DAC Beachcroft
UK cyber market to resemble US amid tougher EU penalty regime
The UK insurance market is expected to increasingly follow its US counterpart as incoming EU legislation substantially toughens up penalties for data breaches.
Review of the Year: Legal
For insurance lawyers, 2015 has been marked by the Medco portal going live in a sustained effort to reform whiplash claims. But the year has also seen major rulings regarding aggregation, costs and rates, all expected to have wide-ranging implications.
Legal update: Late revival but early introduction?
The market needs to consider the impact of late payment provisions now, says Nick Young
Rutter to fight rising court fees after becoming twentieth Foil president
DAC Beachcroft partner Duncan Rutter has vowed to maintain access to justice and improve the claims process after today (12 November) becoming the twentieth president of the Forum of Insurance Lawyers.
Cycling: Pedal power
Cycling among the UK population is more popular than ever. How can the insurance industry tap into the potential need for theft and accident cover?
Cyber Security: Masked intruder
A whopping 81% of large organisations suffered a cyber-attack last year. With the number of attacks on the increase, are insurers offering new areas of coverage to protect policyholders in the event of a data breach?
In Series: Liability and Collaboration: No more Mr Nice Guy
After years of running battles, the focus on fraud prevention has moved to the employer’s liability sector, with the industry keener than ever to show it is not a soft touch.
Calais Disruption: Heavy loads for hauliers
The recent migrant disruption at Calais has hit the haulage industry in the pocket. How do affected companies go about ensuring they are adequately compensated for their losses?
Legal Update: Turning the Tables
The Ogden Tables are not the only way to calculate future loss of earnings, says David Williams
Legal Update: Is the Insurance Act 2015 a liability?
Question marks remain over how the market will respond to key provisions, says Nick Young.
Market Moves - 16 July 2015
Who has moved where in the world of insurance this week.
Credit hire zero excesses appeal defended by DAC Beachcroft
DAC Beachcroft has successfully defended an appeal by credit hire organisation On Hire relating to the recovery of credit hire rates where replacement vehicles with zero excesses are hired.
Market Moves - 11 June 2015
Keep abreast of the insurance market's movers.
Airmic Head to Head: Insurance Act
This year’s Airmic conference has the theme ‘Raising the profile of risk’. With that in mind, Post asked some leading industry figures to go head-to-head on the Insurance Act.
Claims Awards 2015 - winners announced
Allianz and Sterling were among the winners celebrating last night after collecting two gongs each at the Post Claims Awards.
Legal Update: Time to get organised
The Insurance Fraud Taskforce must work with the industry to educate customers, claims Peter Allchorne
Dickson to lead DAC Beachcroft's claims division
Craig Dickson has been appointed CEO of DAC Beachcroft's claims solutions group, replacing Bill Paton who resigned in November 2014.
Two thirds of SMEs unaware of D&O cover, Allianz survey finds
Allianz has jointly launched a white paper outlining the risks faced by company directors after a survey by the insurer found that two thirds of SME leaders are not aware of what directors & officers insurance is.
Laspo: Is it working?
Claims reforms may have reduced costs and made the process more efficient, but insurers and solicitors agree more needs to be done.
Legal: Beware the Insurance Act Interregnum
Nick Young looks at what insurers can be doing to fill the ‘gap’ between governing legislations.
Arson: No smoke without fire
While fire risk has dropped considerably over the past decade, almost half the £1bn paid out in fire claims each year is as a result of deliberate acts. So what can be done to reduce the losses caused by arson?
Rate hikes touted as product recall review points to increased insurer exposure
A review into the way companies handle product recall could trigger premium inflation and compound administrative burden as insurers' exposure to recall costs increases significantly, legal experts have warned.
Seven law firms selected following NFU legal panel reshuffle
NFU Mutual has named a revised seven-strong legal panel to provide its claims and related legal services in England and Wales following a review and tender process.
Canadian purchaser buys 3 Minster Court for £170m
Canadian company Ivanhoé Cambridge has bought City of London property 3 Minster Court for more than £170m.