Insurer
A fifth of European consumers would buy insurance or banking products from Google, Amazon or Facebook reveals a study
Customers could increasingly turn to big-name disruptive firms in the financial services sector, according to a survey of the European market by Fujitsu.
Ice cream van fraudster feels the heat from IFED and insurers
A man who was involved in staged accidents using an ice cream van has been convicted on fraud charges. The crash-for-cash scam would have cost insurers almost £100,000 if they paid out in full.
Pre-registration for .insurance domain launches, with ‘very high numbers’ expected
Early registration for the .insurance domain name launched yesterday, via Instra, the corporate domain name retailer subsidiary of CentralNic, with the aim of ensuring online security amid growing levels of cyber threats.
Axa looks to exit life and savings
Axa UK will sell a portion of its business to Standard Life, and is looking at making further asset sales.
Debate on driverless car challenges increases ahead of consultation
The government’s planned consultation on driverless car regulation in coming months should help “coalesce minds”, according to the ABI, while manufacturer Volvo continues to push for a coherent system ahead of its Drive Me London trials next year.
Motor insurance renewal rates double fuelling customer churn
More than 11 million drivers will switch insurers this year as car insurance renewal quotes increase by an average of £22, according to data from Consumer Intelligence.
In Depth: Haulage - a market in flux
The haulage industry poses many challenges to insurers, including a high volume of claims and a competitive rating environment.
Axa CEO takes over as head of IFB
Amanda Blanc, CEO of Axa UK and Ireland, has been appointed chair of the Insurance Fraud Bureau.
Direct Line sees Q1 GWP growth of 4.2%
Direct Line Insurance Group has seen its gross written premiums rise by 4.2% in the first quarter, compared to the same period last year.
Hong Kong conducts global search for head of insurance regulator
The Hong Kong government is conducting a global search for CEO of the Independent Insurance Authority.
Chubb and Ace integration completes in Singapore
Following the completion of Ace's acquisition of Chubb in January, Chubb has been formally approved as its new name in Singapore.
Home premiums rise but car rates stall, according to AA Q1 index
The AA’s British Insurance Premium Index for the first quarter of 2016 has shown a slight increase in rates for home insurance, with car premiums flat.
Couple in Birmingham Airport blunder ‘wouldn’t have been able to claim on insurance’
The couple who booked a flight from the ‘wrong Birmingham’ may have been given a free holiday in consolation, but they would not have been able to claim on their travel insurance.
Allianz Group reports 21% growth in first quarter earnings
Allianz Group has seen its earnings increase to €2.2bn (£1.7bn) from €1.8bn in the same period last year.
In Depth: Social media investigations the first line of defence in fighting fraud
Information gleaned from open public sources is admissible in court.
Admiral and Mapfre explore China comparison site
Spanish insurer Mapfre and UK insurance group Admiral are exploring the launch of a joint venture comparison website in China under a project called Preminen.
Mapfre targets China province Shandong for motor digital venture
Spanish insurer Mapfre is targeting a full 2017 launch for an online motor insurance operation in the province of Shandong, China.
AIG sells $1.25bn stake in PICC and falls to Q1 net loss
US giant AIG has sold another $1.25bn (£850m) worth of shares in Chinese property and casualty insurer PICC Property and Casualty.
ABI warns drivers to stay focused as automatic car technology advances
Motorists shouldn't become complacent on the roads as autonomous vehicles are rolled out, particularly when the technology is new, according to the Association of British Insurers.
Aviva responds to South West service criticism
Aviva has responded to criticism from brokers over its service in the South West region.
In Depth: Insurer messages get ‘lost’ as brokers lament lack of face-to-face contact
Gaps in insurer regional offices and head count reduction are affecting services, claim brokers.
20% increase in jobs at mutual insurers since crisis
Globally there has been a 20% rise in the number of jobs at mutual insurers since the financial crisis, according to a report.
Self-driving cars and instant insurance in the news; spotlights on affinity and parachuting in
Important news and exclusive content from Insurance Post over the past week, in case you missed it.
RSA's new pet referral policy criticised by vets
RSA has been slammed by veterinarians for restricting full cover to a small network of referral centres across the country.