Motor
Postbox: Fines are just one tool for CIE
I note with interest Mike Eve's letter in Post referring to the level of penalty under the Continuous Insurance Enforcement process being "far too low"
Motor and home claim costs reach £1.4bn after freeze
Total costs for motor and home claims reached £1.4bn between during 24 November to 31 December 2010, as the big freeze swept across the UK, figures released by the Association of British Insurers have revealed.
Mobile technology - Brokers: How can technology benefit the way brokers do business
With more advanced smartphones and tablet computers, Rachel Gordon asks if mobile technology is merely the latest passing fad, or the shape of the future for the broking community.
Zurich seeks to reduce fleet claims through deal
Global driver-safety firm Greenroad has signed a deal with Zurich fleet client Iron Mountain to roll out its service across the UK.
Insurer scoffs at ABI gender ruling warning – Insurance News Now – 10 February 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories, including the refusal of specialist female insurer Shelia’s Wheels to accept the Association of British Insurers’ suggestion that it could potentially have to re…
Recession causes decrease in car sales in European countries
New research from Finaccord, a market research consultancy specialising in financial services, casts light on dynamics in the market for automotive finance and leasing for consumers in Europe.
Recession causes decrease in car sales in European countries
New research from Finaccord, a market research consultancy specialising in financial services, casts light on dynamics in the market for automotive finance and leasing for consumers in Europe.
ABI: winter freeze cost insurers £1.4bn
The ABI has stated that total costs for motor and home claims reached £1.4bn during 24 November to 31 December 2010, as the “big freeze” swept across the UK.
ABI warns members to prepare for EU gender ruling
In a letter sent by the Association of British Insurers to board members, acting director general Maggie Craig, has advised members to make the necessary preparations for a judgment by the European Court of Justice that as a general principle differences…
AVCIS reaches £4m recovery milestone with South African haul
Following the recovery of 18 high-value stolen vehicles from South Africa, the UK’s vehicle crime unit has announced that it has recovered vehicles valued in excess of £4 million during the past four months.
New partners join DWF’s insurance team
DWF has appointed two new partners, Ashley Mahon and Joseph Arazi, to its insurance team.
Triumph stays with Equity Direct
Following a tender process Equity Direct Broking Limited said it has retained its affinity partnership with Triumph Motorcycles.
Willis and Atlas join forces in PCC first
The Global Captive Practice of Willis Group Holdings and Atlas Insurance PCC (Protected Cell Company), have become the first in the insurance industry to use PCC technology to underwrite UK statutory motor liability from Malta.
Law report: Defendant's negligence did not play causative role in camera accident
This law report has been contributed by national law firm Berrymans Lace Mawer.
Motor Claims 2011: Adapting to change in the motor market
With the insurance industry suffering from reviews, increased legislation and the need for additional transparency, Brendan Keane looks at how the motor market can adapt and change to keep one step ahead.
Quinn signs up to ABI's GTA agreement
Quinn Insurance has signed up to the Association of British Insurers' general terms of agreement between insurers and credit hire operators.
Law report: Extent of highway duty needs parliamentary qualification
This law report has been contributed by national law firm Berrymans Lace Mawer.
Horwich Farrelly wins credit hire case
Insurance litigation firm, Horwich Farrelly has won a case against unenforceable credit hire agreements.
Accident Exchange extends credit agreement with Morgan Stanley
Accident Exchange has reduced its debt liability by £50m in a deal wthat it claims provides a significant financial footing for the business.
Allianz teams up with Mercedes GP Petronas Formula One team
Allianz said the partnership underlines its commitment to road safety, Formula One and the automotive industry.
Allianz Commercial gains presence in North-east with Newcastle office
Allianz Commercial has opened an office in Newcastle.
Hastings gains four star rating
Hastings Direct has been awarded an additional star by Defaqto for its car insurance products.
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.
RBS Insurance targets direct HNW market with ‘Select’ launch
Royal Bank of Scotland Insurance has launched into the mid and high-net-worth spaces with a single product/ multi-cover offering, which it plans to sell both direct in-house and through affinity partners.