Claims News

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Insurers express frustration at IFED scale back

Insurers are mostly frustrated at the cut backs, but one insurer says it is pleased the unit is being more selective

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Exclusive: IFED confirms 'scale back' as it comes to terms with referral demand

Acting DCI Craig Mullish says IFED has been operating “beyond optimal capacity”

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IFED 'struggling with volume of referrals' - sources

According to sources, insurers are having to find new avenues for prosecution as a result

ERS reserving

Admiral chief exec calls out “unfair” IPT for younger drivers

Insurance premiums for males were higher, with the average policy costing £2,294 for a 17-20-year-old in 2018, compared to £1660 for females

Claims winners

The Claims Awards entries are now open!

Get your entries in now before the deadline on 13 March!

Brightside

Exclusive: Markerstudy-owned firm launches new online ADAS portal

The portal will serve as an online resource on all vehicles in the UK

Quindell Rob Terry

Shamed Quindell founder raises £25m for new business

Rob Terry has previously said he hopes the new business achieves a £1bn valuation by 2022

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Exclusive: Former IFB boss plans resurgence of private prosecutions

The former head of investigations at the IFB is now head of fraud operations at BLM, moving back over to the commercial side of fraud

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Claims Analysis

Cyber

Cyber Insurance: The anatomy of a claim

The first in a series of case studies taking a look at the complex world of cyber claims with CFC Underwriting’s James Burns

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'Expect a major shift in fraud post-reforms,' former IFB boss warns

Jason Potter also predicts a “significant spike” in traditional fraud ahead of the implementation date next year

Enterprise

REVEALED: Insurers with the best and worst claims acceptance rates

FCA data reveals the frequency, acceptance, and average pay-out for home insurance claims

Paul Stanley high res

Paul Stanley: the insurtech boss promising to improve insurers' bottom line by a fifth

Stanley wants his firm 360Globalnet to double in size within a year

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