Motor
Government rules out legal curfew for young drivers
The government has dashed insurer hopes of legal intervention to curtail and curfew young drivers.
In Series On Data: A rounded opinion
While full credit data is not available for insurers to use for underwriting, are they missing a trick not using it for credit assessment?
The Co-operative and Zurich keen to move on PM motor premium initiatives
The Co-operative is hopeful the insurance summit with Prime Minister David Cameron will lead to stamping out fraudulent personal injury claims while continuing to settle genuine ones.
Bennetts urges bikers to sign petition calling for driving test change
Bike insurance specialist Bennetts are hoping to secure 100 000 signatures toward a petition which bosses at the firm hope will persuade the government to include bike-related questions in the UK driving test.
Inter Resolve boss points to mediation as answer to legal cost cutting
Mediation is the key component in the battle to bring down legal costs in personal injury claims.
Direct Line boss praises PM motor premiums meeting
Direct Line chief executive Paul Geddes hailed last night’s meeting with Prime Minister David Cameron as a “step in the right direction”.
Axa’s Evans says David Cameron meeting ‘a great day for motorists’
Axa UK boss Paul Evan has described the insurers’ meeting with Prime Minister David Cameron as “a great day for motorists”.
Law firm accuses PM motor premium war of limiting access to justice
Spencers Solicitors fears the Prime Minister's approach to tackling the rising cost of motor insurance will "chip away at the public's right to justice under the law".
Young Marmalade answers young driver premium problem
Specialist young driver insurer Young Marmalade has shown its scheme can reduce premiums for young drivers.
ABI to highlight insurer cost pressures at PM meeting
The Association of British Insurers has welcomed the chance to tell Prime Minister David Cameron "the unacceptable cost pressures" insurers face at the Downing Street meeting this evening.
PM to promise action on insurance prices
The Prime Minister will meet with the insurance industry, consumer and business groups today to discuss rising premiums.
CIRC urges Chinese motor insurers to improve claims practices
Motor insurers in China have been given three years to improve their claims management practices by the regulator CIRC.
To ‘E’ or not to ‘E’ – that is the question?
As the European insurance industry slowly starts to emulate the UK and adopt e-trading, Simon Ronaldson asks how European insurers can learn from the experience of their more mature counterparts.
Countdown to EIS: Q&A with panel member Jose Manuel Dias da Fonseca
Josè Manuel Dias da Fonseca is chairman of Brokers Link and president of MDS Portugal and Brazil and will be taking part in a panel debate on the varying role of the broker across Europe at Insurance Strategy Europe taking place in Brussels on Wednesday…
RSA disappointed in lack of clarity for RTA portal extension
Neil Lightbown, RSA's underwriting director for the UK and Western Europe, said however that it is a "step in the right direction".
AA Insurance launches tech-based policy for young drivers
AA Insurance has become the latest firm to "turn to technology" having launched its new 'pay how you drive' policy AA Drivesafe.
ABI backs RTA portal extension
The Association of British Insurers has welcomed the government announcement to extend the claims limit for settling personal injury motor claims from £10 000 to £25 000.
Government announces RTA portal extension
The Road Traffic Accident portal for motor personal injury claims will be extended to include claims worth up to £25 000 and, for the first time, employers’ and public liability claims.
Autofocus Legal Action: Rival CHOs line up to take on insurers as Autofocus employees face prison
Long-running legal battle could bring the credit hire industry and the insurance industry closer together
Roundtable: Turning the focus onto casualty fraud
While the motor sector has tended to grab the headlines, fraud is on the rise in other areas too. Post gathered together a number of industry experts to debate how the profile of this issue in the casualty sector can be raised
Employers’ liability: A fund of last resort
The need for a fund of last resort for employers’ liability claims still divides the insurance community. While plans to create an Employers’ Liability Insurance Bureau have stalled, it still has supporters who are determined to see these proposals come…
Insurers rally to hail their technologies as Avantia claims flood risk first
The competition to get the upper hand in the use of sophisticated data to underwrite flood-prone properties has already started, as it seems increasingly unlikely the Statement of Principles will be renewed beyond June 2013.
In Series On Data: Insurers putting policyholder data on a diet
In a competitive market, validation is key to making data leaner and more reliable — but can it level the playing field for brokers, as well as insurers?
Mapfre reports 15.5% premium growth for 2011
Spanish insurer Mapfre reported a 15.5% growth in premiums to €19,600.2m in its full year 2011 results released today.