Industry News Roundup

Post Magazine : 5th November 2015

Aviva signs five year partnership with Homeserve

The insurer will underwrite home assistance products for Homeserve.

Reid to tor the regions as integration takes precedence at Gallagher

Stuart Reid to favour an “integration and re-engineering” strategy.

UK start-up Covva launches first hourly insurance cover

Cover from one to 24 hours provided solely through it’s app

Emergence of ‘disruptors’ keeping established motor players on their toes

Cuvva launch hailed as an example of ‘disruptor’.

ABI calls for FCA to regulate claims management sector

23% of CMC’s were either warned or had their authorisation cancelled in 2014/15.

Aviva UK and Ireland Q3 COR improves to 92.8%

The overall general insurance business reported a COR of 94% for the period.

Post Magazine : 29th October 2015

Zurich looking at leaner loss adjusting panel

Looking to forge closer ties with its loss adjusting partners

Axa unveils loss adjuster panels for property claims

Prior to the panels it ran a preferred partner scheme with GAB Robins.

Questgates loses out as Zurich reveals its loss adjusting panel

Criterion featured for the first time.

Increased innovation and outsourcing key to driving down household claims expenses

Expenses outstripping the cost of claims.

Oak to launch nine-strong in-house claims team

High net worth claims team launched on 25 October.