Claims – Page 43
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Analysis‘Significant spike’ in tool theft claims poses fraud risk
With ‘the value of these individual claims getting higher’, insurance fraud experts must be alive to cost of living linked inflated claims from end customers and tradespeople
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NewsAnti-fraud focused OIC portal amendments are vital for the future
The current portal’s set up is a ‘fraudsters’ paradise’, says Carpenters Group director
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IT InterviewYonatan Hatzor: The parametric MGA focused ‘on a big problem and not a solution’
Fresh from success at Lloyd’s Lab, the MGA has ambitions to provide ‘a more holistic solution to cover any type of downtime’, says chief executive
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NewsExactly 94% of businesses are satisfied with their insurer service – DWF
A lack of empathy and support from insurers was a key complaint from younger insureds, however
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NewsTop Premier League clubs to pursue BI claim against major insurers
A ruling in this case could represent a ‘new test case’ for business interruption claims
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NewsRegulation becoming ‘almost inevitable’ as cyber threats increase
The cyber threat environment is ’incredibly volatile’, adds chief executive
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NewsAviva reports 5% general insurance GWP uptick for 2022’s first quarter
But the insurer’s UK COR for general insurance has worsened by 7.3 percentage points year-on-year
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NewsNuvalaw welcomes four new law firms to its ADR platform
One law firm hopes the resolution will become an ‘industry blueprint’ for tackling OIC-related issues
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Analysis‘Only a matter of time’ until parametric insurance becomes the norm
Industry experts estimate that cover for IT downtime will be ‘the next stage of growth in parametric insurance’
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Sponsored ContentWinn Group: The value of a 24/7 operation within the accident management and insurance sectors
Winn Group’s head of business development, Mark Pallas, examines why the use of 24/7 services has increased exponentially in both the accident management and insurance industries in recent years.
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NewsFCA’s general pricing rules drive up van insurance premiums by 6.3% - Consumer Intelligence
The pricing expert believes that the regulator’s movements are hampering cheap market deals
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NewsAdam Winslow: Managing inflation means separating commercial lines from personal lines
Despite the challenges of inflation, there is an opportunity for both insurers and brokers to do ‘really well’ through better understanding insurer risk appetite, says UKGI boss
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IT InterviewMark Wood: Breaking even a ‘priority’ for Ondo ahead of fulfilling market expansion ambitions
The insurtech has plans to expand into colder climates, using IoT-based detection device to tackle escape of water claims
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NewsNatural catastrophe claims knock Q1 P&C operating profit for Allianz Group
Chief executive states that the insurer’s ‘results demonstrate that our business can withstand significant geopolitical and economic pressures’
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NewsBackchat May 2022
An AI-inspired podcast, a fraudulent butcher, payouts following the sinking of the most luxurious ocean cruise liner ever built and lunching with a sporting star. What has the insurance industry been up to lately? You heard it here first…
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AnalysisOpinion: Hybrid ‘new normal’ yet to be clarified across UKGI
Editor Katie Scott discusses the appetite around industry in-person gatherings ahead of this year’s Biba conference
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Sponsored ContentPredictive analytics tools deliver insight and efficiency - Gallagher Bassett
Gallagher Bassett chief client officer John Fearn talks about how leveraging technology and innovation can accelerate the claims lifecycle
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Sponsored ContentFirms must think fast, move fast and plan ahead in order to thrive - Winn Group
Chris Birkett, chief executive of accident management firm Winn Group, discusses the impact of the Civil Liability Act on the sector and looks at how to succeed in a challenging market
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AnalysisGap insurance fraud seeing ‘a huge uptick’
As whiplash claims have become less attractive to potential fraudsters thanks to the Civil Liability Act, could gap insurance become a new problem area?
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AnalysisBriefing: LiPs not ‘disadvantaged’ by OIC process despite industry-wide concerns
Law firm argues that OIC portal process is not a ‘disincentive’ because LiPs are ‘clearly able’ to submit and progress claims
