Motor
Fitch warns Austrian insurers of CEE exposures
The Austria's insurance sector is facing challenges relating to the industry's significant exposure to central and eastern Europe, according to a new report from Fitch Ratings.
LV GI division returns to profit
LV has announced a general insurance profit of £7m despite a wider group loss at the of more than £90m for 2009.
Quinn urges a reopening of UK business after High Court adjournment
The Quinn Group has welcomed the adjournment of the High Court hearing today which may have put its insurance business into full administration.
Kwik Fit bests company sales records
Kwik Fit Financial Services has announced record breaking single-day sales across all three of its group companies.
Equity seals Kia affinity deal
Kia Motors UK has appointed Equity Direct Broking to administer its car insurance scheme. The three-year deal will see Equity providing branded policies through Kia’s network of 150 UK dealerships.
Arista names new senior underwriter
Arista Insurance has named former NIG key account manager Gavin Benson as a new Birmingham-based senior underwriter.
Aviva outlines Asian direct motor plan
Aviva has outlined plans for its re-entry Singapore’s general insurance market and stated its intent on rolling out the business in key markets in Asia.
DAS unveils new post-MoJ ATE insurance scheme
DAS’ after the event legal insurance arm 80e has unveiled a new version of its ATE scheme incorporating provisions for the new Ministry of Justice road traffic accident personal injury claims protocol.
Swiftcover to create 350 new jobs
Online motor insurer Swiftcover is building a new multi-million pound operations centre in Stockton, Teesside, bringing an expected 350 extra jobs to the area over the next three years.
Groupama and Riskstop in one stop risk management service for SMEs
Groupama Insurances has appointed risk management survey provider, Riskstop to provide their commercial policyholders with an end to end risk management solution - from initial risk management surveys through to ensuring the requirements identified are…
Arc adds cloning cover to motor product
Arc Legal Assistance has added a new vehicle identity theft cover to its motor legal protection product.
Cash for crash ring brought to justice
Following a detailed fraud investigation by Merseyside police's crime operations unit, 25 defendants have received sentences ranging from imprisonment to community orders.
Expert witness application struck out but referred to Supreme Court
Jones v Kaney (Queen's Bench Division — 21 January 2010)
Appeal dismissed over high-speed crash in icy conditions
West Sussex County Council v Russell (Court of Appeal — 12 February 2010)
Editor's comment: Can the gap be filled?
A week on and the dust has yet to settle around the future of Quinn Insurance, both in the UK and Ireland.
E-certificates put on a par with paper
The insurance industry has welcomed the introduction of regulation giving electronic motor insurance policies legal parity with paper policies.
Growth plan at Brightside
Brightside has targeted 20% growth in 2010 after posting a record revenue of £44.7m for 2009. Overall revenue increased by 35% (2008: £33.2m).
Drivers may pay the price
Niche areas within motor insurance such as cover designed specifically for young drivers could see rate increases of up to 20% after Quinn Insurance was ordered to cease underwriting in the UK, according to motor brokers.
Outsourcing giant Capita set to take on travel insurance
Capita Insurance Services has revealed plans to enter the travel insurance sector before the end of the year.
Home Office continues AVICS support
The Home Office has announced its continued support of the ACPO Vehicle Crime Intelligence Service, a unit dedicated to reducing vehicle-enabled crime.
Flux predicts U-25s motor premium hike of 20% amid Quinn fallout
Young drivers could suffer a 20% insurance hike as a result of Quinn Insurance going into administration, according to specialist insurance provider Adrian Flux.
Biba “delighted” at e-certificates announcement
The British Insurance Brokers’ Association said it is delighted that following years of negotiation with the Department for Transport, that the legislative changes which enable the electronic delivery of motor insurance certificates to customers are…
Giles to make first Lloyd's acquisition
Giles Insurance Brokers is in negotiations with Cooper Gay to acquire its FSJ business unit, Post has learnt.
FSA "working closely" with Irish regulator over Quinn
The UK's Financial Services Authority has said it is working with its Irish equivalent over the issue of Quinn Insurance.