Motor
Post history - 50 years ago: Uninsured drivers age-old problem
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 50 years ago reveals.
North of the Border: judicial awards in fatal claims
After six months of consistently increased Scottish civil jury damages awards for fatalities, Bellingham & Others v James Todd has now demonstrated the prospective impact on judicial awards.
Ageas to hike household rates to emulate motor
Ageas is set to continue hiking rates on its household insurance, on top of the 10% it has already pushed through in the first quarter of 2011, in a bid to replicate the improved combined ratio already seen in its UK private motor performance.
Junction sees huge boost after B&B buy
A year after its acquisition of Bradford & Bingley's motor and home insurance business, Junction claims to have boosted new home policies by 200%, increased sales on its smaller motor book by 1000% and improved renewal rates by 25%. The firm has now…
Transatlantic to launch UK personal lines brand
Transatlantic Re is set to launch a new UK personal lines general insurance venture, as the US giant looks to capitalise on hardening premium rates in the motor market.
Fish eyes boutique growth after ex-Lockton partner hire
Private equity-backed broker Fish Insurance is set to make a play for boutique commercial insurance, following the hire of a former Lockton partner to spearhead a new division.
Editor's comment: Still after a piece of the motor market action
Despite the horrendous combined operating ratios and losses that have piled up in the UK personal lines motor market in recent years, it still holds a fascination for many.
Bike aggregator expands in specialist motor niches
The new owner of The Bike Insurer is poised to expand into the specialist lines of caravan and classic car cover, with discussions underway with up to eight providers.
Ford tackles credit hire fees with claims service
Car manufacturing giant Ford is to launch a dedicated 'credit hire free' accident management arm for its customers in a bid to help eradicate personal injury claims inflation.
Former HSBC boss returns with new motor start-up
Martyn Capewell, the former chief executive of HSBC Insurance, is set to return with a new venture, in a further sign of a resurgence in the intermediated motor market.
Transatlantic to launch UK personal lines brand - Insurance News Now – 26 May 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories that include how Transatlantic Re is poised to launch a new UK personal lines general insurance venture to capitalise on hardening premium rates in the motor market.
Thatcham heralds 'giant step forward' in battle against whiplash claims
New safety systems being fitted to British cars are set to save insurers a fortune in personal injury payouts - including whiplash, it has been claimed.
Uninsured driving adverts hailed by MPs and industry
MPs and industry figures have welcomed a new television campaign to remind people of the dangers of uninsured driving.
Direct Line hails death of the aggregator
Responding to an investigation from consumer magazine Which? that claims aggregators display a lack of transparency to the consumer Direct Line has said that providers in this space “are not always what they seem”.
Chaucer bolstered by rate rises across UK and energy portfolios
Chaucer this morning reported gross written premium income of £274.1m for the first quarter of 2011 (2010 Q1: £250.1m).
UK hailed as whiplash capital of Europe
The Association of British Insurers has today called for a clampdown on the UK’s "pain in the neck culture" that it says has made the UK the whiplash capital of Europe.
Affinity partnerships: Perfect service
What makes a truly successful affinity partnership? Mike Caidan looks at how this market is changing, demands are rising and discusses how proactivity, innovation and flexibility are vital.
Perseverance prepares to exit UK insurance market
Perseverance, the Gibraltar-based former owner of KGM, is set to dispose of one of its remaining assets in the UK insurance market, Post understands, following negotiations to sell its stake in One Answer Network.
Allianz front-end fraud focus helps save £50m
Allianz Insurance is on track to identify £50m of insurance fraud in 2011, according to UK chief executive Andrew Torrance — boosted by work undertaken by the insurer in private car application fraud.
Aviva to attack motor with online-only brand
Aviva is gearing up to challenge multi-brand motor insurance giants Royal Bank of Scotland Insurance and Admiral on the aggregators with the launch of a new internet-only brand.
Validus investigation unit spots £1m of fraud in first two months
A new claims investigation unit set up by Validus has found nearly £1m of suspicious motor claims for insurance clients in its first two months of operation.
Europ Assistance unveils new management team
Europ Assistance has completed a shake-up of its UK senior management team with the appointment of Peter Dingle as commercial director.
Half a million male motorists admit point swapping
More than 500 000 male motorists have admitted to passing driving penalty points onto their loved ones, research by Direct Line has revealed.
PPI complaints more than double to 51%
The Financial Ombudsman Service annual review has revealed that 51% of new cases were about the sale of payment protection insurance with the number more than doubling to 104 597 - the highest number ever received in a year about a single financial…