VCs back ‘team of scientists’ Urban Jungle for £8m
Urban Jungle, an insurtech company, has received £8 million of investment from venture capitalists and private investors
Whiplash reforms come into force
New rules on whiplash claims came into force on 31 May 2021, including the Official Injury Claim online portal
ThingCo identifies failure to disclose commercial uses
ThingCo has estimated that as much as 5% of new private/domestic motor insurance policies are currently being used for takeaway food and online shopping deliveries
Jon Dye to step down from Allianz role
Jon Dye is stepping down as chief executive officer of Allianz at the end of November. He will be succeeded by Colm Holmes
Minster Law pilot shows ADR is the way forward for resolving personal injury claims
ADR in minor personal injury claims will eventually become the standard means of finalising cases where settlement cannot be reached directly with the insurer
Huw Evans to stand down from ABI in December 2021
Huw Evans will move on from his role as director general of the Association of British Insurers (ABI) at the end of the year
FMG selects DWF 360 EvoClaim claims management solution
FMG, the provider of fleet incident management and specialist vehicle recovery services, has chosen DWF and its 360 claims management software, EvoClaim
Allianz and SYNETIQ automate green parts sourcing
Allianz Insurance and salvage and recycling company SYNETIQ have launched a digital platform that helps vehicle repairers source green parts
Covid restrictions drive van insurance premiums down 2% in 12 months
Covid-19 lockdown restrictions have played their part in lowering the cost of van insurance over the past 12 months
LexisNexis Risk Solutions partners with Mercedes-Benz
LexisNexis Risk Solutions is working with Mercedes-Benz Connectivity Services to help its customers benefit from personalised insurance products and programmes based on their vehicle’s ADAS
Insurance claims appointments: Crawford & Company, ThingCo, Allianz, Autoglass
Crawford promotes Emma Parr, ThingCo appoints head of business development, Allianz Insurance creates new claims role, and more
MGAA and ACSO strike partnership
The MGAA and the ACSO have agreed a joint partnership that will focus on supporting consumer rights and enhancing relationships and understanding between the two groups of members
Smith Partnership chooses DAS UK for clinical negligence product
ATE insurance specialist DAS UK Group will provide a bespoke clinical negligence product for law firm Smith Partnership’s clients
Devonshires creates personal injury law firm following merger
Devonshires has merged its clinical negligence department with pioneering barrister-led firm PI Law Direct to create Devonshires Claims
Carrot teams up with RoadHow to support new drivers and plug the Covid learning gap
Carrot Insurance has teamed up with RoadHow to offer a free smartphone app that will help them improve their road knowledge once they have passed their test
The Floow and Direct Line expand telematics partnership
Global telematics provider The Floow has expanded its partnership with Direct Line Group with the launch of a smartphone app-only version of its telematics insurance offering, DrivePlus
WeatherNet joins Claims Consortium Group via Synergy Cloud
Technology and data company Synergy Cloud has acquired the majority stake in WeatherNet from Sedgwick
Allianz and LV= General Insurance appoint claims panels following joint review
Allianz Insurance and LV= General Insurance have appointed Keoghs, DWF and BLM to their legal panels for claims, following a joint review
Insurance claims appointments: CPP Group, Towergate Insurance Brokers, Minster Law, Coplus
CPP Group appoints new chief executive officer, Towergate Insurance Brokers expands its Welsh claims team, and more
ABI reveals record quarterly fall in the cost of motor insurance
The average price motorists paid for their motor insurance in Q1 2021 showed its biggest quarterly fall, according to the ABI
Reach launches new services for head trauma cases
Neuro rehab specialist Reach Personal Injury Services has launched a new service to spot early warning signs in head trauma cases
McLarens launches independent surveying business
McLarens has launched Brawdia, an independent building and construction consultancy, offering insurance-related surveying services across the UK and Ireland
New CRU data shows continuing decline in motor claims
Motor claims fell to just over 107,000 during the first three months of the year, according to the latest Compensation Recovery Unit statistics
Covéa Insurance chooses DAS UK for cyber product
Covéa Insurance has chosen specialist legal expenses insurer DAS UK Group to provide a cyber insurance product as part of its high-net-worth home insurance offering
ABI reaffirms insurers’ support for office home-workers
A pledge made over a year ago by insurers to support customers adapting to working from home will continue permanently, the ABI has said
Allianz reveals insurance fraud reached £65.8m in 2020
Allianz Insurance detected a record £65.8 million worth of insurance fraud in 2020, as it took on claims farmers, rogue loss assessors and organised crime
CII presidents unite to explore unmet needs
The CII has created a president’s forum to explore customer needs that are not currently being fully met by the insurance profession
UK car insurance premiums down by 14% in last 12 months
Comprehensive car insurance premiums have fallen by 14% (£87) since Q1 2020, with UK motorists now paying £538 on average
Sedgwick study reveals resilience measures will cut the cost of flood claims
Sedgwick and the University of the West of England have released the findings of a study into the cost and duration of flood damage claims
