Verisk launches major new release of piCalculator
A major new release of piCalculator, Verisk’s solution for calculating damages in personal injury claims, supports greater classification of multiple injuries in low frequency, high-value claims
Marsh forms sport, entertainment and media group
Insurance broker and risk adviser Marsh has formed a dedicated industry group to serve the needs of sport, entertainment and media clients in the UK and Ireland
Marketing during a pandemic
Lockdown has changed the way claims services are advertised. Head of marketing Andy Cullwick reveals what First4Lawyers has learnt during these unprecedented times
NMU offers new cargo product with fast-track claims initiative
Specialty insurer NMU has launched a new cargo product that offers comprehensive but clear policy wordings, and a fast-track claims initiative
Central Bank of Ireland bans and fines former RSA Ireland Insurance CFO
Former RSA Ireland Insurance chief financial officer Rory O’Connor has been disqualified for eight years and four months and fined €70,000
LexisNexis Vehicle Build to give UK insurers vehicle safety data insights
Motor insurance providers across the UK can now start testing LexisNexis Vehicle Build, a new solution to better evaluate specific advanced driver assistance systems
DAC Beachcroft strengthens public sector liability expertise
Law firm DAC Beachcroft has appointed a four-strong team of public sector liability specialists, including partner John Palmer, from DWF in London
Plum Underwriting to use new AI claims platform from Pact Global
Plum Underwriting has signed a strategic partnership agreement to use Pact Global’s AI-powered claims-as-a-service platform
MDU appoints new head of claims handling
The MDU, a membership body offering indemnity and medico-legal support to doctors and dental professionals, has appointed David Pranklin as its new head of claims handling
BDA urges FCA to consider dentists in business interruption test case
The BDA has urged the FCA to consider the plight of dentists in its legal process to assess the validity of business interruption insurance policies
Anthony Gold managing partner joins Civil Procedure Rule Committee
Anthony Gold Solicitors managing partner David Marshall has been appointed as a solicitor member of the Civil Procedure Rule Committee
FCA launches business interruption test case
The Financial Conduct Authority has filed its business interruption test case in the High Court of Justice, with up to 10 days of hearings expected to commence in the second half of July
Allianz and Keoghs secure prison sentence for fraudster
A fraudster has been handed an immediate 12-month prison sentence with no suspension following a successful private prosecution by Allianz Insurance and defendant law firm Keoghs
By Miles urges action over low mileage penalty
More than 19 million UK drivers are falling foul of a low mileage penalty, according to new research from pay-as-you-drive insurtech By Miles
Mishcon de Reya secures litigation funder for dental practice group
Mishcon de Reya, the law firm representing several groups considering litigation against their insurers over refusals to cover Covid-19 claims, has secured a litigation funder for a dental practice group
IFED gets new chief
Detective Chief Inspector Edelle Michaels has been appointed as the new head of the City of London Police’s Insurance Fraud Enforcement Department (IFED)
Atradius welcomes trade credit insurance support scheme
Trade credit insurer Atradius has welcomed the launch of the temporary, government-backed reinsurance scheme to help businesses recover from the impacts of Covid-19
FCA provides update on business interruption test case
The FCA has published a short consultation on draft guidance asking all insurers to check their policy wordings against those that the regulator intends to test in High Court next month
AXA UK expands property partnership with Verisk
AXA UK is broadening its use of live video to settle commercial property claims, following the renewal of the insurer’s contract with software provider Verisk
Covid-19: collaboration between insurer and claimant reps continues
Collaboration between insurer and claimant representatives amid the Covid-19 pandemic remains ongoing, with the ABI, FOIL, ACSO and APIL renewing their agreements last month
The coronavirus creates risk for idle vessels, Allianz warns
Restrictions on supply chains and international travel due to the Covid-19 outbreak have serious implications for the maritime industry, Allianz has warned in a new report
ABI: Significant state support needed for more affordable BI coverage
Association of British Insurers (ABI) director general Huw Evans has acknowledged that “significant levels of state support” will be required for more affordable business interruption insurance coverage
Insurethebox: 1,060 accidents prevented through driver education
Insurethebox has prevented more than 1,000 road accidents through its regular communications with insured drivers, according to newly released data
AXA Partners launches digital portal for home emergency claims
AXA Partners has launched a new online customer journey to manage home emergency claims. Home Manager allows customers to digitally track their claim, giving them increased peace of mind and full transparency throughout the claim journey.
ARAG: Drivers should take care as lockdown lifts
The rapid return of cars to UK roads that are already busy with cyclists and pedestrians could create a number of safety and legal issues for motorists and other road users, ARAG has warned
Insurtech investment falls amid Covid-19 pandemic
Insurtech funding fell more than 50% during Q1 2020, as the Covid-19 pandemic continues to exert significant downward economic pressure across the globe