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Social Media: The social media circle

With a culture of risk aversion, insurance is not a major social media player. But will the emergence of innovative German player Friendsurance change things?

Insurer | 22 May 2012 secure

Social media
young-driver

Young driver car insurance amounts to a fifth of salary

Young drivers can pay nearly 20 per cent of their annual salary in car insurance, according to Confused.com.

Broker | 21 May 2012 secure

Confused.com tv ad

Confused in the clear after complaints about 'overly sexual' ads

Confused has been forced to defend a television advert featuring bikini-clad cartoon characters after 37 complaints were lodged with the Advertising Standards Authority.

Insurer | 27 Apr 2012 secure

Facebook home page

Confused creates home cover Facebook app

Confused has launched a Facebook video app called House of Horrors to raise awareness of the importance of home insurance, coinciding with the launch of the aggregator's Nectar campaign.

Broker | 17 Apr 2012 secure

Admiral aggregators

Price-comparison model questioned as Admiral casts off Italian Chiarezza

Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.

Insurer | 17 Apr 2012 secure

insurance-hound-monty
The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

going down

Car insurance prices fall for first time in more than three years

The results of the Confused and Towers Watson car insurance price index for the first quarter of 2012 also reveal that the cost of comprehensive cover fell by 3.3% in the last quarter, with third-party, fire and theft premiums seeing a smaller decrease...

Insurer | 12 Apr 2012 secure

learner-driver

New telematics motor insurance brand keeps parents updated

Fresh Insurance has launched a telematics young drivers car insurance brand that gives parents real-time updates on where and how their child is driving.

Insurer | 03 Apr 2012 secure

Tipping point graphic

Aggregator analysis: price comparison evolution reaches tipping point

With signs pointing to a soft market, questions abound about what will now drive a customer to use an aggregator to switch insurer.

Insurer | 03 Apr 2012 secure

kevin-taylor-3

Post Blog: Banking on search ranking

With Google never revealing how to rank highly in its search results, it's tough for insurers, brokers and aggregators to appear on the first page.

Insurer | 30 Mar 2012

Zurich UK general insurance chief executive Stephen Lewis

All in the execution: Interview with Zurich's Stephen Lewis

Having "fixed the fundamentals" and realigned Zurich into three distinct divisions, Stephen Lewis is now seeing his plans come to fruition. So where does he go from here?

Insurer | 13 Mar 2012 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
alastair-lyons-towergate

Admiral COO describes 2011 as a year of two halves as profit hits £299m

Admiral has reported group profit before tax up 13% at £299m in 2011 (2010: £266m) on a turnover up 38% at £2.19bn (2010: £1.58bn).

Personal | 07 Mar 2012 secure

car-with-rays

Telematics: Aggregators - the future of 
motor insurance

As young drivers are priced out of the market, could the emergence of telematics bring an end to the dominance of the traditional big four aggregators, as others seek to take a share of the market?

Personal | 28 Feb 2012 secure

Comparison Sites Screengrabs

Brokers issue retention rate warning over commercial insurance aggregation

Insurance firms looking to help aggregators target commercial insurance expansion in 2012 have been warned to check poor retention rates and increased fraud risks before over-committing themselves.

Commercial | 14 Feb 2012 secure

Bradford Town Hall

Bradford top for motor premium rises

Bradford saw the highest increases in motor insurance premiums last with a whopping 17.1% compared with an overall average below 5%, Confused.com and Towers Watson claim.

Broker | 12 Jan 2012 secure

Stone on Sand

Expert analysis: Relatively calm

Although competition remains fierce in the aggregator arena, the rush for volume has slowed as the motor market moves closer to break-even point, says Tom Cooper, Igo4.

Broker | 10 Jan 2012 secure

Comment

Lynn Rouse

Editor's comment: Fleeing the family nest

This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.

Work equipment risks in the UK

Work equipment risks in the UK

The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.

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