Motor

Folding plug wins Brit design award

British student, Min-Kyu Choi from London, has won the Brit insurance design of the year 2010, for his reinterpretation of the plug, beating over 90 international nominees in the process.

Former Autofocus employee handed suspended sentence

Accident Exchange has landed the latest blow in its legal battle with Autofocus after a former employee of the credit hire reporting company - Helen Whyshall - was handed a suspended 28 day prison sentence for contempt of court.

IAM extends motor offer to 19 year olds

The Institute of Advanced Motorists surety insurance offered to its members via Adelaide Insurance, is to be made available to IAM advanced drivers aged 19 or over driving a low-grouped car.

Allianz sees GI go backwards in Germany

Premium income in property and casualty insurance slipped 1.2 percent, to EUR 9.2bn (EUR 9.3 bn), with prices under pressure all across the market, especially in motor insurance.

Allianz sees GI go backwards in Germany

Premium income in property and casualty insurance slipped 1.2 percent, to EUR 9.2bn (EUR 9.3 bn), with prices under pressure all across the market, especially in motor insurance.

LV to recruit another 75 staff

LV's new 24-hour call centre for motor insurance customers in Hudddersfield may be expanded to household during 2010. The insurer hopes to create up to 75 jobs over the next 18 months following the opening.

Broker Technology - Motor: Making IT accurate

The British Insurance Brokers' Association is urging its members to sign up to DVLA vehicle registration validation technology. Stephanie Denton looks at why 80% of regional brokers don't use it.

Allianz ups motor rates by 24% in 2009

Allianz's UK profit rose 5.2% to £203.7m in 2009 despite a 5.4% fall in gross written premium in its retail division to £579.9m as a result of corrective action on private motor rates, which increased by almost a quarter.

Admiral: no sacred cows

Admiral has admitted there are "no sacred cows" among its burgeoning international operation, but that it remains committed to the loss making insurance businesses for now.

AI Claims wins "significant" intermediary deal

Credit hire firm AI Claims reported revenue increased by 59% to £38.2m (2008: £24.0m) for the six months ended 31 December 2009. Its EBITDA increased by 26% to £1.548m (2008: £1.225m) and adjusted profit before tax increased by 27% to £906k before IFRS 2…

Compare expands to meet demand

Compare the market has expanded with three new appointments, director of insurance partners, director of money and senior manager for life and general insurance.

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