Motor
Claims leakage approach sees a seven-to-one ROI
Martin Ashfield, head of commercial property claims at Axa Insurance, attributed the end of its historical "master-servant" relationship with suppliers to its investment in a consistent rules-based approach to claims leakage. Citing a seven-to-one return…
Post history - 50 years ago: RAC backs bad driver punishment
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.
Interview – Peter Halpin: keeping Swinton on the acquisition track
Swinton CEO Peter Halpin had a lot to live up to - following, as he did, in Patrick Smith’s footsteps. He talks to Leigh Jackson about taking the company forward and continuing its impressive acquisition record.
Climate change – are insurers getting behind their own green policies?
With the general public becoming ‘bored’ by environmental issues, Veronica Cowan asks if insurers are really getting behind their own green policies.
Acquisition-hungry Swinton spells out 2011 buy strategy
High street broker Swinton is targeting at least 25 acquisitions in 2011, after completing five such deals so far this year.
Amlin blames earthquakes for £250m drop in profit
Amlin will monitor rate increases in earthquake zones in 2011, after blaming significant catastrophe activity for a £250m drop in profit for 2010.
Aviva gears up for telematics return as motor rates rise
Aviva has mooted reintroducing telematics technology for private cars during 2011, according to UK chief executive Mark Hodges.
View from the top: an updating challenge
Well, spring has sprung and yet, with the exception of the personal lines motor market, there is still no sign of any rate-hardening green shoots.
Editor’s comment: two new faces to watch
With Google this week snapping up beat that Quote for a little under £40m, and web design firm Vast Visibility simultaneously buying two specialist bike and van price comparison sites, aggregators are very much the insurance ‘buy du jour’.
Web design firm buys motor comparison sites
Insurance comparison site The Bike Insurer has been acquired by web design firm Vast Visibility, Post has learnt.
Aviva takes minority stake in rehabilitation firm HCML
Aviva Health UK has made a “significant” investment to secure a minority shareholding in rehabilitation firm HCML.
Lords accuse gender ruling of "preventing true equality"
Members of the House of Lords have criticised the European Court of Justice ruling on gender discrimination in insurance policies and annuities.
Facebook reveals insurance fraud
Axa investigators have uncovered a car insurance fraud in Wirral after discovering the two conspirators were Facebook friends.
Interview - Jason Stockwood: A match made in heaven
Moving from the online dating world to insurance broking seems an unusual step. Jason Stockwood explains to Daniel Dunkley what he can bring to the sector.
RSA hires Coffey for personal lines restructure
RSA has appointed Mark Coffey as trading director, personal lines broker, with effect from 1 April.
MMA selects motor claims solution
MMA Insurance has selected ISO Claims Outcome Advisor for the company’s motor insurance claims.
Post Europe March: Exclusive protective cell content now live
Post Europe March is now live with a look how changes to the regulatory environment are affecting protective cell companies; the focus that insurance in high net worth is receiving; the increasing motor fraud trends in Eastern Europe; and an interview…
Post Europe: Motor fraud – Balkan Peninsula
Crash for cash scandals have hit the headlines in the UK and, while the trend has reached Eastern Europe, Sam Barrett reports that counter fraud strategies are not yet able to beat the problem.
Collingwood announces COO departure
Collingwood has announced the departure of COO Andrew Stone.
Collingwood announces COO departure
Collingwood has announced the departure of COO Andrew Stone.
Aviva UK GI profit improves to £579m
Aviva’s UK general insurance and health business reported £4.54bn in net written premium in 2010 (2009: £4.30bn) and an operating profit of £579m (2009: £535m).
Interview – Simon Douglas: the attraction of AA Insurance
Simon Douglas, director of AA insurance, previously worked in the life & pensions and private medical markets. He talks to Mairi Macdonald about what attracted him to the debt-laden business and the challenges it faces.
AA sets out strategy for push into commercial market
AA Insurance is gearing up to expand its commercial insurance offering by tapping into the group's customer base across its many different trading channels.
Allianz: double-digit rate rises needed
Allianz is set to apply rate increases of up to 10% on its commercial and retail books to return to profitability.