Motor
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.
Blog: Recall insurance must address car hacking
Vehicles are increasingly connected and far more software-reliant than they used to be. Unfortunately, most insurers offering product recall solutions are unprepared for this new reality.
Blog: How to deal with diminution in value claims
A vehicle suffers a reduction in value the instant it sustains accident damage. The value of that reduction is usually the repair cost
Drones and Vnuk in the news; David Marock interviewed
Important news and exclusive content from Insurance Post over the past week
Italian insurance sees stable outlook for 2016
Ratings agency Fitch Ratings has forecast a stable 2016 for non-life insurers in the Italian market.
Uninsurance, 'panic' key reasons why young drivers ‘hit and run’
While rates of uninsurance have halved since 2005, the Motor Insurers’ Bureau has raised concerns the level of ‘hit and run’ incidents has not fallen by a similar scale.
Motor: Manufacturers and insurers – joining up the data
With a raft of new technology being installed in motor vehicles, the debate has started over who owns the data it produces – insurers or manufacturers?
Ping An buys 48% of major Chinese online car retailer
Ping An has bought 47.7% of the shares of Beijing-based retail car website Autohome from Australia-based Telstra for $1.6bn (£1.1bn).
Aviva claims head points to resistance from “two major players” as subrogation portal targets 70% take up by 2017
Aviva hopes to have two fifths of the UK motor insurance market signed up to use the subrogation portal it launched last year by the summer - and 60-70% by the end of the year.