Motor
Frontline outlines plans to boost Budget Insurance business
BGL Group-business unit Frontline has unveiled plans to double the size of insurance brand Budget in the next five years.
Competition Commission investigation unlikely to affect motor premiums
The Competition Commission’s investigation into the motor insurance market is likely to do no more than cause reputation damage, Standard & Poor's has predicted.
Auto Restore acquires competitor
Auto Restore has acquired Midlands-based ADR Accident Repair Centre Group including its 11 bodyshops.
Igo4 pairs with Wunelli for telematics solution
Online broker Igo4 has signed a deal to pair with data provider Wunelli in its new telematics offering, WiseDriving.
Aviva launches updated behavioural driving app
Following its launch in August, Aviva has moved to improve its telematics app, and now says the software could save drivers up to 20%.
Insurecom inks Purely distribution deal
Software house Insurecom has completed a deal to become the first distributor of revived insurer Purely Motor's private car and commercial vehicle products.
United India may shed loss making lines
Stemming underwriting losses will be Milind Kharat's first task as the head of public Indian insurer United India Insurance Company, the new chairman has said.
Insurers likely to back scrapping of motor insurance certificates
The insurance industry is likely to respond positively to the Department for Transport's proposal to eliminate motor insurance certificates.
Mass backs "astonishing" 'crash for cash' report
The report from the Insurance Fraud Bureau said that 'crash for cash' schemes cost insurers almost £400m a year, while one in seven personal injury claims are linked to such scams.
'Crash for crash' gangs increasingly target rural drivers
Rural insurer NFU Mutual has warned that motorists in rural communities are increasingly becoming targets for 'crash for cash' fraudsters.
'Crash for cash' costs policyholders £400m each year
One in 12 people would consider taking part in a 'crash for cash' scam, costing policyholders almost £400m each year, according to a report published today by the Insurance Fraud Bureau.
Credit hirers to access insurance database under GTA portal plans
Credit hirers could be given access to the Motor Insurance Database under plans to create a portal for third-party vehicle replacement services.
Blink launches Purely revival
Motor facility Purely Motor has relaunched after its former partner and broker distribution specialist Blink Intermediary Solutions acquired the rights.
MoJ proposes fixed recoverable costs for portal claims
Road traffic accident claims worth up to £10 000 will qualify for fixed recoverable costs of £500 under Ministry of Justice proposals for cutting legal costs for claims that fall within its RTA portal.
Apil challenges MoJ portal plans
The Association of Personal Injury Lawyers has started a process that could lead to a judicial review into planned reforms of the Road Traffic Accident Portal.
Greek Motor Guarentee Fund levy increases may see insurers withdraw from market
Insurers doing a small amount of Greek motor third party liability may withdraw from the market after the government passed a law to make changed to the Greek Motor Guarantee Fund.
Is a hard market dawning in Germany?
With the Eurozone crisis, impending Solvency II regulations, and deteriorating loss ratios in certain lines, Francesca Nyman asked German insurers whether the market will harden in the next 12 months.
Autonet to implement Experian credit check software
Van insurance broker Autonet is in the closing stages of finalising a deal with Experian to introduce a new credit check software to aid premium pricing and an instalment payment plan for their customers.
Germany sees premium growth but motor still loss making
German insurers are expected to reap a 1.5% rise in premiums to €180.7bn this year, the head of the industry trade body GDV said on Wednesday.
Gender directive to price 25% of women off the road
Female drivers could be forced off the road when the new European gender ruling comes into force 21 December 2012.
Editor's comment: Harmony at last? Maybe not...
Last week was busy for insurers at Parliament. First, something unusual happened in Westminster's corridors of power that could spell good news for the insurance industry.
Government launches consultation to use MID as insurance evidence
Drivers could benefit from less motor insurance red tape after a government consultation to scrap the legal requirement to issue paper-based certificates was launched today.
Delhi drivers to face emissions-linked insurance
Motor insurance in India may soon be linked to a vehicle's emissions as part of new regulations aimed at cutting pollution in Delhi.
Kwik-Fit Insurance launches insurance product for learner drivers
Kwik-Fit Insurance has launched a motor insurance product aimed at drivers on a provisional licence.