Latest News – Page 447
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NewsInsurers braced for Thomas Cook claims as travel firm goes bust
The travel agent is being supported by the Civil Aviation Authority
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Online onlyArron Banks' Eldon Insurance sees profit rocket
The broker is now focusing on artificial intelligence and machine learning as it targets further growth
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NewsLoss adjuster appointed for Blenheim Palace gold toilet claim
Extensive damage was caused when the fully plumbed piece of art was ripped from the wall causing escape of water damage to the palace
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Online onlyLloyd’s margins are ‘too thin’ for major catastrophe losses
Declining reserves and thin underwriting margins concern analysts at half-year results
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NewsPikl relishing challenges ahead amid expansion
A substantial funding round has put Pikl in good stead as it grows its team and business
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FeaturesWhy Ogden is not over yet
The Ogden discount rate may have been set for the next few years, but that does not mean the changes are over. Insurers are still working out what a negative discount rate means for the industry, and further changes may be appearing on the horizon sooner than many may realise
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NewsEcclesiastical’s UK GI managing director to retire next year
He has spent 35 years working in insurance
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NewsSaga to sell specialist motorbike business
Next year it will be putting some other brands on the market
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NewsZurich Municipal calls for action to tackle lack of school fire protection in England
Five of the biggest fire protection risks include lack of sprinklers, building combustibility and modern construction methods, fire detection, arson, as well as housekeeping and smoking controls
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Online onlySaga insurance profits dive in ‘challenging market environment’
Broker challenged by regulatory crackdown on dual pricing and tough market conditions
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NewsNew research to fight against ‘crash for cash’ fraudsters
Differing damage patterns claims to show clear evidence of a genuine collision and a staged collision
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NewsNeal ‘devastated’ by Lloyd’s sexual harassment report
Culture survey following harassment report findings to be discussed next week
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Online onlyEx-Quinn Insurance director abducted and ‘badly beaten’
Kevin Lunney beaten and left at the side of the road
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IT SpotlightsClive Nicholls to retire from Crawford and Co
He has worked at the firm for over a decade
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Online onlyLloyd’s posts £2.3bn profits but underwriting deteriorates
Lloyd’s boosted by strong investment performance but much work remains on underwriting
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NewsAzur broadens high net worth offering alongside broker solution
It solves a key problem for brokers
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Online onlyClaims Consortium Group seals deal for Stream Claims Services
Chief executive Jeremy Hyams said the acquisition will “create a scalable adjusting service”
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NewsWorcester Park fire reawakens concerns over modern methods of construction
The insurer is working with the Metropolitan Thames Valley Association to ensure residents receive needed support
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NewsAnalysis: The challenges motor (re)insurers face amid Ogden reform
Changes to Ogden every five years, reinsurance price changes and rising cost of care are just some of the challenges post-Ogden change
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NewsJLT staff exodus not a crisis, insists Marsh’s Dan Glaser
Several senior figures have left JLT, but rate of attrition not out of the ordinary, Marsh insists
