Admiral
Insurers still failing to meet FCA renewal rules
The Financial Conduct Authority has warned it will take action against general insurers who fail to implement rules introduced to encourage shopping around at renewal time.
Smart Driver Club in talks with insurers to increase capacity
Smart Driver Club will expand its capacity in order to grow premiums by 200% over the next two years.
Insurance leaders pledge to pass on personal injury reform savings
Insurance leaders have pledged to pass on all savings made through the Civil Liability Bill reforms to policyholders.
Cost of motor claims hits highest ever level
The cost of motor claims has climbed to the highest level on record, the ABI said. However, claimant solicitors say the numbers don't paint the whole picture.
This Month In Post: Truth or dare on cyber
At the ABI annual dinner on Monday, as guests at my table predicted future insurance trends, I was struck by a suggestion. People will want to protect their most precious belongings and, in 10 years’ time, that will be their personal data, a KPMG partner…
Admiral applies for post-Brexit base in Spain
Admiral will aim to open a post-Brexit subsidiary in Spain, the company announced, as it reported a 43% increase in its pre-tax profit last year.
Admiral replaces panel of private eye firms
Exclusive: Admiral has replaced its panel of private detectives it uses to investigate claims.
Analysis: Insurers torched on Twitter over Liverpool Fire
How social media influenced the response of insurers to the Liverpool fire
Admiral refutes 'racist pricing' allegations
Admiral has refuted claims that it operates a 'racist' pricing structure.
Post Power List 2018: David Stevens
CEO, Admiral
Former Admiral pricing exec named CEO of US subsidiary
Alberto Schiavon has been named as CEO of the US direct to consumer insurer Elephant Insurance.
Fraud Awards 2017: Winners and highly commended
The leading lights of the claims sector gathered at the Brewery in London on Thursday night to mark this year's fraud fighters.
Admiral receives government grant to expand business
Admiral received £668,500 from the Welsh government in order to create close to 200 jobs in Cardiff.
Admiral launches home and motor multicover policy
Admiral has launched a Multicover insurance product, combining its car and home insurance into one policy.
Direct Line tops the poll for new GI complaints
Direct Line, Aviva and Ageas are among the firms to have the most new GI complaints made about them to the Financial Ombudsman in H1.
More than half of insurers now use My Licence
With 52% of insurers using My Licence, the Motor Insurers' Bureau hit its adoption target for the platform in Q2.
Week in Post: Last of the summer wine
This week we’ve seen some major acquisitions in the summer lull between the tail-end of results season, and everyone heading off to their holidays in Spain.
Admiral CEO’s charity sells £4.57m shares following H1 results
Exclusive: A charity linked to Admiral CEO David Stevens has sold £4.57m in shares in the company.
Further Ogden hits anticipated but whiplash claims falling, says Admiral
Admiral is anticipating further cost pressures as a result of the change to the discount rate, but has confirmed that whiplash claims are falling.
Confused's profits fall 46%
Confused.com, Admiral’s price comparison business, saw profits almost half in the first six months of the year.
Admiral reports slight rise in pre-tax profit despite Ogden impact
Admiral has reported a slight jump in its pre-tax profit during the first half of 2017, despite an earlier hit to profits of £150m from the Ogden rate change.
Analysis: The truth behind the broken system of dual pricing
The industry has faced sustained attacks in recent months for its ‘shameful’ practice of raising rates for loyal customers, with one newspaper calling for the government to ‘punish the insurance pirates’.
FCA orders Admiral to contact customers after providing false renewal information
The Financial Conduct Authority has ordered Admiral to contact customers who may have received inaccurate premium amounts in renewal documents.
Roundtable: Digital is an attitude
Being a digital insurer isn’t about the aptitude but the attitude. This was the conclusion of a roundtable I chaired recently for Post, in conjunction with SSP.