Motor
DAS to provide Bluefin brokers with motor assistance
Legal expenses insurer DAS has partnered with the Bluefin Network to provide their partner brokers with access to their motor breakdown service, DAS Motor Assistance Gold.
Motor premiums in biggest rise for five years
Motor insurance premiums in the UK have risen 8.1% over the past 12 months, signalling the end of three years of declining rates, according to the latest Car Insurance Price Index from Confused and Towers Watson.
Autonet increases profit by 13.1% in 2014
Autonet has reported operating profit of £9.5m for the year ending 31 December 2014, up from £8.4m over the course of 2013.
Claimant on hunger strike outside DLG offices in Bromley
A disgruntled Direct Line Group customer has said he is willing to die outside the firm's Bromley office in a dispute over claims.
Volkswagen to begin recall in January 2016
Troubled motor manufacturer Volkswagen will begin recalling cars that have been fitted with emission test-cheating software in January next year.
Analysis: Is flexibility the way forward for China’s motor market?
Adding more flexibility to the Chinese motor insurance market will create opportunities for foreign insurers to differentiate themselves on both price and product design, writes Nicky Burridge.
Ferma 2015: Willis launches motor risk forecasting tool
Willis has launched a tool that allows risk managers to forecast third party motor risk across Europe.
Quarter of UK drivers confused by motor insurance coverage
More than 8.7 million UK drivers do not understand what motor insurance cover they have, according to research from the Chartered Insurance Institute.
Ageas keeps ties with Volkswagen after emissions scandal
The Volkswagen emissions scandal is to have no impact on its partnership with Ageas, the insurer has confirmed.
D&O insurers facing VW payout as emissions scandal rumbles on
The increased use of technology in motor vehicles has been highlighted as a grey area in determining where product liability falls, in light of the Volkswagen emissions scandal, which will likely see directors and officers' insurers on the hook.
Consumer Intelligence index notes 5.5% premium fall for young drivers
Average motor premiums for drivers under the age of 25 dropped 5.5% in the year ending August 2015, according to insurance market researcher Consumer Intelligence.
Ageas and Age UK extend partnership for another decade
Ageas has extended its partnership with Age UK for another 10 years, with customers now having the opportunity to manage their insurance policies online.
CIS survey shows 100,000 parents 'fronting' offspring's motor polices
The number of parents currently ‘fronting’ motor insurance for their offspring has hit 100,000, according to research from The Co-operative Insurance.
Berenberg advises investors to avoid UK motor market
Berenberg analysts are advising investors to avoid the UK motor insurance market due to challenging operating dynamics and several "under-appreciated headwinds" they have identified.
Insure the Box partners with AA Driving School on telematics policy
The AA Driving School has teamed up with Insure the Box to launch AA Get Driving, a telematics motor insurance policy for pupils who have just passed their test and are buying their first car.
AM Best Commentary: Feeling the pinch
A number of market conditions are placing increasing pressure on the UK non-life sector. What will insurers need to do in order to ensure profits remain strong?
UK motor market chalked up collective loss of £31m in 2014
UK motor insurers continued to struggle in 2014, posting a collective loss of £31m, according to analysis by the Association of British Insurers.
Volkswagen's coverage questioned as £4.7bn is earmarked for emissions scandal
Volkswagen is unlikely to be able to rely on insurance to protect it from exposure relating to falsified US emission tests in particular diesel models of its vehicles, loss adjuster Cunningham Lindsey anticipates.
Axa and RSA mini-fleet products added to Applied Systems' panel
Applied Systems is expanding its commercial lines panel with the addition of mini-fleet products from Axa and RSA.
Over half would only consider telematics policy with £100 plus premium saving
Saving money is still the biggest factor in people taking out telematics and data-based insurance motor policies, according to new research from Consumer Intelligence. Although for over half (55%) the saving would have to be over a £100 for them to…
Driverless cars concerns can be overcome, claim insurers
Concerns around the vulnerability of driverless car systems to hacking have merit but do not present an insurmountable obstacle to mainstream uptake, according to insurers involved in the development of autonomous vehicles.
UK motor market value set to decline over coming years
The real value of motor insurance markets in the UK and Italy are likely to decline over the next few years, as emerging Asian markets continue rapid expansion, according to Finaccord.
Blog: Breaking down the barrier of mistrust
Given half a chance and insurers will wax lyrical about how ‘being there’ for policyholders in their time of need is what forms the foundation of an ancient and noble business model.
Europe: Russian insurance news roundup
The Russian insurance market grew by 2% over the first half of the year, increasing at a smaller rate than the number of complaints and sanctions against insurers.