Claims – Page 238
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NewsBrightside to launch online van product on aggregators
Brightside will launch its online van product on price comparison site Compare the Market tomorrow (6 July). The broking group’s van proposition director Neil Laird said the company is expecting to sign deals with other major price comparison sites “during the next few months”. Brightside launched ...
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NewsInsurance is 'playing catch-up' to other industries: LMG chief exec
London Market Group (LMG) chief executive Ben Reid has said the insurance industry is “playing catch-up” to other industries and needed to embrace modernisation. Reid said the LMG’s agenda is to “build and maintain London’s position and reputation as the global centre of insurance excellence”. Reid ...
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NewsEast London 'worst for uninsured vehicles'
East London tops the list of UK’s uninsured driving hot spots, according to Churchill Insurance. East London has the highest proportion of uninsured vehicles at 13.4%, but Birmingham has the most uninsured cars with 55,142 uninsured vehicles. Across the UK, there are over 1 million uninsured ...
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NewsRunner ordered to pay Aviva £9,213 after ‘fundamentally dishonest’ whiplash claim
A runner has been ordered to pay Aviva’s cost of £9,213 after an investigation into his whiplash claim saw him running, hiking and working. During the court hearing at Liverpool Country Court the judge found that 29-year-old William Owen’s whiplash claim was “fundamentally dishonest”. Owen first ...
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Online onlySelf-driving car claims first road death
The driver of an electric Tesla car has been killed while the vehicle was on autopilot. It is understood to be the first road death involving a self-driving car, with American news outlets naming the driver as Joshua Brown from Ohio. “What we know is ...
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NewsMarkerstudy buys telematics broker Drivology
Insurance and broking group Markerstudy has bought app-based telematics broker Drivology. The acquisition will add over 6,000 policyholders to Markerstudy’s retail division. Drivology specialises in smartphone app-based car insurance. The company’s app monitors how safe a driver is to determine motor insurance premiums. The app determines ...
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NewsBrexit means bad news for innovation says Atidot
Start-up risk management company Atidot chief executive Dror Katzav has said that Brexit means bad news for innovation as start-ups are “businesses for immigrants”. Speaking at a London InsurTech event on June 29, six panellists shared their views on whether Brexit would impact the InsurTech wave ...
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NewsWillis’s Gaffney says risk is the future of insurance
Willis Towers Watson chief technology officer Simon Gaffney has said that there are huge opportunities in the risk market for new people entering the insurance industry. Speaking at the London InsurTech Conference on 29 June, Gaffney said that technology is transforming clients and creating new businesses ...
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NewsTech & Innovation Awards 2016 shortlist announced
An extensive array of technology firms, insurers and brokers have been shortlisted for the Insurance Times Tech & Innovation Awards 2016. These prestigious awards recognise the best applications of technology in UKGI. It is a celebration of how insurance firms and their technology partners are meeting ...
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NewsEcclesiastical publishes principles for handling abuse claims
Specialist churches and charities insurer Ecclesiastical has published a set of principles it will apply when its policyholders face civil action that includes allegations of sexual or physical abuse. The insurer hopes the principles will make the claim process clearer for victims, survivors and policyholders. Ecclesiastical ...
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NewsAnalysis: Cyber hack vs cyber leak
What’s the difference between a cyber hack and a cyber leak? It depends who you ask, and does the difference matter anyway, our sister publication, GR was told by Lloyd’s Market Association senior technical executive cyber & professional lines Tony Ellwood. What is the difference, ...
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NewsWoman sentenced over income protection fraud
A 45-year-old woman has been sentenced to eight months’ imprisonment, suspended for two years after making fraudulent claims on her employer’s income protection insurance policy. Balbinder Mahil from Luton pleaded guilty to fraud by false representation and was sentenced in May 2016. Mahil was also ordered ...
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NewsBusinessman jailed for £114,000 insurance scam against NFU Mutual
A kitchen business salesman has been jailed for three years after using fake documents to defraud NFU Mutual in a £114,000 insurance claim. Clive Thomas Wade was found guilty of fraud by false representation and sentenced on Friday 24 June at Grimsby Crown Court after a ...
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NewsInsurance saleswoman faces jail for £31k commission fraud
A saleswoman at health insurer Simplyhealth has been sentenced to nine months’ imprisonment for a £31,500 mis-selling scam. Jacqueline Buckmaster, 54, of Rumney, Cardiff, was handed the sentence, which is suspended for two years, at Cardiff Crown Court on Friday after pleading guilty to fraud by ...
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NewsVolume of claims from flash floods manageable – insurers
Insurers said the volume of claims following yesterday’s flash floods had been manageable. The worst hit areas in London were Havering, Barking, Dagenham, Bexley, Greenwich and Lewisham. AXA claims technical director Martin Ashfield said claims were still coming in, but that many had experienced flash flooding ...
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NewsChannel Syndicate appoints new head of technology and cyber insurance
Tom Allen has joined Lloyd’s managing agency Channel Syndicate’s new innovation division as head of technology and cyber insurance. Channel, a subsidiary of Lloyd’s reinsurer SCOR, said the innovation division will look at new technologies and emerging risks, including cyber. Allen worked as a lawyer before ...
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NewsUK firms to face increased cyber regulations even with Brexit
UK companies will still have to comply with new EU regulations regarding data breaches irrespective of the outcome of the referendum vote today, leading cyber risk experts at Beazley’s Hacked! Conference said earlier this week. Interest in cyber protection among UK businesses has risen sharply with ...
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NewsTowergate hires Microsoft to help with IT overhaul
Towergate has hired Microsoft as a provider of cloud-based computing as it continues to overhaul its IT systems. The broking group will use Microsoft’s Azure cloud computing platform for its data centres and staff computing will be based on Microsoft’s Windows 10, Office365 and Skype for ...
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NewsDigital Risks partners with Aviva for combined commercial cover
Digital Risks, the new digital-first broker for technology and media businesses, has announced a partnership with Aviva to launch its combined commercial product. Designed to meet the needs of fast-growth and digitally-focused start-up and SME businesses, the product is sold as a monthly subscription, rather than ...
