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NU strikes major affinity deal

Norwich Union has been chosen by Leeds & Holbeck Building Society as its sole provider of general insurance.

The UK’s largest general insurer will become the sole provider for Leeds & Holbeck’s household, creditor and motor insurance for three years from January 1, 2005.

David McMillan, corporate partnerships

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ERS warns motor pricing discipline must return

Declan O’Mahony, head of claims at ERS, warns motor claims inflation is back driven by energy costs, supply chain disruption and repair pressures, so insurers must restore pricing discipline now to avoid sustained underwriting losses.

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