Motor
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.
LV CEO predicting motor rates recovery as GWP continues to fall
LV group chief executive Mike Rogers has blamed falling motor premiums for a £20m drop in the firm’s general insurance gross written premium total for the opening nine months of the year.
Ageas backs road improvement calls
Ageas has thrown its weight behind a campaign for safety investment on Britain’s roads.
Axa Commercial Lines and Personal Intermediary adds new motor product
Axa Commercial Lines and Personal Intermediary has launched a motor insurance product Axa Car Plus.
Gibraltar-based motor insurers outperform UK counterparts
Niche offerings help domiciled firms achieve sub-100% CORs.
Editor's comment: Enough monkeying around
Figures this week show Gibraltarian motor insurers are outperforming their peers in the UK, with only seven UK motor insurers maintaining a combined operating ratio of sub-100%, last year compared with 12 firms in Gibraltar.
MoJ to introduce expert panels for whiplash claims
The Ministry of Justice has confirmed a package of measures, such as the introduction of independent medical panels, aiming to combat whiplash and reduce the cost of motor insurance premiums by £80.
Insurance lawyers welcome whiplash medical panel proposals
Claimants and defendant lawyers alike have welcomed the government’s plans to introduce independent medical panels for validating whiplash claims.
Motor premiums continue “record drops” in Q3 says the AA
A dramatic plunge in car insurance premiums is continuing according to the latest figures from the AA.
Whiplash: Choosing the right path
Several ideas have been suggested to alleviate insurers’ whiplash woes – but which method represents the best solution for all parties?
Marmalade rejects curfews for Allianz telematics tie-up
Usage-based insurance specialist Marmalade and insurer Allianz have joined forces to deliver telematics-based insurance cover for young drivers.
Marmalade rejects curfews for Allianz telematics tie-up
Usage-based insurance specialist Marmalade and insurer Allianz have joined forces to deliver telematics-based insurance cover for young drivers.
Adrian Flux strikes in-car camera deal
Specialist car insurance broker Adrian Flux has partnered with in-car camera manufacturer Nextbase.