RAC

Bank holiday breakdowns

Unsettled weather meant the AA only reported 35 000 breakdowns between 26 August and 29 August, 1000 lower than the August bank holiday 2010 but 1000 higher than for the same period in 2009.

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.

Aviva hails UK GI performance as overall operating profit rises 5%

Continued strong motor rate increases in the first half of 2011 have helped Aviva post a combined operating ratio of 96% for its UK general insurance business (H1 2010: 98%), with personal motor pushing through 21% alongside a net written premium rise of…

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…

Aviva major acquisition spree 'unlikely'

Major acquisitions to fast-track the creation of a multi-brand general insurance strategy for Aviva are unlikely, despite the £600m windfall set to be secured from last week's sale of roadside assistance provider RAC, according to analyst Eamonn Flanagan.

Multi-brand strategy moves a step closer at Aviva

Next month’s launch of an internet-only brand by Aviva could prove the first of many, according to UK general insurance CEO David McMillan, as the insurance giant remains optimistic of retaining a significant proportion of RAC’s 300 000 motor insurance…

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.

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