ERS
Right Choice buys three breakdown brands from ERS
Right Choice Insurance Brokers has acquired three motor breakdown insurance brands from ERS resulting in the transfer of approximately 150,000 vehicles and customers insuring under the Autonational, Auto Aid and Eurorescue brands.
RSA looks to Aviva and ERS for broker relations hires
RSA has hired from Aviva and ERS to add two strategic account directors at the insurer.
Market Moves - 29 October 2015
All the latest movers and shakers in the insurance market.
Fraudster handed suspended jail sentence following ERS private prosecution
An insurance fraudster has been given a suspended prison sentence and ordered to pay the costs of legal fees after a private prosecution launched by ERS.
ERS promotes Willis to operations director
Motor insurer ERS has promoted head of personal injury claims Donna Willis to the newly created role of operations director.
Market Moves - 15 October 2015
All the latest movers and shakers on the insurance scene
Market Moves - 24 September 2015
Who has moved where in the world of insurance this week?
ERS delivers £2.8m loss as transformation project takes its toll
Broker-only motor insurer ERS has attributed costs associated with its ongoing transformation project and reduced investment income as drivers behind it delivering a £2.8m loss in the first half of 2015.
Hiscox completes purchase of classic car specialist
Hiscox has completed its acquisition of specialist UK classic car business, RH Specialist Insurance.
Market Moves - 28 July 2015
Find out who has moved where in the insurance industry this week.
At least 161 staff to depart ERS following Brentwood closure
ERS has received “enormous goodwill” from brokers despite the disruption to service levels caused by a transformation plan that has so far seen 161 employees depart the insurer, according to CEO Ian Parker.
Swift MID policy cancellation advised as 'archaic' certificate rule is scrapped
Insurers have been advised to promptly update the Motor Insurance Database to avoid continuation of liability after the "archaic" rule requiring a motor insurance policyholder to return their certificate of insurance in the event of cancellation was…
Roundtable: Big Data: What can big data do for the insurance industry?
With big data playing a bigger role across all industries, the big question is what it can do for the insurance sector?
Industry experts question Brindle's call to arms following Fidelis launch
Capital raising-ability and difficulties in obtaining a credit rating have been cited as barriers to other insurance companies emulating the business model employed by Richard Brindle's new $1.5bn (£964m) start-up Fidelis.
IT upgrade ‘central' to ERS's transformation
Specialist motor insurer ERS has invested £20m on an IT upgrade it says was a central part of the business's overall transformation.
Roundtable: Building a 21st century insurer
With new technologies emerging all the time and a generation of early adopting clients, insurers are going to have to keep up to date if they are going to compete and survive in the future
BGL founder Steyn ahead of Engelhardt and Wood in rich list
BGL founder Douw Steyn is the richest individual in the world of insurance after accumulating a fortune of £700m, according to the 2015 Sunday Times rich list.
LMA launches first competitive board election for three years
Eight candidates are fighting it out for six positions on the Lloyd’s Market Association’s governing body in what will be LMA’s first competitive election since 2012.
ERS adds chief risk officer Ryan to the Board
Ryan Warren is to join ERS as chief risk officer and as a director of the Equity Syndicate Management Limited Board.
ERS puts 380 staff on notice as it targets 90% COR
Specialist motor insurer ERS today put 380 staff on notice of redundancy ahead of the closure of its Brentwood office.
Credit hire firms tipped to focus on repair costs following landmark ruling
The Court of Appeal ruling on credit hire costs for pecunious claimants will trigger an increase in exaggerated credit repair costs, according to market commentators, who have warned the judgment is not as wide-reaching as insurers might hope.
Landmark judgment on credit hire sees court adopt “lowest reasonable rate” approach
A Court of Appeal’s judgment today has been hailed as a major breakthrough for insurers, putting a stop to the inflated rates that credit hire organisations have been allowed to charge in recent years.
ERS reports first full-year profit in five years
ERS has reported a full calendar year profit for the first time in five years, a £28m improvement year-on-year.
ERS recruits Innovation Group to manage repair and engineering network
Motor Insurer ERS has inked a three year deal with Innovation Group that will see the claims specialist manage its repair and engineering network for cars, light and heavy commercial vehicles.