Claims – Page 183
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News AnalysisAXA-backed motor disruptor joins ABI and gets five star Defaqto rating
It’s been a busy time of late for pay-as-you-go motor insurer By Miles. Insurance Times caught up with the disruptor to talk about its journey so far and what the future holds for motor and insurance
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Online onlyHastings reveals its battle against the UK-wide ghost broking epidemic
Hastings fraud technology is busting dozens of ghost broking rings
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NewsTravel insurance suffers as medical expenses cost £3.9m per week
Insurers are paying record amounts for medical treatment, with the USA and cruises proving the most costly
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NewsHiscox partners with AI startup Eigen to slash costs
Eigen hopes it can help Hiscox ’transform’ its internal data processes using technology
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Online onlyGuidewire helps Hastings set new record on claims settlement
Hastings investment in tech kit means its digital tools are best in class
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NewsIGI turns to insurtech for new senior appointment
James Green joins IGI from Novae, an insurtech disruptor acquired by insurer Axis Capital last year for £468m
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NewsUniversity friends sentenced for ghost broking scam
The three former Westminster University students targeted minicab drivers
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NewsRisk management as a service – a threat to insurers
Underwriters may find they are judged by their AI algorithms in future, cloud tech firm Pegasystems has warned
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NewsThree UK insurers respond over alleged ‘climate change reporting failure’
The FCA has said it is taking ‘proactive steps’ to tackle issues over climate change disclosures in insurers annual reports
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NewsSaffron in £2.6m lawsuit after nondisclosure voids fire claim
A Saffron broker allegedly failed to check with a customer on their insolvency history, resulting in inaccuracies on the policy and the claim being denied
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NewsTechnology – making insurers future proof
Technological developments are transforming the risk landscape, introducing new and complex risks and intensifying traditional threats. The best insurers are developing new and innovative solutions to stay ahead of the game. Matt Reeves, UK business development manager at AXA Corporate Solutions, tells us more
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NewsBrightside, Be Wiser and Bedford back CDL anti-fraud syndicate
Brokers are backing the new syndicate primarily aimed at tackling quote manipulation
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Online onlyBriefing: Why RSA results show the dangers of MGAs
RSA posted an improved combined operating ratio after exiting a number of MGA deals
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NewsFloodFlash raises £1.9m funding before nationwide launch
The London-based insurtech has secured funding to back its bid to ‘close the protection gap’
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Online onlyBriefing: Motor insurers taking big risks with claims reform gamble
Insurers are being too optimistic in reaping the benefits of claims reforms
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NewsPrimary Group and Arch back new MGA of ex-AIG boss McNamee
The insurtech MGA founded by ex-AIG UK chief executive Jacqueline McNamee will be called C-Quence
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NewsThingCo addresses FNOL to give motorists 'more power' over claims
ThingCo wants to give motorists more power over their cover and claims experience, so it has brought in Industry Insights
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NewsPart-time DJ gets in a spin over fundamentally dishonest claim
Robert Fithon claimed an injury took 10 months to heal, whereas it only took five weeks
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Online onlyInsurers braced for Greek holiday home wildfire claims
Hiscox is one insurer prepared for claims
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NewsYoung drivers trigger 70% of more serious crashes
New insurethebox data reveals who would most likely benefit from new EU eCall law
