Claims – Page 65
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Sponsored ContentIs the insurance industry in danger of building the out-of-town supermarkets of tomorrow? says Stubben Edge
As featured in the Top 50 Insurers report, Chris Kenning, chief executive of Stubben Edge, explains why brokers need to engage nimble technology solutions to succeed, rather than getting locked in to monolithic systems
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News‘Data-driven world of mobility’ can be ‘real power for good’ says MIB’s Clayden
Speaking at the ABI’s virtual motor conference, the MIB boss explained that insurers need to be ‘absolutely alive’ to the opportunities presented by data
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NewsMan jailed for half a year after ‘blatant’ fraud
Man made 22 exaggerate claims after a road traffic accident in 2014
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IT Interview‘Mediocrity cannot be tolerated’ in impending LiP portal says Minster Law boss
Although the Litigants in Person portal is pencilled in for an April 2021 launch date, Shirley Woolham warns that unless it is ‘absolutely workable’, then further delays should be recommended
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NewsTesco Underwriting claims handler pleads guilty to fraud
The accused siphoned off claims payments into his own account, court heard
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NewsFCA business interruption test case appeal date set by Supreme Court
Six insurers, the FCA and the Hiscox Action Group are appealing some parts of September’s High Court ruling
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NewsRate rises fuel premium income growth for Hiscox
The insurer also saw no further rises in its Covid-19 claims estimate
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NewsTractable reveals its plans for Japanese motor insurance market
The insurtech tells Insurance Times why the Japanese motor market is different to the UK
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FeaturesTech could hold the key as Covid-19 causes BI to become a ‘surge event’
Keoghs partner explains how technology needs to be utilised in order to handle the vast uptick in business interruption claims as this typically low frequency incident becomes a ‘surge event’ following the onset of coronavirus
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NewsBury-based claims management company fined £250,000 for nuisance calls
The Information Commissioner’s Office said the firm had broken electronic marketing law
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NewsWindow cleaner confesses to fundamental dishonesty over personal injury claim
Insurer Admiral teamed up with law firm DAC Beachcroft to investigate suspicious circumstances following a road traffic accident
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FeaturesSedgwick advocates joint machine and human approach as false document fraud surges
The loss adjuster has seen an uptick in false document fraud during lockdown
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NewsTractable’s AI solution to save adjusters 360,000 hours annually as insurer partner deploys it across Japan
It solves a long-standing problem in the market with the speed at which motor claims can be solved
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NewsUndetected fraud amounts to £500m predicts Pact Global
The firm’s research reveals that 59% of respondents would commit fraud because they think they can get away with it
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Online onlyAIG shares soar on plans to carve out general insurance from life
AIG announces new CEO to take over from Brian Duperreault
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NewsCredit Hire Organisation chair Kirsty McKno steps down
Moving forward, the trade association will be managed by a strategic board, formed of senior executives from member companies
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FeaturesUK Motor Focus: Should the government remove IPT for young drivers using telematics policies?
Following the House of Commons’ Transport Select Committee’s inquiry into the reasons why young drivers are at a higher risk of being involved in road traffic collisions, industry professionals share their views on one of the main solutions proposed to the government
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Online onlyUK home insurance facing underwriting losses in 2021 - EY
Market to make underwriting losses in 2021, predicts top consultant
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NewsThe Big Question November 2020: What harm will the continued delays to the claims reforms do to the insurance industry?
While April 2021 remains the deadline for the implementation of claims reforms, the ongoing Covid-19 pandemic means that this could be postponed yet again. Ministers will need to give notice as the uncertainty of an exact date could have a knock on effect for strategic changes and investment decisions in ...
