Personal
Comprehensive car insurance cover rises to £4000 for young men
Young male drivers are paying more than £4000 per year for comprehensive motor cover - but if they marry their partner and add them to the policy the premium shrinks by 25%.
Mapfre sends Spanish travel specialist to UK
Mapfre Assistance has appointed Jair Marrugo as its managing director of UK travel.
Mapfre names UK travel MD
Mapfre Assistance has appointed Jair Marrugo as its managing director of UK travel.
Willis announces Broker Direct network tie up
Willis Networks and Broker Direct, through its commercial insurance solution Our Network, have entered into a strategic alliance that will allow their respective members access to the services and facilities of the other.
MoJ reports a tenfold increase in unauthorised CMCs being shut down
Record numbers of unscrupulous or unauthorised claims management companies have been shut down by the Ministry of Justice in the last year.
French insurer CNP Assurance sees revenue contract
French personal lines insurer CNP Assurances announced contracted revenue but stable income for its first half results due to good operating profitability.
Online insurer launches mobile wallet protection
Online mobile phone insurance specialists insurance2go.uk is claiming to be the first insurer to offer consumers protection for mobile wallet technology.
Arag launches divorce insurance
Legal expenses insurer Arag has teamed up with London law firm Prolegal to offer divorce insurance.
JMG Group opens Gateshead office
Yorkshire-based insurance brokers JM Glendinning is to open a new office in Team Valley, Gateshead on 1 August.
MCE Enterprise names MD
Nick Elliman has been appointed as managing director of personal lines network MCE Enterprise.
DAS appoints senior risk and compliance officer
DAS Group has appointed Deborah Douglas as the new senior risk and compliance officer.
Insurers uncovered 9% more fraud in 2010, according to the ABI
Insurers uncovered 133 000 fraudulent insurance claims in 2010 - 2500 every week - up 9% on 2009.
AA premium index highlights rate increases are levelling off
According to the latest benchmark AA British Insurance Premium Index, the cost of both car and home insurance appears to be levelling off, with small falls in the cost of cover for young drivers and for home insurance.
Mobile phone insurance: We've got your number
Mobile phone insurance is a high-frequency claims product but has been criticised by the ombudsman and consumer groups. Ralph Savage reviews the sector to discover if this niche is offering value for money.
Postbox: Fraud problem underestimated
I am writing to address the comments in the last edition of Post from Simpson Millar partner Emma Costin 'Co-operative attacked over PI claims fraud focus' , who I believe is underestimating the growing issue of false personal injury claims.
Insurers incensed as stolen vehicle unit faces closure
Plans to axe the Metropolitan Police's stolen vehicle unit next year could lead to the insurance industry funding even more police initiatives, it has been warned.
Post Magazine – 28 July 2011
This week the Post team reports on the confusion over reports in the Irish press that Quinn Insurance founder Sean Quinn has acquired a Malta-based insurance licence and as set to launch new company Q2 in competition with his former business which fell…
Esure confirms it has an "option" to increase stake in Go Compare
Results filed at Companies House in the last week have revealed that Esure Holdings has an option to increase it stake in aggregator Go Compare.
Swiss Re denies Quinn links as regulators probe claims – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories.
AI Claims on track to hit profit forecast despite downturn in accidents
AI Claims has reported that its trading profit in the financial year is in line with market expectations.
Brand reputation important for non-life insurance purchases
Brand reputation is vital to consumers purchasing non-life insurance, a study has found.
Fraudsters jailed for £100 000 insurance scam
A team of fraudsters who attempted to cheat insurers out of £100 000 have been warned by a judge that a message "must go out" that people involved in large-scale insurance fraud will receive prison sentences.
BGL Group expands board
BGL Group has made a series of appointments to its main board as part of a restructure that establishes four operating groups.
2011 Fraud Awards Shortlist is announced
The shortlist for the 2011 Fraud Awards has now been revealed. This event, now in its 3rd year, recognises and rewards excellence across the market. The celebrations will take place on Wednesday 5 October.