Motor
Brightside to help drive growth for Debenhams' motor offering
Brightside has launched a new car insurance offering in partnership with Debenhams.
MASS "disappointed" by bodily injury claims findings
The Motor Accident Solicitors Society (MASS) has said it is "very disappointed with, but not surprised" at the findings reported by The Institute and Faculty of Actuaries.
CMCs singled out for "staggering" rise in accident claims
Claims management companies (CMCs) have been condemned for the "staggering" increase in bodily injury accidents, according to a report published today by the Institute and Faculty of Actuaries.
Arista boosts motor fleet expertise
Arista has appointed Becky Trueick as motor fleet underwriter, based at its Southampton office.
RSA motor claims chief leaves post after 18-year stint
Ian Thompson has stepped down from his role as personal motor claims director at RSA.
Industry backs OFT’s move to refer motor
OFT chief executive refers “dysfunctional” motor market to the Competition Commission
Products: Equity Red Star launches product small fleets
Equity Red Star has launched SME Protect, a new mini-fleet product for family run businesses and small enterprises with fleets of two to 10 cars and/or commercial vehicles.
Product roundup: Motor market focuses on fleet
The UK motor fleet market enjoyed a bit of attention last month, with two market developments. Equity Red Star kicked things off, releasing SME Protect, its new mini-fleet product.
Profile: The billion pound man
Allianz Retail’s general manager Jon Dye predicted the division would hit £1bn in GWP by 2013, Emmanuel Kenning finds out if he is going to reach that target
RSA and The Co-operative unveil motor recovery deal
RSA and The Co-operative Insurance have announced a bilateral agreement aimed at settling outstanding motor recoveries.
Gocompare delivers £34.7m profit
Gocompare.com has announced a £34.7m pre-tax profit for 2011, a 15% increase on 2010.
Motor will not return to profit until at least 2014, says Ernst & Young
The motor insurance market will not make a profit in 2012 or 2013 despite a significant profitability improvement in 2011, according to Ernst & Young.
Claims companies shoulder blame for high motor insurance
More than 50% of UK drivers blame the cost of motor insurance on claims companies and injury lawyers, according to a survey published today.
Brightside turns to Holman as Banks quits
Brightside has confirmed that chief executive officer Arron Banks has resigned from the broker and will be replaced by Martyn Holman.
Equity rolls out mini fleet product
Equity Red Star has launched SME Protect, a mini fleet product targeting family run businesses and small enterprises operating fleets with two to ten cars or commercial vehicles.
Queen honours philanthropy of Carole Nash founder
Carole Nash, founder of the eponymous motorbike insurance specialist, has been awarded an OBE for her philanthropy in the Queen’s birthday honours list.
New HNW provider targets broker market
Aurum Underwriting which writes high net worth (HNW) and specialist vehicle cover through intermediaries has begun trading with brokers ahead of a full UK roll-out later this year.
Allianz warns that RSA judgment could push motor costs higher
Allianz has warned that a High Court decision on the RSA repair model could add 25% to motor repair bills.
NIG reveals profits in 2011 results
NIG has revealed that it made a profit after tax of £47.3m in the year to 31 December 2011, a reversal of the £78.8m the provider lost in 2010.
ABI backs Equality Act exemption
The Association of British Insurers (ABI) has welcomed confirmation from the Home Office that the incoming Equality Act will not apply to financial services.
Travelers and Esure in talks over potential deal
Travelers has been holding preliminary talks about buying a stake in Esure.
HDI-Gerling revs up for UK motor fleet market
HDI-Gerling is expanding its product range to enter the UK motor fleet market.
MP slams medics assisting in false whiplash claims
Bradford East MP David Ward has stated the medical profession “must accept its role” in insurance fraud following reports that doctors are receiving payments to assist with false whiplash claims.
Direct Line enters telematics market
Direct Line is offering telematics products to customers following a pilot with sister firm Tracker.