IAG CEO discusses direct SME strategy

Major insurer looking to even up its direct and intermediated SME business, should brokers be worried?


Source: Business Online IAG CEO discusses direct SME strategy

Departing Aon CEO reveals industry challenges

What has had the biggest impact on the Australian broking market?


Source: Business Online Departing Aon CEO reveals industry challenges

South Australia’s car crime hotspots revealed

This may just convince your clients to be vigilant and ensure they’re insured against thefts and break-ins


Source: Business Online South Australia’s car crime hotspots revealed

ICWA opens grant applications for neurotrauma research

All applications must be in by March 15


Source: Business Online ICWA opens grant applications for neurotrauma research

Car safety tech drives up premiums

Hi-tech and complicated AEB systems, headlights, and more could get a vehicle written off in a crash


Source: Business Online Car safety tech drives up premiums

Solution Underwriting reveals online tool a year in the making

New tool designed to speed up processes for brokers and improve cross selling


Source: Business Online Solution Underwriting reveals online tool a year in the making

More soft skills education needed in insurance

“Anyone can become a technical expert pretty quickly… but that doesn’t help you when you are trying to grow your portfolio.”


Source: Business Online More soft skills education needed in insurance

ASIC backs AFCA

The one-stop-shop dispute-resolution body will streamline consumer-dispute experience, says industry body


Source: Business Online ASIC backs AFCA

Gallagher says being “good” is good for business

Firm explains how it promotes an ethical business culture


Source: Business Online Gallagher says being “good” is good for business

Claim Central is US insurer’s new tech partner

The digital firm will assist the insurer in its power digital transformation


Source: Business Online Claim Central is US insurer’s new tech partner

Life Changing Technology Is A Win-Win For Insurers And Insureds

Ten years ago¸ could you have imagined that the measly timekeeper around your wrist could save your life? In 2018¸ disease-detecting accessories are no longer science fiction. Last year¸ research showed that Apple Watch’s heart rate sensor could accurately pick up atrial fibrillation¸ an abnormal heart rate that can lead to stroke or heart disease. With this type of data becoming more easily accessible and attainable¸ health insurers are increasingly capitalizing on advancements in technology. “Data-driven companies are out there creating these wearable technologies that give an all day¸ every day picture of one’s health.”
Source: The Page – USA Life Changing Technology Is A Win-Win For Insurers And Insureds

Fraudster Files Auto Damage Claims Repeatedly Within 8 Months¸ Collects $85K

Maryland Attorney General Brian E. Frosh today announced that Jamar Marlyn Jones¸ 31¸ of Edgewood¸ pleaded guilty and was sentenced on one count of felony theft scheme having a value of at least $10¸000 but less than $100¸000. Jones’ theft scheme began in February 2013 and continued through September 2013. Jones conspired with a number of his friends and family to make numerous fraudulent alleging his 2008 DTS Cadillac was damaged from accidents that never occurred. The theft scheme covered made in Harford County¸ Baltimore County¸ and Baltimore City¸ and he defrauded more than 9 companies of more than $85¸000.
Source: The Claims Page – USA Fraudster Files Auto Damage Claims Repeatedly Within 8 Months¸ Collects K

Allianz Raises Dividend, Shrugs Off Hurricane Claims

A record year for natural disaster worldwide and a decline in fourth quarter profit wasn’t enough to stop Allianz SE from raising its dividend. Europe’s biggest insurer will increase the dividend for 2017 by 5.3 percent to 8 …
Source: Claims Journal USA Allianz Raises Dividend, Shrugs Off Hurricane Claims

Illinois Classic Car Business Off Route 66 Rises From The Ashes Of Massive Fire

There are still a few remnants at Country Classic Cars from the fire that lit up the sky in this rural Illinois town the night of Aug. 8. Concrete floors in the classic car business off old Route 66 remain warped and blackened in spots. A vault that kept the titles for some 600 classic vehicles safe from the towering flames is marked in places. And two cars that burned in the fire still sit on the lot¸ black and brown crisps of their former glory. The cause of the massive fire is still considered undetermined¸ but the Illinois Fire Marshal narrowed down the source to the wiring in one of five vehicles stored in the business’s main building.
Source: The Page – USA Illinois Classic Car Business Off Route 66 Rises From The Ashes Of Massive Fire

After 2-Year Spike, 2017 Traffic Deaths Fell Slightly

Traffic deaths on U.S. roads fell slightly in 2017 after two straight years of big increases, but a leading safety organization that compiled the numbers says it’s no cause for celebration. The National Safety Council on Thursday estimated that 40,100 …
Source: Journal USA After 2-Year Spike, 2017 Traffic Deaths Fell Slightly

Leaping Elk Crashes Low-Flying Research Helicopter in Utah

An elk leaped into a research helicopter that was trying to capture it and brought down the helicopter in a collision that also killed the elk, authorities said Tuesday. The elk jumped into the chopper’s tail rotor as the aircraft …
Source: Journal USA Leaping Elk Crashes Low-Flying Research Helicopter in Utah

School groundskeeper dies after being hit by tree branch

A groundskeeper died after being struck by a tree branch while performing maintenance work at a school in Berwick on Wednesday.


Source: WorkSafe News School groundskeeper dies after being hit by tree branch

Charges laid after painter’s death

A construction company has been charged following the death of a painter at a building site at Merricks North in 2017.


Source: WorkSafe News Charges laid after painter’s death

Super Bowl short-term home rentals & insurance coverage

The Minnesota Commerce Department is warning homeowners to learn about and short-term rentals before putting their home on Airbnb.
Source: Property Casualty 360 Super Bowl short-term home rentals & insurance coverage

People on the move in the P&C insurance industry: Jan. 19, 2018

News from XL Group Ltd, Lockton, Marshall Dennehey Warner Coleman & Goggin and more.
Source: Property Casualty 360 People on the move in the P&C insurance industry: Jan. 19, 2018