As from 1 April 2017 new rules will apply to Insurers and Intermediaries requiring policyholders to be reminded that they should shop around at each renewal date to ensure that the renewal terms offered continue to meet their needs. Further details available on the Financial Conduct Authority web site.
Independent Loss Adjusters Association
What is ILAA?
An association of professional practices engaged in the negotiation and settlement
of insurance and other claims on behalf of Insurers, Lloyd’s Underwriters, Insurance
Brokers and others, including commercial and private policyholders.
Ethical Standards
All members undertake to deal with claims in a professional and ethical manner,
have no financial interest in any party involved in the settlement of a claim and,
other than a fair fee from their clients, do not accept commissions, benefits, or
inducements from any other party that may call into question the independence and
objectivity of the advice given to the client.
Claims Review Service
Members of the Association offer a Claims Review Service to Insurers, Reinsurers, Policyholders, Brokers and other intermediaries, in order to resolve disputed or problem insurance claims. Further Details