Legal

Opinion: Covid Effect May Cause A Spike in Fraud Claims Later in 2020

Lewis Thomas, a Counter-Fraud Partner at Horwich Farrelly, the leading specialist insurance law firm, provides the following comment outlining the likely fraud challenges the insurance industry can expect as a result of the Covid-19 pandemic: […]

Insurance claims

AXA UK Expands Use of Video in Commercial Claims Settlement

AXA UK is broadening its use of live video to settle commercial property claims, as the insurer renews its contract with software provider Verisk. The ClaimXperience app is already being used by AXA’s household customers, who can […]

News

Tracker Warns On Rise in Vehicle Thefts, as Parts Shortage Spikes Demand

Tracker, the stolen vehicle recovery expert, is warning motorists against opportunistic criminals looking to steal cars to fill the replacement parts gap, caused by the shutting down of manufacturer supply chains. Police across the country […]

Insurance Brokers

Historic Buildings Targeted by Pro Thieves

Research commissioned by specialist insurer Ecclesiastical and the Listed Property Owners’ Club has revealed Britain’s listed properties are being targeted by criminals, presenting an opportunity for brokers to discuss risk management with their clients. The […]

News

Laka Raises Another $4.7m in Funding, Expanding into Europe in 2020

Laka, the community-driven insurance technology company, has successfully raised $4.7 million equity funding. The round was led by early-stage venture capital firms LocalGlobe and Creandum. The round closed on 30th January 2019. Following on from Laka’s pre-seed round […]

Insurance & Reinsurance

Suncorp & IAG Suspend Insurance Sales During Bushfire Emergency

Suncorp Group and IAG have announced a temporary embargo on selected insurance product sales in NSW and Victoria, while the bushfires continue to burn in Australia, according to reports in Australian media. A spokesperson from […]

Insurance Brokers

Property Damaged Every Five Minutes, Says Direct Line

New analysis by Direct Line for Business reveals police forces across England and Wales investigate 283 incidents of criminal damage to properties every day, the equivalent of one every five minutes.  Criminal damage includes issues […]