All Online only articles – Page 113
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Briefing: Why does NIG need to keep cutting costs?
Insurer is planning to offshore 30 jobs to improve efficiency as sub-100% COR target looms
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Profits exposed: Admiral, DLG and Esure - who is most reliant on reserves and add-ons?
Insurance Times analysis of profits at Admiral, Direct Line Group and Esure reveals a reliance on add-ons and reserve releases. But with these revenue streams making up such an important part of their business, are the profits seen for 2013 sustainable?
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ERIC suspended from paying claims
Policy holders in limbo as the FSCS can’t step in unless insurer officially defaults
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JLT wins deal for household name client
Contract is a reputational sweetener for JLT’s sales team
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Energy insurance rates set to fall – Marsh
Increased capital from institutional investors is pushing rates down
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Towergate: Where are they now?
As the exodus at Towergate continues, Insurance Times takes a look at the top talent that has walked out the door at the broker and charts the paths their careers have taken after leaving
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MoJ portal fees could be set to increase
Any change to guideline hourly rates for claimant solicitors could lead to a review of the fixed recoverable fees for portal claims
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Claims for pothole damage increase five-fold – AA
The AA estimates 1,700 private car owners have made a claim for pothole damage during the first few weeks of 2014
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PPOs are 'fundamentally changing general insurance companies'
Research by the Institute and Faculty of Actuaries reveals how periodic payment orders are becoming increasingly important, and looks at how investment strategies will have to change as a result
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Broker 50 thrash out regulatory concerns
First Broker 50 event of the year hears how mandatory commission disclosure may yet return to IMD II
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Briefing: Allianz’s plans should worry other insurers
Plus – why this year is a big one for Towergate boss Mark Hodges
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2 April 2014 Issue
Read a digital version of the 02 April 2014 edition of Insurance Times. Inside: Simon McGinn’s plans to make Allianz number one in commercial; motor reforms a year on; the FCA attacks ‘Hamlet’ contracts; AXA’s push into PI; the continued troubles at Towergate; Top 50 Brokers – who has done ...
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Decision on increasing claimant solicitors' fees delayed
Anticipated increase to the fees claimant solicitors can recover could increase claims costs by as much as 20%
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Jackson reforms have not been as effective as expected
Confidence in the ability of the reforms to cut costs has dropped over the last 12 months
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LV= boss agrees motor industry is 'broken'
John O’Roarke says Competition Commission probe is an opportunity for the industry to rescue its reputation
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Seventeen arrested in countrywide credit hire raids
Criminal gangs believed to have defrauded insurers at least £250,000
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Briefing: Are insurers feeling the benefits of Laspo 12 months on?
As we approach one year since the motor legal reforms were introduced, Insurance Times takes a look at how they have influenced the market and whether insurers are starting to feel the benefits in their bottom line
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Court of Appeal: Zurich wins battle to overturn £108k credit hire claim
Other insurers could benefit after court rules claim for more than 10 times car value was excessive
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New regulators will cost £664m
The FCA and PRA will cost 24% more than their predecessor