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Motor Insurance

CII reacts to BBC’s ‘unfair underwriting’ taunt

Young Chartered Insurance Institute (CII) members are pushing for a thorough analysis of the effect of speed awareness courses on driver safety and how they should influence the premiums insurance companies charge motorists. The recommendation […]

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Artificial Intelligence

Insurers must be held back in public data scramble

There must be limits to the way our publicly available data is accessed and used by private organisations such as insurance companies. I am as enthused about social media as anyone, but a free for all backed by the resources of a £20bn industry cannot be enabled without a substantial ethical debate. […]

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Insurance & Reinsurance

Could the police outsource to insurers?

THE HEAD OF one of the UK’s largest police forces has invited insurers to help and invest in combating fraud and other criminal activity.

In a speech to the Insurance Institute of Manchester, Peter Fahy, chief constable of Greater Manchester Police indicated his support for the idea of law enforcement working more closely with the private sector and ‘outsourcing’ certain services.
“We’ve got to save £138m from our budget,” said Mr Fahy. “We are saving insurance industry money [through our investigations of crash for cash, fraud etc] is there no way we can’t work together more?” […]