Tag Archives: Personal Lines

Lady Accused Of Severing Hand And Claiming On Insurance Policy

Apparently, a female has been accused by the police force in Slovenia of deliberately getting a member of her family to help her cut off one of her hands. So, why would someone do such a thing?

Well, it is claimed that the 21-year-old lady, not too long ago, took out an insurance policy that would pay out in the event of an injury. This policy is believed to have provided cover in the event of such a claim for in the region of a lump sum of 400,000 Euros plus 3,000 Euros per month. We are sure that you will agree these are significant sums of money.

It is claimed that a circular saw was used to severe the woman’s hand from just above her wrist. We are sure that you will agree this does sound rather gruesome and, if proved to be correct, shows what extreme lengths someone will go to try to defraud an insurance company.

Apparently, the woman in question along with a relative of hers are in police custody and could end up spending as long as 8 years in prison if found guilty of what they have been accused of.

It is also claimed that some relatives of the woman who is under investigation got her to the hospital but did not bring the hand that had been cut off with them and informed hospital staff she had been sawing some branches at the time the injury took place. Subsequently, the lady’s hand has been located and re-attached to her arm.

If her and the detained relative are found guilty then they could face as long as 8 years in prison.

Here in the UK, a Personal Accident Plan will usually pay out a lump sum for a legitimate claim due to a certain occurrence such as the loss of a limb. If this is something you are interested in then why not give us a call here at AIB Insurance on 02380 268 351 and a member of our team will be pleased to discuss your requirements and obtain a competitive quotation for your consideration without any obligation.

Hiscox Wins Prestigious Award

Hiscox InsuranceA number of our high net worth clients will be aware that Hiscox has been a member of AIB Insurance’s panel of insurers for quite some time having benefitted from their excellent range of bespoke products such as motor and home insurance. Our decision to include them on our panel has proved to be an excellent one with this being borne out by them winning a number of awards.

The latest accolade to come their way was to win the HNW (High Net Worth) Personal Lines Team of the Year award at the Insurance Post event known as Underwriting Service Awards 2017 at the Royal Garden Hotel, Kensington, London on the 16th November 2017. This was the 7th year that this event has taken place.

Tom WardAwards are made for excellent underwriting as well as providing outstanding service with nominations being put forward by many brokers. The event is extremely popular with in excess of 250 of the top underwriters being in attendance. The evening started with a drinks reception followed by a wonderful dinner after which the awards were presented with plenty of opportunity also being available for networking. The evening was compared by the comedian Tom Ward who has also won a number of awards. A good evening was had by all.

The high net worth sector of the personal lines insurance industry is very competitive so for Hiscox to win such a prestigious award is admirable and they are to be congratulated. Here at AIB Insurance, we have to say that our dealings with the underwriting team at Hiscox as well as their other departments has been nothing short of outstanding and it does not surprise us that they have won this award to add to the many others that they already hold. We look forward to working with Hiscox for many years to come for the benefit of our highly valued clients.

Hiscox AwardOther winners on the night included Zurich winning Product Innovation of the Year and Allianz, who have recently announced merging with LV= scooping both Small Commercial & General Liability Team of the Year.

ARAG picked up the Legal Expenses Team of the Year award with Aviva scooping the Major Commercial Combined Team of the Year. The Cyber and Technolgy award went to CFC Underwriting, Chubb collected the Commercial Property award and the PI & D&O saw Tokio Marine take the silverware.

NMU were the overall night winners though. Initially picking up both Transport/Freight Team, Construction & Engineering Team of the Year and then winning Overall Underwriting Team of the Year.