Motor
Markerstudy acquires repair firm
Markerstudy Group has completed the acquisition of Tonbridge Coachworks Vehicle Repair Group
Ex-Tesco head joins Direct Line
Royal Bank of Scotland Insurance has appointed Steve Price as Direct Line motor director.
Admiral & BGL: Motor rates to slow in H2
Motor rates are likely to slow to single digit levels in the second half of the year, according to analysts, as some players “fight back” from market share losses.
Aviva re-enters fleet telematics market
Aviva is re-entering the telematics market seven years after its initial launch of a fleet telematics insurance policy.
Post history - 50 years ago: Insurer move to practice as it preaches
Looking through Post's back catalogue paints a unique picture ofmore than 150 years of insurance news, as this highlight from 50 tears ago reveals.
L&G boosts broker force as motor return mooted
Legal & General has revealed plans to recruit a 15-strong team of regional sales & marketing experts to support brokers and intermediaries "on the ground", as it prepares to diversify into motor, pet and travel. Duncan Finch, L&G's managing director for…
Broker focus - lead generation: follow the leader
Many brokers would not be able to survive without high volumes of lead generation but what form produces the best results? Trevor Cutts assesses the options and factors to consider.
PE-backed firm targets GI with ex-Rias head
Online financial services sales and marketing firm Media Ingenuity is in discussion with insurers to support a push into the general insurance personal lines space. It follows the recruitment of the former head of commercial management at Rias and head…
Auto Restore unveils mobile repair offering
Car repair firm Auto Restore has claimed its new direct mobile repair offering targeted at consumers has the support of two of its key insurer partners — Allianz and Aviva.
Insurers in line for a £4.8bn windfall from referral fees
Motor insurers stand to pocket billions in extra income a year if a recommendation to retain referral fees is acted on, a leading personal injury lawyer has claimed.
Go Compare to study FSA recommendations
Go Compare has backed the Financial Services Authority's latest set of guidelines for aggregators.
Biba backs regulator's guidance for aggregators
The British Insurance Brokers' Association has welcomed the Financial Services Authority proposed guidance for comparison websites, which it said has addressed its own concerns about consumer detriment.
FSA sends warning shot to aggregators
The Financial Services Authority has urged aggregators to “think carefully” about whether they are introducing, arranging or advising customers and to reflect that with a change in permissions if necessary.
LV expands Ipswich operation
LV is creating 50 new jobs as it expands its current operation in Ipswich which deals with car insurance queries.
Insurers in line for a £4.8bn windfall from referral fees - Insurance News Now – 9 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including how motor insurers could pocket billions in extra income a year if a recommendation to retain referral fees is acted on.
Airmic 2011: It is not necessary to increase fleet insurance costs each year, says QBE
“Fleet insurance costs do not need to go up each year – there is another way”, says QBE’s Doug Jenkins.
Garratts lands instructor contract
Insurance broker Garratts has landed a £500 000 contract to provide motor insurance for more than 1000 driving instructors.
RBSI launches Sainsbury's motor offering
Royal Bank of Scotland Insurance has launched its affinity partnership with supermarket Sainsbury's - first revealed by Post in March.
Auto Restore targets consumers in direct offering
Car repair firm Auto Restore is launching a new ‘direct to consumer’ proposition, offering motorists with minor vehicle body damage an alternative to making an insurance claim for their repairs
Property claims: UK businesses have failed to respond to roof collapse threat
The severity of the winter 2010 cold snap exposed a lack of preparedness by UK businesses, according to Huw Chandler, property risk engineering practice leader at XL Insurance.
PSTF: Telematics: caution called for over information overload
Responding to a question from a PSTF advisory board member, Insure the Box founder and joint chief executive Mike Brockman admitted there is a danger of information overload with regards to what telematics can deliver.
Postbox: High fines favoured for uninsured drivers
It was good to read Transport Minister Mike Penning is liaising with the Ministry of Justice in order to discuss the fines for uninsured drivers in last week's edition of Post.
Technology - Mobile apps: The age of the app
App fever is infiltrating every aspect of our lives — and the insurance industry is no exception — but while the benefits a quality app can bring are undeniable, there are a number of pitfalls to avoid, says Ian Singer.
Allianz confident over conversions
Allianz is targeting 200 brokers with its new add-on product, Pro Motor Rescue, predicting a conversion rate of between 15% and 20% on participating brokers' entire motor books.