Motor
More Than offers 16% premium cut for drivers with braking devices
More Than is to cut motor premiums by 16% for drivers that have autonomous emergency braking devices fitted as standard in their car.
Allianz partners with Nationwide and Fix Auto for repair services
Allianz has partnered with Nationwide Crash Repair Centres and Fix Auto UK to provide vehicle accident repair services for the insurer across the UK.
Suspected Japanese crime groups to be offered motor cover
General insurers in Japan will be allowed to sell motor cover to suspected crime syndicates from next month according to a report from the Japan Times.
Ageas joins Carrot’s motor underwriting panel
Ageas has joined the motor underwriting panel for broker Carrot Insurance’s telematics product.
CEO Jansen and CFO Boland to leave the AA
The AA chief executive Chris Jansen has resigned from the board of the roadside assistance company “by mutual agreement”.
Hastings sees 90% increase in Q2 pre-tax profit
UK motor specialist Hastings posted profit before tax of £17.1m for the second quarter of 2014, a 90% increase on the same period in 2013.
57% of motorists unaware of overseas vehicle protection
A month long survey of 402 Auto Windscreens customers has found that more than half do not know if their vehicle would be covered for travel abroad.
DfT denies driverless convoy trial plans
The Department for Transport has denied that the UK government is plotting trials of convoys of driverless lorries on UK roads next year.
Analysts criticise insurers’ use of reserve releases for distorting H1 results picture
Admiral boss Engelhardt calls focus on reserves in financial reporting ‘bizarre’
Uber’s Berlin ban overturned
A ban on smartphone taxi firm Uber operating in Berlin has been suspended until further notice following a decision by the presiding judge of the Berlin Administrative Court.
Trade voice: A driverless future beckons
Driverless vehicles have until recently been the stuff of scary fiction – from Stephen Spielberg’s menacing apparently driverless truck in the cult 1970s film Duel, to Stephen King’s demonic Chevrolet in Christine.
Crash-for-cash pair handed prison sentences
The leader of a crash-for-cash scam and his driver have been sentenced to more than five-and-a-half years in prison.
Berlin unveils Uber ban
Smartphone taxi company Uber has been hit with a ban from the city of Berlin on concerns over insurance for passengers.
Motor and home premiums fall almost 7% in past year
The British Insurance Brokers’ Association has highlighted government and industry initiatives as a contributing factor behind a 6.8% reduction in the cost of motor and homes insurance in the past year.
AA index reports 6.1% motor premium decrease
Latest results from the AA British Insurance Premium Index show a 6.1% decrease in annual comprehensive car insurance premiums to £504.59 for the three months ended 30 June.
More pain predicted for motor market as regulation rears its head
Listed insurers Esure, Admiral and Direct Line Group are expected to fare better than most as the motor market enters the toughest part of the underwriting cycle, according to a note published by Berenberg.
Men and women equally safe drivers say 49%
Just under half of Britons view male and female drivers as equally safe according to a survey from Sheila’s Wheels.
Blog: Telematics update
How does the UK telematics market compare with markets in other parts of the globe? Sarah Wenham explains
Admiral UK motor profits up 8% on boosted reserve releases
Admiral’s UK motor business has seen profits increase 8% following £73m of reserve releases in the first half of 2014.
Allianz recovers from weather dent as it hails 46th quarter of profitable growth
Allianz Insurance chief executive officer Jon Dye said the firm was ‘very close’ to where it hoped to be at the half-year stage, after it reported its 46th consecutive quarter of profitable growth.
Blog: Getting SMART about car repairs
The increasing popularity of SMART repairs means effective regulation will be key, says Revive's Mark LLewellyn
Whiplash medical fee cap ‘credit positive’ says Moody’s
Plans to limit the cost of medical reports are credit positive for UK motor insurers according to rating agency Moody’s, in spite of the expectation that such moves will also further lower premiums.
One third of motorists favour mobile devices for quotes
Around a third of UK motorists want to receive car insurance quotations on their tablet or smartphone, according to a survey from software provider SSP.
ABI premium tracker reports £378m savings for motorists
Average private comprehensive motor premiums rose £2 in the second quarter of the year to £361, according to the latest results from the Association of British Insurers' motor insurance premium tracker.