Motor
Volkswagen telematics tie-up is ‘model for future’
Trak Global has tied up with Volkswagen to provide tech support for new drivers.
Blog: Ignite cooperation over anti-theft technology
A wave of keyless car theft has reversed the trend of declining claims losses for insurers. To find a solution, the industry should look back to the 1990s
Blog: Trolley or dolly? Machines, ethics and liability
The 'trolley dilemma' is a thought experiment from the 1960s that questions the ethical course of action when having to choose between two outcomes
Motor helps Ageas UK’s COR to stay below 100
Ageas UK has reported a 99% total combined ratio (Q1 2015: 99.7%), driven by improved motor COR of 98.7% (Q1 2015: 106.4%), but other non-life ratios were weaker compared to this time last year.
UK motor prices to remain flat in 2016, as insurers drive competition
Increasing competition from insurers will cause prices for UK motor insurance to stay flat throughout 2016, according to a Macquarie report.
Blog: Proposed whiplash reforms are cynical
Andrew Twambley, founder of Injury Lawyers 4 U and spokesman of Access 2 Justice, reacts to the proposals put forward by Allianz's head of technical claims Sarah Mallaby to clamp down on claims farming.
Biba 2016: Motor premiums rise but home rates fall in Q1
Private car premiums rose for the second quarter year, but rates for household insurance fell, according to the latest insurance price index from the British Insurance Brokers’ Association and Acturis.
Legal: Macro trends to hit casualty market
The London insurance district is plugged into so many global markets that macroeconomic issues on the other side of the world can translate into problems much closer to home.
Carole Nash acquires Ageas Retail motorcycle books
Manchester-based insurance broker Carole Nash has reached an agreement to purchase the motorcycle insurance books of Ageas Retail, effective from 1 June.
Ex-RSA claims handler gets 10 months jail following fraud conviction
An RSA claims handler admitted to illegally sharing customer details with a law firm as well as adding friends and family to genuine claims.
Blog: Disruption has only just begun
The Next Generation Insurance Network has been providing young professionals with educational and social events in London for the past five years. The network has more than 1500 members from brokers to underwriters, lawyers to consultants.
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.
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.
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.
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.
Affinity: Creating perfect partnerships
Despite the public outcry over the affinity partnership between Age UK and Ageas, a clear objective and strategy can reap rewards for both halves of a deal.
Staysure to create 120 jobs in 2016
UK insurance and travel provider Staysure is creating 120 new jobs across its business this year.
Volvo CEO calls for more government help as it outlines autonomous driving trial in London
The Association of British Insurers’ has hailed Volvo’s autonomous driving trial in London next year as “really exciting” and potentially “transformational,” while the motor manufacturer itself has called for more government help to speed up adoption.
Google teams up with Uber and Ford to challenge autonomous car laws
Technology giant Google is partnering with taxi-hailing app maker Uber and US carmaker Ford to lobby the US government over driverless car regulations.
Faking injuries for insurance deemed as unacceptable as driving drunk
Lying about injuries to make a claim is unacceptable to 87% of people, second only to driving over the limit, according to a survey of 2000 people by Aviva.
Fix Auto seals sixth central contract with Axa deal
Fix Auto UK has signed a new national agreement to provide motor repair services to Axa Insurance.
Road Haulage Association launches insurance for members with Aviva, Griffiths & Armour
The Road Haulage Association has launched FR8, an insurance service for its member organisations.