Personal
Axa unveils direct launch
Axa has signalled its intention to become a major player in the direct motor market after launching an aggressive marketing campaign to support its return to the sector.
Go Compare halves losses as profitability aim beckons
Go Compare's chief executive Hayley Parsons has insisted that the aggregator is on course to make a profit for the first time since launching as a start-up in November 2006.
Axa joins Confused panel
Axa Direct has been named on the motor insurance panel for price comparison website Confused.
Autotrader names Autonet as van insurance provider
Insurance broker Autonet has been named as the sole van insurance provider for Autotrader.
Mapfre increases international business premiums
Spanish insurer Mapfre also increases its attributable result to €926.8m, and added consolidated revenues exceeded €18.8bn, a 6.3% rise over 2008.
Mapfre increases international business premiums
Spanish insurer Mapfre also increases its attributable result to €926.8m, and added consolidated revenues exceeded €18.8bn, a 6.3% rise over 2008.
IAG bullish despite Equity's margins being squeezed in the UK
Australian insurance giant expects to report a half year insurance profit of $488m (1H09: $227m), representing an improved insurance margin of 13.4% (1H09: 6.2%).
Editor's comment: Interest in rates up
The issue of rates — and, more specifically, motor rates — is certainly getting a lot of attention at the moment.
Paymentshield to match competitors
Paymentshield has launched a new price match facility on its Best Quote Buildings & Contents Insurance site.
Allianz household range goes live
Allianz Retail’s broker household product range, Allianz Clear, will be launched to over 500 Insurecom software users this month, forming the next stage of the range’s roll-out to Allianz Retail’s broker network.
Drivers reluctant to turn to public transport shows study
Almost four in five UK drivers would refuse to give up their cars in favour of public transport even it was improved, research from Kwik Fit Insurance has revealed.
Co-op agrees new deal with Parabis
The Co-operative Insurance has selected Parabis to handle all of its volume third party bodily injury claims and litigation following a review of suppliers.
Higos launches new PPI product for property tenants
Higos Insurance is offering a payment protection plan to tenants concerned about meeting their rental payments in the event of unemployment or sickness.
Axa launches direct motor policy
Axa has re-entered the direct car insurance market with the launch of a product aimed at experienced drivers who have fewer accidents, more years driving and fewer convictions.
LV extends software deal
IT services company Atos Origin has signed a four-year contract extension with LV, which will see it continue to support LV's policy administration and renewals as well as online applications.
Swiss GI premiums up 0.7% in 2009
SIA added it is striving for the "recognition of the equality of supervision between the EU and Switzerland" with regards Solvency II
Swiss GI premiums up 0.7% in 2009
SIA added it is striving for the "recognition of the equality of supervision between the EU and Switzerland" with regards Solvency II
Axa looks to RBSI for new travel boss
David Vincent is to become head of travel underwriting at Axa Insurance's personal lines intermediated business.
New senior manager appointed at BGL
Nik Hobson has been appointed as senior manager for panel development. Mr Hobson’s appointment brings the panel development team up to 17, compared to seven employees 18 months ago.
Household premiums rise 5.9%
AA Insurance said increase relfected rising cost in repairing buildings and claims frequency.
AA sees biggest ever jump in motor premiums.
The broker found the average quoted premium for comprehensive cover rose by 18.7 per cent.
View from the Top: Let's fix broken motor
Media headlines highlighting the troubled state of the UK's private motor market have become commonplace. Independent analysts EMB recently predicted the market is losing £120 for every £100 premium written.
Biba meets with Conservative candidates to raise influence
The British Insurance Brokers' Association's senior management team was due to meet four prospective Conservative parliamentary candidates this week.