Aggregators
Warning over reserves as retirement age rises – Post in print: 16 December 2010
Senior reporter Leigh Jackson outlines the main news from this week's issue of Post, which includes reports that insurers have been urged to review their reserves, as the proposed abolition of the retirement age could see claimants seeking increased…
Towergate wins SME deal with Compare The Market
Towergate Insurance has won a long-term contract with price comparison website Compare The Market to provide insurance to SME customers.
Interview - Imran Ahmed & Tony Sault: Advocacy assessed
With profitability in the motor insurance sector under increased pressure, Ernst & Young carried out a Europe-wide study to determine whether consumer claims experiences impact brand loyalty and what good service looks like. Jonathan Swift talks to Imran…
Towers Watson: Motor insurance model needs to change
Conditions in the UK and European motor insurance market are so difficult that many insurers will have trouble gaining profitability unless a new business model can be developed.
Go Compare releases charity Christmas single
Go Compare’s opera singer Gio Compario has released a Christmas single to raise money for Teenage Cancer Trust.
Green Insurance Company unveils online shop
The Green Insurance Company has launched an online shop offering eco-friendly price comparison.
BGL: European aggregators on hitlist after French buy
BGL Group will look to buy more European aggregators if its purchase of Courtanet proves successful.
Autonet eyes expansion with own aggregator launch
Broker Autonet Insurance has partnered with Money Supermarket to launch a new online van insurance aggregator.
ABI’s good practice guidance clearer for consumers buying online
The Association of British Insurers has said that its good practice guidance launched at the beginning of the year is making it easier and clearer for consumers to compare and buy general insurance products, such as motor and household insurance online.
Chaucer targets £21m in aggregator business in 2011
Chaucer has today announced plans to ramp up its direct personal lines offering in order to "optimise the underwriting return within the parameters of our given risk appetite".
LV boss pledges growth to £1bn by 2015
LV direct managing director Selwyn Fernandes has pledged to grow the business's gross written premium to £1bn by 2015, despite the competition generated by the aggregators.
Allianz launches Confused policy
Allianz Insurance has launched a new online-only car insurance offering, Your Cover insurance, in conjunction with aggregator Confused.
Moneysupermarket reports insurance revenues up 13% over Q3 2009
Moneysupermarket today said its financial performance in the third quarter and in the year to date is in line with the board's expectations.
Travel insurance premiums start to rise - as predicted
Peter Hayman, director of travel insurance specialists P J Hayman, has commented on the announcement that Axa is to increase its insurance premiums.
High net worth - distribution: Defending their niche
Following reports in Post that the mid and high net worth markets have been experiencing an increase in competition and downward pressure on rates, Ralph Savage discusses what reaction this has elicited from insurers and brokers in terms of their…
Biba outlines eight point motor insurance plan to government
The British Insurance Brokers’ Association has called on the Government to implement an eight point plan to reduce the spiralling cost of motor insurance.
Research claims aggregators and brokers must up fraud fight
Nearly 80% of insurance fraud investigators believe aggregators and brokers must take more active responsibility for preventing fraud, with the majority calling for more stringent checks at policy inception.
Interview - Ian Foy: Return journey
After an antipodean adventure lasting 10 years, Insurance Australia Group's Ian Foy is back in Britain as UK CEO. He tells Jonathan Swift about the challenges he faces to turnaround the business and why IAG is here to stay.
Website Review: Elephant
In the latest in its ongoing series for Post, web performance specialist Gomez casts a critical eye over Elephant's website.
Deloitte: Issue of brokers selling motor at a loss needs to be addressed
In order to turn their performance around, motor insurers need to increase their premiums while maintaining their customer base.
IAG to retain Equity Red Star
Insurance Australia Group chairman Brian Schwartz has vowed not to sell its embattled UK business Equity Red Star.
New providers squeezing home insurance market
A surge in the number of home insurance providers is creating a “difficult climate”, financial research firm Defaqto has claimed.
Website Review: Aviva
In the latest of the new series for Post, web performance monitoring specialist Gomez turns its focus on Aviva's website, to assess how the insurer performs in a number of key areas and how it compares to some of its rivals.
News analysis - Aggregators: A shift in strategy
Despite the rise in private car insurance rates throughout 2010, Tom Cooper reveals some brands are slipping back to a volume-based approach.