Sedgwick unveils new UK leadership team
Sedgwick Claims Management Services has named Ian Muress, Stewart Steel and Paul White to leadership roles for its combined business operations in the UK, following its acquisition of Cunningham...
View ArticleInternet giants could enter insurance, says GlobalData
The UK insurance market remains vulnerable to the entrance of alternative providers such as Google, Apple, Facebook and Amazon, a new report from GlobalData has claimed. According to the data and...
View ArticleCivil Liability Bill up for debate as motor claims fall
The Civil Liability Bill will receive its second reading in the House of Lords today, as the Compensation Recovery Unit (CRU) reports that motor insurance claims are at their lowest for a decade. The...
View ArticleFirst4Lawyers urges MPs and peers to ‘repair the right body’ in new personal...
First4Lawyers has launched a campaign urging members of the public to tell their MPs that the government’s plans to reform personal injury claims are wrong to prioritise repairing cars over people. The...
View ArticleABI-commissioned research discovers serious failures in building material...
Research commissioned by the Association of British Insurers (ABI) has discovered serious inadequacies in the laboratory tests currently used to check the fire safety of building materials in the wake...
View ArticleCMC cold calling ban in Financial Guidance and Claims Bill passes another test
Claims management companies (CMCs) are on course to be banned from cold calling after the Financial Guidance and Claims Bill passed its third reading with the amendment to this effect intact. The...
View ArticleA poorly designed underwriting platform can lose a court case, says Clyde & Co
The way in which online underwriting platforms are designed and operated can adversely affect an insurer’s ability to defend itself in court, according to Clyde & Co. In a seminar for insurance...
View ArticleFitch: Blockchain could be a game changer
Blockchain could be a game-changing technology for the insurance industry over the long term, with the potential to offer significant cost reductions, improved processing speed, and enhanced...
View ArticleSevere weather conditions drive up claim costs at Hastings
Hastings is on track to deliver its target calendar year loss ratio despite the Beast from the East and storm Emma hitting claim costs. The insurance group reported higher claim costs than expected in...
View ArticleMarsh and IBM build blockchain for proof of insurance
Marsh and IBM have developed a commercial blockchain solution for proof of insurance. Developed for ISN, the blockchain will enable the company to check and verify the insurance policies of the...
View ArticleERS joins Insurance Fraud Register
Lloyd’s of London insurer and motor specialist ERS has signed up to the Insurance Fraud Register (IFR). IFR participants exchange information and intelligence to inform their own counter-fraud...
View ArticleHorwich Farrelly clamps down on holiday illness claims
Horwich Farrelly has successfully defended more than 2,000 holiday illness claims in the past 10 months. The law firm revealed the number of potentially fraudulent claims it has tackled as the UK...
View ArticleBIBA adds former MP to board
The British Insurance Brokers’ Association (BIBA) has appointed Jonathan Evans to its main board as a non-executive director. Evans (pictured), a former corporate affairs minister with responsibility...
View ArticleProtection insurers pay out £5 billion in claims
The insurance industry paid out £5 billion in protection claims in 2017, representing an increase of more than £340 million year-on-year, according to the Association of British Insurers (ABI) and...
View ArticleTurn down that racket: House of Lords on the Civil Liability Bill
With April 2019 outlined as the government’s aim for bringing the Civil Liability Bill into force, little time remains to argue and lobby for changes As the Civil Liability Bill makes its way through...
View ArticleFirst4Lawyers: Why it’s important to #RepairTheRightBody
Talk is cheap and we’re now entering a crucial time if we’re to get the government to row back on the Civil Liability Bill, says Qamar Anwar of First4Lawyers We’ve been overwhelmed by support for our...
View ArticleFirst Central Group brings in chief claims officer
First Central Group (FCG), the parent company of UK motor insurance provider 1st Central and Gibraltar-based underwriter Skyfire Insurance, has restructured its management team and made a series of...
View ArticleHarris Balcombe hires joint head of business interruption
Loss assessor and insurance claims consulting firm Harris Balcombe has appointed Steven Nock as its technical director and joint head of business interruption. Working in conjunction with Jonathan...
View ArticleInsurers face flurry of personal data requests under GDPR
A new study has suggested that insurance companies face an onslaught of requests for personal information from UK consumers when the General Data Protection Regulation (GDPR) comes into effect on 25...
View ArticleVulnerable road users to be exempt from Civil Liability Bill
Lord Keen has confirmed that vulnerable road users such as cyclists and motorcyclists will be exempt from the Civil Liability Bill, but the increase of the small claims limit to £5,000 will still apply...
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