Claims – Page 309
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Online onlyAggregators warming to MyLicence initiative
But cost of the project to verify driving information at point-of-quote could surge if price comparison websites fail to get on board
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Nationwide arrests as IFED cracks down on travel insurance fraud
Suspect claims included theft of £3,000 worth of clothing and mobile phones allegedly stolen from a Baghdad taxi
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Motor insurance set for return to losses - EY
Decreasing reserve releases mean underwriting profits will be hard to maintain
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News
Trade credit claims to rise further - Marsh
As firms look to grow they will over-stretch themselves financially
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News Analysis
Underinsurance threat to classic car owners
Soaring classic car values could leave owners seriously out of pocket in the event of an insurance claim, according to the country’s largest specialist broker and Biba.Adrian Flux Insurance Services has written to thousands of policyholders it fears are at risk of underinsurance as the rising value of their vehicle ...
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News Analysis
QBE calls for changes to EL portal to combat deafness claims tide
Portal should handle multiple defendants and lengthen 30-day response deadline
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Breaking NewsWhite vans tops list for 'cash for crash' targets
Almost one-third of all deliberate collisions in the past 12 months involve light commercial vehicles
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AgendaHow hacking can save your business
It may sound like a contradiction in terms, but hacking is a crucial weapon in the fight against cyber crime.Ethical hacking involves external testing of an organisation’s cyber security to identify any vulnerability that could be exploited maliciously, either by industry competitors, state actors or organised ...
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Validus poaches two senior hires from Aviva
New commercial partnerships director also joins from LV=
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Crash for cash fraud up 51% - Aviva
Insurer is calling for stronger deterrents to help the fight against fraudulent motor claims
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Cyber insurance set for 'significant rush to market' - Marsh
But 57% of businesses do not understand the benefits of purchasing cyber cover
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Wunelli looks to motor manufacturers as future of telematics
Telematics firm is also launching smartphone app with parent company LexisNexis in the US
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Online onlyCMA probe: Has enough been done to drive down motor claims costs?
The industry has welcomed measures to cut the price of credit hire, but subrogated repair costs could continue to damage the market
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News
Cunningham Lindsey brings forensic accountants to the UK
New division to help quantify major losses launched at Airmic
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Online onlyHow a derivatives rate rigging scandal could cost insurers money
Allegations of interest rate swap market manipulation could spark wave of costly D&O claims and litigation
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News
Vodafone to buy telematics firm Cobra in £115m deal
Company’s products include usage-based insurance and vehicle tracking
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News
Ageas unveils new household claims supplier panel
21-strong panel is a mixture of existing and new suppliers
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CMA probe: Watchdog on defensive following criticism about lack of action on credit repair
Aviva’s Andrew Morrish said there is still room for more costs to be taken out of the system
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CMA probe: Consumer rights to be set out in policy documentation
Consumers will also be verbally informed of their legal entitlements when making a claim
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CMA probe: Price cap to reduce hire rates by as much as 50%
Dual rate price cap will encourage insurers to accept liability for replacement vehicle costs within three days of receiving a claim
