Claims – Page 659
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Accidents will happen
The claims culture is being fuelled by the practice of no win, no fee cases - it seems the claimant has nothing to lose. But do insurers know what they have let themselves in for? Alison Boyle and Yvette Essen report.
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Loan rangers
Despite the concentration of the premium finance market in the hands of a few very big players, there is general agreement that the sector is always open to new competition and that if the new entrants know what they're doing it will be a healthy development, reports Claire Veares.
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Posh policies
As more houses and their contents are high net worth, the industry should sell more policies to reflect this reports Christopher McKevitt. And customers should work out whether they would be fully covered if their home fell foul of the weather.
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Going home
Travel assistance is there for the big holiday problems such as accidents and illness, and less serious ones such as an excrement-scented hotel room. As more people visit exotic places, the industry is gearing up, reports Christine Seib.
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The crowded market
It may seem that every Tom, Dick and Harry is now trying to sell travel insurance. And it is true that the list of players is growing. But Mike Cooper finds that nearly 70% of policies are still sold by travel agents and the market is changing.
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Knowing me
Insurers are increasingly using vast amounts of information - ranging from crime patterns to historical data - in the process of analysis and underwriting. Kathryn McCarthy reports on the new trend.
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New net sites flavour of year
The internet dominated technology news in the personal lines sector this year, Among the new launches was Gosure.com , a subsidiary of Columbus Financi ...
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It's getting better
Market rates in the personal lines sector are showing positive signs of a change.According to Nigel Munns, an associate with analysts Bacon and Woodrow, 1999 FSA returns showed that the gross wri ...
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Three little gems
Among some of the schemes launched in the personal lines sector this year was the Insurance Industry Award winning Engine Breakdown Cover scheme. Another scheme, from the Birmingham Assay Office, ...
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Clothes and cover off-the-peg
When giant retailer Marks & Spencer announced its full scale assault on the general insurance market with the launch of its branded household cover at the end of September, it claimed it was throwing ...
