ILC ARTICLE

ILC Breakfast News – Wednesday 26 October 

25th October 2022

Home

Ageas selects Amazon 

Ageas will sell its personal lines home insurance policies through the new Amazon Insurance Store through a new product called ‘Ageas Select’. 

“Ageas’s position as one of the first participating insurers for the new Amazon Insurance Store is further evidence of the success of our multi-channel, electronically-traded personal lines business,” said Ant Middle, Ageas UK CEO. 

Aviva warns of ‘perfect mix of mayhem’ claims 

According to Aviva home claims data from the last five years, malicious damage claims increased by 21% during the months of October and November, compared to the monthly average. 

Home theft claims were also found to rise by 23% during the same months. 

Motor

Marshmallow the blueprint for insurtech success 

Insurtechs have the agility, technical expertise and customer focus to outmanoeuvre traditional insurers – although there is room in the market for both types of providers. 

That was the opinion of Paula (Coulthard) Griffiths, Insurance Director at Marshmallow, who delivered a keynote address – ‘Motor Insurance in a Modern World’ – at ILC’s Exclusive Motor Claims Conference, which took place at London’s prestigious Landing Forty Two. 

Failing OIC to blame for low motor claims

The Association of Consumer Support Organisations (ACSO) has said the new Official Injury Portal is to blame for the low numbers of motor claims. 

Copart raises £2k for charity

As part of our ongoing Copart Cares CSR commitment to good causes and communities, Copart teammates took part in two major fundraising events this month for health and wellbeing charities – Macmillan Cancer Support and Ben Automotive Charity. 

Audatex backs Vizion VDA training

Vizion Network and Audatex are working together to promote the importance of VDA training to their repairer network, to ensure the consistency, accuracy and safety of each and every repair. 

Every license based Audatex Bodyshop customer receives training credits every month, for each site. These training credits can be redeemed against any training course available from Audatex. 

ARC360 set to explore practical impacts of industry challenges

Customer satisfaction, reshaping supply chain relationships and having the ‘why’ in your business are just some of the key topics set for November’s ARC360 ‘Gaining Ground Together’ event. 

Taking place on Thursday 24 November at the Manufacturing Technology Centre (MTC), Coventry the event will kick-off with a ‘state of the nation’ round-up of the latest data and hot topics of the day, followed by a host of sessions focusing on the implications of the current challenging socio-economic factors. 

ClaimsTech

Weathering the claims inflation storm through data enrichment 

Claims professionals are all too aware that inflation could reach 11% this year. With the cost-of-living crisis deepening along with the ongoing challenges created by Brexit and the residual effects of the pandemic, claims costs are rising.

Have you seen…

Catch up on our latest ClaimsTech interviews along with our other ClaimsTech video content!

MGA

Lifting the lid on innovation 

As part of its ethos of adding value throughout its community, ILC’s inaugural MGA Claims Conference, held in London last month in association with MGAA, featured a number of tech sessions to offer insights into the latest innovations in the market. 

The sessions were delivered by ILC partners and gold sponsors of the event Claims Consortium Group, Clearspeed and DFW360. 

Industry News

Amazon set to disrupt UK insurance sector  

Amazon has launched a new comparison site for UK customers seeking to buy buildings and contents insurance. 

Its portal has been developed as a direct competitor to established comparison websites such as Moneysupermarket, Uswitch, Compare the Market and GoCompare. 

Allianz launches EV charge point inspections

Allianz’s engineer surveyors can now inspect charging points for electric vehicles, which new builds need to be equipped with since a Building Regulations update came into force earlier this year. 

All Allianz engineer surveyors completed training for EVCE inspections for mode 3 charging points in commercial and industrial locations. 

Industry rallies behind Ukraine charity drive 

The insurance world has again come together to support Legacy Claims Consultant at Clegg Gifford & Co John Green as he prepares to make a fourth delivery of valuable provisions to refugees on the Ukraine border.