Allianz's Neil Clutterbuck responds to the sprinkler review for high rise homes and the Worcester Park fire
Blog posts • Sep 05, 2019 16:45 BST
Our CUO responds to the Government's recent announcement and the Worcester Park fire
Our CUO responds to the Government's recent announcement and the Worcester Park fire
In March, 2017 when the Lord Chancellor, Liz Truss, announced the Ogden Discount Rate used to calculate personal injury claims was to reduce from 2.5% to -0.75%, Allianz joined others within the insurance industry to criticise the move because of its detrimental impact on customers and the NHS.
Allianz's Nick Hobbs discusses the BIBA 2019 theme and the ways in which good brokers are always leading.
We all know that the insurance industry runs on the quality of its relationships and there is no better place to see this in action than a BIBA conference.
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.
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%.