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Indian regulator asked to help fix 'suicidal competition'

Indian Finance Minister Pranab Mukherjee has directed the Insurance Regulatory and Development Authority to suitably address the 'suicidal competition' among insurers as undercutting each other by offering policies at low premiums for a bigger market…

Your say: The reasons for standardisation

We would have been naive, here at Wunelli, to think our call for telematics data standardisation would not result in some debate, and we're pleased that it has - which is precisely why we are planning a think tank for all interested parties.

Market moves: Aviva shuffles its underwriting pack

Aviva was the major recruiter in the insurance industry this week, announcing a raft of changes to its underwriting team. The insurer promoted four staff to new positions while adding a further employee to the unit.

Editor's comment: Consolidation casualties coming?

The specifics of what went wrong at North West personal injury firm Donns - forcing it into administration at the cost of 42 jobs, while 2500 cases were still in progress - will remain the subject of speculation for some time.

Axa Assistance launches motor breakdown app

Axa Assistance has unveiled a motor breakdown app in response to a company poll which showed the vast majority of drivers consider their mobile phone as the most important item in the event of a breakdown.

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