Claims – Page 204
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NewsTelematics saved UK drivers £160m in 2017
UK drivers saved around £167 through usage-based insurance (UBI) policies
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NewsSchemeServe expansion "reflects demand for insurtech"
SchemeServe grew 15% in the last six months, which it says ”has been fuelled further by the race for brokers to reap the rewards of the Insurtech revolution.”
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NewsAllianz pumps $96.6m into microinsurer BIMA
Microinsurer BIMA will benefit from a $96.6m investment from Allianz X
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NewsLemonade raises $120m in latest funding round
US insurtech disruptor Lemonade raises $120m in latest funding round
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NewsRisk of young driver accidents increases 12% in winter months
Insurethebox urges young drivers to take care in the winter months, as its driving data shows the likelihood of a crash increases by 12%
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NewsDon’t get caught out by festive flooding, warns the ABI
After three storms caused £1.3bn of damage around the festive period in 2015, insurers are ready to respond to any flooding that takes place this year
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NewsNon-standard property MGA joins Acturis e-trade platform
MGA U-sure becomes “first” non-standard property provider to be added to Acturis’ e-trading platform
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NewsAviva paid 96% of claims in 2016, worth over £2.7bn
Aviva paid £2.7bn last year in cash settlements and services to more than 775,000 UK customers
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NewsAllianz appeal finds claims company inflated costs by 75%
Allianz challenged GSD Law Ltd after they submitted costs of £225,000 for several low-value injury claims
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News“Hackers are targeting school fees,” warns cyber insurance firm
Cyber Decider warns parents that their children’s private school fees are the top target for cyber criminals
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NewsCar insurance app raises over £300,000 in first week of crowdfunding
Honcho raises almost half its £650,000 target in its first week of crowdfunding
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NewsNew surveillance technology launched to fight fraud
New Video Surveillance as a Service (VSaaS) system, Ocucon launched to fight fraud
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NewsMcLarens hires Cunningham Lindsey big hitters for new HNW division
Loss adjuster McLarens prepares to open a new HNW division in January and hires two members of its senior team from Cunningham Lindsey
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News2018 predictions: Motor insurance “firmly back in the black" - EY
EY UK general insurance leader Tony Sault predicts a bit of welcome relief for the motor insurance industry in 2018. However, things are not looking up for the home insurance market.
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NewsDavies Group enters Countrywide PLC partnership
Davies Group will provide professional indemnity claims administration services for Countrywide PLC
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NewsDLG-backed insurtech appoints board and plots for “rapid growth cycle”
Hiscox’s Martin McBrearty and Direct Line Group’s Adam Whitely join insurtech Canopy’s board, as it plans for a “rapid growth cycle”
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NewsMan sentenced after 13 fraudulent claims for damage to his car
Neil Oldfield tried to claim 13 times for damage to his car caused by HGV drivers, one of whom quit his job as a result
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NewsAutonet to offer telematics at point of sale
Octo and Autonet partner on telematics to allow the vehicle insurance broker to provide telematics devices at point of sale
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NewsAllianz-backed insurtech company announces new CEO and £2.5m of capital
Quantemplate announces David Lundgren and new investment capital to support further expansion into UK, US and European markets
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News£2.7bn paid out for minor injuries over two years
Whiplash and minor injuries reform inaction has left motorists picking up costs of £5m per day since George Osbourne’s 2015 Autumn budget, says Aviva
