Claims
Trade Voice: Installing EV charging points on ferries should be resisted, says London Foil
Facilitating electric vehicles being charged at sea presents a risk that the marine insurance market could do without, argues Forum of Insurance Lawyers CEO Laurence Besemer and London Foil marine sector focus team member Captain John Owen.
OIC portal figures don't show true picture of reforms as driver behaviour has changed with Covid
As driver behaviour changed following the Covid pandemic, it is difficult to draw firm conclusions on the impact the whiplash reforms have had on the number of claims coming through the new system, a conference has heard.
MoJ defends the low proportion of unrepresented claimants using OIC portal
Speaking at the Association of British Insurers’ whiplash event, David Parkin, deputy director for civil justice and law policy at the Ministry of Justice, addressed the criticism that Official Injury Claims portal is not meeting its objectives as less…
Data analysis: FCA & FOI trackers updated - BI complaints drop as insurers settle backlog
Enquiries to the Financial Ombudsman Service related to business interruption products have finally started to drop after a rapid increase in Q1 2021 following the FCA test case.
Intelligence: Telematics: Boxing clever?
Twenty years after Norwich Union launched Pay as You Drive Insurance in the UK, Frances Stebbing assesses how much progress has been made in telematics becoming a mainstream motor insurance product; and how these black box offerings have evolved.
Insurer results directory 2021
Post tracks insurers' 2021 results including gross written premium and combined operating ratio.
Lloyd’s stresses humanitarian response to Ukraine crisis as the aviation market faces complexity of the loss without 'precedent'
Chief of markets Patrick Tiernan called for sympathy for Ukraine in a “tragic situation with devastating human consequences” as he admitted aviation losses would take some time to resolve.
Intelligence: Opening the throttle on motorbike insurance
The motorbike insurance market has been a hive of activity in the last few years in what has previously been a quiet and steady sector for the last 20 years. Martin Friel investigates what this means for the biker customer and if more entrants are on the…
Corbin & King verdict leads to ‘dusting off’ of BI claims as Premier League teams issue court action
The legal sector is revisiting business interruption claims that might have been mothballed after the Financial Conduct Authority Test case as the Corbin & King verdict reopens the possibility of policyholders being able to bring claims under their non…
Insurance-related nuisance calls and texts rose by 40% in 2021
After improving in 2020, insurance-related nuisance calls and messages rose by 40% in 2021, with Information Commissioner's Office receiving 3989 complaints.
Admiral defeats fundamentally dishonest fraudster; Ardonagh Academy launched; start-up Coral aims to disrupt LEI sector; and Pool Re to cut prices
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Motor semiconductor chip shortage crisis expected to be solved in the second half of the year
Volvo CEO Jim Rowan expects the semiconductor chip shortage crisis facing the motor manufacturing market to be solved in the second half of the year.
Tower Brook acquires Premium Credit; ABI reports motor premiums have fallen 5% in Q1; Aston Lark buys UK Global; and Seventeen snaps up broker
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Cost of Gable collapse to FSCS hits £78m
The cost of the 2016 collapse of unrated insurer Gable to the UK’s Financial Services Compensation Scheme surpassed £78m at the end of last year, a liquidators’ report has revealed.
Data Analysis: Business interruption payment tracker - How insurers fared into 2022
Not all insurers are created equal where it comes to keeping on top of the business interruption claims deluge. Post analysis of Financial Conduct Authority data reveals how firms have fared.
Damage caused by Storm Eunice less severe than expected despite claims surge
Storm Eunice was less severe than originally thought with damage caused by high winds rather than flooding, according to claims experts .
Low motor accident claim levels raise concerns that 'injured people are not claiming'
A claimant organisation has raised concerns that the number of registered motor claims in the first quarter of 2022 remained at a pandemic level, despite road traffic mostly returning to normal.
Trade Voice: ABI's Jonathan Fong on the risks that e-scooters pose to road safety
With the number of privately owned e-scooters in the UK already in excess of half a million, Jonathan Fong, policy advisor at the Association of British Insurers, argues that any wider expansion of their use must not happen without robust regulations…
Man sentenced after using two names to claim twice for same car accident
A man who made claims for the same car accident in two different names to Aviva and concealed information from Zurich has been ordered to pay back £58,000 in compensation.
Covid workplace exposure claims cause headache for claimants
Despite sustained reports of occupational exposure to Covid-19, negligence claims under employers' liability policies are unlikely to succeed, legal experts contend.
Aviva told to pay £3.2m to artist but dementia claim fails
The High Court has found that Aviva must pay around 10% of the £33.6m originally sought by artist Manuel Mathieu in a personal injury case.
Price walking ban pushes motor premiums up; Zurich opens branch; Handl acquires IPRS; Mason Owen MBO; and under 30s telematics sales rise
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: SMEs must reinstate pre-pandemic cover levels or risk being underinsured
Many small businesses are now returning to pre-pandemic activities, but still keeping the reduced levels of cover they had during the Covid-19 lockdown, writes Helen Bryant, director of digital trading at Allianz Commercial, as she warns against the…
Cost-of-living increase drives one-in-10 to cancel insurance products
Exclusive: One in 10 people surveyed by Post and Consumer Intelligence said they had cancelled an insurance product in the last six months due to the cost-of-living squeeze.