Motor
Motor Claims 2013: Canada PI fee cap could be emulated
Canada may hold the key to regulatory reform of personal injury motor claims, according to Enterprise liability claims and risk manager Nigel Goodall.
Motor Clams 2013: Motor repair model could face CC ban
Insurers must prepare for the possibility of a Competition Commission ban on the approved motor repair model, according to Parabis sales and marketing director Eddie Longworth.
Birmingham top motor fraud spot for 4th year
Birmingham has been named the UK’s top motor fraud location for the fourth consecutive year in Keoghs' annual motor fraud index.
RSA's Brown: Commercial lines needs double-digit rate strength
RSA's chief executive of UK & Western Europe Adrian Brown has claimed the UK commercial market is "broadly underpriced by 10% to 15%".
Tesco Underwriting COR fails to drop below 100%
Tesco Underwriting’s combined operating ratio has remained above 100% despite seeing net profit rise in line with where it should be, according to Ageas chief executive Andy Watson.
RSA's UK profit falls 37% as commercial losses take toll
RSA blamed adverse weather in the first half of 2012 and a weak marine and commercial liability performance on UK underwriting profit tumbling to £39m (2011: £62m) while the combined ratio was 98.2% (2011: 97.3%).
Equity adds Dacia to partnerships roster
Equity’s affinity arm has struck a three year deal to offer insurance to purchases of all new Dacia cars.
Autoglass calls for windscreen standards after fears insurers are cutting corners
Insurers may be awarding windscreen replacement jobs to technicians who lack the proper skills or use inferior materials in order to cut costs, according to Autoglass.
Co-op criticises subrogated model
Co-operative Insurance Services has criticised the subrogated claims model used by RSA, despite having a bilateral agreement with the insurer in place since last July (www.postonline.co.uk/2188179).
Citroen becomes first car manufacturer to fit 'black box' technology as standard
Citroen has become the first car manufacturer to fit telematics technology as standard in a bid to make new car ownership “more affordable” for young drivers.
SSL unveils cost cutting plans for third party collision claims
Specialist loss adjuster SSL Claims has launched a new service to adjust third-party motor collision claims.
Midas launches non-standard personal motor products
Midas Underwriting has lifted the curtain on two new non-standard personal motor products aimed as performance cars and classic sports cars.
Axa Assistance and the Co-operative strike motor breakdown deal
Axa Assistance and the Co-operative Insurance have signed a new deal extending their motor breakdown and accident assistance scheme, on their 25th trading anniversary.
'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.