Motor
Motor market gears up for new NCD law
Brokers split over effect of new rules on no claims discount protection coming into force on 1 August
Covered Insurance unveils on demand cover for learner drivers
Product to be the first launched on the broker's Insurance on Demand platform.
Motor insurance premiums rose to £13.9bn in 2015
Industry net combined ratio increased to 102%.
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Tempcover launches short term motorbike insurance
Broker aiming to boost overall policy count by 10% in a year.
Keychoice adds Markerstudy to motor panel
Broker members can now access Zenith Insurance and Zenith Marque products.
John Holman bought by Insurance Holdings
Lloyd’s brokers will now trade as Carroll Holman and CEO Andrew Holman will focus on developing tech solution Websure.
Review: Discerning drivers
Covéa Executive Motor. This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
Sure Thing teams up with Motorplus
Scottish motor broker signs up with claims management specialist.
New Allianz structure is about making brokers’ lives better, says Jon Dye
UK CEO confirms insurer will do everything it can to find roles for 170 staff affected by proposal to withdraw from direct home and motor.
Allianz restructure puts 170 jobs at risk
Insurer set to withdraw from direct home and motor markets in the UK.
THB partners with Unicorn Underwriting on motor fleet
Broker taps into capacity from Berkshire Hathaway International.
Arc Legal and Road Halo offer new distribution model for motor legal cover
Motor prosecution defence insurance can be bought as an add-on or standalone product.
Aviva detected one crash-for-cash claimant every three hours in 2015
Insurer says Birmingham is top spot for crash-for-cash fraudsters.
Brentacre to branch out into commercial insurance
Broker hires Lauren Grove as business development manager.
ERS launches enhanced offering for classic car collections
Facility will provide cover of up to £50m.
Hastings to keep focus on motor and telematics
CFO Hoskins says Brexit and possible IPT hike would not impact the firm.
Chubb launches cover for repairing damage to older cars
Diminution in Value will also compensate clients for vehicles' loss of value following repairs.
AA warns of IPT hike in Osborne's Budget
Broker believes Insurance Premium Tax could go up again in less than six months in “double-whammy con on drivers”.
Sompo Canopius ponders UK motor business sale
Insurer bought KGM in 2010.
Admiral operating profit hits £379m
Profits up and motor COR improves to 81% but Confused.com sees profit fall.
Revenue and profits up at Moneysupermarket
Insurance revenues rose by 2% in 2015.
Direct Line’s commercial COR reaches 104.5%
Home and motor CORs come in below 100%.
Zurich launches private motor schemes on Transactor
Household schemes to follow shortly.