Claims – Page 523
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News
NU whiplash programme a success with £1.5m savings
Programme treated 10,000 people; more rehabilitation studies to follow
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News
Motor claims inflation fear
Claims inflation for motor personal injury claims could rise to unsustainable levels, a report by the IUA and ABI has warned.Massive increases in government clawbacks for health and social care have already prompted rises. The Fourth UK Bodily Injury Awards Study showed that awards for personal injury have increased ...
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News
Partnerships can help with climate threat
A leading World Bank insurance expert has said that public-private partnerships (PPPs) offered insurance companies huge opportunities in dealing with the threat of climate change.Eugene Gurenko told the Insurance Times Insuring Climate Change Conference this week: “Insurance is more and more seen as an important climate change adaptation tool by ...
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News
R&SA faces £1m bill in DAS case
A Court of Appeal ruling could put a stop to frivolous lawsuits over insurers refusing to pay car hire claims, according to DAS Legal Expenses.Royal & SunAlliance (R&SA) stands to pay legal costs in the region of £1m following a long-running dispute with DAS over the insurer’s refusal to ...
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News
Fortis targets aggregator market after acquisition
Strategy will initially focus on private motor business, before moving to household insurance
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Online only
Outsourcing provider EMR targets UK expansion
Move follows acquisition of Rubicon in May
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Online onlyMotor bodily injury claims rise to over £2bn per year
Research shows continuing claims inflation despite fall in deaths and injuries
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Online onlyWhat e-commerce means for brokers
Does the shift of less complicated risks onto online platforms make life easier for brokers, or reduce their access to underwriters?
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Online only
Former Cunningham Lindsey director joins Davies Group
Gary Liptrot appointed as director
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News
Willis partners climate study
Willis and Deloitte have joined forces with the University of Reading in an attempt to analyse the effects of climate change on business.The partnership will seek to involve further stakeholders, including insurers.Deloitte partner Lis Gibson said that the scheme would have a vital part to play in risk assessment. She ...
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News
Tele-mediation for injury claims
InterResolve has launched a telephone mediation scheme for unresolved personal injury (PI) claims, following completion of a pilot with AXA.The pilot, which began in April and involved 50 cases, successfully reduced settlement times from over 18 months to seven weeks. Despite being used across a range of claim values, it ...
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News
Industry ‘doesn’t have a clue’ on cost of fraud
Insurers do not know the true extent of insurance fraud and fraud detection methods are inadequate, experts claimed this week. Mihir Pandya, who led a forth-coming ABI study on insurance fraud, said that although the industry had made some progress in fighting fraud, there were a significant number of cases ...
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News
A lateral jump that shook the industry
Towergate’s move on Open International is a sharp change of strategy. Michael Faulkner reports
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Features
Facing down a flood of criticism
Baroness Young explains how the Environment Agency is dealing with flood defences and defends her controversial call for insurers to withdraw cover from homes built on flood plains
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News
Court to decide who pays for pollution clean-up
Insurers have warned that the outcome of a landmark case to be heard by the Court of Appeal this week could lead to pollution-related exclusions on public and general liability policies. The case will decide whether clean-up costs arising from pollution are covered by a public liability policy. Experts said ...
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News
Baroness Young defends EA over flood mapping
Baroness Young, chief executive of the Environment Agency (EA), has played down insurers’ claims that the agency is not doing enough to share its data on flood mapping.In an interview with Insurance Times, Young said that the EA, criticised for its management of flood defences, was working to help ...
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Online only
Onlyinsurance to launch online PMI product
Panel of providers to distribute products from BUPA and AXA-PPP
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Online onlyThe fine art of making money
Investment in modern art has provided fine returns, but for how long asks Andrew Holt
