RAC
RAC recruits CBI president ahead of IPO plans
RAC has recruited the president of the Confederation of British Industry as its new chairman as uit readies plans to enter the London Stock Exchange.
RAC’s private equity owner mulls September IPO
The RAC’s private equity owner Carlyle Group is considering a stock market float in the mould of rival roadside assistance firm the AA Group.
Quindell update fails to halt tumbling share price
Quindell's share price has fallen by almost 25% over four days of trading, in spite of optimistic trading updates issued by the firm.
Quindell shares down 12% on RAC deal rumours
Quindell’s share price has dropped 11.56% in one day’s trading after reports suggest a £100m telematics deal with RAC may have hit the rocks.
Quindell denies RAC fall-out
Quindell has dismissed claims it has fallen-out with the RAC amid reports the roll-out of the companies' telematics joint venture has stalled.
Insurers maintain opposition to young driver curfews despite public backing
Sources suggest long-delayed green paper on young driver safety could be revived
Motor customers paying up to 90% APR for monthly instalments
Motor insurance customers are being charged annual interest rates of up to 90% for choosing to pay in monthly instalments rather than an annual sum, according to research.
Two thirds of public back young driver restrictions
The majority of the British public back measures to cut death and injury on the roads through restrictions on newly qualified young drivers, according to an RAC survey.
RAC partners with Quindell for £100m telematics joint-venture
RAC and Quindell have come together to launch a new joint-venture company to distribute telematics and connected car products.
Women drivers more likely to recommend their motor insurer
Women drivers are more likely to recommend their motor insurer than men, a survey of more than 12 000 pre-renewal consumers has found.
RAC signs five-year deal with The Warranty Group
RAC has signed a five-year deal with The Warranty Group, which will see the firm continue to operate the RAC brand in the motor warranties sector.
RAC launches telematics product with Risk Technology
Telematics provider Risk Technology and motoring organisation RAC are teaming up to launch a product to help drivers in the event of a breakdown.
RAC Foundation calls for overhaul of licencing system
The RAC Foundation has called the government to consider placing conditions on young drivers’ licences as a way of reducing fatal accidents among this age group by more than a half.
Liberty signs new drivers to sponsorship programme
Liberty Mutual Insurance, the commercial lines division of Liberty Mutual Insurance Europe, has expanded its racing sponsorship programme.
Admiral enters legal JVs with Lyons Davidson, Cordner Lewis
Admiral has received approval from the Solicitors Regulation Authority for new joint ventures launched in partnership with two law firms
Quindell wins five-year deal with RAC
Quindell has said a new five-year contract that sees RAC implementing its end-to-end technology platform has the potential to be its largest revenue generator to date.
Aviva denies corporate restructure will lead to separation of its UK GI business
Aviva has dismissed suggestions that separating its UK general insurance business from its international operations clears the way for the business to be spun off in the future.
RAC launches telematics box
RAC has launched RAC Advance, a low-cost telematics box featuring crash detection technology.
RAC intermediary arm reveals growth plans after post-Aviva sale overhaul
The commercial director of RAC’s intermediary arm has outlined the firm’s plan to make up competitive ground lost under its last ownership, almost 18 months after Aviva sold RAC to private equity firm Carlyle Group for £1bn.
Junction extends RAC motor deal
Junction has extended its agreement with the RAC to manage motor insurance for new and existing customers for another five years.
Aviva reveals 97% COR in steady results
Aviva's general insurance business delivered a combined operating ratio of 97% in the first nine months of 2012, in line with the previous year, excluding RAC.
RAC to carry out risk management programme for NAAFI fleet
UK armed forces retail, catering and leisure services provider NAAFI has appointed RAC Risk Management to carry out a complete fleet risk management programme.
RAC sells Ace travel product
RAC is to sell travel insurance in the UK after striking a deal with Ace Group.
Jubilee takes plunge into motor dealer market in RAC partnership
Jubilee has been appointed underwriter for a range of new products for the RAC, the first of which is a combined tyre and alloy wheel and minor accidental damage cover.