AA
Mapfre targets used car warranty market
Spanish-owned insurer Mapfre Assistance is seeking a share of the £600m UK used car warranty market with the launch of its new brand, Mapfre Warranty.
AA premium index highlights rate increases are levelling off
According to the latest benchmark AA British Insurance Premium Index, the cost of both car and home insurance appears to be levelling off, with small falls in the cost of cover for young drivers and for home insurance.
Roundtable - Claims: The claims game
The expert panel at our recent roundtable on the claims process got their teeth into technology and staffing issues, how to tackle fraud and the impact of telematics. Leigh Jackson reports.
Broker Assistance signs AA Accident Management deal
Broker Assistance has signed an agreement with AA Accident Management to handle credit hire claims for the broking group’s commercial customers.
Insurers fear £9m fraud unit will prompt further cash calls
Figures within the insurance industry have expressed fears that it will be called on to foot the bill for more policing after agreeing to invest £9m over three years in an insurer-funded police fraud unit.
AA Insurance welcomes police fraud unit
The AA’s insurance fraud unit Insurance director Simon Douglas has welcomed the creation of a dedicated 35-man unit.
Affinity: Travel bucks trend as affinity share falls
Finaccord managing director Alan Leach has advised insurers that the affinity market is "not just about motor, household and travel" and to look for potential partnerships in niche segments. He pointed to accident & health, which he said has seen "steady…
Moody's: Insurers to follow Axa lead on referral fees
Axa UK’s announcement that it will no longer accept referral fees from personal injury lawyers is likely to put pressure on the insurer’s general insurance rivals to follow suit.
Young drivers face 50% rise in motor premiums
Young drivers face increases of at least 50% in the cost of their motor insurance over the next couple of years, according to Mazars.
Motor Focus - Premium Challenges: Mauled by the media
After being pounded by the press for putting premiums up, Leigh Jackson looks at the future of motor insurance and asks whether policyholders could do more to help themselves.
Mega-brands set to strip market share from law firms
More than a quarter of consumers would choose a non-legal brand like Tesco, The Co-operative or The AA over a traditional solicitors practice, new research has revealed.
L&G boosts broker force as motor return mooted
Legal & General has revealed plans to recruit a 15-strong team of regional sales & marketing experts to support brokers and intermediaries "on the ground", as it prepares to diversify into motor, pet and travel. Duncan Finch, L&G's managing director for…
Allianz confident over conversions
Allianz is targeting 200 brokers with its new add-on product, Pro Motor Rescue, predicting a conversion rate of between 15% and 20% on participating brokers' entire motor books.
Transatlantic to launch UK personal lines brand
Transatlantic Re is set to launch a new UK personal lines general insurance venture, as the US giant looks to capitalise on hardening premium rates in the motor market.
Broking supplement - Private motor: The drive to succeed
Aggregators, question marks over referral fees and a squeeze on margins are all challenging those in the intermediated personal lines space. But, as Leigh Jackson reports, it is not all doom and gloom.
Broker Assistance creates non-fault matrix
Broker Assistance is creating a non-fault claims database that aims to allow up to 100% third-party capture.
Six in 10 unaware of uninsured driving crackdown
AA Insurance has welcomed the progress being made by the Department for Transport in putting the new Continuous Insurance Enforcement legislation into effect.
Motor price hikes forcing drivers to withhold info
Sharp rises in motor insurance premiums are prompting more drivers to withhold information, as rising costs make insurance unaffordable for some, the AA has warned.
Telematics can curb motor insurance increases
Metaskil managing director Ian Faulkner has said the industry should not ignore developments in telematics as motor insurance premiums continue to rise.
ABI calls for referral fee ban
The Association of British Insurers has called for a ban on referral fees after AA research revealed that the average cost of motor insurance premiums has risen 40% in the last year.
AA: Young driver insurance premium rises are "unsustainable"
The sharp rises in motor insurance premiums are leading to more drivers withholding information when taking out a policy or exaggerating personal injury claims, the AA has warned.
In series - fraud: how essential is PR in the battle against fraud?
PR is essential when it comes to changing perceptions about the insurance industry. Rachel Gordon investigates how successfully this is being utilised in the long-term fight against fraud.
Aviva gears up for telematics return as motor rates rise
Aviva has mooted reintroducing telematics technology for private cars during 2011, according to UK chief executive Mark Hodges.
Interview – Simon Douglas: the attraction of AA Insurance
Simon Douglas, director of AA insurance, previously worked in the life & pensions and private medical markets. He talks to Mairi Macdonald about what attracted him to the debt-laden business and the challenges it faces.