Clyde & Co hires two insurance lawyers from Mayer Brown
Law firm Clyde & Co has hired two insurance partners in London. Mandip Sagoo and Angus Duncan have joined Clyde & Co from Mayer Brown. Sagoo advises insurers in connection with some of their...
View ArticleAviva: Consumers bombarded with billions of nuisance calls and texts
Consumers were bombarded with 2.2 billion nuisance calls and texts relating to an injury-related claim, pension, payment protection insurance (PPI) or other insurance-related matter last year, Aviva...
View ArticleChubb strengthens in the Midlands and the South
Chubb has made two new appointments for the Midlands and the South region. Michael Avent has been appointed as regional manager for the Midlands and the South, while Louise Joyce has been appointed as...
View ArticleMotor insurance costs reached record high in 2017, finds ABI
The average motor insurance policy cost an extra £40 in 2017, a rise of 9% and a record high, according to the Association of British Insurers (ABI). Q4 2017’s average price paid for private...
View ArticleQuindell auditor fined £1 million
Arrandco Audit has been fined £1 million for misconduct in its handling of the accounts of insurance software firm Quindell. The Financial Reporting Council (FRC) fined Arrandco, previously known as...
View ArticleMotor insurance cost increase in reverse, finds Consumer Intelligence
A 9.6 percent increase in motor insurance costs has been reversed over the past three months, Consumer Intelligence has found. The research firm found that the average most competitive premiums rose by...
View ArticleClyde & Co launches online arbitration pilot for personal injury claims
Law firm Clyde & Co is piloting the use of online arbitration system PIcArbs to overcome the cost and slow pace of litigating personal injury claims through English and Welsh civil courts. The...
View ArticleNational Accident Helpline welcomes CMC cold calling ban
National Accident Helpline has lent its voice to calls for the UK government to ban claims management companies (CMCs) from cold calling. A CMC ban was added the Financial Guidance and Claims Bill late...
View ArticleTelematics use reaches almost a million, says BIBA
The number of live telematics-based insurance policies reached 975,000 in 2017, according to the British Insurance Brokers’ Association (BIBA). The BIBA annual survey includes information from the...
View ArticleChubb launches new real estate practice for the UK and Ireland
Chubb has launched a new real estate industry practice for the UK and Ireland, bringing together its capabilities in underwriting, claims management and multinational servicing into one client-focused...
View ArticleTrade credit insurers to pay £31 million to cover Carillion collapse, says ABI
Trade credit insurers are expected to pay an estimated £31 million to help businesses in the supply train recover from the collapse of Carillion, the Association of British Insurers (ABI) has said....
View ArticleLMA update: Lee Elliston on the Claims Expert Management Hub
The Lloyd’s market spent more than £1 billion on third-party experts in the past 24 months, according to the Lloyd’s Market Association (LMA), prompting the need for greater control over claims costs....
View ArticleLondon market Single Claims Agreement Party Model goes live
The Single Claims Agreement Party Model has been launched in an effort to improve client service and streamline claims agreement across the London market. The model will enable quick and efficient...
View ArticleNHS Confederation group demands action to reduce clinical negligence costs
A coalition of organisations led by the NHS Confederation has called for urgent action to reduce the spiralling cost of medical negligence claims in England, after £1.7 billion was paid out last year...
View ArticleIncumbents fuel insurtech investment momentum in Q4 2017
Insurers and reinsurers are exerting an increasing level of influence on start-ups in the insurance technology (insurtech) space, according to Willis Towers Watson. Directly and through corporate...
View ArticleEclipse launches subject access requests workflow to aid law firm GDPR...
Eclipse Legal Systems, the Law Society’s sole endorsed software provider, has released a dedicated subject access requests (SARs) workflow system. SARs are expect to become an administrative overhead...
View ArticleHunt orders review of gross negligence manslaughter following Dr Bawa-Garba case
Health and social care secretary Jeremy Hunt has ordered an urgent review of gross negligence manslaughter cases following the prosecution of Dr Hadiza Bawa-Garba. Dr Bawa-Garba was struck off in...
View ArticleABI: Young drivers spend 10% of salaries on motor insurance
The Association of British Insurers (ABI) has followed up its analysis of motor insurance with the finding that 10% of the average salary of drivers aged 18 to 21 now goes on paying for their policies....
View ArticleWillis Towers Watson makes new cyber leader appointment
Willis Towers Watson has appointed Tim Rees as client engagement and strategy leader for the company’s UK cyber risk solutions business. Based in London and reporting to Anthony Dagostino, global head...
View ArticleJulie Page and Ian Cooper get new BIBA roles
The British Insurance Brokers’ Association (BIBA) has appointed Julie Page, CEO of Aon Risk Solutions, as its deputy chair, and Ian Cooper, partner at Lockton, as the chair of its international and...
View Article