Claims – Page 255
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Crawford announces further restructuring as nine month profit down
Separately the third quarter results show improved performance
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Allianz UK profit drops as ‘corrective action’ taken in private motor
The insurer has also increased premiums in motor ahead of claims inflation
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China explosion eats into Berkshire's underwriting profit
Company expects £86m claims bill from event
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Quindell plans to change name to Watchstone Group
Company also plots to share merger and reduction of capital
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Ex-prison mates get suspended sentence for £16k crash for cash con
Kais Bougoussa and Moez Chammeme tried to defraud Admiral in £16,000 whiplash claim
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Couple ordered to pay £3k after trying to defraud RSA
Parveen Akhtar and Mohammed Khan had to pay exemplary damages over ‘fundamentally dishonest’ claim
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IAG boss: Insurance disruption tops my agenda
Former Aon UK boss Peter Harmer outlines vision for Insurance Australia Group
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Agenda
Analysis: Poor grasp of cyber risk leaves businesses vulnerable
Few UK companies are aware enough of the growing threat to have cyber insurance, and some brokers are not selling cyber cover simply because they don’t understand the risk
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Job change could affect car insurance
USwitch survey finds 60% of drivers could have invalid insurance after failing to register job change
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IFB consults on expanding membership to third party providers
IFB fraud data sharing could extend beyond insurers to supply chain
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Ageas’s Watson: CMA probe failings driving up motor claims costs
Company will sacrifice home insurance volume to stay profitable, chief executive says
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Apollo ‘no longer interested’ in buying Xchanging
Withdrawal could pave the way for Capita takeover
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Briefing: Why cyber is a fantastic sales opportunity for SME brokers
A report by KPMG reveals the huge cyber threat to SMEs. Brokers must take centre stage in helping their clients wake up to the threat
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Insurers trusted less than bankers, says ABI's Evans
ABI chairman seeks to tackle poor public perception of insurance
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ABI to publish claims acceptance data
ABI chairman Evans hails ‘watershed moment’ to reasssure customers
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MPs don't rule out future Laspo inquiry
Transport committee chair Louise Ellman concerned at Laspo’s problems
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TalkTalk hackers stole almost 1.2 million names and numbers
Almost 21,000 bank account numbers and 28,000 obscured credit card number were also accessed
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Allianz is lead reinsurer for doomed Russian plane
Allianz corporate and speciality division confirmed as reinsurer as terrorist attack is not ruled out
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Analysis: Crawford feels the pain of a changing claims market
Loss adjuster banking on technology as tough market conditions and low claims levels put pressure on profits and share price