Motor
Six foreign insurers granted China motor licenses
Six foreign insurers have been given licenses to operate in China’s compulsory motor market, twelve months after the market was first opened up to foreign insurers.
Hastings weighing minority stake sale
Hastings Insurance Group is plotting the sale of a stake in the business, with management retaining "a significant shareholding".
Whiplash: Whipping up a storm
As the debate about bogus whiplash claims rumbles on, opinion is divided on whether two investigations into the issue are warranted and what impact they will have
In Series: Technology: The great app race
While apps were all the rage until recently, insurers are now discovering the value of optimised mobile sites.
View from the Top: Complying with the spirit of the law
It is up to insurers to support government efforts to ensure personal injury claims are handled correctly, says John O'Roarke.
Equity axing 200 jobs in motor focused re-launch
Equity Insurance Group is to cut 200 roles following its acquisition by Jeff Greenberg-led private equity house Aquiline.
Volkswagen signs deal with UK General
Volkswagen Financial Services has signed a deal with UK General Insurance that aims to give VW Group customers free access to approved repairers in the event of an accident.
Allianz to underwrite Drive Style motor offering
Allianz is to exclusively underwrite a new proposition from Drive Style Insure that bases the premium on each individual’s driving behaviour.
Marsh adds CFC Underwriting and Call Assist to networks provider panel
Marsh has added CFC Underwriting and Call Assist to its networks provider panel.
Markerstudy eyes up acquisitions and unveils claims management solution
Markerstudy has combined three of its most recent acquisitions into a new integrated FNOL and claims management solution called Synchronicity.
Aviva resurrects General Accident brand for motor market
Aviva is targeting parents seeking to purchase their children's car insurance with its new motor proposition after resurrecting its General Accident brand.
Aviva relaunches General Accident brand
Aviva is introducing a new car insurance brand for internet shoppers following the success achieved by its Quote Me Happy offering.
Interview: Sandy Dunn and Penny Searles: Driving force
With the revival of telematics set to change the face of motor insurance underwriting, Wunelli founder Sandy Dunn and managing director Penny Searles explain why they believe their firm is in the driving seat in this sector.
Opinion: White lies, black lies & statistics
Ms. Nyman’s recent piece in Insurance Insight entitled, “UAE Insurance Sector Expected to Grow in 2013” proved interesting to read for a number of reasons.
Settlement fairness failing to meet customer expectations
Personal lines customers demand better claims advice
ING plots European IPO
Dutch financial giant ING is preparing a case for an initial public offering of its European insurance business, with a target of going to market in 2014.
Esure to re-enter parts of motor market as GWP grows 1.6%
Esure is gearing up to re-enter less profitable parts of the motor insurance market as a result of recent personal injury reforms.
Winter Olympics: There’s no business like snow business
With preparations well underway for February’s 2014 Winter Olympics in Sochi, Russia, are the organisers prepared for the risk of the Games?
DLG boss expects reforms to prompt limited benefit in tough market
Direct Line Group chief executive Paul Geddes has vowed to adopt a conservative outlook on legal reform within the motor market and has suggested financial gains will be enjoyed by consumers as opposed to insurers.
Competitive motor market sees GWP at DLG slide 4.5%
Tough market conditions have been identified as the root cause behind a 4.5% slump in the Direct Line Group’s gross written premium for ongoing operations in the first quarter of 2013.
UK General to launch niche motor scheme alongside Enterprise
UK General is preparing to launch itself into the non-standard motor arena with a scheme for brokers, in partnership with Gibraltar-based motor and general insurer Enterprise Insurance.
More than 1000 UK motorists attacked by missiles in 2012
On average two motorists were attacked by thrown missiles every day of 2012, according to figures obtained by Autoglass.
EIP and Costco launch van insurance scheme to SME market
Equity Insurance Partnerships and Costco Wholesale have launched a new van insurance scheme which is designed to target Costco’s SME customer base.
News review: 2 May 2013
A round-up of news stories from this week.