Telematics
Generali in exclusive talks to buy My Drive Solutions
Generali group CEO Mario Greco is seeking a "new business model" as the Italian insurer opens exclusive talks to buy UK-based telematics provider My Drive Solutions.
Biba finds 9% jump in black box policy sales
The number of live black box telematics policies has increased by 9% to 323,000 from 296,000 in December 2013, according to research from the British Insurance Brokers' Association.
Wunelli boss Searles steps down amid 'record year'
Wunelli managing director Penny Searles has walked away from the telematics provider to pursue “other opportunities outside of the organisation”.
On the soapbox: From Croydon to Berlin
There is constant talk of digital innovation in personal lines, but when it comes to concrete facts, all we have is speculation. So I decided to take a different slant on where disruption might come from and look at the geographic location of previous…
Telematics performance bolsters RSA personal motor growth in Q1
RSA has attributed “strong performance” in its telematics offering as the driver of 14% growth within its UK personal motor business, which chalked up £57m of net written premiums in the first quarter of 2015 (Q1 2014: £50m).
Young motorists unimpressed with efforts to reduce cost of driving
Six out of 10 young drivers polled by Carrot Insurance claim the coalition government has not done enough to tackle the cost of driving, with 26% stating they will not be voting in tomorrow’s (7 May) general election.
PE house takes 50% stake in telematics firm
New private equity firm Beech Tree Private Equity has agreed to take a 50% stake in RS Fleet Installations, the West- Midlands based telematics device installation firm.
Europe: Brokers in Northern Ireland - challenges & opportunities
Recent M&A activity in Northern Ireland has shaken up the region's insurance industry, bringing the future of high street brokers in the province under the microscope.
Career File: Richard King to leave Ingenie
Ingenie co-founder and CEO Richard King will step down in June, following a transition process that will see chief operating officer Chris McKee take over the controls at the telematics firm.
Ingenie COO McKee to become CEO as King departs
Ingenie co-founder and CEO Richard King will step down in June following a transition process that will see chief operating officer Chris McKee take over the controls at the telematics firm.
C-Suite - Insurer: Reducing risk, increasing safety
Telematics can bring down premiums for young drivers, but also alter behaviour in all segments.
Claims Awards 2015: shortlist revealed
Today Post is pleased to reveal the shortlist for the 2015 Claims Awards.
Motor Claims 2015 - speaker: Jonathan Hewett
Jonathan Hewett is chief marketing officer, Octo Telematics.
Big data tipped to impact insurers' credit ratings
Harnessing big data will be key to insurers' profitability, competitiveness and, in the long term, credit ratings, according to a Fitch Ratings report.
Motor insurers: An uncertain future
Car manufacturers may be about to muscle in on motor insurers business, but it might not be all bad news for the sector
DfT urged to harness insurer data to inform transport policy
A Transport Select Committee report has recommended the Department for Transport works with the insurance industry to see how it can use anonymised vehicle data to inform policy.
Geddes rules out further disposals or large acquisitions for DLG
Direct Line Group's CEO Paul Geddes has told the market not to expect anymore disposals or large-scale acquisitions in the foreseeable future.
Roundtable: How to keep ‘Generation Digital’ satisfied
Consumers that have grown up in the digital era are becoming more demanding. How can insurers keep up with technological advances to keep them happy?
TSC report expected to call for greater focus on telematics
The drive to improve road safety is in danger of running off course as a result of the government’s failure to introduce a strategic plan to exploit emerging technologies, a parliamentary report will warn this week.
Driverless cars: Driving change
Rapid advances in automotive technology mean that, within a generation, the future of autonomous vehicles and driverless cars could become a reality. What will that mean for the insurance industry?
Editor's comment: It’s time to seize the day
Insurance is traditionally known for being a slow moving market, which takes its time and waits to be issued with regulation and guidelines.
Motor: The sharks are circling
A number of threats to the UK motor market are currently occuring – driverless cars, motor manufacturers muscling into the sector, the competitiveness of pricing. But can these challenges be turned into opportunities?
Video: RSA's Kenny Leitch on driverless cars
Last week government ministers launched the UK’s driverless car trials in the Royal Borough of Greenwich - the location of one of the government backed projects which RSA is the insurance partner for.
Insurers urged to seize 'opportunity' as driverless cars hit UK roads
The emergence of driverless car technology should be viewed as an “opportunity not a threat” by motor insurers, despite prospective further reductions in premiums.