Motor
Insurance Age blog: Go compare
I don’t often get the chance to write about lovely Norn Iron (say Northern Ireland in the accent if you don’t get it), the place where I was born, grew up, and will very soon be heading back to for a typically hectic Christmas, therefore when I see an…
Biba throws weight behind OFT motor investigation
The British Insurance Brokers’ Association (Biba) has added its support to the Office of Fair Trading’s (OFT) investigation into credit hire and vehicle repair.
ABI welcomes launch of OFT motor investigation
The Association of British Insurers (ABI) has responded to the news of a further investigation into the UK motor market by insisting that insurers were committed to providing the best possible deal for customers.
OFT launches third party repair and credit hire investigation
The Office of Fair Trading (OFT) has launched an investigation into the provision of third party vehicle repairs and credit hire replacement vehicles in the UK motor market.
Admiral ponders creation of law firm
Admiral is considering setting up its own personal injury law firm in light of the developments to legal firms’ ownership under the alternative business structure changes.
RSA exits broker motorcycle market
RSA’s Personal Lines Broker has announced its decision to pull out of the UK motorcycle insurance market.
Brightside secures £100m capacity deal
Brightside Group has confirmed that a new capacity deal with an unnamed re-insurer will deliver £100m of extra capacity to its Gibraltar-based underwriting firm Southern Rock Insurance Company.
Perseverance completes UK exit
Birmingham-based broker, Premium Choice, has bought back shares held by the insurance arm of venture capitalist firm, Perseverance.
Three brokers make top 100 UK companies
Three insurance brokers have made it onto this year’s Sunday Times Fast Track 100 list of UK companies with the fastest growing sales over the last three years.
Motor market fights back, declare experts
Ernst & Young has predicted a significant improvement in the motor insurance industry’s 2011 results following analysis of the UK market’s Q3 statements.
Hastings Direct appoints insurer relations head
Hastings Direct has found a replacement for Adrian Parry as head of insurer development.
Distribution chief Terry Whittaker leaves QBE
QBE Europe has confirmed the departure of Terry Whittaker, managing director of distribution, with immediate effect.
ABI confirms no higher premiums for winter tyres
The Association of British Insurers (ABI) has reassured motorists that fitting winter tyres should not result in higher motor insurance premiums.
Review: Motoring along
Motor Fleet from Axa. 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
Allianz teams up with Adrian Flux and Transactor
Allianz Retail has made its Clear Private Car product available through both Adrian Flux and brokers using the Transactor software system.
Ghost brokers ripping off thousands of motorists
Thousands of drivers could be unknowingly uninsured after purchasing fraudulent or fake cover, according to a BBC report.
LMA urges Ombudsman to look at true costs of rising motor premiums
The Lloyd’s Market Association (LMA) has stressed that losses in the motor insurance market and unnecessary costs faced by insurers are responsible for pushing up prices for customers.
Brightside Group moves more business out of Gibraltar
Brightside is to move another chunk of its business from Gibraltar with the proposed acquisition of software platform Esystems and software house eDevelopment for £17m from Rock e-Systems.
An audience with Brit Insurance
Clock ticking on CPC deadline: why fleet brokers need to act now over regime change
ABI sets out the top five motor insurance priorities
The Association of British Insurers (ABI) has highlighted the need to reduce young driver deaths and serious injuries as one of the five key priorities for the industry.
ABI advises alcohol ban and curfew for young drivers
A ban on alcohol and restricted driving hours are two of the proposals set out by the Association of British Insurers (ABI) in a bid to reduce accidents among drivers aged under 25.
Allianz scores GWP, profit and COR hat trick
Allianz UK has reported growth in both premium and profit and a sub-100% combined operating ratio (COR) for the third quarter of 2011.
Rates hardening at Amlin UK
Amlin UK has revealed an 8.4% growth in gross written premium (GWP) to £269.7m for the year to 31 October compared with £248.8m for the same period in 2010.