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Williams denies Accident Exchange settlement claims

Axa boss David Williams has rubbished Accident Exchange's claim that the insurer is reluctant to reach a settlement over the use of Autofocus evidence.

Insurer | 16 May 2012 secure

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Accident Exchange CEO Steve Evans

Friend or Foe: Q&A with Accident Exchange CEO Steve Evans

Steve Evans has spent four years bringing the activities of rate surveyor Autofocus to light, making him an unpopular figure in insurance circles.

Insurer | 15 May 2012 secure

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CHO boss champions General Terms of Agreement at OFT meeting

Credit Hire Organisation director general Martin Andrews has welcomed the opportunity to explain the advantages of the Association of British Insurers' General Terms of Agreement after meeting with Office of Fair Trading officials today.

Insurer | 24 Apr 2012 secure

road-traffic-accident

ABI and credit hire firms establish working party for GTA portal

The Association of British Insurers and the credit hire industry have formed a working party to establish a general terms of agreement portal for road accident claims with hire charges.

Insurer | 24 Apr 2012 secure

handcuffs-fraud

CPS to decide on Autofocus fraud charges next month

The Crown Prosecution Service is to decide next month whether it will bring a fraud case against the seven former Autofocus employees who Accident Exchange will apply to commit to prison for contempt of court.

Insurer | 19 Apr 2012 secure

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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

Trafic on a motorway

OFT to hold meeting with credit hire industry

The Office of Fair Trading is to meet with a host of credit hire companies on Tuesday as part of its market study into the rising cost of motor premiums.

Insurer | 18 Apr 2012 secure

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Aviva pays Accident Exchange "seven figure" settlement

Aviva has paid credit hirer Accident Exchange a "seven figure" out-of-court settlement after using "dishonest" Autofocus evidence to reduce its hire charges.

Insurer | 18 Apr 2012 secure

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Comment: Uncertainty is the only certainty

2012 could see a raft of changes to the insurance industry

Insurer | 13 Mar 2012 secure

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Ancillary income still under scrutiny, despite boost to Admiral profits

After easing the pressure built up during a bodily injury claims-ravaged third quarter, bosses at Admiral have been warned that this year's hot topic of ancillary income could yet provide a sting in the tail.

Insurer | 13 Mar 2012 secure

magnifying-glass

CPS investigates 'fraudulent' Autofocus employees

The Crown Prosecution Service has confirmed it is examining the case of the seven Autofocus staff who allegedly doctored credit hire rate evidence.

Insurer | 06 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
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Ai Claims signs three-year deal with ULR

Accident management business Ai Claims Solutions has signed a three-year deal with ULR Additions for the provision of credit hire services.

Claims | 06 Mar 2012 secure

Mechanic

Ai Claims revenue hit by warmer winter weather

Ai Claims has posted a 21% drop in revenue to £47.5m (from £60.1m in December 2010) for the six months to 31 December 2011, citing warmer winter weather and shorter repair times.

Claims | 01 Mar 2012 secure

money-in-hands

Helphire extends banking agreement until 2014 as it slips into the red

Helphire has announced that it had reached an agreement with the group's bankers for the extension of the expiry date of the existing committed banking facilities from 31 December 2012 to 31 December 2014.

Claims | 29 Feb 2012 secure

evans-steve-accident-exchange

Credit hire: Groupama and MMA "close" to agreeing deal with Accident Exchange

Credit hire firm Accident Exchange is said to be "close" to reaching a compromise agreement with Groupama, Provident and MMA Insurance which used Autofocus to demonstrate that Accident Exchange's rates were too high.

Insurer | 20 Feb 2012 secure

toy-cars

Autofocus Legal Action: Rival CHOs line up to take on insurers as Autofocus employees face prison

Long-running legal battle could bring the credit hire industry and the insurance industry closer together

Insurer | 07 Feb 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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