Claims – Page 525
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News
Aquilo sells business units after delisting
?Claims specialist Aquilo has sold two of its business units a week after delisting from the stock market. Aquilo’s building claims business, AIRS, has been sold to building maintenance company Rok for £2.1m. Meanwhile Aquilo’s home contents replacement service, ABS, has been bought by Powerplay Direct, for an undisclosed price. ...
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News
Sanctions loom as market misses reform targets
Failure to reach 60% uptake of A&S repository raises questions of data quality
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News
Industry calls for action to cut construction death toll
The insurance industry has warned the government that it must be prepared to take tough action against companies which flout health and safety rules, if it is to slash the number of deaths at construction sites. Government officials, the construction industry and trade union representatives met this week to hammer ...
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News
Insurers win first round in Tesco’s £155m tunnel collapse claime
Defendant insurers have won a preliminary battle against Tesco in its £155m legal battle, relating to the Gerrard’s Cross tunnel collapse. The court narrowed the scope for Tesco to claim back money it paid out to the Chiltern Railways following the collapse of the tunnel in 2005.In a preliminary ...
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Mobiles put drivers at risk
Using a mobile while driving is as dangerous as drink driving
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Aquilo's home contents replacement business sold
Aquilo Business Solutions bought by Powerplay Direct
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Insurers need to improve on climate change
Andrew Holt finds that some insurers have been slow to act on developing climate change strategies
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Axiom strengthens Consulting team
PI specialist and former GE Insurance Solutions employee appointed
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Sending the right message
RI3K's partnership with Kewill could save the industry tens of millions
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UK insurers face data threat over floods claims
Few insurers take sufficient measures to ensure that their data can be accurately profiled
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Features
A hard Act to follow
The Corporate Manslaughter Act will push health and safety issues into boardrooms, but what can brokers do? asks Anita Anandarajah
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News Analysis
Independent: the case so far
Michael Bright stands firm under cross examination from lawyers acting for the Serious Fraud Office
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News
Ex-Chubb head to lead Lorega's UK expansion
?John Sims, the former head of Chubb’s personal lines operation, has returned to the market as chief executive of claims specialist Lorega. Sims, who resigned suddenly from Chubb five months ago, will spearhead Lorega’s UK expansion plans. Lorega helps commercial and personal lines brokers and their clients negotiate ...
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News
Industry backs ABI's climate change initiative
The ABI is launching a major industry initiative today to combat climate change on a global scale with the backing of all the major insurers. Insurers, including AXA, Aviva, Royal & SunAlliance and Lloyd’s, have signed up to the initiative which sets tough targets relating to climate change. An ...
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News
Monte Carlo: reinsurance rates face 15% drop at renewals
Reinsurance rates are set to tumble further in the 1 January renewal season, senior executives predicted this week.Further consolidation was also predicted in the coming year. Senior reinsurance figures said this week at the annual reinsurance Rendezvous in Monte Carlo that competition and excess capital could push prices down by ...
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News
Aquilo to de-list from AIM as IT business flounders
Struggling claims specialist Aquilo is to de-list from the stock market and has put its IT claims handling business into administration. The decision to de-list from AIM was taken at the company’s annual meeting this week. Aquilo said the benefits of listing on AIM no longer outweighed the ...