Insurance Post’s Post

Have you read our new blog on the contentious nature of total loss in motor claims? Handling total loss claims is often challenging for both insurers and policyholders. Disputes over vehicle valuations, tough negotiations, and the stress of finding a replacement vehicle can all lead to friction. As tensions rise, maintaining trust and transparency between insurers and customers has never been more crucial. Customers expect fair treatment, yet traditional practices are putting these relationships at risk. In our latest blog, we delve into the key challenges of total loss claims, such as accurate valuations and the need for sustainable 🌍, efficient solutions. We also touch on how e2e’s services can help counteract these issues, ensuring good relations between insurers and policyholders while streamlining the claims process. Additionally, we explore the impact of Consumer Duty regulations, which are pushing for more transparent and fair settlements - ensuring both insurers and policyholders are protected. 🔒 Want to learn how we’re reshaping the process and delivering better outcomes for everyone involved? 👉 Read the full blog - https://lnkd.in/ee8XcTCf #e2e #claims #claimsmanagement #totalloss

It was great to see Adam Edwards featured in Automotive Management (AM) editor Tim Rose's Top Five ‘Killer Quotes’ from automotive industry senior executives and analysts published in the AM’s latest Spotlight on Finance & Insurance special report. Adam was featured alongside other insightful quotes from Mark Busby, Cheryl Ållebrand, Simon England and Tim Smith. The quote of Adam's that Tim chose was “The annual board report (due by July 31) will be an opportunity to bring attention to the Consumer Duty again at a senior level within the business.” I agree with Tim that Adam makes a really important point here, highlighting the #fca focus on the #consumerduty has not stopped as the FCA is highlighting the Consumer Duty is "not once and done". As such, internal #compliance teams should be using the annual board report to bring attention to the Consumer Duty again at a senior level with the business. #financialregulation #financialservices Daniel Seely #motorfinance #consumercredit Signs are that many dealers are complying with FCA's Consumer Duty rules

“Global” can often feel like the opposite of “personal” when it comes to large businesses and the way they support their customers. That’s why we feel immense pride in Zurich Insurance’s global customer management program earning top honors across industries in the Strategic Account Management Association (SAMA)’s Excellence Awards. Read more. https://lnkd.in/gaEGuAaG #StrategicAccountManagement #Excellence #ZurichCommercialInsurance 

“Global” can often feel like the opposite of “personal” when it comes to large businesses and the way they support their customers. That’s why we feel immense pride in Zurich Insurance’s global customer management program earning top honors across industries in the Strategic Account Management Association (SAMA)’s Excellence Awards. Read more. https://lnkd.in/gaEGuAaG #StrategicAccountManagement #Excellence #ZurichCommercialInsurance

Our CEO is in Motor Finance and Leasing Life today expressing his concerns about the potential for a mis-selling scandal arising from businesses’ failure to identify vulnerable customers. Jonathan Barrett cautioned that within the automotive services industry, “all the ingredients were present” for the Financial Conduct Authority (FCA) to intervene through an investigation into industry practices to prevent consumer harm.   Find out what he has been saying here ⏭ https://lnkd.in/ejYimcbp #automotive #vulnerability #consumerduty #FCA #consumerharm #vulnerablecustomers

“Global” can often feel like the opposite of “personal” when it comes to large businesses and the way they support their customers. That’s why we feel immense pride in Zurich Insurance’s global customer management program earning top honors across industries in the Strategic Account Management Association (SAMA)’s Excellence Awards. Read more. https://lnkd.in/gaEGuAaG #StrategicAccountManagement #Excellence #ZurichCommercialInsurance 

“Global” can often feel like the opposite of “personal” when it comes to large businesses and the way they support their customers. That’s why we feel immense pride in Zurich Insurance’s global customer management program earning top honors across industries in the Strategic Account Management Association (SAMA)’s Excellence Awards. Read more. https://lnkd.in/gaEGuAaG #StrategicAccountManagement #Excellence #ZurichCommercialInsurance 

🔹 31 Years of Selling Success at O'Keeffe & Swartz 🔹 We're proud of our heritage and our dedication to excellence in the insurance sales industry. Here’s what sets us apart: ✅ Focused Expertise: 31 years of selling simple insurance products. ✅ Massive Reach: 50,000 policies sold monthly ✅ Robust Performance Management: Rigorous but fair processes to ensure top performance. ✅ Scalable Infrastructure: 650 active seats with potential expansion to 1,000. ✅ Compliance Excellence: Incredible standards and results. ✅ Trusted and Experienced: Our management team brings a wealth of knowledge and acts as trusted advisors. ✅ Financial Responsibility: Prudent management of resources. At O'Keeffe & Swartz, we are not just about numbers; we’re about nurturing talent, ensuring compliance, and delivering consistent results. Discover what makes us a trusted partner in the insurance industry! https://lnkd.in/egvCt2Hu #InsuranceIndustry #SalesLeadership #Compliance #ScalableBusiness #TrustedAdvisors

Partnering for Success: VSNI's Top Traits for Strong Insurance Alliances In the insurance industry, strong partnerships are vital. At VSNI, we believe these three traits are key: Seamless Communication: Building Bridges Dedicated Partners: A designated VSNI team member ensures clear communication. Proactive Updates: Regular progress reports keep adjusters informed. Shared Goals, Mutual Benefits: A Rising Tide Customer-Centric Approach: Fast, efficient repairs increase customer satisfaction. Reduced Workload & Savings: Efficient repairs free up adjusters' time and lower claim costs. Trustworthy Reliability: Delivering on Promises Proven Track Record: Consistent, exceptional service in collaborations. Streamlined Efficiency: Fast turnaround times for repairs minimize delays. VSNI is your reliable partner in claims management. Ready to build a successful partnership? Contact us today! #EfficiencyExperts #WinWinPartnerships #InsuranceInnovation

Had a great meeting with the BRP D&O Center of Excellence Team last night. Did you know that BRP has a partnership with Nasdaq to offer D&O and Management Liability Solutions? Key takeaways from the meeting: Premiums for Public and Private Company D&O Insurance are down by as much as 20% to 30%. Proprietary Benchmarking Data shows that some organizations are overpurchasing limits and could significantly reduce insurance spending. If you are a CFO or Board Member and would like to discuss your D&O needs, I'm happy to make an introduction. #D&O Insurance #Nasdaq #BRP --- Your message looks clear and concise! If you have any further questions or need additional adjustments, feel free to ask.