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Global insurance trends

Swiss Re Notes Impact of Weather Events in 2022

23 March 2023 alastair walker 0

With Hurricane Ian in Florida, record breaking losses from hailstorms in France, floods in Australia and South Africa, winter storms in Europe and the US as well as droughts in Europe, China and the Americas, […]

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Opinion

Partnerships; Can Strategic Alliances Combat Claims Inflation?

20 March 2023 alastair walker 0

One of the hot topics in 2022 was insurance claims inflation. The twin problems of supply chain shortages and the sudden jump in the cost of getting repair work carried out extended the time frame […]

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Opinion

The Places You Will See Your Spending Increasing, As Inflation Rises

15 March 2023 alastair walker 0

Some insights from Admirals; Throughout the 21st century, inflation in the UK has been manageable. In fact, from the early 1990s, it has stayed at the optimum level of 2-4% for nearly 30 years. However, […]

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UK Insurance Trends

Towergate Survey: More Money, More Benefits Keeps Staff Sweet

22 February 2023 alastair walker 0

Towergate Health & Protection has released the details of research into the recruitment plans of over 500 companies from across the UK. The findings reveal that one third (33%) of employers have increased their employee […]

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Insurance claims

Allianz Moves Forward on Green Car Parts

7 February 2023 alastair walker 0

Latest from Allianz, who are hoping the use of recycled and reclaimed parts will speed up claims/repair times on fleet vehicles. Allianz Commercial has refreshed its fleet policies to reduce repair times: new wordings prescribe […]

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Motor Insurance

Tougher Times Ahead For Car Insurers, Says Bloomberg

31 January 2023 alastair walker 0

Some insights into the Motor insurance sector from Bloomberg – are they right to predict tougher times ahead and thinner margins? Direct Line’s new quota-share reinsurance arrangement announced to boost solvency by 6% and the […]

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News

GlobalData Sees Inflation as Biggest Challenge in 2023

26 December 2022 alastair walker 0

Latest insights from GlobalData; As we enter 2023, record-high inflation and the consequent cost-of-living crisis will be the greatest challenge faced by the insurance industry according to industry experts, says GlobalData. The leading data and […]

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News

Bodyshop Survey: Soaring Labour Rates, Green Parts & ADAS Issues

7 December 2022 alastair walker 0

The annual ABP report has been published, which offers some useful insights for anyone in the motor claims sector. About 79% of respondents say they now using recycled or green car parts as part of […]

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