Motor
Competition Commission finds evidence of over-costing in the motor insurance market
The Competition Commission has found evidence that the separation of cost liability and cost control in the provision of post-accident services to non-fault motor claimants is pushing repair costs up.
Police stop one man’s three-year motor-fraud spree
Police in China finally caught up with a man who crashed a car on average every three days for almost three years as part of an insurance scam.
Estonian motor market to account for two-thirds of GI market by 2017
Estonia will see growth in its motor insurance market after a rise in car sales, according to a report into the sector.
Ageas goes live with Quindell system
Ageas has implemented and gone live with Quindell’s rating and underwriting engine Napier.
Add-ons: Into the mist
The Financial Conduct Authority’s investigation into add-ons threatens to create fault lines between the industry and the public. Is the sector’s house in order or is a clean up needed?
Tata Consultancy launches insurance 'ditigal wallet' app for drivers
A smartphone app allowing insured drivers to digitally store their insurance documents has been launched in India by Tata Consultancy Services.
Drivestyle launches mile-by-mile telematics product
Coverbox brand Drivestyle.co.uk has unveiled a new car cover that allows customers to purchase car insurers in bundles reflecting how far they drive.
Allianz personal lines stalwart joins Zurich
Zurich has appointed Gareth McChesney as director of personal lines underwriting and pricing for its UK general insurance business.
Invicta picks up Stackhouse personal portfolio
Kent broker Invicta is set to acquire a portfolio of personal lines business from Stackhouse Poland.
Chinese insurers might face downgrading, Moody’s warns
Chinese property and life insurance firms might see a credit downgrade in the next two years if car insurance and saving products remain as the main source of their income, rating agency Moody’s has warned.
Timetric report predicts steady growth for Romanian insurers
Romania’s high road accident rate will increase personal accident insurance cover sold reaching 648 700 policies by 2017, a Timetric study has found.
Octo eyes up UK telematics opportunities
Telematics systems provider Octo Telematics has relocated its frontline operation from Italy to London in a bid to take advantage of opportunities in the burgeoning UK telematics market and to build stronger ties with both the insurance and manufacturing…
Zurich and Carrot launch smart car Initiative
Zurich and Carrot Insurance are targeting learner drivers with a pilot scheme where participants get a smart car.
Post Audio Supplement - 27 June
Too busy to read the magazine or website? Want a quick update on the latest news? Why not listen to our audio update.
Aviva moves more UK roles to India after cutting 200 jobs in Manchester
Firm considering adding 100 offshore general insurance roles by end of next year.
Penny Black's Insurance Week - 27 June 2013
Penny loves to moan and complain, so she was thrilled this week to hear of one complaint a telematics firm received from an elderly customer who was unable to install their new black box.
Autonet reports decline in young van drivers’ premiums
Figures by Autonet Insurance show premiums for younger generation of van drivers have dropped down further from last year.
Motor Insurance: The road to profit
Could recent legislation provide the turning point motor insurers need to drive them into long-awaited profitability, or are tough times set to continue?
Direct Line enters telematics world
Direct Line has launched a telematics product available via both a black box, with technology provided by Tracker, and an app across its motor insurance brands.
Court summons for speeding on the rise
The number of drivers summoned to court after being caught speeding increased by 10% in 2012, the equivalent of 1 000 drivers a week.
China's motoring potential
The Chinese market is slowly opening up to foreign insurers. Mukul Gupta argues the motor market could be the key to success.
Claims Club Monthly Missive: Young driver safety consultation delayed
The issue of road safety, along with flooding and whiplash, has been at the top of the agenda when it comes to the insurance industry’s engagement with politicians.