ILC ARTICLE

ILC Breakfast News – Wednesday, 22 May 2024 


Motor  

ARC360 event to set out future path 

The future of the vehicle repair sector is set to be unveiled at ARC360’s forthcoming ‘future vehicle technology’ themed event. 

Taking place on Thursday 27 June 2024 at the Manufacturing Technology Centre (MTC) in Coventry, the specialist event is sponsored by Activate Group, Thatcham Research and Stellantis, and will examine topics such as the chancing car parc, the impact of the ZEV Mandate, and integration within the repair sector. 

AkzoNobel secures international standard 

AkzoNobel’s power coatings site in Como, Italy, has received International Automotive Task Force (IATF) 16949 certification, a global technical specification and quality management standard which focuses on continuous improvement, defect prevention and waste reduction within the automotive supply chain. 

S&G Response identifies engineering hits and misses 

S&G Response has highlighted five cars it believes has engineering challenges, and five that display engineering excellence. 

It has identified the Tesla Model S, Ford Focus (2012-2018), Jeep Wrangler (2018-present), Nissan Pathfinder (2013-2014), and BMW 7 Series (2002-2008) as models with challenges, while the Toyota Camry, Honda Civic, Mercedes-Benz S-Class, Porsch 911 and Lexus RX as being standard setters. 

Markerstudy unveils Sustainable Supply Chain Charter 

Markerstudy is inviting suppliers to demonstrate their commitment to its sustainability targets by signing its new Sustainable Supply Chain Charter.  

The charter is the first part of Markerstudy’s Sustainable Supply Chain Programme, which will benchmark suppliers via third-party assessments and then support them in making the necessary improvements. 

TRL part of PACTS mentality 

TRL has signed up to The Parliamentary Advisory Council for Transport Safety (PACTS) manifesto, which calls for immediate action to address the persistent issue of road fatalities and serious injuries on UK roads.  

AV Act leaves unanswered questions 

Thatcham Research has called for further legislation to ensure the safe introduction of autonomous vehicles to UK roads after the Automated Vehicles Act received Royal Assent this week. 

The Act could pave the way for autonomous vehicles to join UK roads as early as 2026, but Thatcham Research has said that additional legislation around safety, access to data, and potential cyber threats will be critical. 

Solera and Audatex agree sustainability partnership 

Solera has announced a new strategic partnership to better support the repair industry measure and reduce CO2 emissions. 

The partnership means Axalta becomes the first paint manufacturer to provide data to calculate emissions of specific processes and products during the repair as opposed to industry averages. 

Home 

ILC Home & Property Networking Lunch proves major success

The insurance claims sector gathered in London last week for ILC’s Home & Property Networking Lunch in support of the Rainbow Trust Children’s Charity.

Taking place on Friday 17 May at the majestic Grand Connaught Rooms the event was headline sponsored by Corelogic and backed by ILC Home & Property Corporate Partners: Catalyst Services UK, CET Structures, Clearway, DAC Beachcroft, DASA, Evolution Claims, Geobear, ICAB, Innovation Group, Prime Disaster Response, Sedgwick and Verisk; along with Gold Sponsors: A3 Alternative Accommodation, Perfect Group, Rainbow Restoration, Richfords Fire and Flood and Westone Housing; as well as Silver Sponsors: Capital Services, Davies Group, DJH Ravcon, Gateley Smithers Purslow, Jensen Hughes, Ridge & Partners, Safeline Environmental and TW Barber.

Special guests Judy Murray OBE and Derek Redmond provided entertainment and helped with the fundraising. Final fundraising totals will be announced shortly.

Construction supply chain pressures ease 

The latest report from the Construction Leadership Council’s Material Supply Chain Group has revealed good levels of product availability in the sector, but has identified continued price volatility around timber-related products and PIR insulation boards. 

Flood risk rises home premiums to £1,000 

A Rotherham resident has seen her home insurance premiums nearly double to £1,000 after the property was flooded three times in 25 years. 

Insurer AXA has said the price hikes are the result of ‘her recent claims and increased flood risk in the area.’ 

Claims Essentials 

ENTER NOW! ClaimsTech – The Pitch countdown is on 

The countdown is on for ClaimsTech – The Pitch 2024 for application submissions for a chance to ‘pitch’ live to an audience of key persons of influence from some of the UK’s leading insurers. 

ClaimsTech set to explore perception Vs reality 

ClaimsTech – The Journey is set to take delegates on a passage where technology and consumer meet, with perception Vs reality put under the spotlight. 

Winning the talent war with military spouses 

A thread running through ILC’s New Generation in Claims event held in Manchester recently was the need to approach recruitment differently in order to access a more diverse talent pool.  

Speaking at the event were Heledd Kendrick and Cerise Upham, CEO and Managing Director of Recruit for Spouses (RFS), who revealed that thousands of highly skilled and flexible employees were just a phone call away. 

AI can reduce bias 

While many fear increased bias as a result of greater implementation of AI, Synetics Solutions argued that the correct approach to leveraging the technology, particularly around fraud and finance, can actually reduce bias in risk evaluation and decision-making. 

Marshmallow joins IFB  

Marshmallow will enhance its counter-fraud strategy and collaborate with the wider industry to tackle the issue after becoming a member of the Insurance Fraud Bureau (IFB). 

MGA 

Insurers urged to tap into parametric potential 

The benefits of parametric insurance are under-used and misunderstood, according to Ola Jacob, Parametric Insurance Development Director at Descartes Underwriting

He was talking at the recent Insurtech Insights event in London. 

Brown & Brown boosts retail business 

Brown & Brown (Europe) has acquired Garratts Insurance Brokers, which serves commercial, charity and contractor customers, as well as Essex-based broker BNF Insurance Services, which writes insurance for commercial customers and creatives, as well as property and motor. 

Industry News 

ILC Industry leader interview: Mark Burton, Partner, Kennedys 

Claims inflation is having a huge impact on the catastrophic injury sector. Here, Mark Burton, Partner & Head of Serious and Catastrophic Injury, Kennedys, explains how his company is adapting to support customers and where he sees the industry going next.  

DCL Claims Clinic set for Birmingham 

DCL will host another Claims Clinic on 19-20 June, this time in Birmingham.  

Open to brokers and claims handlers with an agency with DCL, the clinic offers face-to-face sessions around claims queries, claims reporting, claims processes, and fraud.  

Mental health bill tops £51bn 

New research from Deloitte has revealed that the cost to employers of poor mental health is £51bn per year, with presenteeism – turning up for work while ill and under-performing – accounting for £24bn of that. 

Positive movement for mental health 

The Mental Health Foundation has celebrated a successful Mental Health Awareness Week, which concluded on 19 May.  

This year’s theme was ‘Movement,’ aiming to raise awareness around the mental health benefits of being physically active. 

People 

Direct Line Group has appointed Lucy Johnson as Managing Director of Motor, while Dhruv Gahlaut joins as Chief Strategy and Investor Relations Officer. 

Kenny Prazer has joined CPA Adjusting as Operations Manager. 

Mobile – People.Powered.Logistics has appointed Simon Pemberton as Non Executive Director. 

Kennedys has appointed Molly George as Client Development Executive. 

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