Insight and Intelligence on the London & International Insurance Markets

12 December 2017

Search archive

Davies Group exec sees Enterprise Act ‘nerves’

Laura Board 15 February 2017

A top executive at outsourced claims handler Davies Group has noted widespread uncertainty among insurers ahead of the implementation of UK legislation that could penalise them for the late payment of claims.

Mark Grocott, who is property managing director and chief technology officer at Davies, was speaking to The Insurance Insider before the 4 May introduction of the Enterprise Act.

The new law will make insurers liable for additional losses if claims aren't settled within a "reasonable" period of time...


If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership



Share:

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2017. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π