Motor
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Axa Assistance wins Hastings deal
Axa Assistance has signed a five-year deal to provide motor assistance and specialist insurance covers to Hastings Insurance Services.
Claims - Big freeze: Winter of discontent
The big freeze of late 2010 led to widespread criticism of adjusters and insurers — but have lessons been learnt for the future?
Penny Black’s insurance week
Penny is rather partial to a good Christmas song to get her in the festive spirit but she does prefer the classics to be sung by the experts.
No widescale rate hardening at 1/1 renewals
The 1 January reinsurance renewal season has seen large rate increases in catastrophe-exposed and loss-affected contracts, but there has not been wide market hardening.
F1 star appointed non-exec director at Ellis Clowes
International motor sport broker Ellis Clowes & Company has today revealed a boardroom reshuffle which will see former Formula One driver and TV pundit Mark Blundell take up the role of non-executive director at the firm.
Auto Restore to expand in 2012
Auto Restore is predicting further growth in the motor repair sector for 2012 following what it claims was a record year in 2011 which saw growth up 12% on 2010.
Axa warns of Christmas motor fraud
Axa has claimed December prompts huge jumps in fire and theft motor claims as one in ten consider defrauding their insurer to ease the financial pressures of Christmas.
Equity Red Star names Dodd for fleet
Equity Red Star has appointed Andrew Dodd as its new motor fleet class underwriter, charged with growing key accounts.
Zurich puts low cost motor cover online
Zurich has launched a branded online motor insurance product to be sold direct and through price comparison website Confused.
Insurers warn of Christmas car crashes
According to Axa there has been a 45% rise in accidents between 20 and 24 December over the past two years compared with the rest of December, meaning up to 56 000 drivers could be involved in a collision during this period.
18 December: Posing peacock
Peacocks aren’t considered a traditional family pet, but one family couldn’t imagine life without theirs until one afternoon…
Motor insurers challenged to ditch mainstream methods for competitive advantage
Motor insurers must challenge mainstream thinking and draw from experiences in other industries if they are to truly gain competitive advantage over their peers according to a report out today.
Your say: Nothing left to fight for
Following the recent credit hire case of Darren Bent, and the alleged fraudulent activity of Autofocus, isn’t it time for all insurers to fully embrace the general terms of agreement protocol?
Editor's comment: The winds of change
And so we end 2011 in a similar vein to December 2010, with loss adjusters doubling staff numbers, ramping up resources and putting into play their surge plans as severe weather conditions batter the UK.
LV GI boss O’Roarke and management team extend contract until 2016 with new deals
LV general insurance managing director John O’Roarke, is targeting an increase in SME and home insurance business having put pen to paper on a new four-year deal at the firm.
News analysis: Application fraud to top the agenda for motor insurers in 2012
The New Year’s resolution for many motor insurers is to tackle application fraud with the same force they have brought to bear on crash-for-cash fraudsters. “Staged motor accidents remain the top priority, but application fraud comes second,” according…
Fleet risk management: Risk on the roads
With government statistics showing a 7% annual increase in road accident fatalities during Spring 2011, should brokers be working harder on fleet risk management?
Review of the year - General insurance: Regulatory dramas
2011, a year dominated by regulatory and legislative change, could yet prove to be a landmark 12 months for the insurance industry.
Interview - Edward Fitzmaurice: Broking promises
With Hastings Direct on the cusp of becoming a top five broker and securing its one millionth customer, 2012 could be a landmark year for chief executive Edward Fitzmaurice
Credit hirers worry OFT review is unfair
The Credit Hire Organisation said it feared the OFT’s review of credit hire costs might not reach a full and fair set of valid conclusions.
Ajag wanted OFT to go further
Compensation claimants’ body the Access to Justice Action Group has said the OFT review into the cost of car insurance does not go far enough.
LMA welcomes OFT claims cost review
The London Market Association has welcomed the Office of Fair Trading’s decision to examine personal motor claims costs.
ABI says OFT could cut claims costs
The Association of British Insurers claims the Office of Fair Trading investigation into motor claims is an opportunity to improve the personal injury compensation system.