Claims – Page 293
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Agenda
Insurance is still in the digital dark ages
Delegates at a London technology clinic were told industry’s complexity was a brake on digital advance
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IT Events
Fraud charter: some progress in beating fraud, but more needs to be done
Transport Select Committee chairwoman Louise Ellman tells Fraud Charter she has worries about progress
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Ship owner wins $14m cocaine smuggling payout
Lloyd’s insurers had refused to pay after ship impounded in Venezuela
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Asos slammed for using insurance fire payout to support profits
Online fashion retailer Asos has come under attack for using a fire insurance payout to support projected profits.Asos received a £6.3m insurance payout to cover lost stock and business interruption following a fire at its Barnsley warehouse in June.Asos said it used the money to fund ...
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Tesco crisis could lead to multi-million pound D&O claims
AIG and Ace are understood the be main D&O capacity providers for the troubled supermarket
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CMA to investigate Crawford's £45.8m acquisition of GAB Robins
The Competition and Markets Authority is concerned competiton could suffer as a result of the deal
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News
CMA clears Xchanging’s purchase of Total Objects
Acquisition of insurance software house to complete on 23 December
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News
Insurance Times investigates collapse of unrated insurer Millburn
Revealed: the remarkable story of the first insurer to fall under the watch of the PRA
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More than 100 companies go live on MyLicence
But aggregators are still to sign up for the initiative despite ongoing talks
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News
Quindell hires PwC to review its accounting policies
Board says it is ‘satisfied’ with trading performance despite recent upheaval
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News
Ex-soldier and wife jailed for defrauding AIG of £70k
Couple falsely claimed their son was blinded in accident, IFED investigation finds
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News
Judge rejects motor fraudster's bid for freedom
Balraj Singh Thumbe told fraudsters ‘have to expect significant terms of imprisonment’
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Aviation industry getting safer but claims costs are rising - Allianz
There are now fewer than two passenger deaths for every 100 million passengers on commercial flights but risk exposure could tip $1 trillion by 2020
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The AA calls on the insurance fraud taskforce to show its teeth
The broker wants the group to introduce new measures such as increased rehabilitation and limits on when a claim for whiplash can be made to fight back against fraud
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Xchanging's Agencyport acquisition sent for further competition review
The Competition and Markets Authority is concerned that the merger may lead to higher prices or a reduction in choice or quality
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AXA chosen as partner for driverless car testing
Trials will be run in four cities across the UK
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IT Awards 2014: Insurer Claims Initiative of the Year - Legal & General
Senior executives from Legal & General spoke to Insurance Times news editor Elinor Zuke about picking up the award
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News
IT Awards 2014: Excellence in Commercial Broker E-Trading - Knightsure
Managing director Tony Knight spoke to Insurance Times’s Matt Scott about how the broker excels in e-trading commercial lines
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IT Awards 2014: Customer Champion of the Year - Covéa
Covéa Insurance claims director Adrian Furness speaks to Insurance Times news editor Elinor Zuke about the win