Motor
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.
Motor sector told to brace for new era as autonomous cars edge into view
Trials of driverless cars on UK roads set to commence early next year
Industry frustrated as CMA considers U-turn on capping credit hire costs
CHO boss Evans launches complaint to CMA over direct hire practices
East England drivers UK’s worst says Aviva
Drivers in Aviva’s home territory of the East of England are among the UK’s worst according to figures produced by the insurer’s Drive smartphone app.
RSA job cuts suggested by report
RSA is refusing to comment on a report suggesting it will announce "hundreds" of job cuts at its interim results on Thursday (7 August).
Esure reports steady results as it unveils ABS plans
Esure profits have grown 0.4% for the first half of 2014 with chairman Peter Wood praising the group's disciplined underwriting in difficult market conditions.
Blog: Tick follows Tock, follows Tick...
In June 1947, the British appointed lawyer Sir Cyril Radcliffe to lead a commission which would establish the boundary between India, and a nascent Pakistan.
ABI slams 'excessive' claimant lawyer costs following meso report
The Association of British Insurers has said claimant lawyers have “difficult questions to answer” about why they do not support lower legal costs following the publication of the Justice Select committee’s report on mesothelioma claims.
Axa Assistance to provide motor breakdown cover for consumer site
Consumer insurance website Surewise.com has partnered with Axa Assistance to provide its motor breakdown offering.
Government's 2015 driverless car target 'ambitious' says Thatcham
News that the UK Government has pledged £10m to help fund public road trials of driverless cars has been welcomed by the insurance industry’s motor research centre Thatcham.
Competition watchdog weighs credit hire cap U-turn
The Competition and Markets Authority is considering back-tracking on proposals to enforce a cap on the cost of replacement vehicles to non-fault motor insurance claimants.
Study finds 'significant demand' for telematics among older drivers
Insurers focusing telematics products solely on young drivers are overlooking a sizeable untapped older driver market, according to software provider SSP.
UK Government offers £10m for driverless car road trials
The UK Government has offered a pot of £10m to help fund public road trials of driverless cars in up to three cities from January 2015.
Aviva seeks consultation on cashless compensation for minor motor injuries
Claimant lobbyists dismiss proposals in insurer’s report as ‘ludicrous’
58% of British drivers unsure of EEC coverage
Almost two-thirds of British drivers don’t know if they are covered to drive in the European Economic Community, or believe that they are not covered according to a survey by Be Wiser.
Zenith launches ‘world first’ motor sharing product
Zenith Insurance has teamed with Easy Car Club to launch what it claims is a world first cover for car and van owners looking to participate in the vehicle sharing schemes.
Mixed results for LV as GWP drops
LV has reported £720m general insurance gross written premiums for the six months ended 30 June 2014; a drop from £748m for the same period last year.
Unipart Automotive axes 68% of staff as it enters administration
One of the UK’s largest independent suppliers of car parts, workshop consumables has entered administration making 1244 staff redundant.