Personal
Accident Exchange: four insurers at the centre of Autofocus action
Accident Exchange today said that the early indications are that “four large and well known insurers and two firms of defendant solicitors” account for the most material number of cases impacted by what it claims is a “systematic production of…
PPI industry faces reimbursement cost of up to £3bn
The Financial Services Authority consultation document on PPI mis-selling has extremely costly and serious ramifications for the industry according to financial research company Defaqto.
Co-op general insurance premiums up £29.9m for 2009
The general insurance division of the firm’s retail business said premiums had increased 7.6% on 2008, according to an announcement to the London Stock Exchange.
Medicals Direct Group takes annual turnover to £25m
The North London-based medical services solutions provider has acquired three companies operated by a competitor.
Looking Back 5 Years Ago: Real-time MID updates are scrapped
Insurers have abandoned plans for real-time updating of the Motor Insurance Database on cost grounds, instead opting for a seven-day requirement. And the Association of British Insurers and the Motor Insurers' Bureau urged the government and the industry…
Interview: Jon Dye - Making it work
With a stated aim of reaching £1bn by 2013, Jon Dye talks to Jonathan Swift about why a recent downturn in Allianz Retail's GWP masks a lot of progress towards that goal.
Evander MBO opens new client stream up
Insurance services provider Evander believes that its recent management buyout has opened up a significant new potential client stream for it.
Stakeholders join forces
Stakeholders including the Association of British Insurers and the Trades Union Congress have joined forces to raise awareness about the upcoming reforms to the way low cost road accident personal injury claims are handled.
Fortis rebrands insurance arm as pre-tax profits fall
Fortis is to rename its insurance operation as Ageas following the break up of its parent company and the sale of its sister banking arm and brand to BNP Paribas 18 months ago.
Cautious welcome for dog insurance u-turn
The Association of British Insurers has welcomed the government's decision to abandon plans to introduce compulsory insurance for all dog owners, but warned that the insurance industry has not heard the last of the issue.
FSA targets Solvency II and PPI in business plan
The Fiancial Services Authority will focus on Solvency II preparation and the conduct of payment protection insurance providers in its 2010/11 business plan.
FSA targets Solvency II and PPI in business plan
The Fiancial Services Authority will focus on Solvency II preparation and the conduct of payment protection insurance providers in its 2010/11 business plan.
Transactor new provider for Cornish Mutual
Transactor Global Solutions is the new provider for south west based insurer, Cornish Mutual, with a complete system replacement scheduled to go live in September 2010.
Thornside signs pet insurance deal with Shop Direct
Capita Insurance Services company Thornside has extended its pet insurance deal with Shop Direct to include online cover via Littlewoods and Very.
IAM extends motor offer to 19 year olds
The Institute of Advanced Motorists surety insurance offered to its members via Adelaide Insurance, is to be made available to IAM advanced drivers aged 19 or over driving a low-grouped car.
Exeter and Pioneer launch online broker portal
Specialist PMI provider Exeter Friendly has unveiled a new advisor portal in conjunction with income protection insurer Pioneer.
Teceris fraud team joins Questgates
Questgates has appointed Teceris Claims Services' former director of fraud John Freeman as counter fraud director.
Spotlight on Spain - The Spanish direct insurance market
At its traditionalist heart, the insurance industry has always existed on the tried and tested intermediary-based distribution channel, with the broker or agent, a champion of the policyholder, working tirelessly to find the consumer the best deal.
Post Europe Spotlight - The Spanish direct insurance market
At its traditionalist heart, the insurance industry has always existed on the tried and tested intermediary-based distribution channel, with the broker or agent, a champion of the policyholder, working tirelessly to find the consumer the best deal.
Plum aims to double new business
Plum Underwriting has outlined its intention to double new business and grow its agency base in 2010.
Allianz boss ready for Tesco-sized affinity deal after VW tie up
Jon Dye told Post: "Could we do a deal of that size, yes, why not. This is Allianz, it is an enormous business."
Allianz sees GI go backwards in Germany
Premium income in property and casualty insurance slipped 1.2 percent, to EUR 9.2bn (EUR 9.3 bn), with prices under pressure all across the market, especially in motor insurance.
Allianz sees GI go backwards in Germany
Premium income in property and casualty insurance slipped 1.2 percent, to EUR 9.2bn (EUR 9.3 bn), with prices under pressure all across the market, especially in motor insurance.