Motor
Bogus whiplash claims driving up motor premiums in East London
East London motorists are paying more than three times more for car insurance than their West London counterparts due to high numbers of bogus whiplash claims, according to research from accident camera company Smart Witness.
Axa motor boss Byford to head up retail underwriting at ERS
ERS has hired Axa’s head of motor personal lines intermediary Jon Byford to head up retail underwriting at the broker-only motor insurer.
Aggressive driving making Singapore road users feel unsafe, says Axa
As Axa Singapore launches a driver behaviour app, the insurer says three out of five drivers in Singapore feel unsafe.
Roundtable: Fraud: Talking tough
The insurance industry has made a big noise about increased anti‑fraud efforts in recent years, but how significant has the impact been – and where could firms do more?
Warning over ride-sharing in Australia
The Insurance Council of Australia is urging Australians to be aware of the potential impact car ride-sharing services might have on their motor vehicle insurance.
Lockton snaps up Motorsport specialist
Broker Lockton has completed the acquisition of Leeds-based motorsport broker, MIS Motorsport.
Driverless Cars: Crash of the motor insurance industry?
by Cherry Chan, partner at Barnett Waddingham
Isotrak partners with TTS360 on crash assistance
Telematics provider Isotrak has partnered with incident management company TTS360 giving its HGV fleet customers assistance after a collision.
Axa Tianping targeting 3% of China motor market
Gaelle Olivier, CEO, general insurance, Axa Asia is targeting 3% of the motor market in China through its joint venture Axa Tianping.
Q&A: RSA boss Stephen Hester gives Post the inside track
Four months after taking over the reins at RSA, group chief executive Stephen Hester talks to Post about the reasons behind his decision to take the plunge into the general insurance industry, how the firm’s strategic action plan is progressing, life…
RSA boss Hester open-minded on motor market presence
RSA group chief executive Stephen Hester has ruled out further cut-backs in the UK motor space in the short term but has warned he will not treat the embattled market as a “sacred cow”.
European Council agrees Ecall proposal
The European Competitiveness Council has agreed a general approach to a draft regulation aimed at introducing motor type-approval system requirements for fitting Ecall devices in new models of vehicles.
Fitch warns on China motor profitability
Fitch Ratings believes motor insurance profitability will hamper the performance of China's general insurers in 2014.
Axa Assistance partners with Footman James in classic car deal
Axa Assistance has unveiled a new breakdown assistance product for classic car owners in partnership with Towergate-owned Footman James.
RSA ‘absolutely’ committed to UK motor despite axing 800 brokers
RSA has reaffirmed its commitment to the UK motor market in spite of its decision to sever ties with personal lines brokers where portfolios are dominated by the troubled business class.
RSA cutting more than a third of personal motor brokers
RSA is to reduce the number of personal motor broker relationships by 35%, axing partnerships primarily led by motor cover.
Insurers told to cut losses in motor amid ongoing competition concerns
Hiscox AGM sees 42% of shareholders vote against remuneration policy
Ageas agrees new five-year deal with John Lewis
Ageas has agreed a deal to provide John Lewis car insurance for a further five years.
Innovation Group pre tax profits down 29%
Claims specialist Innovation Group has unveiled a hefty slump in pre-tax profits for the six months to 31 March.
Biba 2014: Markerstudy introduces ‘Fred’ windscreen device
Markerstudy has pulled back the wraps on a new device to provide rapid information on behalf of policyholders in the case of emergencies and breakdowns.
ERS to launch two motor products at Biba conference
ERS is launching two new motor solutions at the Biba 2014 conference in Manchester.
ABI calls for small claims limit increase
The Association of British Insurers is urging government to increase the small claims limit from £1000 to £5000 to help ensure the fall in motor insurance premiums can be sustained.
Japanese insurers to offer mandatory motor cover in China
Tokio Marine, NKSJ Holdings and MS&AD Insurance have been approved to offer mandatory motor cover in China.
QBE promotes casualty, motor directors
QBE has promoted from within for its new casualty and motor directors in the UK and Ireland.