Public backs reform to whiplash compensation, ABI claims
Most people back plans to overhaul the personal injury compensation system, with nearly nine in 10 thinking that legal costs in the current system are too high, according to a survey commissioned by...
View ArticleZurich launches a global start-up competition
Zurich has launched a new global competition to collaborate with the best start-ups and entrepreneurs in the insurtech space. The Zurich Innovation World Championship, which focuses on start-ups with...
View ArticleBlock by blockchain: Karim Derrick on what it all means
In the first of a series of articles on blockchain in the insurance claims context, Karim Derrick, head of research and development at Kennedys, examines the definition of distributed ledger technology...
View ArticleCivil Liability Bill returns to the House of Commons
The Civil Liability Bill returns to the House of Commons today, as trade groups and claims experts argue against watering down whiplash reform and warn MPs about potential, unintended consequences for...
View ArticleCarpenters appoints new head of serious and catastrophic injury
National legal and insurance services provider Carpenters Group has appointed Carol Hopwood as head of serious and catastrophic injury. The appointment represents an increase in the size of the team...
View ArticleCivil Liability Bill suffers from ‘flaws in logic’
The Civil Liability Bill promises a better deal for insurers and consumers, but whatever savings are made will be competed away, while it’s uncertain whether there will be a reduction in their premiums...
View ArticleCivil Liability Bill amendments tweak rather than rework
Several amendments to the Civil Liability Bill were proposed as the House of Commons revisited the legislation on Tuesday. As expected, the Civil Liability Bill and the increase in the small claims...
View ArticleIFED plans more workshops for insurers
The City of London Police’s Insurance Fraud Enforcement Department (IFED) delivered the first in a series of regional engagement workshops in July, with at least three more being planned for the coming...
View ArticleThird of young drivers not at fault, finds Nextbase
Almost a third of 18- to 25-year-olds involved in a car accident were either wrongly blamed or struggled to prove they weren’t at fault, according to dash cam maker Nextbase. Nextbase’s research came...
View ArticleSerial crash for cash fraudster sentenced
A crash for cash fraudster has been sentenced 22 months in prison and disqualified from driving for three years after he attempted to make fraudulent insurance claims for car crashes that he had...
View ArticleXL Catlin launches new solutions for media and entertainment risks
XL Catlin has launched new insurance solutions to support the media and entertainment industry. The solutions are designed for organisers, performers, producers and support trades in the media and...
View ArticlePrivate equity group pays £5.14 billion for Sedgwick
Private equity group Carlyle has struck a $6.7 billion (£5.14 billion) deal to buy claims management giant Sedgwick. Two Carlyle buyout funds, one of which is worth $18.5 billion (£14.2 billion), will...
View ArticleSimpson Millar snaps up EAD Solicitors in Liverpool
Simpson Millar has acquired Liverpool-based law firm EAD Solicitors as it embarks on its new £50 million investment plan following its acquisition earlier this year. The deal enables Simpson Millar to...
View ArticleCivil Liability Bill will mean ‘more reasonable’ pricing
The Civil Liability Bill, in its current format, will enable insurance companies to be more competitive and to deliver the services that the driving public needs, at more reasonable costs for all...
View ArticleGuidewire hires leader for new analytics and data business
Aon’s Paul Mang has joined Guidewire Software as general manager of its new analytics and data services (ADS) business. Guidewire ADS is a newly created business unit comprised of the Cyence Risk...
View ArticleClinical Negligence Debate 2019 date and location confirmed
The next Clinical Negligence Debate is set to take place on 28 February 2019 at The Midland Hotel in Manchester. Claimant and defendant lawyers will gather in Manchester on 28 February to hear from a...
View ArticleMarsh to acquire JLT
Marsh has agreed a $5.6 billion (£4.26 billion) deal to buy Jardine Lloyd Thompson (JLT) Group. The deal prices JLT’s shares at £19.15 each. Marsh said the transaction will be funded by a combination...
View ArticleAudatex releases new digital motor claims management solution
Audatex has launched an end-to-end digital motor claims management solution that promises to shorten and streamline the entire process. AudaENOL enables policyholders to initiate and drive the claims...
View ArticleWoman sentenced for fake Manchester Arena terror attack claim
A woman has been sentenced to two years in prison for making dozens of fake medical claims, including in the aftermath of the terrorist attack that struck Manchester Arena last year. Susan Pain pleaded...
View ArticleARAG offers new solution for law firms
Legal expenses and assistance provider ARAG has joined with Guardian Legal Services and Affiniti Finance to provide an after-the-event (ATE) legal expenses insurance and disbursement funding solution...
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