Claims – Page 30
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NewsRevealed: Claims Excellence Awards 2023 – winners and reaction
There were some lucky double winners and some firms picked up their very first Insurance Times Claims Excellence Award at our hottest awards so far – was it you?
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IT InterviewSubsidence claims costs increasing at ‘pretty uncomfortable rate’ – Innovation Group
Insurers could end up applying exclusions in certain areas to better manage costs, says managing director
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IT InterviewJames Webster: Claims service ever more vital in the face of current challenges
While challenges persist the claims market ‘seems to have settled down’, says head of specialty claims
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NewsBelow inflation rise in combined home buildings and contents insurance costs
’Insurers appreciate these continue to be tough times for many households,’ says general insurance manager
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NewsInsurance warning as data reveals tools stolen every 15 minutes in 2022
The crime is ‘hugely disruptive for hardworking tradespeople who rely on their tools for their livelihoods’, says product manager
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News AnalysisSimon Collings: Market in transition as underwriters become more aggressive
The insurance sector is seeing signs that point towards ‘a market in transition’, says managing director
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News AnalysisConsolidation of PI law firms poses new classes of risk for insurers
Increased demands for profit at consolidated claimant law firms will come ’at the cost of the insurance industry and its clients,’ says partner
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NewsAxa Partners and Arc Legal partner with Sky over new smart home offering
The two chosen firms said the tender process for the partnership was ’very competitive’
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News AnalysisMinster Law is ‘prepared for the future’ despite financial challenges
’Nobody can be in any doubt that this is a challenging market’, says chief executive
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NewsProperty claims for flood damage significantly drop
Industry commentators believe the decrease boils down to work done by the UK government and flood resillience schemes
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News AnalysisBriefing: New injury rules getting personal as lawyers respond to MoJ
Proposed changes would represent a ‘savings windfall’ for insurers, says association president
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NewsReduced risk appetite for political violence amid increasingly ‘unpredictable’ landscape – Howden
Specialist insurance broker Howden says reinsurers have taken a financial hit in recent years
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Sponsored ContentCarpenters Group: Why are there no fraud checks on the OIC portal?
Donna Scully, director at Carpenters Group, emphasises that more data around bad behaviour on the Official Injury Claim portal must be released
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Sponsored ContentThe digital trends taking over this year – Gallagher Bassett
John Fearn, chief client officer for Gallagher Bassett UK, discusses the digital trends of 2023 and how leveraging innovation can create a competitive advantage in the marketplace
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News AnalysisOpinion: HNW clients provide unexpected fraudster pool
Editor Katie Scott discusses how the ongoing cost of living crisis is seeing high net worth individuals resort to insurance fraud – an issue that has been previously ‘masked’ according to fraud experts
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NewsNew ruling to ensure credit hire claimants must provide evidence of financial means
The ruling is expected to ’reduce friction and unnecessary legal costs from the process of settling credit hire claims,’ said Allianz Insurance
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NewsOpportunistic insurance fraud cases surge amid cost of living pressures
’Honest customers rightly expect insurers to clamp down on insurance fraud,’ says head of fraud and financial crime
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NewsDisagreement over compensation for mixed injuries causing uncertainty for claimants – Minster Law
’The personal injury market has gone through a great deal of turmoil,’ says chief executive
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NewsRevealed: Claims Excellence Awards finalists unveiled for 2023
Insurance Times shares its shortlist selected from a record-breaking number of entries, following an initial judging process
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NewsNew insurance service launched for classic car collectors
’We are proud to launch this new initiative to market,’ the managing director of automotive and specialist insurer Hagerty said
