Co-operative Insurance
UK Drainage Network scoops supply chain award
Independent drainage company the UK Drainage Network has received the Co-operative Insurance Claims Supplier of the Year and Supply Chain Collaboration awards at the RSA.
PM and insurers unveil six point plan after motor premium summit
The Prime Minister has committed to tackling the compensation culture, reducing legal costs and cutting health and safety red tape.
ABI to highlight insurer cost pressures at PM meeting
The Association of British Insurers has welcomed the chance to tell Prime Minister David Cameron "the unacceptable cost pressures" insurers face at the Downing Street meeting this evening.
BGL linked with Minster Law swoop as insurer/broker ABS uptake tipped to rise
The on-going backlash over referral fees has been credited as both a hindrance and catalyst for insurers and brokers seeking alternative business structures.
AA and Co-op report storm claims spike
AA Insurance has reported 200% more calls than would normally be expected at this time of year and the Co-operative Insurance received more claims yesterday than it would usually get in the whole of January.
Insurers warn of Christmas car crashes
According to Axa there has been a 45% rise in accidents between 20 and 24 December over the past two years compared with the rest of December, meaning up to 56 000 drivers could be involved in a collision during this period.
Targeting young drivers pushes more insurers to switch to telematics
Co-operative Insurance is “on track” to have 10 000 customers signed up to its young driver telematics product, as Direct Line announces it too is targeting a pilot at this demographic.
Stonepoint to reduce interests in Cunningham Lindsey and Lockton – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how, according to market speculation, Cunningham Lindsey and Lockton International are both looking at options that may see private equity giant Stonepoint Capital…
Rok - one year on: Bearing up after Rok
When Rok went into administration, insurers had to respond rapidly. One year on, how are they coping and what lessons have they learned?
Axa Assistance eyes £40m target with launch of Rok replacement service
Axa Assistance has launched its own home emergency service, spurred on by the demise of Rok Insurance Services, in a bid to gain greater control over customer service.
Top 100 UK insurers supplement - brand analysis: Battle of the brands
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand has never been more vital. So who is getting it right?
RSA to head to High Court to defend disputed subrogation policy
RSA is going to the High Court next year in a bid to defend its policy of adding as much as 25% to bills passed on to rival insurers through subrogation.
Postbox: Fraud problem underestimated
I am writing to address the comments in the last edition of Post from Simpson Millar partner Emma Costin 'Co-operative attacked over PI claims fraud focus' , who I believe is underestimating the growing issue of false personal injury claims.
Co-operative confirms dedication to GI market
Co-operative Financial Services has claimed general insurance remains "integral" to its business, after announcing plans to shed 750 jobs and sell off its life insurance business.
Royal London in talks to acquire CFS’ life and asset management businesses
Mutual life and pensions company Royal London, has announced that it has entered into exclusive talks with Co-operative Financial Services to acquire its life assurance and asset management businesses, representing around two million policyholders and …
Co-operative calls for tougher stance on false claims
The Co-operative Group is calling for tougher penalties for firms that encourage false personal injury claims and cold-call potential claimants via email, text or phone.
Supercover seeks partners after income quadruples
Niche intermediary Supercover Insurance is seeking new distribution partners after increasing its income four-fold in 18 months.
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…
Tackling fraud - Roundtable: The time for action is now
With new counter-fraud tools coming onstream, Post gathered a group of experts to assess whether these will be enough to outweigh expected reductions in police resource when fighting this crime. Chinwe Akomah reports.
News analysis - Aggregators: The challenge of converting quotes
In the 10th quarterly price comparison watch, Tom Cooper finds no slowdown in quote volumes but converting them into sales represents a growing challenge.
Cornish wins costs case against RSA
Cornish Mutual has successfully challenged a subrogated repair cost dispute with RSA.
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.
Co-op to increase aggregator usage
Co-operative Insurance has set its sights on growing its household book by widening its use of aggregators as a means of distribution.
News analysis: shaking up the aggregator market
Google buying Beat That Quote has given the aggregator market a shake-up, claims Tom Cooper, as the 10 million quotes per month barrier is broken.