Motor
Young driver green paper publication unlikely before 2014
The Department for Transport has said it will not be releasing its green paper on young driver safety until it has reconciled improving safety without restricting young people’s freedom.
Europe: Ecall opportunities
What does the long-anticipated road safety initiative Ecall – set to be introduced across the EU in October 2015 – mean for the insurance industry?
Ageas’ Watson becomes chairman of ABI motor committee
Ageas UK chief executive Andy Watson has been appointed chairman of the Association of British Insurers’ motor technical committee.
Women not shopping around despite premium rises, claims survey
Women have reported a 12% price increase on their motor insurance following the introduction of the Gender Directive 12 months ago, Consumer Intelligence has found.
Industry divided over Competition Commission’s motor recommendations
CC cost-cutting suggestions include banning credit hire referral fees
Biba welcomes CC recommendations on most-favoured nation clauses
The British Insurance Brokers’ Association has welcomed the Competition Commission's move to act on “anti-competitive” most-favoured nation clauses.
KPMG: Competition Commission reforms superseded by price battles
A combination of technological change and competitive market forces will likely exert greater pressure on the cost of motor insurance than reforms proposed today by the Competition Commission, according to KPMG.
ABI boss claims CC findings on motor repairs contain 'fundamental flaws'
The Competition Commission’s findings on vehicle repair is at odds with insurers’ own complaints data, the Association of British Insurers has claimed.
DVLA cuts insurance checks on tax renewals
Motorists will no longer need motor insurance policies to be checked when getting their vehicle tax after changes by the Driver and Vehicle Licensing Agency.
Credit Hire Organisation slams CC motor proposals
The Credit Hire Organisation has criticised the Competition Commission’s motor proposals saying they would disadvantage non-fault drivers and reduce competition by favouring insurers.
Credit hire process adds £150m to motor premiums says CC
Motor insurance premiums are being unnecessarily inflated by the complex chain for the settlement for non-fault claims, the Competition Commission has found after a yearlong review.
International: Europe boards the telematics train
European powerhouse Germany is the latest country to show an appetite for collecting driving data. But the global spread isn’t stopping there.
Review of the Year: General Insurance: A year of red tape
With the implementation of the Jackson reforms and the start of twin peaks regulation, reform and regulation dominated a mixed 2013 for the general insurance sector
Last chance to take advantage of early bird for the 2014 Motor Claims conference
Today is the last day to take advantage of the early bird offer for Post's hugely popular annual Motor Claims conference.
Europe: Telematics around the world
"Black", "box" and "technology" have become buzzwords for the insurance industry, with firms of all stripes seeking to incorporate more data into both their underwriting and claims processes to give insurers a better idea of customer risks.
Blog: Could the UK follow New Zealand's lead and embrace driving curfews?
As the festive season gets into full swing, several insurers are already issuing warnings to policyholders about the dangers of “riskmas”.
Credit hire portal set for 2014 launch as backers put faith in motor inquiry
Committee confident Competition Commission will draw ‘right conclusions’.
C-Suite: The spotlight keeps shining
The industry must keep doing the right thing for consumers under the glare of government, says Paul Geddes, chief executive, Direct line Group.
NCI boosts dividend by 20% after strong half
Service provider NCI Vehicle Rescue has pledged an interim dividend of 0.6p per share, up 20% from last year, after seeing pre-tax profits climb 21.3%.
Admiral extends Munich Re underwriting deal until 2018
Admiral has agreed to extend its underwriting arrangements with Munich Re for its UK car insurance business for a minimum or five years.
Russia round-up: The fall of Rossia
The long-running conflict over motor third party liability insurance between the Russian government and insurance companies initially rocked the industry boat - however, in general, the insurance market remained steady this quarter (though not without…
Russia round-up: The fall of Rossia
The long-running conflict over motor third party liability insurance between the Russian government and insurance companies initially rocked the industry boat - however, in general, the insurance market remained steady this quarter (though not without…
AA issues flood warning to car and home owners
The AA’s specialist severe weather team is being deployed in North Wales, Scotland and Eastern England coastal locations today as warnings of coastal flooding from the Environment Agency, Scottish Environment Protection Agency and Met Office escalate.
Industry split on telematics data sharing amid anti-competitiveness concerns
Telematics data expected to become ‘ubiquitous’ within the next decade.