AA Insurance has become the latest firm to "turn to technology" having launched its new 'pay how you drive' policy AA Drivesafe.
The competition to get the upper hand in the use of sophisticated data to underwrite flood-prone properties has already started, as it seems increasingly unlikely the Statement of Principles will be renewed beyond June 2013.
Dutch navigation systems maker TomTom NV is making a foray into the telematics market after teaming up to produce a device to track driver behaviour.
As the national press continues to probe the impact of the European Court of Justice’s gender ruling on the European consumer, Francesca Nyman asks if European insurers can comply and still retain their competitive edge.
With gender set to disappear from the underwriting landscape at the end of 2012, what factors will insurers turn to when accessing risk?
The new boss of telematics insurance provider Coverbox has outlined plans to better match premiums to its customers’ driving habits, insisting the current ‘pay-as-you-drive’ players are not making best use of the available technology.
Go Compare has confirmed that it is looking at developing a telematics comparison service with Wunelli.
It is hoped that a combination of telematics technology and changes instigated by the Driving Standards Agency to make the theory test harder to pass will lead to lower premiums for new drivers.
Although competition remains fierce in the aggregator arena, the rush for volume has slowed as the motor market moves closer to break-even point, says Tom Cooper, Igo4.
Insurers have been urged to use emerging technologies to change the way they interact with customers, by exploiting the growth in social and telematics data. According to an expert analyst, this will forge a “win win” relationship with consumers who…
With insurance companies gearing up for the festive holidays, it was a surprisingly busy week in recruitment.
With Hastings Direct on the cusp of becoming a top five broker and securing its one millionth customer, 2012 could be a landmark year for chief executive Edward Fitzmaurice
Hastings Direct is set to launch a telematics-based motor policy for young drivers.
Post reporter Callum Brodie outlines this week's major general insurance stories including how motor insurers plan to share suspected application fraud data as criminals try multiple applications to get cars on the Motor Insurance Database as cheaply as…
Former England footballer Gary Lineker has backed a new car insurance brand, which uses telematics, to provide young drivers with better deals.
The first of many: that appears to be the over-riding theme of this week’s insurance market developments. First we had the groundbreaking strategic partnership struck between Catlin and China Re, in a move both parties expect will prove extremely…
The Association of British Insurers has been forced to defend its proposals, which included a ban on night driving for young drivers, after they were dismissed as unenforceable by the government and safety campaigners.
Speaking at the Association of British Insurers Motor Conference on what the future face of distribution looks like, Tom Cooper, pictured, executive director at Igo4, said that within 15 years we could have a market where everyone is rated on a…
Otto Thoresen, ABI director general has outlined the tough measures that form part of its strategy to deliver a better motor insurance deal to customers.
The Association of British Insurers has set out radical proposals to cut the high level of deaths and serious injuries involving young drivers.
Regulators must make a decision, stating where they stand on who owns the data produced as a result of telematics devices. Speaking at Post’s Strategic Technology Forum, Phil Ford, consulting director at Metaskil, warned that regulators need to consider…
Co-operative Insurance is “on track” to have 10 000 customers signed up to its young driver telematics product, as Direct Line announces it too is targeting a pilot at this demographic.
From December 2012, insurance premiums can no longer be based on gender and, as documented in Amy Ellis’ article, a ban on the age proxy looks likely to follow suit. It is not, therefore, inconceivable that a ban on the use of many more insurance proxies…
Post reporter Callum Brodie outlines this week's major general insurance stories including how, according to market speculation, Cunningham Lindsey and Lockton International are both looking at options that may see private equity giant Stonepoint Capital…