Claims – Page 246
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NewsThatcham calls for automatic braking as standard in new cars
Safety body says all safety features should be included as standard, rather than charged-for extras
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NewsHow insurers are battling to help flood hit customers
AXA says more collaboration needed between government and industry to look at how properties can be made more resilient to floods
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AgendaInnovation Blog: Insurtech – Where is the ‘Re’?
In this blog, boutique search firm Flint Hyde’s head of insurance, Gareth Eggle, discusses the role reinsurers can play in the growing insurtech movement
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NewsFraudster sentenced for trying to con LV= out of £60,000
During investigation officers discovered that eight of 11 invoices Kaustubh Ghosh submitted had been fraudulently made up
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NewsISO launches new personal injury compensation tool
Data analysis said to help insurers determine accurate settlements
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News41% of motor and home insurance customers suffered delays in claims
However the research by Consumer Intelligence found that 84% of customers said their claims were handled fairly.
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AgendaAnalysis: Insurers must shift their focus from price to value
New data indicates that insurers are too concerned with price and not value for money, while the growing presence of disrupters in the market shows rising challenge to complacent insurers
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AgendaFlood Re will cause large drops in premium rates – PwC
PwC says that Flood Re will drive down flood victims premiums
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NewsInsurance industry has yet to 'crack' cyber offering – Aviva’s Bayles
Phil Bayles says risk of cyber-attack is a clear and present danger to all companies, shapes and sizes
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AgendaDLG expects storm claims to total £140m
Storms Desmond, Eva, and Frank wrecked havoc across northern England
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AgendaAnalyis: Why brokers face higher rates for PI cover
An increase in claims is leading some insurers to withdraw professional indemnity cover to brokers
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NewsMan found guilty of trying to defraud Esure of £6k
Mark Cox tried to claim for a Breitling watch he never owned
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NewsXchanging urges shareholders to accept CSC offer as deadline looms
CSC needs acceptances from 75% of shareholders by Friday
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NewsABI: UK floods to cost insurers £1.3bn
Average domestic flood claim payout has risen to £50,000, association says
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News‘Bomb scare’ at Munich Re underwriting agency linked to insurance claim
A man has ben arrested by armed police after a four-hour siege at marine underwriting agent Groves, John & Westrup
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AgendaAnalysis: The Knowledge – Big Data is changing everything, say brokers
A data rich world will bring huge opportunities for brokers, according to our survey respondents. But 40% said the insurance industry is worse than other sectors at exploiting all this information, while more than 90% believed they needed to work more closely with insurers to make the most of it
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NewsFloods to push industry’s home COR to 108% – Deloitte
Accounting firm predicts first home underwriting loss since 2007
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NewsBlockchain can transform insurance, says Accenture
Bitcoin infrastructure attracting investment from across the financial services industry
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NewsAviva successfully defends ‘bogus’ whiplash claims worth £250,000
46 party-goers in bus made claims despite seeking no medical help and continuing to party after collision
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NewsUK storms will significantly weaken 2015 household insurer earnings – Fitch
Ratings agency also warns that failure to keep up flood defence spending could lead to higher-than-expected claims for the UK’s Flood Re scheme
