Motor
Be Wiser promotes Sharon Beckett to CEO with Bower-Dyke as chairman
Sharon Beckett has been promoted to CEO of Be Wiser, with Mark Bower-Dyke ending his dual role at the broker and remaining as chairman.
This month: FCA fines, climate change and shaping company culture
This month marks the start of a new decade. And while a new year might bring optimism for the insurance sector it can also bring with it a host of challenges.
Sure Thing cut losses to £2m in year before sale
Motor broker Sure Thing Insurance Services made a loss of £2.1m in its final year ahead of the sale to Qmetric Group’s Policy Expert last June.
UK motor reinsurance rates rise by up to 35%, says Willis Re
UK motor liability reinsurance rates for some accounts rose by up to 35% in the annual January renewal season, according to Willis Re.
Former Sabre chairman and BDML founder Keith Morris made OBE in New Year Honours List
Former Sabre chairman Keith Morris has been made an Officer of the Order of the British Empire in the New Year Honours List.
Blog: Will the FCA ban automatic price rises in 2020?
The regulator has noted concern that competition isn’t working well for all consumers in the house and motor markets but Tony Tarquini, director of insurance for Europe, the Middle East and Africa at Pegasystems, believes a ban on automatic price rises…
Tradewise Insurance Company seeking sale in run-off period
Gibraltar-based unrated motor insurer Tradewise Insurance Company pursued a sale ahead of going into run-off and continues to explore its options, executive chairman Marcus Killick confirmed to Post.
This week: Running off
Though a new decade and the opportunity for new beginnings are now firmly in view, this week proved that 2019 still has some endings to get out of the way first.
Tradewise secures £55m of motor trade capacity from Berkshire Hathaway
UK managing general agent Tradewise Insurance Services has sourced £55m of capacity from Berkshire Hathaway via Faraday in London to continue writing motor trade business, as Tradewise Insurance Company goes into run-off.
Tradewise Insurance Company goes into run-off
Gibraltar-based motor insurer Tradewise Insurance Company is going into run-off and will stop writing business after 31 December.
Insurance Monitor: Reflections on the 2019 general election
In the first of a regular column, David Worsfold reflects on the fall out of the conclusive Conservative Party victory in the 2019 general election.
Blog: Cuvva-ing all the bases with statistics
Post senior reporter Emmanuel Kenning wonders about Cuvva’s 3% claim.
Volkswagen debuts repair platform for insurer use
Volkswagen Group has launched a 'paint and body platform' to keep insurers and the repair network up to date with its latest developments and technology updates.
Government still missing the point on child compensation whiplash qualms, campaigners say
The Ministry of Justice continues to face criticism for "missing the point" in its response to allegations of a “loophole” in whiplash legislation that affects children and vulnerable road users.
Analysis: What's on the horizon for 2020?
For an industry that strives to understand and manage risk, uncertainty is not something that is relished. But with some market hardening, a final report from the Financial Conduct Authority on pricing practices and the possibility of Brexit all on the…
Blog: Aviva, ERS, ? … What Amanda Blanc did next
Her appointment as a NED of Aviva triggered one former colleague to boast 'It’s coming home, it’s coming home, insurance is coming home'. Jonathan Swift reflects on what lies ahead for Amanda Blanc here, at ERS and where she might pop up next.
Loyalty a top priority among consumers when choosing an insurer
The biggest opportunity for insurers to improve their performance is in relation to customer loyalty, which ranked above price as a decision driver when it comes to picking a provider, according to research by the Chartered Insurance Institute.
Consumers are ready for auto-switching, says Go Compare CEO Crummack
Consumers are ready for greater use of auto-switching services across many areas of household bills including home and car insurance, Go Compare CEO Matthew Crummack has said.
This month: Discount rate, driverless vehicles and digitalisation
As 2019 draws to an end, everyone is thinking about what the new year may hold for them, whether it's an exciting new job or simply committing to some small lifestyle changes. One person who has set some plans in motion for 2020 is former Zurich and Axa…
Blog: Automotive technology must be managed to ensure it minimises risk on the road
By 2020, 40% of cars on the road will have some sort of advanced driver assistance systems installed, but Neil Atherton, sales and marketing director at Autoglass, asks if insurers are even aware if these systems are switched on and calibrated correctly…
Penny Black's Social World: December 2019
Diversity and Inclusion in Insurance Awards, keeping safe on the roads, and embracing flexible working
Amanda Blanc lands second NED role
Amanda Blanc will join specialist motor insurer ERS as a non-executive director on 2 January 2020.
Spotlight: Autonomous Vehicles: Is automation the answer to insurers’ nightmares or a dream come true for thieves?
At every trucking fair and trade publication and in each promotional video the industry is demonstrating the advances in autonomous commercial vehicles
Insurtech Wrisk launches 'new type of insurance' with BMW for Mini drivers
Insurtech Wrisk has unveiled the first fruits of its tie up with BMW Financial Services Group and Allianz Automotive by offering all new UK Mini owners three months free insurance underwritten by LV Broker.