Motor
Admiral reports 9% fall in UK turnover
Admiral chief executive Henry Engelhardt has said that now "is not the right time to grow" its market share in the UK after turnover fell 9% to £470m (Q1 2012: £518m) in the first quarter of this year.
AA: SoP extension is not good enough
An extension of the Statement of Principles is not a satisfactory solution to flood insurance even on a temporary basis, Simon Douglas, director of AA Insurance has said.
One in five cyclists is invisible to motorists
Motorists fail to notice 22% of cyclists and 4% of jaywalkers, according to research by Direct Line.
Quindell expands ranks with Crusader acquistion
Quindell Portfolio has acquired motor claims management specialist Crusader Assistance Group Holdings in a £9m deal, subject to regulatory approval.
70% of drivers think speed cameras are money-making machines
More than 19m UK drivers (70%) think speed cameras exist to make money rather than prevent accidents, according to a study by Go Compare.
Aquiline completes Equity acquisition
New York-based private equity firm Aquiline has completed its deal to purchase Equity Insurance Group.
Law reports: Common-sense ruling sets precedent for company directors claiming against themselves
This law report was contributed by law firm Berrymans Lace Mawer
Affinity Partnerships: Finding the perfect fit
To achieve success in the affinity market, insurers must be careful to foster mutually beneficial relationships with the right partners and ensure they select relevant products
Motor Insurance: Claims, lies and videotape
Dashboard cameras are commonplace in Russia to prove road accidents to the courts and to protect against police corruption. But what impact do they have on the insurance sector? Anne-Louise Fogtmann explains.
Banks’ PPI problem sees insurance complaints on the rise once again
Consumer complaints about payment protection insurance are continuing to rise, with the total number of complaints in the second half of 2012 increasing by 5%, compared with the previous six months, to 2.17 million.
View from the Top: The end of boom and bust
I was recently thinking that I may never see another overall hard market cycle in my lifetime and we have speculated here that new forms of investment and rapid capital deployment could have a major impact on the market if more consistently applied.
View from the Top: Protect young drivers now
We need a combative strategy to reduce the risk of catastrophic accidents, says Tom Woolgrove, managing director of personal lines, Direct Line Group.
Expert Analysis: Making changes
Price comparison sites are making changes to the way they operate, embracing telematics and moving into new product lines.
Biba hails improved insurance access for older customers
New figures show a steep rise in the use of signposting services used to refer customers when an insurer or broker can’t offer motor or travel cover due to the age of a customer.
Legal reforms: Damage to the system
While the Jackson reforms may reduce the cost of civil litigation, they could have unintended consequences for the insurance industry.
Website review: More Than’s site less than adequate
Loading times of up to 14 seconds contribute to site’s low score, says Gomez.
Uninsured driver sentenced after motorist she crashes with refuses to lie to insurers
A woman who asked the motorist she had crashed into to lie on her behalf so she could cover up that she was driving without insurance was sentenced last Friday with a two year conditional discharge for fraud by false representation.
Generali unveils Moto GP sponsorship deal
Italian insurer Generali, has become an official sponsor of the Moto GP series, the international motorcycle racing championship.
Personal injury firm stops accepting referrals
Personal injury law firm Antony Hodari is cutting ties with claims intermediaries in a move to become “self-sufficient” in generating its caseload.
Only Young Drivers launches on Comparethemarket
Only Young Drivers has joined the insurer panel of comparethemarket.com.
Newcastle United star becomes latest footballer caught driving without insurance
Newcastle United player Hatem Ben Arfa has been disqualified from driving after pleading guilty to motoring offences, including driving without insurance.
Broker warns of motor insurance fraudsters manipulating MID records
Specialist motor broker DNA Insurance Services has warned that fraudsters are avoiding paying the appropriate premium for their risk by buying motor trade road risks policies to ensure their vehicles appear on the Motor Insurance Database.
‘Worrying trend’ for over-regulation making UK market less competitive
Rising regulatory costs are becoming a financial burden the UK’s insurance market can ill afford in the face of international competition, Lloyd’s finance director Luke Savage has warned.
In Series: Personal Lines: The good old days
Insurers now benefit from data usage that allows them to tailor prices from hundreds of categories. But this wasn’t always the case.