Liability/Casualty

Perkbox Offers Accident Insurance to Deliveroo Cycle Couriers

Courier work is notoriously high risk, especially in the crowded streets of London, so it’s interesting to see Perkbox taking the plunge and offer accident cover to Deliveroo riders. According to ROSPA figures some 18,477 […]

Fraud

Personal injury lawyers ask Ministry of Justice; “what are reforms really for?”

The Ministry of Justice will reduce the rights of genuine claimants further if they repeat the mistakes of recent flawed reforms, a leading UK injury lawyers group has warned. Simon Stanfield, Partner at Simpson Millar […]

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Legal

Asbestos lung cancer victims who smoked may see claim values reduce

“The case is of interest to insurers, as the 30% contributory negligence deduction is a higher deduction than those made in Badger (20%), Shortell (15%) and Horsley (20%). Bearing in mind the relatively high value of many such claims, the savings can be significant. […]

Insurance claims

Insurance lawyers warn of discount rate impact in public purse

Insurance lawyers today welcomed news that the Government will address the issue of variations in the Discount Rate, but warned against any alteration which could hit the public purse. David Johnson, the President of the Forum of […]

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Global insurance trends

US only region with higher renewal rates

Global insurance rates trended downward at the end of 2013, driven by average pricing declines in all regions except the US, according to Marsh’s latest Global Insurance Market Quarterly Briefing. Overall rates tracked by the Marsh […]

Emerging Risk

Insurers anxious to maintain pace with 3D printing

By Ingrid Hobbs, Insurance Partner, Mayer Brown In recent years reduction in the cost of additive manufacturing has made it both affordable and accessible. This is particularly apparent in the 3D printing market where the […]

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Global insurance trends

Aspirin effect equivalent to eradicating smoking says RMS

Financial modelling experts have confirmed the potential impact of daily Aspirin doses on life expectancy and said UK pension liabilities could rise by £100bn. Recent medical reports have confirmed the growing body of evidence that […]