Motor
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.
Ageas and New Law Solicitors launch non-fault personal injury partnership
Ageas has teamed up with personal injury law firm New Law Solicitors to provide legal services for customers making non-fault personal injury claims.
VIG posts record profit for second year running
Vienna Insurance Group posted a 5.1% increase in profit before taxes to €587.4m in 2012, the highest profit in the company's history.
Quindell wins five-year deal with RAC
Quindell has said a new five-year contract that sees RAC implementing its end-to-end technology platform has the potential to be its largest revenue generator to date.
Your Say: Driving ‘fingerprint’ to deliver data confidence to underwriters
The recent article Get Smart, Get Appy made some valid points about the adoption of apps by insurers.
Your Say: Will Citroen be the first of many?
Car manufacturer, Citroën, has recently announced its plans to fit a telematics device as standard in its C1 Connexion special edition model.
UK motor hits 102% COR for 2012: E&Y
The UK motor insurance industry fell just short of breaking even over the course of 2012, but figures from Ernst and Young suggest that profitability may have already peaked.
Financial stress takes toll on Italian insurers
Pressure on premium income in Italy is likely to continue throughout 2013 as the deep recession and austerity measures in Italy squeeze households' disposable income, according to Fitch.
Motor insurers vow to cut premiums if young driver claims come down
The insurance industry has promised the government young drivers’ premiums could go down by as much as 20% if new proposals succeed in reducing the frequency and value of motor insurance claims.
View from the Top: Going back to basics
Accidents shouldn’t be seen as an opportunity to make money, but to provide a quality service, says James Reader.
ABI and DLG welcome young drivers green paper
The Association of British Insurers and Direct Line Group have welcomed the green paper launched by the government at the motor insurance summit meeting which they both attended.
Young driver green paper launched at motor summit
The Department for Transport has launched a green paper in a bid to improve safety and reduce young driver risks and cut insurance costs.