Motor
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.
Gable in talks to create UK motor underwriting operation
Gable Insurance is in discussions with former Service Insurance Company director Beverley Shreeve about creating an underwriting operation for UK motor under the Gable brand, Post understands.
Motor Repair Research: Crash test monies
Thatcham provides an invaluable service for motor insurers. But who exactly is paying for it and, more to the point, who isn’t?
ABI reiterates support for young driver curfew as part of safety campaign
The Association of British Insurers has reiterated its call for a night-time curfew for young drivers to be implemented as part of a wider campaign for the introduction of graduated driving licences.
Insurers to suffer COR deterioration as motor premiums plummet by £400m
Motor insurers are facing a couple of challenging years in which the market average combined operating ratio could deteriorate to 105%, according to Deloitte calculations based on declining motor premiums.
Biba finds 9% jump in black box policy sales
The number of live black box telematics policies has increased by 9% to 323,000 from 296,000 in December 2013, according to research from the British Insurance Brokers' Association.
Axa to display previous year's premium on motor renewals
Axa has confirmed that it is now displaying last year's premium on motor renewals for its Axa Direct Brands.
Axa offers free ridesharing cover to Bla Bla Car members
Axa has partnered with ridesharing group Bla Bla Car to offer free insurance cover to its members in the UK and France.
Western Australia signs up to compulsory third party motor insurance
From 1 July 2016 motorists in Western Australia will be required to purchase third party (no-fault) insurance.
Carole Nash renews UMA with Ageas
Motorcycle broker Carole Nash has completed the early renewal of its underwriting management agreement with insurer Ageas.
Raymond criticises Hong Kong insurers' use of betterment clause
Neil Raymond, CEO of motor and health broker Pacific Prime, has accused Hong Kong insurers of "institutionalised fraud" over how they handle motor claims.
Ride-sharing: Innovation Uber allies
A new compromise between US insurers and ride-sharing companies could provide a new model for insuring those who wish to use their cars to carry paying passengers.
PE investment and consolidation to continue in broking following flurry of deals
Consolidation and private equity investment are far from reaching their zenith in the broking sector, according to market insiders, who have tipped brokers Be Wiser, Jelf and Autonet Insurance Services as attractive prospects for buyers.
Trust Insurance Campaign: A thirst for knowledge
The Chartered Insurance Institute’s Made Simple campaign is the result of a year spent listening to customers and realising how much uncertainty surrounds insurance – and how much the buying public wants to learn.
RSA boss Lewis hopeful for Irish division turnaround in 2016
RSA UK and Western Europe CEO Steve Lewis is confident the insurer's Irish business will be moving towards profitability in 2016, but has admitted there is still a lot "heavy lifting" to do in the division.
Foreign lorry accidents on UK motorways up 14%
Collisions on UK motorways involving foreign lorries have increased by 14% since 2012, according to statistics from credit hire firm Accident Exchange.
Brightside pegged as Autonet purchaser
Bristol-based broker Brightside is said to be pursuing Autonet Insurance Services - a previous acquisition target of Arthur J Gallagher.
DLG sees GWP dip marginally in Q1 as costs plummet 10%
Direct Line Group has delivered a 0.9% dip in gross written premiums for the first quarter of 2015 after attributing a 1.3% reduction in in-force policies to a fall within its partnerships channel.
PE house takes 50% stake in telematics firm
New private equity firm Beech Tree Private Equity has agreed to take a 50% stake in RS Fleet Installations, the West- Midlands based telematics device installation firm.
On the Soapbox: A driverless commercial future
Google expects driverless cars to be on the road within five years. So far much of the focus has been around privately owned vehicles, but how will the commercial sector respond when technology takes over?