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Insurance & Reinsurance

#BIBA2014 sparks fly in panel debate

BIBA 2014’s opening debate was punctuated by a moment of contrition, as panellists and audience rounded on the industry’s reputation as portrayed by the media. In a gripping session chaired by Channel 4 news anchor […]

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Social Media

Why insurers need to be on social networks

By Chris Andrew I recently received a LinkedIn message that began, “I apologize for the cold email, but I’m wondering if you’re interested in my recruiting services…” I appreciated the upfront apology, but my complete […]

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Insurance & Reinsurance

MPs call time on whiplash claims

“The Government has claimed that the UK is the ‘whiplash capital of the world’, but without reliable data on road accidents we cannot say whether that statement is true or not,” added Louise Ellman MP, chair of the House of Commons Transport Select Committee. […]

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Insurance claims

UK consumers reject government plans for US-style collective action lawsuits

New study claims that UK consumers disagree with proposals to introduce opt-out collective actions. The U.S. Chamber Institute for Legal Reform (ILR) says 57 percent of British consumers oppose UK Government proposals to adopt US-style […]

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Global insurance trends

Insurers’ hands increasingly tied says EIU research

By Ralph Savage Ongoing macroeconomic uncertainty, proposed tough new regulatory regimes and risk of contagion are the biggest long-term challenges facing insurers around the world, according to a new report written by the Economist Intelligence […]

Insurance & Reinsurance

Will 2013 be insurers’ year of austerity?

By Ralph Savage After a Channel 4 dressing down by Dispatches, the insurance industry’s relationship with UK motorists is likely to be a defining issue for 2013. The alleged role in which some insurers themselves have […]

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Insurance Regulation

S&P predicts challenging 2013 for UK non-life market

The UK non-life insurance market is facing a range of significant challenges which will make 2012-2013 ‘difficult’ for companies, according to Standard & Poors ratings services. In its latest report on the market, S&P highlights […]

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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. […]