Blog posts • Sep 08, 2017 11:06 BST
With fraud adding an estimated £50 to every UK policyholder's insurance bill, preventing it is a key responsibility for insurers. But while the industry has successfully clamped down on many practices, fraudsters are adept at finding new ways to play the system.
Blog posts • Aug 02, 2017 15:19 BST
On the 27th February, the then Lord Chancellor and Justice Secretary, Elizabeth Truss announced an unexpected change that caused a major shock. With little warning, the Discount Rate used to calculate serious personal injury compensation payments was reduced from 2.5% to minus 0.75%.
Blog posts • Apr 20, 2017 09:00 BST
Much of the Ogden discount rate commentary has focused on the impact on motor insurance claims but the reduction has equally serious implications for other lines of liability business. There is little doubt that payments relating to significant injury claims will rise, and that rates may need to rise in order to fund this increased exposure.
Blog posts • May 13, 2016 11:59 BST
In the latest blog from our ParalympicsGB Allianz ambassadors, we hear from defending Paralympic champion in the wheelchair racing, Hannah Cockroft on how she’s always been determined to prove her doubters wrong, going back to her childhood.
Blog posts • Apr 13, 2016 12:42 BST
In the first of a series of blogs from the ParalympicsGB Allianz ambassadors we hear from defending Paralympic champion in the wheelchair racing, Hannah Cockroft on her preparations for Rio, including how she’s responded to her first defeat in seven years.
Blog posts • Feb 05, 2016 12:36 GMT
At school there was always that stage in the pre-game ritual when 2 captains would pick their players. No one wanted to be left until last. We are starting to see something like this analogy in the Personal Injury ATE insurance market. Pressures on insurance capacity have led to some ATE providers having a selective appetite for writing what I call ‘non- standard’ lines of Personal Injury work.
Blog posts • Oct 26, 2015 15:48 GMT
Statistics released recently by the Office for National Statistics show that cybercrime, including bank and building society fraud, is on the rise. Identity theft is part of this trend and can have major consequences on an individual’s personal life and finances. It is a risk that Home and Legacy are aware of and take very seriously.
Blog posts • Apr 13, 2015 13:55 BST
All of those involved in Claimant Personal Injury work knew post LASPO would be a challenging environment. Less revenue would undoubtedly mean the need for greater efficiency for those staying in the market. In fact, perhaps the most obvious question was whether to go or stay. So for those that have stayed (and for those still unsure) what does greater efficiency mean?
Blog posts • Mar 12, 2015 15:07 GMT
The Cheltenham Festival is the highlight of the jump season calendar and it got me thinking. If the horses running in the Gold Cup were in fact After the Event insurance providers and all the punters in the stands were law firms, which ‘horse’ is the most likely to come out on top?
Blog posts • Mar 05, 2015 13:48 GMT
As the market begins to settle down following the legal reforms surrounding general personal injury, solicitors and insurers are now assessing the positive and negative ramifications of these changes. The spotlight has now turned to what is perceived as another ‘growth area’ - Noise Induced Hearing Loss.
Blog posts • Jan 26, 2015 17:11 GMT
Since the Jackson reforms of 2013, After the Event Insurance has, and continues to be suffering from something of an identity crisis. Steve Rowley reflects on the subject in his first blog of 2015.