All articles by Yiannis Kotoulas – Page 26
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NewsProliferation of electric vehicles is impacting claims costs – BrokerFest 2022
Pinched supply chains and disruption have caused significant increases in the cost of complex motor claims
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News‘Fundamental gaps’ exist in insurance for systemic risks – BrokerFest 2022
Segmenting and compartmentalising cover could present a solution, however
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AnalysisCollaboration between insurers and CHCs is essential in the face of squeezed supply chain
The agreement between the two industries needs ‘urgent surgery’ says credit hire trade body chair
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NewsBroker consolidation is ‘natural’ and presents opportunities for new entrants
Market regeneration is also likely once hard market conditions ease
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NewsAgeas appoints new UK board chair
The insurer’s chief executive says he is delighted to welcome the new appointment
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NewsConsumers increasingly shop around for insurance as inflation squeezes UK’s finances – CII
Many customers have ‘never seen prices increase at this speed’, says director
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NewsProperty disrepair claims present potential for ‘very significant costs’
These costs are also on a ’high growth trajectory’, says partner
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NewsGlobal events have ‘significantly altered’ business resilience since beginning of year
Business strategies are now at a ‘point of inflection’, says head of political risks
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NewsTwo thirds of schemes brokers dissatisfied with support from insurers
Almost half of these brokers are also unhappy with insurers’ claims services
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AnalysisIn Focus: Digital transformation in the claims arena is no ‘panacea’
Digitising the claims journey for customers is just ’one piece of the jigsaw’ that insurance firms should consider when plotting business goals and ambitions
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NewsInsurance industry must play ‘a fundamental role’ in the transition to net zero, says Prince of Wales
The role the insurance sector must play has ‘never been greater’, says ABI director general
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AnalysisProperty disrepair claims fraud is beginning to look like ‘the new PPI’
Industry experts have noticed a worrying increase in claims farming from CMCs in the property disrepair arena
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NewsLondon-based fraudster duo sentenced to imprisonment following gross exaggeration
‘We hope that these sentences will deter would-be fraudsters’, says Allianz’s head of counter fraud
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AnalysisIn Focus: The OIC portal one year on – success or failure?
Three experts share their perspective on how the Official Injury Claim portal is performing as the system passes its first birthday
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News‘Lots of uncertainty’ remains over OIC portal – Admiral
Some ramifications of the portal are clear, but more time is needed to fully understand others
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NewsCyber insurance cost has more than doubled year-on-year – Howden
Pricing for cyber insurance is approaching the ‘limits of economic viability for some’, says executive director
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NewsQBE appoints chief data officer
The new appointee’s ‘significant experience’ will help the firm develop a new data strategy
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NewsBike theft fell significantly in 2021 – Bikmo
The specialist cycling insurer says the drop in bike theft is part of ‘an emerging pattern’
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NewsWhiplash reforms have ‘dampened a rise in claims’ – MoJ’s David Parkin
Plus, the Official Injury Claim portal has not been ‘swamped by CMCs’ as predicted, says deputy director
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NewsFCA urges insurance intermediaries to address ‘significant risks of potential harm’
The regulator said it has continued to observe ’ineffective governance and control arrangements’ from insurance intermediaries
