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Motor

RSA "ahead of curve" with cuts

RSA UK chief executive Adrian Brown has said the insurer's swingeing job cuts last year meant it was "ahead of the curve" in responding to the tough economic conditions.

Octagon offers van cover

Octagon Insurance has launched a van policy that will be sold via price comparison site Go Compare.

Axa UK motor book grows 31%

Axa has reported that property & casualty revenues were stable at $9.24bn (£7.83bn) compared to the first quarter of 2009 ($9.1bn).

Claims Club News: RTA portal needs revamp

The road traffic accident portal, which went live last week, will need to be refreshed as early as the summer according to Fraser Fundell, chief executive of IDSL, the firm commissioned to manage the technology.

Marsh backs personal injury reforms

Organisations could potentially reduce their claims costs and motor fleet insurance premiums by adhering to the Road Traffic Act’s new personal injury claims process, which was introduced in England and Wales on 30 April, Marsh has said.

View from the top: Last of the icy conditions?

It's been a hard winter for many — but particularly for insurers. Claims losses have been rising for several years and the recession isn't helping either. CIFAS, the UK fraud prevention service, says that 2009 saw a 55% increase in false insurance claims.

Kwik Fit's Meechan joins Tesco

Kwik Fit Financial Services insurance development director Gerry Meechan is set to join Tesco as part of its new general insurance structure, Post has learnt.

Quinn UK motor volumes slashed

Quinn Insurance has acknowledged its re-entry into the UK motor market will see it writing much lower volumes of business.

Fortis outlines readiness for MoJ RTA reforms

Fortis today claimed that it is one of the first insurers to have implemented an ‘application to application’ approach ahead of the reforms to streamline the compensation system for low cost road traffic accident personal injury claims, launching on…

Seeing double

It has been claimed overlapping during vehicle hire could be costing the insurance industry millions of pounds. Edward Murray investigates the how much of an issue this really is.

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