Motor
'Fully-valued' RSA on course for 95% COR
A poor claims experience on RSA's Motability book will see the insurer pushing for "significant rate increases" as it renegotiates the three-year contract this year.
New CPR will benefit insurers
The Civil Procedures Rules update announced by the Ministry of Justice will provide “massive savings” for insurers, according to the Motor Accident Solicitors Society.
Markerstudy backs HNW start-up
Markerstudy is backing a new motor high-net-worth managing general agent by providing 100% of its capacity as well as a bespoke claims service, and logistical and advisory support.
TCW Vehicle Repairs rebrands and makes two senior appointments
Markerstudy’s subsidiary TCW Vehicle Repair Group has rebranded as TWC Group and appointed new senior management team.
Wunelli and EE join forces to deliver driving scores to insurers
Telematics provider Wunelli has joined forces with communication giant EE to develop mobile-to-mobile network communications to deliver vehicle driving and usage patterns to insurers.
View from the top: Fighting our corner
The industry must draw more attention to its positive achievements in light of bad press, says Andy Watson, chief executive, Ageas UK.
Drive Assist collapse threatens bodyshops
The National Association of Bodyshops is threatening legal action against Drive Assist’s administrators, after claiming the credit hire firm left 15% of NAB members “at risk” of running into cash flow difficulties after it entered liquidation.
Aviva calls for third-party ban in motor claims process
Aviva has launched a fresh attack on personal injury law firms, which it accuses of adding £1.5bn – or £118 per motor premium – in unnecessary costs to the motor insurance claims process.
Your say: Argent remains unchanged
I would like to clarify a reference towards the bottom of your story, under the sub-heading of ‘Argent set for rebrand’. You suggest that the Argent Liability Adjusters and Argent Property Adjusters brands are to be grouped under a new Parabis Claims…
Motor Claims 2013: Panellists at loggerheads over credibility of medical evidence
Aviva claims director Dominic Clayden has questioned whether medical evidence is required in all low level whiplash claims, after expressing disillusionment with the current system.
Motor Claims 2013: Dalton calls on industry support for road safety scheme
The Association of British Insurers is urging industry players to support calls for the implementation of guidelines demanding tighter controls on young drivers, both prior and after passing their test.
Post magazine – 14 February 2013
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Green Flag catches investors' eye
The appeal to investors of breakdown business Green Flag could provide its parent company Direct Line Group with "significant future flexibility" according to Investec Securities.
Pothole claims double in January
The number of insurance claims for pothole-related damage to cars more than doubled in January to 1000, compared with the same month last year, according to estimations by AA Insurance.
French consumers least likely to go online for insurance purchases
Online comparison sites are the fastest growing distribution channel for motor and household insurance in Europe, according to Finaccord.
Brightside rebrands as One Insurance Solution
Insurance broker Brightside Group has amalgamated a number of brands under the name One Insurance Solution.
Insurers seek investigation into comparison site clauses
Motor insurers have pleaded with the Competition Commission to perform a U-turn and investigate the use of ‘most favoured nation' and ‘best price' clauses by aggregators – an omission that has been labelled "beyond belief" by one player.
Editor's comment: The no competition commission
You learn something new every day, or so the saying goes. Well I certainly learnt something new this week, along with several PRs — judging from the responses I got.
Confusion over Autofocus retrials
Solicitors have called for clarity over settled Autofocus claims after the Court of Appeal found cases that relied on dishonest evidence provided by Autofocus should be retried.
Politicians seek MoJ talks after insurers warn portal delay could hit consumers
Insurers have warned politicians any delay in extending the remit of the Road Traffic Accident Portal could see consumers picking up the bulk of an expected multi-million pound bill.
Penny speed meets... Ian Pritchard, motor development underwriter, Groupama Insurances
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Carrot targets young drivers with cash reward telematics plan
Insurance provider Carrot is to launch a plan that will see young drivers offered cash rewards for driving safely, with premiums adjusted at the end of each policy year.
Elite to refer Sabre to FSA over 'dirty tricks' letter campaign
After the event insurer Elite has confirmed it will be referring motor insurer Sabre to the regulator over what it describes as a “dirty tricks campaign” to convince claimants to cancel ATE policies.
Vamco claims outsourced motor ‘first' as it gains ABS approval
Outsourced motor insurance claims specialist Vamco has been granted approval to operate its own in-house law firm.