to take care in the winter months, as its driving data shows the likelihood of a crash increases by 12%
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Don’t get caught out by festive flooding, warns the ABI
After three storms caused £1.3bn of damage around the festive period in 2015, insurers are ready to respond to any flooding that takes place this year
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Non-standard property MGA joins Acturis e-trade platform
MGA U-sure becomes “first” non-standard property provider to be added to Acturis’ e-trading platform
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Aviva paid 96% of claims in 2016, worth over £2.7bn
Aviva paid £2.7bn last year in cash settlements and services to more than 775,000 UK customers
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Allianz appeal finds claims company inflated costs by 75%
Allianz challenged GSD Law Ltd after they submitted costs of £225,000 for several low-value injury claims
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“Hackers are targeting school fees,” warns cyber insurance firm
Cyber Decider warns parents that their children’s private school fees are the top target for cyber criminals
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Car insurance app raises over £300,000 in first week of crowdfunding
Honcho raises almost half its £650,000 target in its first week of crowdfunding
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New surveillance technology launched to fight fraud
New Video Surveillance as a Service (VSaaS) system, Ocucon launched to fight fraud
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McLarens hires Cunningham Lindsey big hitters for new HNW division
Loss adjuster McLarens prepares to open a new HNW division in January and hires two members of its senior team from Cunningham Lindsey
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2018 predictions: Motor insurance “firmly back in the black" - EY
EY UK general insurance leader Tony Sault predicts a bit of welcome relief for the motor insurance industry in 2018. However, things are not looking up for the home insurance market.
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Davies Group enters Countrywide PLC partnership
Davies Group will provide professional indemnity claims administration services for Countrywide PLC
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DLG-backed insurtech appoints board and plots for “rapid growth cycle”
Hiscox’s Martin McBrearty and Direct Line Group’s Adam Whitely join insurtech Canopy’s board, as it plans for a “rapid growth cycle”