Telematics
Market Moves: Insurers and brokers make new hires, with some top-level appointments
It was even between insurers and brokers this week in recruiting stakes, as Simply Health filled the void left by its departing CEO and Bluefin made four hires within its professions division. Hires were finalised at Hyperion’s underwriting arm Dual and…
Interview: Sandy Dunn and Penny Searles: Driving force
With the revival of telematics set to change the face of motor insurance underwriting, Wunelli founder Sandy Dunn and managing director Penny Searles explain why they believe their firm is in the driving seat in this sector.
Night-curfew will not cut young drivers premiums
The introduction of a night-curfew for young drivers will not help lower insurance premiums or promote road safety, Insure The Box has warned.
SSP partners Wunelli on whole market telematics offering
Technology firm SSP and telematics provider Wunelli have jointly launched what they describe as the first smartphone pay as you drive offering available through high street brokers.
Coverbox appoints ex-accountant Beckingham as finance director
Telematics-based insurer Coverbox has added to its management team with the arrival of Neil Beckingham as finance director.
Broking Supplement: A simple plan
Keep the customer satisfied
ABI, Biba launch best practice telematics guidance
New guidance for insurers on pay-as-you-drive cover has been released by the Association of British Insurers and the British Insurance Brokers’ Association
Industry and consumers targeted in two-part telematics guide
The Association of British Insurers and the British Insurance Brokers’ Association have teamed up to produce guidance for the industry and consumers on how to get the most out of telematics technology.
Penny speed meets... Ed Rochfort, product director, Carrot
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Telematics Expo: Magic number is 200 says Aviva
Telematics can reliably predict the future driving style of a customer after 200 miles of use according to Aviva's GI partnerships and business development director Simon Warsop.
Telematics: Taking the wheel?
Will plans by car manufacturers to fit telematics black boxes to new vehicles see them become major players in the motor insurance sector?
Telematics Expo: Insurers must ease drivers’ data privacy concerns
Insurers’ self-interest in launching telematics products has fostered consumer fears about data privacy, according to the founder of telematics firm Ingenin.
Telematics Expo: Citroën sales head acclaims DLG young driver deal
Telematics has put free insurance back on the table for young drivers, according to Citroën head of sales programmes Jeremy Smith.
Telematics Expo: Study suggests engagement improves driving behaviour
Initial research by telematics start-up Carrot Insurance has revealed a link between customer engagement and driving behaviour.
Telematics Expo: ABI pre-empts telematics regulation with new guide
Trade bodies can play an important role in the development of the telematics industry, particularly in warding off the threat of regulation, according to Association of British Insurers policy adviser Ben Gaukrodger.
Ageas appoints Broughton to group board
Ageas has appointed Steve Broughton as a non-executive member of its group board of directors for a three-year period, subject to approval by the National Bank of Belgium.
Broughton appointed to Ageas group board
Ageas has appointed Steve Broughton as a non-executive member of its group board of directors for a period of three years, subject to approval by the National Bank of Belgium.
Coverbox takes up new Stamford offices
Telematics insurer Coverbox has relocated its management, marketing and admin teams to new bases in its home town of Stamford, Lincolnshire.
Quindell enters North America through acquisition
Quindell Portfolio has entered the North American insurance market through its acquisition of software as a service-based provider Iter8 in a deal worth £20.8m.
View from the Top: Protect young drivers now
We need a combative strategy to reduce the risk of catastrophic accidents, says Tom Woolgrove, managing director of personal lines, Direct Line Group.
Expert Analysis: Making changes
Price comparison sites are making changes to the way they operate, embracing telematics and moving into new product lines.
Telematics helps The Co-Op recover 92% of stolen vehicles
Telematics devices have facilitated the speedy recovery of stolen vehicles, according to Wunelli.
Coverbox promotes two in growth drive
Telematics insurer Coverbox has promoted two senior staffers, anticipating business growth.
Leader: Beyond a joke
“It is understood European decision makers are poised to broaden the scope of the Gender Directive – which has also impacted the setting of premiums in the life and annuities markets – to cover cats and dogs.”