Motor
Motor market urged to get on-board with My Licence
The Association of British Insurers is calling on the motor insurance market to sign up to My Licence to reduce fraud and improve policy applications.
Amlin records 9% increase in fleet motor rates for Q3
Amlin has recorded steady results for quarter three 2013 including stable improvement in its UK commercial business logging a 9% increase in fleet motor rates.
Tech company warns of ‘wilful blindness’ liability in ignoring telematics data
Businesses failing to correctly use their telematics systems to monitor and act upon drivers’ behaviour could be leaving themselves exposed to costly legal action in future, according to technology provider In-Car Cleverness.
Esure posts 1.7% increase in GWP in Q3
Esure posted a 4.8% increase in gross written premiums to £427m in the first nine months of 2013, with motor recording a 4.8% increase and home up 4.2%.
Insurers dismiss MP’s fear that medical panels could become their ‘captives’
Pre-medical offers remain a fraud concern for Apil.
Fraud Conference 2013: Insurers demand fundamental reassessment on data sharing
Concerns have been raised about plans by the Chartered Insurance Institute to reform data sharing between insurers and others using section 29(3) of the Data Protection Act.
Telefónica partnership offers first telematics product in Germany
Telefónica has partnered with Sparkassen Direktversicherung to bring the first insurance telematics product to Germany from this month.
Telematics key in combatting motor fraud, according to Octo
Octo Telematics is predicting telematics products could see the end of motor fraud tactics such as crash for crash schemes and bogus whiplash claims.
Allianz grows UK GWP by 1.8% in Q3
Allianz’s UK business reported a 1.8% increase in gross written premiums to £1 459.7m in the third quarter of 2013.
North East sees biggest rise in road deaths and injuries
The North East of England has seen the biggest increase in accident rates for killed and seriously injured people in 2012, according to IAM’s analysis of recent data produced by the Department for Transport.
Blog: What's holding telematics take-up back?
The rise of telematics in the insurance industry is, relatively speaking, a recent phenomenon.
Zurich's Cawley set to depart as insurer unveils 121 job losses
Zurich’s UK personal lines claims director Jon Cawley will leave the company at the end of this year, as part of a restructure of the firm’s UK personal lines and property claims teams.
Legal Update: Whiplash Claims: Lack of action by government on small claims limit gives time for constructive talks
Alistair Kinley says the government’s latest motor measures have little connection to insurance claims and whiplash and there is a failure to implement Transport Select Committee recommendations.
Ex-Kwik Fit MD Lynch joins Glasgow-based broker
Laurie Ross Insurance has appointed former Kwik Fit Financial Services boss June Lynch as managing director.
AA granted ABS licence
The AA expects to have its own legal services business up and running by the end of the year after being granted an alternative business structure licence by the Solicitors’ Regulation Authority.
McMillan returns to Canopius
Canopius Group has appointed Neil McMillan as class underwriter to its North American Facilities team, focusing on property, motor and liability lines.
MOJ portal fails to stem rising legal fees
The costs of claims for private motor insurance rose by 7% last year despite a 15% drop in quoted premiums.
Aviva launches cycling safety campaign
Aviva is seeking to reduce the number of incidents involving large goods vehicles and cyclists by launching a campaign.
Autonet expands its offering on Quotezone
Autonet Insurance has launched its Carxtra brand on aggregator site Quotezone.
RSA performs offshoring U-turn as customers demand UK call centres
Closure of insurer’s customer-centric Indian call centres to create 350 UK jobs.
Insurers set to pay the price after St Jude storm wreaks havoc in the South
Property damage from fallen trees expected to be among major costs.
Motor Insurance: Jumping the gun
Motor insurers’ over-eagerness to reap the anticipated benefits of the Legal Aid, Sentencing and Punishment of Offenders Act has resulted in a sharp drop in rates. With unprofitability increasing, where does the sector go from here?
Opportunistic Fraud: Zero tolerance
With opportunistic fraud attracting little public attention compared with large-scale organised fraud, the insurance sector is battling to change attitudes to such crime and develop methods to catch its perpetrators.
St Jude claims unlikely to halt falling premiums
Damage to homes in the south and southwest as a result of storm St Jude is unlikely to be significant enough to halt the downward trend of household premiums, according to broker AA Insurance.