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DWF 3Sixty Blog

We'll always need insurance, won't we...?

Posted by Elliott Seaton on Oct 13, 2016 8:14:07 PM

It's no secret that Insurance technology is on the rise...and it's about time too. It's something that the industry has been lacking and in terms of embracing technology, it has been falling behind somewhat.

Images of the Jetsons and suped up DeLoreans aside, what do these tech advances mean for the industry. Will we even need insurance...

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Topics: claims handling, insurance claims, insurance, insurance technology

4 Ways Brexit Could Affect the UK Insurance Industry

Posted by Elliott Seaton on Jul 19, 2016 2:37:23 PM

June 23rd saw the UK's exit from the European Union. It came as a shock to many, with the Remain Campaign odds on favourites to come through victorious. 

A month on, the UK population are still non the wiser as to what the future holds. All Brexit related movement is rather slow  since David Cameron announced his departure from Downing Street. However, the speculators continue to voice their predictions and try to come up with the magic formula that will paint a picture; looking into the UK's future. 
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Topics: insurance, brexit, eu referendum

A Beginners Guide to Self-Insurance

Posted by Tristan Dorman on Jul 8, 2016 10:28:29 AM

Is self-insurance something you've always wanted to do but not sure where to start? Or do you self-insure but want to know you are doing the basics right?

 

Our latest eBook is designed to answer all of your questions.

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Topics: Insurance Claims Management, insurance, Self-insurance

Quick Quiz: Check your insurance knowledge

Posted by Elliott Seaton on Jun 21, 2016 3:27:25 PM

How well do you think you compare to your peers when it comes to the technical knowledge involved in insurance?

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Topics: insurance, quiz, knowledge

The Top 3 Insurance Qualifications to Turbocharge Your Career

Posted by Elliott Seaton on Jun 9, 2016 11:50:51 AM

Qualifications are often an important factor for career development in any industry. If you're working in insurance however, an extra qualification usually means a higher paycheck and instant progression.

Qualifications are proof that you have knowledge or skill in a certain area. Of course, just because you don't have a qualification doesn't mean that you don't know about a particular subject. 

But it always helps to have a little backing right?

There are a few different qualifications benficial to someone looking for a successful career in insurance. In this post I have picked out the best ones for you. 

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Topics: insurance, qualifications, career

Hard & Soft Insurance Markets: What You Need to Know

Posted by Elliott Seaton on May 16, 2016 10:47:40 AM

The insurance industry, just like any other, experiences trends and changes in it's market. There are two main cycles to be aware of: Hard and Soft.

 

It's important to know what the effects of each are, because it affects the way we purchase cover.

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Topics: insurance, insurance markets

Self-Insurance: Should you take the leap?

Posted by Tristan L Dorman on Mar 10, 2016 1:16:07 PM

What is self-insurance?

Self-insurance doesn’t mean not being insured. It’s the process of retaining predictable losses, whilst insuring unpredictable ones.

In other words, you don’t purchase insurance for the small claims with a minor financial impact. These losses will be less than an insurance premium.

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Topics: insurance

Strategic and tactical fraud busting

Posted by Tristan L Dorman on Feb 12, 2016 3:42:09 PM

In recent independent research commissioned by 3sixty Systems, Insurance Managers in Councils and Housing Associations were surveyed about the issues they are facing.

One of the less surprising themes that emerged was the pressure that all departments were facing on resources.

An increase in handling fraudulent claims was identified as one of the main reasons for the growing strain on claims departments (download the full whitepaper here).

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Topics: Fraud, insurance fraud, insurance

7 most bizarre insurance claims of 2015

Posted by Tristan L Dorman on Feb 4, 2016 2:00:00 PM

Bizarre insurance claim stories have long been a source of material for comedians, but the reality is often stranger than fiction. RIAS has recently released a list of their most bizarre claims they have received.

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Topics: claims handling, insurance claims, insurance