Motor
Insurers could be made 'irrelevant' by driverless cars
Insurers could face becoming "irrelevant" in the age of driverless cars according to a survey of drivers.
Week in Post: Amazon Echo; pills that make you hard; CMC scourge and elderly drivers
This week Post reporter Rosie Quigley and I were given a tour around the Accenture Innovation Lab at Plantation Place in the City.
Brightside sees slump due to 'brutal' motor market
Personal lines broker Brightside has seen its pre-tax earnings drop by 24% amid what it described as a “brutal” private motor environment.
When should older drivers hang up their keys?
Older drivers are a growing market, whose risk is difficult to assess.
PPO levels remain low, Aon survey reveals
The volume of Periodic Payment Orders remains low, according to a motor insurance study published by Aon Benfield.
Admiral increases overseas' car customers by 20% in first half
Admiral's CEO David Stevens has hailed the strength of the business as he unveiled his first results since taking on the top job.
Abbey Insurance Brokers set to expand into Enniskillen
Abbey Insurance Brokers plans to set up a new branch as the broker expands further across Northern Ireland.
Week in Post: Rio 2016, diving doggies, a racism row and rejoice, the Insurance Act is finally here!
You know you’ve been bitten by the Olympic bug when you find yourself watching the weightlifting at 1:30am in the morning, hours before you have an event and need to be pretty sharp.
Ageas CEO Andy Watson expects motor premium rises to slow in H2
Ageas UK CEO Andy Watson has told Post that he expects motor premium rises to slow significantly in the second half of 2016.
Insurers say basing insurance pricing on ethnicity would be 'ethically wrong'
Insurers have spoken out against the recent report from a PI legal firm that suggests motorists living in areas with a high proportion of ethnic minorities pay higher premiums for motor insurance.
Ageas sees GWP growth despite weather claims hitting profits
Ageas has seen its consolidated UK combined operating ratio rise to 100.1% for the first half of 2016 as a result of flash floods and storms in June.
Blog: Enterprise collapse shows taxi and self-drive rates have been too low
Enterprise's failure shows a correction to rate levels is long overdue. Mark Bacon, underwriting director at ERS, argues now is a time for discipline in pricing.
Blog: Autonomous vehicles - whose claim is it anyway?
Autonomous vehicles are regularly in the press heralding a new era of transport and social inclusion. While a fully autonomous world is an exciting prospect, most commentators will readily admit that it may be at least 20 years before we can call an…
Motorists pay higher premiums in ethnic neighbourhoods, says PI legal firm
Motorists living in areas with a high proportion of ethnic minorities pay higher premiums for motor insurance, according to a report commissioned by a personal injury legal practice - and dismissed by the Association of British Insurers as flawed and…
Autonet uses data cracker to inform pricing
Van insurance broker Autonet has gone live with a software solution that tracks customer data to inform pricing.
Allianz pushes for £3bn GWP despite half year setbacks
Despite having a 3.6% drop in gross written premiums, Allianz is still aiming to hit a £3bn GWP target.
Motor insurance premiums up 10% from last year
The average price paid for private comprehensive motor insurance has increased by 1% in Q2 2016, up 10% from the same period last year, according to the Association of British Insurers.
Keoghs wins victory as private prosecution is brought against 21 fraudsters
Keoghs has won a victory against 21 fraudsters, and saved Service Insurance Company Limited £140,000 in potential liability after bizarre footage was caught on CCTV.
Towergate plunders Compass motor division with two senior appointments
Towergate Insurance has expanded its London Market motor fleet team with two new appointments from rival broker Compass.
Disciplined approach to underwriting will drive growth, says Esure’s Vann
CEO of Esure Group Stuart Vann is targeting growth in the insurer’s portfolio, claiming that "now is the time to grow".
Esure's home COR hits 105% as adverse weather affects book
Esure profit before tax dropped 1.9% to £45.6m (2015: £46.5m) and its overall combined operating ratio worsened 3.4 percentage points to 99.2% for the six months ended 30 June 2016 as adverse weather events impacted the insurer's home book.
Blog: Big Data and the future of insurance
Big Data is a rather daunting subject for a lot of us working within the insurance industry but it draws in the crowds, as recently witnessed on Deloitte's rooftop, where a full audience braved the classic British weather to tackle the mighty subject by…
Compensation culture remains a challenge for insurers, says Axa UK’s Blanc
The compensation culture is still dogging the UK insurance industry and so the market must continue to price for it, according to Axa UK CEO Amanda Blanc.
Positive Carole Nash results 'driven by customer focus', says CEO
Customer focus was key to Carole Nash’s strong annual results, CEO David Newman told Post.