Claims – Page 259
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NewsHailo co-founder warns against uninsured 'Wild West' drone users
Jay Bregman whose firm also develops control systems for unmanned aircrafts said cover was needed in case of accidents
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AgendaAnalysis: USA years ahead of UK on cyber
Lack of understanding of threat means UK cyber insurance market is underdeveloped, but new EU law forcing companies to report breaches may create greater awareness of risks
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NewsABI sets out insurer commitments to help Storm Desmond victims
The commitments enshrine our promise to customers on what they can continue to expect from us - ABI
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NewsGovernment sets up £50m flood emergency fund
Cash grants to homes and businesses to help recover from Storm Desmond damage
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Online onlyStorm could add 7 points to UK home combined ratio - Fitch
Fitch says insurers can handle Desmond losses but ability to absorb further loses is weakened
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AgendaEU lawmakers in milestone ruling on cyber security
Insurers and brokers remain unsure on how best to rate and sell cyber
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NewsXchanging's board backs increased CSC takeover bid
CSC’s original offer of 170 pence per share was trumped by Ebix at 175 pence per share
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AgendaCunningham Lindsey using drone technology to assess Storm Desmond
Around 3,000 homes have been flooded
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AgendaRevealed: Insurance’s home-grown disruptors
While many established insurance firms struggle to innovate, others are changing the market.
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NewsFOS receiving growing number of complaints about premiums
Some insurers are offering cheap premiums to new customers but longer-standing policyholders see year-on-year increases
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NewsAnalysis: Actuaries' data shows CMCs still fuelling whiplash claims
Institute and Faculty of Actuaries says reforms have had no effect with lower number of CMCs seeing sharply higher turnover
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NewsAviva to invest £100m in technology start-ups
Insurer launches Aviva Ventures venture capital arm
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NewsStorm Desmond could cost insurers £325m
Total cost of damages could be £400m to £500m, PwC insurance head predicts
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NewsAdmiral ‘most exposed’ to bodily injury claims cost rise - analyst
Macquarie expects insurer to be hit hardest because it underwrites a greater proportion of younger drivers
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NewsDirect Line deploys ERNIE to aid Storm Desmond victims
Insurer sends specialist Land Rover to contact hard-to-reach customers in flooded areas
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NewsInvestment in flood defences must increase - PwC
Defences in some areas of UK were unable to overcome Storm Desmond despite being built or upgraded in recent years
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NewsStorm Desmond drives four-fold increase in customer calls to Allianz
AXA has put in extra staff in claims centres to deal with surge as industry braces itself for more rain
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NewsABI moves to reassure customers about insurers' response to floods
Currently there are 46 severe flood warnings in the North West where there is a danger to life - Environment Agency
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NewsAviva working around the clock to help flooded homeowners
Stricken Cumbrian residents looking for insurers to help
