Motor
Covéa deal offers a mobile repair solution
Covéa Insurance has signed up to Auto Restore’s combined national mobile and fixed repair solution to provide its customers with a seamless journey from the point where they register the claim through to a choice of type of repair service, time and…
IFED’s biggest investigation ends with guilty plea
The Insurance Fraud Enforcement Department’s biggest investigation, launched over a year ago, has concluded today with a fraudster pleading guilty to selling hundreds of non-existent car insurance policies to drivers across the UK.
Insurers defeat fraudsters attempting to claim more than £117 000
Hill Dickinson Fraud Unit and The Co-operative Insurance have cracked down on a fraud ring that attempted to claim over £117 000.
CC receives wave of industry response to private motor insurance investigation
Opening responses to the Competition Commission’s investigation into the private motor sector have been received from a variety of interested parties.
Bennetts strengthens commercial team with dual hire
Bike insurance specialist Bennetts has moved to bolster its commercial team with the double appointment of Ben Blake as senior commercial development manager and Michael Fasulo reporting into him as commercial development manager.
Drive Assist creditors will not get all their money back
A number of creditors of failed credit hire company Drive Assist will not be paid all of what they are owed, said Zolfo Cooper, the firm’s administrators.
Fitch: Drivers’ occupation can help insurers assess risk
Fitch Ratings highlighted that putting more weight on factors other like occupation, now that the gender element is no longer in play, is a “valid and valuable” factor for motor underwriters.
Direct Line Group facing price fixing complaint from Dispatches' Moody
Direct Line Group is facing a joint price fixing complaint by Retail Motor Law and the Vehicle Builders & Repairers Association.
PM: Dangerous driving sentences could be increased
Prime Minister David Cameron has suggested the government will explore increasing the maximum sentence for dangerous driving.
Quarter of crash victims pressured into claiming, says LV
One in four crash claimants say they would never have sought compensation if they hadn’t been pressured by a third party, according to research from LV.
Your say: Don’t tar all with the same brush
While Post’s story on the ruling in Webster Dixon v Equity Syndicate Management and Motor Plus on non-panel law firm rates charged for before-the-event legal expenses work highlights the importance of the decision for before-the-event insurers, it is…
Gender Directive: The Sex Factor
As consumers come to terms with gender-neutral pricing, motor insurers continue to sweat over alternative rating factors and rebalanced underwriting models.
Reinsurance: Superstorm in a teacup?
While destruction wreaked by Superstorm Sandy hasn’t hit the reinsurance sector as hard as might be expected, the market faces challenges in the shape of overcapitalisation and PPOs.
Spotlight On: Telematics: Map Reading
In the flourishing world of telematics-based car insurance, the concept of a vehicle score to evaluate individual risk has become ubiquitous. But are all scores equal?
Spotlight On: Telematics: On the road to a new era
Has the EU Gender Ruling finally brought telematics to the fore to drive new growth in the motor sector?
DLG warns RTA Portal delay could cost industry £1m a day
The insurance industry faces extra costs of £1m for every day the implementation of an expanded electronic claims portal is delayed according to Direct Line Group.
General Legal Protection wins £600 000 breakdown contract
Go Skippy.com has awarded General Legal Protection a contract worth more than £600 000 to supply breakdown cover to the firm’s customers.
Post magazine - 31 January 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Average motor premiums down, says AA
The average motor insurance premiums fell be almost 3% over the final three months of 2012 according to the AA.
HGV ‘crash for cash’ fraudster jailed
A gang member who deliberately caused a crash with a heavy goods vehicle to make a fraudulent insurance claim has been jailed for a year.
Insure The Box cuts third party providers from telematics
Insure The Box has become the first UK insurer to create its own in-house telematics platform in a bid to reduce costs and improve customer service.
Axa Assistance marks roadside recovery deal with Footman James app
Axa Assistance UK has developed a smartphone application offering breakdown assistance for Footman James customers.
Mapfre to offer en route breakdown assistance in Turkey
Mapfre's Turkish subsidiary has set up what it claims to be the country’s first roadside Assistance fleet, specializing in repairing breakdowns that occur whilst en route.