Insurance Claims

Don’t Keep up with the Kardashians’ - Social Media - Don’t make it easy for thieves

06 Nov 2017

The omni-present Kardashian family are well known for being relentless trend-setters; however the aggravated robbery of Kim Kardashian last October was one trend we would rather not keep up with.

Unfortunately, the scary fact is that this high profile robbery does reflect something we’ve witnessed here at Covéa Insurance. In the past five years I’ve seen significant increase in the number of aggravated burglaries, particularly of HNW properties, which can leave customers severely traumatised and suffering from physical injury. 

Posted by Steve Godbold | Covéa Insurance
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Future-proofing household insurance claims service

13 Jun 2017

Against a constantly changing claims landscape, insurers must offer services that meet their customers' needs and expectations. As a result, and following an extensive review, Allianz is proposing to combine its commercial and household claims units to create one property claims team in Milton Keynes.

Our review showed there were clear strengths and opportunities in doing this, enabling our customers to benefit from a claims service that suits their requirements, whatever the future brings.

Posted by Graham Gibson |
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The Loss Experience

03 Dec 2013

I remember sitting next to the head of a major broking house not that long ago and we were discussing how surprising it was that the Gulf of Mexico hadn’t experienced a major hurricane since 2008, which then led onto a discussion of the frequency of major claims.

Posted by Suki Basi | Russell Group
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Deferred prosecution agreements – Directors being hung out to dry?

08 Jul 2013

Deferred Prosecution Agreements ("DPA") have been used in the United States for many years.  DPAs allow companies to take certain steps (either by way of reparation or ensuring that certain offences are not repeated) during a supervisory period and the trade off is that the company and/or the directors will not be prosecuted.  Following the expiry of this period no further action is taken.  DPAs are now to be found in UK law in Schedule 17 of the Crime and Courts Act 2013 ("CCA 2013"), although as of this date this Schedule is still not yet in force.

Posted by John Barlow | Holman Fenwick Willan
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Never Mind The ‘Elf and Safety', It’s the brand, stupid!

22 Jun 2013

What recent parliamentary Act has “the potential to be the most significant piece of legislation for health and safety law in 40 years”?

In an article I recently read by Helen Grimberg of law firm Berrymans Lace Mawer, it's the recently adopted Enterprise and Regulatory Reform Act 2013.

According to Grimberg, the act "Once implemented, it will allow for the removal of strict liability, in civil claims, for breaches of certain health and saftey regulations"

Posted by Chris Don | DnA Financial Media
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