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…
Direct Line has teamed up with sister telematics firm Tracker to pilot the use of telematics within retail motor insurance.
Telematics-based insurer Insurethebox has today chalked up its 50 000th motor policyholder, just 16 months after the business was launched.
Towers Watson has made five senior appointments to help roll out a programme that aims to support insurers in creating products priced according to the driver’s behaviour.
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
I would like to take issue with Tom Woolgrove of RBS Insurance; telematics will not create an insurance underclass, as he fears. In fact it will do the opposite.
Insurance telematics firm MyDrive Solutions has launched its first product to market called Dynamic to enable car insurers to use driving behavioural data to assess the risk presented by individual drivers.
Insurethebox, the telematics-based on-line motor insurer, has released its first renewal statistics since going live last summer which show that around two thirds of its policyholders who received renewal notices in July and August were offered cuts in…
Young Marmalade bosses claim to have slashed insurance premiums for young drivers by 17% after introducing in-car ‘black box’ technology.
Motaquote managing director Nigel Lombard has vowed to bolster the firm’s telematics business, while also pledging to maintain a “strong community presence” following the closure of seven high-street branches in South Wales.
The biggest killer of people between the ages of 17 and 24 in the UK is being a passenger or driver in a car. Our data suggests young drivers are five times more likely to make a claim than other drivers, increasing to 10 times as the severity of the…
Employees across the UK are leaving themselves exposed by failing to understand their responsibility when using own cars on company business.
The expert panel at our recent roundtable on the claims process got their teeth into technology and staffing issues, how to tackle fraud and the impact of telematics. Leigh Jackson reports.
In the 10th quarterly price comparison watch, Tom Cooper finds no slowdown in quote volumes but converting them into sales represents a growing challenge.
Telematics specialist Insure The Box is to use the ICE claims system to support its plans for future growth.
The latest issue of Post Magazine is now available to subscribers as a digital and interactive e-book.
Aviva is targeting 20% of its haulage and goods-carrying motor account as it re-enters the telematics market, seven years after its first attempt to launch the technology in the personal lines arena.
After being pounded by the press for putting premiums up, Leigh Jackson looks at the future of motor insurance and asks whether policyholders could do more to help themselves.
Aviva is re-entering the telematics market seven years after its initial launch of a fleet telematics insurance policy.
Responding to a question from a PSTF advisory board member, Insure the Box founder and joint chief executive Mike Brockman admitted there is a danger of information overload with regards to what telematics can deliver.
Many predict telematics will be the future of motor insurance. Mike Brockman, founder and joint chief executive of Insure the Box, talks to Lynn Rouse about his success so far.
Curfew-based telematics products for young drivers will not only fail to improve behaviour and accident statistics, but the business model is also flawed. That was the warning issued by Mike Brockman, founder and joint CEO of Insure the Box, as he…
The use of telematics technology is a vital tool in combating "dodgy claims" —and securing first notification of loss information almost instantaneously — according to Mike Brockman, joint CEO and founder of Insure the Box.
Post news editor Mairi MacDonald outlines this week's major general insurance stories including Equity Insurance Group’s insistence that its branch network and plans for regional expansion are safe, despite putting 185 jobs within it’s underwriting and…