Information sharing threatens fraudsters’ credit histories
by Gill Montia
Story link: Information sharing threatens fraudsters’ credit histories
RSA Group has published the results of a survey on insurance fraud, which suggests that 1.2 million Britons do not believe it is wrong to lie when making an insurance claim.
Over half of those surveyed thought people who commit insurance fraud were likely to get away with it, however, 74% of respondents were aware that […]
Royal & Sun Alliance rebranding to RSA, and report 4% rise in profits
by David Masters
Story link: Royal & Sun Alliance rebranding to RSA, and report 4% rise in profits
Royal & Sun Alliance (RSA) have reported a 4% rise in operating profit for 2007, up from £780 million in 2006 to £814 million. This is in spite of losses from the UK floods totalling £120 million.
The company’s net written premiums increased by 6% from £5.48 billion to £5.84 billion. This reflects the […]
Royal & Sun Alliance Announce IT Support Contract With T-Systems
by Stewart Douglas
Story link: Royal & Sun Alliance Announce IT Support Contract With T-Systems
Insurance group Royal & Sun Alliance has today announced it has agreed a deal with German company T-Systems for the outsourced provision of IT services over the next decade, which will see the group look to stabilise its infrastructure support system as it continues to expand its client-facing operations.
The deal is thought to be worth […]
R&SA faces £1m legal fees on DAS claim
by Gill Montia
Story link: R&SA faces £1m legal fees on DAS claim
Royal & Sun Alliance (R&SA) could face substantial legal costs with regard to a long-running case with DAS, the legal expenses insurance company, which has been fighting the insurer to recover £610 for a car hire claim.
In December 2006, DAS won the case in the High Court and an order was issued for R&SA to […]
