Claims – Page 545
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Online onlyZurich puts UK weather losses below £200m
Claims payments related to UK floods not to exceed $400m (£197m)
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News
IFB seeks to expand as fraud scams cut by a third
Investigations and arrests lead to saving of £15m in first year of operation
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News
Acturis seeks acquisitions
Software house Acturis is to begin making acquisitions and is looking to grow internationally. The company, which is currently focused on the UK insurance sector, is also looking to widen its target industries. Chief executive Theo Duchen told Insurance Times: “We are looking at acquisitions at the moment. We are ...
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Halifax hires GAB for subsidence work
GAB Robins will handle and coordinate subsidence overflow work for Halifax
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Online onlyUK property sector set for big loss, says S&P
Standard & Poor's predicts that the current severe weather events will probably leave the property sector's overall underwriting result in the red for the year.
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Beazley announces record profits
Beazley Group doubles profits in first six months of 2007
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Online onlyFlooding into the red
Insurers' profits are set to take a downturn on the back of 2007's savage weather
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Thousands of property owners playing ‘flood roulette’
Confused.com MD urges property owners in flood prone areas to ensure adequate protection
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Online onlyTawa goes public
Run-off specialist Tawa is looking for further acquisitions after its listing on AIM
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News
Aon calls for clean up cost clarity
Government must provide answers on who should provide liability of any legacy contamination says broker
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News
DWF targets claims handlers
Insurance specialist law firm DWF is looking to buy businesses to develop its claims handling expertise for insurance companies. The firm, which acts for Royal & SunAlliance and Norwich Union, confirmed it was in talks to acquire a number of businesses. Partner Anthony Hughes said DWF, which has offices ...
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C-ZoneTaking advantage of claims audits
The claims audit process is a valuable tool in improving management systems. Alan Speyer says a full process review is an opportunity not to be missed
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Online onlyUK floods not as costly as repeat of 1947, says RMS
1947 flood would have resulted in insured losses of £4.5bn to £6bn if it reoccurred today
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Online onlyFlooding will not sink insurers
Fitch Ratings says that floods will not impair insurers ratings
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Brit announces restructuring
Changes include introduction of new underwriting forum, creation of two new claims divisions and appointment of three new execs
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Online onlyFitch says flood damage could exceed £3bn
But expects the flooding to have a limited rating impact on UK insurers
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Insurers bailing as fast as they can
Insurers pulling out 'all the stops', says ABI's Nick Starling
