Claims – Page 90
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FeaturesReal-time data set to inform menuisation-based products, but can this deliver premium savings?
The use of real-time data and the potential menuisation of insurance premiums is on the horizon, however is this an industry asset or a gimmick?
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News AnalysisGreen issues forced onto insurance agenda
This is the year where the insurance industry can no longer ignore green issues
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NewsSalvage firm recovers 3,000 vehicles in one day as storms batter UK
Copart UK says the stat ‘demonstrates the sheer scale and impact’ of recent flooding
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NewsAct now to reduce coronavirus impact, Marsh warns firms
Advice comes admid fears that the outbreak will soon be declared a pandemic
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IT InterviewAllianz: commercial property market has been ‘too cheap for too long’
The insurer’s chief executive explains how rate increases are flagging behind jumped-up claims inflation
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NewsAllianz’s operating profit nosedives by 35%
The insurer states that fire, theft and escape of water losses have detrimentally affected its commercial property business
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Features‘Incomprehensible’ policy wordings come under Biba scrutiny
The use of plain English should trump legalese and jargon where possible, but is this a viable option in the heavily regulated insurance sector?
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NewsCombined Ciara and Dennis claims approach half a billion pounds
A series of Atlantic storms have caused widespread damage and disruption to properties in recent weeks
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Online onlyAXA reports small improvement in group COR as revenue climbs 5%
UK and Ireland business boasts an uptick in profitability despite worsening current year COR
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NewsNFU Mutual to pay out around £20m for Storm Ciara-related claims
The insurer says it has received more than 2,800 claims, primarily for storm damage
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NewsSupreme Court rules against MIB in landmark legal action
The organisation will now have to compensate individual who was struck down by an uninsured driver on private land
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NewsAgeas brings its home book back into profitability
The insurer cites a pricing and underwriting revamp as one of the main causes for the turnaround
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NewsWelsh rugby club seeks donations as insurance won’t pay out for flood damage
Storm Dennis-related flooding devastated the grounds and facilities at Bedwas RFC
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IT InterviewInsurers could be on the hook for future liability says Copart UK’s MD
The US trend surrounding future liability after insurer-arranged car repairs is careering into the UK market, according to salvage firm
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NewsFCA warns on unauthorised claims management firm
The business continued to offer services, despite not being authorised to do so
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IT InterviewFive Star Q&A: Claims is the shop window for brokers says Brokerbility's Ashwin Mistry
Insurance Times speaks to Brokerbility’s executive chairman about how insurers and brokers can provide 5 star service to customers
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NewsAgeas to underwrite new home insurance products for Post Office Insurance
The organisations have agreed a five-year partnership
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NewsInsured losses due to Storm Ciara set to reach €1.9bn
In the UK, 675,000 homes lost electricity because of the windstorm, as well as a further 10,000 homes in Ireland
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NewsTowergate offers advice on tackling Dennis menace
The UK is already recovering from the aftermath of Storm Ciara
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IT EventsHigh net worth individuals are ‘low-hanging fruit’ for cyber criminals
UK Global Broking Group told BrokerFest 2020 delegates that awareness training is key to eliminating carelessness when it comes to online safety
