Motor

Broker Igo4 sells minority stake to Dutch investor

Igo4, the personal lines broker founded in 2007 by former BGL directors Matt Munro and Tom Cooper (pictured), has agreed an investment deal with IVM Intersurer BV, a Dutch holding company that specialises in investing in insurance related businesses.

Avertis appoints police to analyst group

RISK solutions and asset recovery company Avertis has appointed nine case managers from specialist police investigation teams to join its network of analysts and field investigators.

AA price index shows car premiums still rising

The AA’s British Insurance Premium Index shows that over the last three months of 2010, car insurance premiums jumped by a further 6.4% - adding £51 to the cost that drivers typically pay for an annual comprehensive car insurance policy

Adrian Flux to offer 24/7 claims service

ULR Additions has entered an agreement with Adrian Flux Insurance Services to provide the Norfolk-based insurance broker with 24 hours a day, seven days a week claims handling services.

Swiftcover backs ABI motor research

Swiftcover said it has backed the Association of British Insurers call for better access to information in the battle to keep motor premiums down.

Editor's comment: A whimper not a bang

Given that last week saw the government's transport select committee reconvene to discuss the thorny issue of rising motor premiums, it was somewhat bad timing — as far as the industry is concerned — that the Office of Fair Trading also emerged with…

Groupama u-turn over Liverpool office closure

Groupama is set to transfer the Liverpool and Glasgow-based commercial motor accounts of broker Choice Quote to its sister business Bollington, as part of a restructure of its GUK Broking Services arm.

Staysure to double headcount in push

Over-50s insurance provider Staysure plans to more than quadruple the premium of its newly launched motor and home products to £5m and double its headcount to 90.

Penny Black's insurance week

Maggie Craig is clearly considered a safe pair of hands by her colleagues at the Association of British Insurers, as she is currently seven months into her second tenure as acting director general.

View from the top: An historically good idea

With the private motor market effectively commoditised, now the spotlight for personal lines insurers is on the perceived El Dorado of the online SME market. We can be sure that a VW Golf that is built in Germany, China or Indonesia is of virtually…

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