Claims – Page 332
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Fraud up by 77% as ghost brokers hit hard
Exclusive data from Experian looks at how fraud has changed over the past 12 months, and what groups of individuals are behind the ever-increasing levels of insurance fraud
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Aviva criticised for Dorset storm response - reports
Homeowners say the insurer has failed to act quickly enough
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Agenda
ABI confirms £11.7m investment in IFED
Police department will use the money to recruit more detectives
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News
Admiral buys Guidewire's policy and billing software
Admiral has signed a deal with Guidewire that it says will let it develop and change its policies faster.It will move its policies and billing operations to Guidewire PolicyCenter and Guidewire BillingCenter.Admiral Group head of IT Charlotte Bennett said: “We were looking for policy and billing systems that would allow ...
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FCA: Add-on distributors have ‘clear point of sale advantage’
Regulator says market power of distributors means insurers receive less than 8% of the premium for certain add-on products
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MIB: technology is the way forward in the fight against motor fraud
The launch of My Licence and the no claims database will be a step change for the industry
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News
ABI: UK flooding and storms to cost insurers £1.1bn
Updated estimate includes £446m of flood claims from 23 December to 28 February
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Online onlyThe role of politics in inflating the cost of insurance claims
When claims become politicised the costs can snowball. So how do insurers prepare and price for such an eventuality?
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Online onlyInsurance Times Claims Report
The Insurance Times Claims Report examines the big issues affecting this vital market sector, from regulatory reform to the emergence of new technologies, and looks at the challenges and opportunities for insurers.
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Equity goes live with Quindell IT systems
Quindell won tender to replace legacy systems at the insurer
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Co-op launches flood initiative for affected home owners
Scheme will provide advice on flood resilient repairs and help home owners apply for government grants
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Biba seeks clarification on Law Commission claims rejection changes
Biba wants to ensure brokers will not have extra responsibilities regarding disclosure requirements
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Insurers failing to engage with customers through social media – Autoglass
Insurers must do more to interact with customers through social networks
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NewsRSA and Aviva got burnt by professional indemnity claims. So why does AXA think it can make it work?
Insurer gets ready to storm the regions as others pull back and strengthen reserves
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News
Capita names Colin Grint as corporate insurance chief
Former Marsh UK exec will oversee Capita’s MGA and managing agency units
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Agenda
Insurance fraud rose 22% in 2013 - CIFAS
Application fraud increases by 11%, and false insurance claims by 22.6%
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AgendaApprenticeship schemes: are they really worth it?
Mid-way through National Apprenticeship Week, we take a look at how the insurance industry is nurturing the next generation
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News
Insurance turnover up 6% at Moneysupermarket.com
Traffic bounces back after aggregator lost out from Google’s algorithm change
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News
Credit hire agreement has not been 'fully effective' - ABI
And the ABI says the Competition Commission remedy around daily hire rates needs to be carefully implemented
