Investec Premium Finance is set to reach a major milestone by signing its 200th broker this week, just 18 months after launching at the BIBA 2022 conference.   Investec, the UK’s seventh-largest bank by turnover, entered the premium finance market to expand its services beyond corporate and private banking. With a team of over 190 […] The post Investec Premium Finance celebrates signing 200th broker  appeared first on Claims Media ..read more

With AI-driven fraud on the rise, the financial industry needs to act now to build better defences and stay ahead of cybercriminals.   Cybercriminals are now using artificial intelligence (AI) to carry out complex fraud schemes, and the financial sector is struggling to keep up. Signicat’s latest report, Battle Against AI-Driven Identity Fraud, reveals that 42.5% […] The post 42.5% of fraud attempts now AI-driven, reports Signicat appeared first on Claims Media ..read more

Hasting Direct Loans (part of the Hastings Group) has selected IDVerse to continue its mission of automating their customer journey to scale into future ambitions. By adding IDVerse’s identity tools Hastings Direct Loans, a technology and data fintech company, continues the theme of innovation and constant improvement needed to become a category leader. The addition […] The post Hastings Direct Loans automates loan decisioning and fraud catch with IDVerse identity infrastructure appeared first on Claims Media ..read more

Andrew Wild (pictured), head of legal at First4InjuryClaims: Coming from a working-class background shouldn’t define your career choices, but it did for a long time.   Years ago, you wouldn’t have seen the son of a nurse and a toolmaker in Number 10, much less a single mum who left school at 16 with no qualifications […] The post Law in 2024: Diverse careers paths enrich profession   appeared first on Claims Media ..read more

The London Market Group hopes to grow the UK’s valuable insurance industry and secure it for the next generation.  The London Market Group (LMG), the trade body for the specialist commercial (re)insurance industry in London, has released a report calling for drastic changes to the way apprenticeships are provided in the insurance sector.   The […] The post London Market Group unveils proposals for insurance apprenticeship reforms appeared first on Claims Media ..read more

The insurance industry is increasingly turning to artificial intelligence (AI) to enhance efficiency and improve operational processes, but experts caution that human expertise will remain crucial.   A recent survey conducted by RDT, a technology provider for insurers and managing general agents (MGAs), reveals that while the adoption of AI is progressing, its full impact […] The post New report suggests human touch still important in AI-saturated insurance market appeared first on Claims Media ..read more

A staggering £121 million has been paid out by NHS healthcare providers in response to mental health and psychiatry clinical negligence claims between April 2019 and April 2024, according to a newly released report.    The report, compiled by Medical Negligence Assist, reveals the alarming financial cost of failings in mental health services across England. […] The post NHS mental health negligence costs taxpayers £121 million over five years appeared first on Claims Media ..read more

James Sterling, Head of Claims, Kayzen Specialty: I counted Latin amongst my favourite school subjects, especially fascinated by Virgil’s Aeneid. This told the story of Helen, the “face that launched a thousand ships”, as the Greeks sailed to win her back from the Trojans, ultimately victorious via the “gift” of a wooden horse. In a […] The post The industry that launches thousands of careers appeared first on Claims Media ..read more

Charles Taylor Assistance, a leading provider of claims, medical and security assistance, and travel risk management, has announced double-digit business growth, driven by its development of cutting-edge digital claims solutions.   The company, part of the wider Charles Taylor Group, credits the surge in international travel post-Covid and its innovative digital platforms for its success.  […] The post Charles Taylor Assistance reports strong growth fuelled by digital claims innovation appeared first on Claims Media ..read more

Challenges in the personal injury and clinical negligence markets create new demands for after the event (ATE) providers.  As the personal injury and clinical negligence markets continues to be increasingly challenging to provide legal services in, there’s an increasing need for ATE providers, medical agencies, and funders to work together and provide integrated and sustainable […] The post After the event: how to choose the right funding solution appeared first on Claims Media ..read more