Motor
MIB database to become motor liability trigger following paper certificate changes
Insurers will no longer have to pay third party motor claims for policyholders whose insurance has been cancelled following the implementation of the Deregulation Act this week, according to the Motor Insurance Bureau’s Technical director, Paul Ryman…
Saga completes Bennetts acquisition
Over 50s insurance specialist Saga has completed the acquisition of motorcycle insurer Bennetts for £26.26m in cash.
AA buys 49% stake in Indian roadside assistance venture
The AA has launched a five-year joint venture with Indian roadside assistance provider TVS Automobile Solutions to provide operational expertise to develop its assistance business in the country.
Motor fraudsters growing in sophistication, Keoghs warns
Law firm Keoghs has warned of higher levels of sophistication by fraudsters, who are becoming more aware of the detection methods used to catch them out.
FCA gives Markerstudy's Chaucer purchase green light
Markerstudy's bid to acquire Chaucer's UK motor business has been approved by the Financial Conduct Authority.
Roundtable: Telematics: a move into the mainstream
Will the falling cost of telematics devices see the technology move away from exclusively targeting young drivers and into other sections of the motor market?
C-Suite - Insurer: Driverless cars gathering pace
The barriers preventing widescale adoption of autonomous vehicles are slowly being broken through, says Kenny Leitch.
Legal Update: Look both ways
Contributory actions of pedestrians should be considered when mounting a defence, says Richard West.
Widespread telematics adoption questioned despite growing young driver uptake
More than one in five (22%) of young male drivers have telematics insurance policies, yet mainstream adoption of the technology remains a long way off, according to research conducted by Consumer Intelligence.
Blog: mobility scooters and the law
It is estimated there are around 350,000 people in the UK who regularly use mobility scooters. Following the European Court of Justice decision in Vnuk v Zavarovalnica Triglav, the Department for Transport is considering the impact of the case on the…
Tough motor conditions cause Moody's to downgrade France outlook
Moody's has changed its outlook for the property and casualty market in France from stable to negative, reflecting strong deterioration in motor insurance profitability.
Motor insurers warned against drawing from reserves in face of falling profits
The motor insurance market is expected to fall back into the red this year despite it continuing to be propped up by hefty reserve releases and rising premiums.
Young drivers buck the trend for rising cost of cheapest premiums
The cheapest premiums for young drivers fell by 10.3% over the past 12 months, bucking a trend that saw the lowest rates for all other motorists rise by 0.3%.
Blog: Telematics - driving fleets forward
Ask a White Van Man if he'd like a ‘spy-in-the-cab' black box and you'll get a colourful answer. But what if that black box could save lives?
MIB reports 4.6% rise in hit-and-run accident claims
The number of claims relating to hit-and-run accidents increased 4.6% between 2013 and 2014, according to the Motor Insurers' Bureau.
Industry defends data collection practices in light of CMA report
Insurers have defended their data collection processes following the publication of a critical Competition and Markets Authority report and calls from a consumer champion for greater transparency around how telematics data is used.
Analysis: Major Events in the Russian Insurance Market in Q2 2015
In Q2, the license of the chief CMTPL market player was withdrawn but returned shortly afterwards; the Russian Association of Motor Insurers summed up the results of the first quarter of 2015; Insurer ORANTA went through rough times.
Video: ABI Huw Evans
Association of British Insurers director general Huw Evans tells Post senior reporter Katie Marriner what general insurance issue is top of his agenda.
Motor insurance sector data collection practices scrutinised by CMA
The Competition and Markets Authority has highlighted widespread concerns about the use of consumer data and a "fragile level of trust" over future methods of data collection in a report focusing on three sectors, including motor insurance.
Wallis reappointed Claims Portal chairman
Tim Wallis has been reappointed chairman of Claims Portal Limited following a review of the role.
Flaw in Uber insurance approval process exposed, report
Taxi operator Uber is reviewing its systems in the UK after an investigation raised concerns about the robustness of its approval procedures for driver documents.
GAP market faces shake-up after FCA competition remedy
Firms distributing guaranteed asset protection insurance in connection with the sale of a vehicle from 1 September 2015 will be required to provide customers with information to help them shop around following new rules published by the Financial Conduct…
Companies must educate employees on 'major' licence changes
The elimination of the paper counterpart to the UK driving license will have a major impact on businesses and employees who drive company vehicles, according to Jonathan Dye, head of motor at Allianz Commercial.
Allianz partners with FMG in fleet telematics deal
Allianz Commercial has partnered with FMG to give its fleet and motor trade policyholders access to FMG's telematics software ingenium dynamics at a discount rate.