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Call for tougher regulation accepted by aggregators
The British Insurance Brokers' Association has called for rules governing electronic trading to be updated to keep pace with technological developments in the aggregator space.
Motor Focus - Fraud Unit: Opening Pandora's box
On the face of it, the suggestion of a police force funded by the industry to help fight fraud seems reasonable. However, Robin Reames examines if going down this path is really the right way forward.
FCIM appoints Auto Windscreens as sole supplier
Online motor intermediary First Central Insurance Management has appointed Auto Windscreens as its sole supplier, three months after the glazing repair firm was bought out of administration.
Ten years on, liquidator admits there was an Indy rescue plan
The joint provisional liquidator of Independent Insurance Dan Schwarzmann has said Pricewaterhouse Coopers is hopeful that a scheme of arrangement can be agreed by the end of the year, a decade after he was first appointed to the beleaguered insurance…
Motor Focus - Premium Challenges: Mauled by the media
After being pounded by the press for putting premiums up, Leigh Jackson looks at the future of motor insurance and asks whether policyholders could do more to help themselves.
Ten years on, liquidator reflects on Indy failure - Insurance News Now - 16 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how ten years on from Independent Insurance going into liquidation, PwC's Dan Schwarzmann is hopeful a scheme of arrangement being agreed by the end of the year.
Markerstudy acquires repair firm
Markerstudy Group has completed the acquisition of Tonbridge Coachworks Vehicle Repair Group
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
New Aviva chair McFarlane claims it has "promising future"
Aviva has confirmed that John McFarlane will become a non-executive director on 1 September 2011.
Brokers call for harsher fraud deterrent
A large number of brokers believe there should be higher penalties for insurance fraud and a central database of fraudsters to help deter fraud, according to a new survey.
Ex-Tesco head joins Direct Line
Royal Bank of Scotland Insurance has appointed Steve Price as Direct Line motor director.
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Volcanic ash responsible for 45% of European trip delay claims in 2010
The Travel Metrics survey, carried out by Finnacord, has analysed the travel habits, insurance uptake and claims behaviour of 6 000 consumers in France, Germany, Italy, the Netherlands, Spain and the UK.
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Volcanic ash responsible for 45% of European trip delay claims in 2010
The Travel Metrics survey, carried out by Finnacord, has analysed the travel habits, insurance uptake and claims behaviour of 6 000 consumers in France, Germany, Italy, the Netherlands, Spain and the UK.
FSA extends PPI complaints deadline
The Financial Services Authority has extended the timeframe for Barclays, Lloyds Banking Group and Royal Bank of Scotland to handle payment protection insurance complaints.
Admiral & BGL: Motor rates to slow in H2
Motor rates are likely to slow to single digit levels in the second half of the year, according to analysts, as some players “fight back” from market share losses.
Admiral & BGL: Motor rates to slow in H2
Motor rates are likely to slow to single digit levels in the second half of the year, according to analysts, as some players “fight back” from market share losses.
L&G boosts broker force as motor return mooted
Legal & General has revealed plans to recruit a 15-strong team of regional sales & marketing experts to support brokers and intermediaries "on the ground", as it prepares to diversify into motor, pet and travel. Duncan Finch, L&G's managing director for…
News analysis - Mark Hodges' move: A little bit of history repeating
With the shock news that Mark Hodges is to join Towergate, Daniel Dunkley reports on the market's reaction and what this means for Aviva and the consolidator.
Post history - 15 years ago: LEI named as 'promising alternative'
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 15 years ago reveals.
PE-backed firm targets GI with ex-Rias head
Online financial services sales and marketing firm Media Ingenuity is in discussion with insurers to support a push into the general insurance personal lines space. It follows the recruitment of the former head of commercial management at Rias and head…
Auto Restore unveils mobile repair offering
Car repair firm Auto Restore has claimed its new direct mobile repair offering targeted at consumers has the support of two of its key insurer partners — Allianz and Aviva.