Motor
Chaucer Insurance gets fresh look as Zenith Marque
Chaucer Insurance will be re-branded as Zenith Marque from March following Markerstudy’s acquisition of its UK motor business.
Unrecovered stolen vehicles cost insurers £450m last year
Stolen vehicles not recovered by police represent an estimated £450m cost to insurers in 2014, based on figures from a Freedom of Information request by anti-fraud company Asset Protection Unit (APU).
Legal Update: Hover with caution
The arrival of hoverboards in 2015 suggested that, as in Back to the Future, technology had found yet another innovative and entertaining way to enhance our transport options, even if it was difficult to know if a hoverboard was just an advanced toy or a…
Government mobile phone penalties welcomed by AA
AA Insurance has welcomed a government move to increase the penalty for using a hand-held mobile phone or other device while driving as a "victory for common sense".
Motor rates accelerate as government's IPT hike is rolled out
The government’s introduction of higher insurance premium tax last month has served to accelerate average annual best buy motor policy deals by 10.9% to £696, according to market research conducted by Consumer Intelligence.
Brightside and RDG partner on motor ancillary initiative
Ryan Direct Group has partnered with Brightside Insurance Group to distribute a suite of ancillary motor products.
Major motor fraud ring in Wales busted by police
An investigation into a major crash-for-cash ring in Wales has led to 81 convictions, including some with substantial jail time, in the largest police operation into insurance fraud undertaken to date.
Europe: Russian insurance market, preliminary 2015 results and 2016 forecasts
Post asks experts at the Central Bank of Russia to share their views on how the domestic insurance market fared in 2015, and their predictions for the coming year.
Covéa to enter direct motor market in 2016
Covéa Insurance will launch a direct motor insurance offering, with a live date planned for early 2016.
Covéa uses behavioural techniques to make policies easier to understand
Covéa Insurance has revamped its private car policy with the aim of making it easier to understand and more appealing for customers to read.
GAP product to go to market via Maltese PCC
Maltese protected cell company Building Block will partner with UK-based broker Nova Insurance to provide a new guaranteed asset protection (GAP) product.
Brightside signs five-year breakdown deal with RAC
Brightside Group and the RAC have signed a five-year deal that will see the broker selling a variety of breakdown products to customers across its motor book.
Supersonic Cars: The need for speed
Ask a meerkat or a moustachioed opera singer for a quote for a supersonic car and you would be met with bewilderment and a rapid search for the exit door. Yet it is not as unusual a question as you might think.
C-Suite - Insurer: Foresight is a wonderful thing
It is vital that insurers look ahead to try and offer products to customers before they demand them.
Specialist cover launched for motorbike riders
A motorcycle product that allows riders to choose how much to insure their helmets and leathers is on offer from Loss Insurance Services.
Legal Update: Consultations on small claims limit won't be plain sailing
The personal injury reforms announced in the Autumn Statement are to be welcomed. But is Chancellor George Osborne being too bold when he packages them as part of a wider plan to reduce car insurance premium?
IFB strategy approved by ABI council
The Insurance Fraud Bureau's strategy plans were officially signed-off today (11 December) giving the green light to stretching its mandate from organised motor to property and liability fraud.
Power hour: Finding a foothold in fleet
With constant pressure on rates, insurers pulling out of the market and the rise of technology such as driverless cars, there are lots of opportunities, as well as pitfalls, in fleet insurance
Markerstudy signs up to Thatcham Research
Markerstudy will have access to data from motor testing firm Thatcham Research after becoming a member of the not-for-profit researcher.
Credit hire issues on the table at government motor reform meeting
Credit hire was on the agenda at a high-level government meeting yesterday (9 December) discussing the Autumn Statement, Post understands.
Europe: What's driving telematics growth
Alongside North America, Europe so far represents the vast majority of all insurance telematics policies, with Italy and the UK leading the pack.
Chubb introduces cyber-bullying cover for HNW products
Chubb policyholders who become victims of cyber-bullying may claim up to £50,000 towards professional support, lost income and temporary relocation costs under their home policy following changes to the insurer’s private clients offering.
Serious motor claims costs rising as government looks to lower premiums
Motor insurers are facing increasing claims inflation on major injury claims, according to a report from the Institute and Faculty of Actuaries, which could affect future earnings forecasts.
Q&A video: implications of the Vnuk case on UK motor market
Following the European Court of Justice ruling in the UK government will very soon have to change the rules about what risks are covered by compulsory motor insurance law.