Claims News
CCTV exposes jailed fraudster in bus crash scam
The fraudster claimed to be severely injured when a bus hit his car… except he wasn’t in it
MASS accuses MoJ of ‘cutting corners’ in whiplash portal development
In a letter sent to Rt Hon David Gauke MP, MASS says the MoJ is “cutting corners” and choosing “the worst option available” to meet a “policitcally driven deadline”
Average cost of inland flooding three times more without defences
Industry calls on government to increase flood defence spend following the release of research by the ABI
Trio jailed for £28k crash for cash whiplash fraud
The trio were travelling at 50mph on the motorway when they performed and emergency stop, causing a crash
Travel payouts at its highest level since 2010
ABI figures show the average medical claim on travel insurance surpassed £1,300 for the first time ever, yet premiums are down
MIB loses court ruling opening it up to private land claims
Ruling could have major implications for claims costs
Allianz announces further cuts to claims staff as 128 put at risk
Allianz first cut claims staff last year, when 80 were lost when it closed its Manchester call centre and merged its Bristol and Milton Keynes centres
Value of fraudulent claims drops by 11% – Aviva
Aviva detected 16,700 fraudulent applications for policies in 2018, an increase of 20% compared to 2017
Zurich-backed insurtech looks to revamp travel market with mobile claims service
FSCS pays out £6.9m to Alpha taxi policyholders
Car theft payouts hit seven-year high as it passes £1.2m per day
CFC’s Graeme Newman on how new platform can 'revolutionise' broker cyber sales
New technology helps Direct Commercial cut claims costs by 34%
Claims Awards 2019 winners revealed
Mactavish to pursue £30m disputed British Steel claim against Zurich and other insurers
ACSO calls for additional reporting for motor insurers in CLA response
Hotel owner sentenced for £400k fraud attempt
Aviva launches self-booking service for motor claims
Exclusive: Former Ageas director joins motor salvage company
Waterlock leak detection system gets commercial launch at Biba
FSCS declares three insurance firms in default
Home & Legacy to launch claims journey online
GoCompare becomes first aggregator to be named IFB member
Bishop jailed for ID theft of community members for insurance fraud
LV= to launch multiple AI fraud initiatives 'by the end of the year'
Claims Analysis
The motor market will get tougher before it gets better - Covéa chief
Covéa chief executive James Reader talks to Insurance Times about the increasingly difficult motor insurance market, while announcing measures to reduce car theft through keyless technology
'Deliver underwriting profit, or risk the loss of capacity' - GRP Underwriting boss
GRP underwiting CEO Clive Nathan speaks to Insurance Times, identifying which MGAs could struggle in the future
Allianz can weather claims inflation storm, insists Dye
Fundamentals such as underwriting and pricing key to surviving in the market
Government strategy boosts industry efforts to improve flood resilience
The Environment Agency has launched a long-term strategy to tackle flooding and coastal change
