Mainstream Media

Reforming the soft tissue injury claims process

Reforming the soft tissue injury claims process

The Ministry of Justice consultation paper 'Reforming the Soft Tissue Injury Claims Process' reaches its deadline for feedback on Friday 6 January. Beacon IME CEO explains how evidence-based medicine will help lower rising insurance premiums.

Claim and counterclaim: what is really driving up insurance costs?

New guidelines setting out the size of personal injuries awards, published earlier this week, have recommended even higher compensation payouts for the most common claims. This has prompted fears of even more pressure on insurance premiums for the State's two million drivers. It will also heap pressure on insurers to increase reserves.

Insurers in UAE ‘should share customer information’ to tackle fraud

Insurers in UAE ‘should share customer information’ to tackle fraud

ABU DHABI // Insurance companies should be more willing to share information on customers to help plug a loophole in the system and prevent fraudulent claims, experts have said.
Of the 62 insurance companies in the UAE, 45 offer motor insurance. Of those, 34 cover 5,000 or more vehicles. So far, 21 share a database that ranks drivers so companies can adjust premiums accordingly.