Motor
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.
Driving test consultation is a missed opportunity, insurers say
Proposed changes to the driving test are a missed opportunity to ensure the safety of drivers and increase insurance compliance, insurers have said.
ERS in the black as H1 2016 COR hits 99.8% on back of £7.3m profit
Lloyd’s motor insurance specialist ERS has reported a profit of £7.3m in it the first half of 2016, the result of continued underwriting and volume growth.
Is the insurance industry being forced to subsidise road repair?
Industry highlights concerns over bills submitted by Highways England
Private Motor Insurance Order officially comes into effect
Measures to boost competition among insurers and reduce premiums for drivers have come into effect today.
Car insurance premiums are back on the rise after Q1 dip, says AA
Car insurance premiums are back on the rise, according to the AA’s latest benchmark British Insurance Premium Index.
Biba outlines its top 11 Brexit concerns in letter to senior MPs
The British Insurers Brokers’ Association has sent a letter to members of the government, setting out their member’s opinions on what should be considered as the UK heads towards exiting the European Union.
Biba and Ageas renew calls for telematics tax break after record motor premium hike
Young drivers should be given a tax break on their motor insurance if they take out a telematics policy.
No clarity over who will pay for ADAS recalibration
Thatcham Research has issued a new voluntary code of practice to provide clear guidance on the recalibration of car safety technology during the replacement or refit of windscreens.
Vehicle thefts up for first time in 20 years in London
The Metropolitan Police has seen the first rise in vehicle thefts in 20 years, a Home Office report has revealed.
UK General Insurance supports Fish's motor excess book following Enterprise collapse
Leeds-based personal lines insurer UK General Insurance will be supporting Fish Insurance’s motor excess protection book following the collapse of Enterprise on Friday.
Expertise from A-Z: Sharing economy: Learning to share
With the sharing economy set to rocket in value over the next 10 years, the changing attitudes of the younger generation means insurers need to ditch their ‘one size fits all’ approach to insurance
Almost a fifth of UK motorists lying to get cheaper insurance
Almost a fifth of British motorists are lying to get cheaper premiums, a study found.
Police seize 1.5 millionth uninsured vehicle
Motor Insurers’ Bureau has confirmed that the UK’s 1.5 millionth uninsured vehicle has been seized in Haringey, North London.
ERS moves to support brokers following Enterprise collapse
ERS is looking to support brokers following the Gibraltar Financial Services Commission’s action on Friday after Enterprise informed them they were insolvent.
Carole Nash announces positive results for last financial year
Broker Carole Nash has seen a 77% increase in pre-tax profits in its annual results for last year.