AA
IPT could rise to 12.5% at March budget, AA warns
The AA has warned that insurance premium tax could rise from 9.5% to 12.5% in next week's Budget announcement.
Insurers back Axa's call for consistent injury awards in Ireland amid 30% motor premium increases
Insurers in Ireland are backing a call by Axa for more consistent personal injury awards amid concerns the body established to handle personal injury claims and compensation in 2004 has lost its way.
AA calls on Osborne to avoid another IPT hike
The AA is urging Chancellor of the Exchequer George Osborne, pictured, not to further increase insurance premium tax in the March budget.
AA underwriting arm opens for business targeting 250,000 customers and telematics
The AA's new Gibraltar-based insurance company has opened for business targeting a quarter of a million policyholders.
IPT pushes up home and motor rates, says AA
Home and motor premiums increased in Q4 2015, with the AA’s index pointing to the increase in Insurance Premium Tax shouldering at least some of the rise.
Parabis woes highlight importance of finding right ABS partner
The importance of insurers finding the right legal partner to enter into alternative business structure arrangements with has been highlighted by experts, after four such entities recently either changed partners or entered into run-off.
AA puts two-year-old ABS into run-off
The AA's alternative business structure, which started trading in December 2013, has entered into run-off following a strategic review.
AA launches joint venture in connected car software
The AA has announced an international partnership to develop connected-car technology.
Storms' insured loss estimate increases to £1.4bn
Latest estimates from accounting firm PWC suggest insured losses from storms Desmond, Eva and Frank, which battered the UK in December 2015, could reach £1.4bn as Prime Minister David Cameron yesterday (3 January) pledged £40m to repair and improve flood…
Government mobile phone penalties welcomed by AA
AA Insurance has welcomed a government move to increase the penalty for using a hand-held mobile phone or other device while driving as a "victory for common sense".
AA disputes Storm Desmond will lead to home premium hike
AA Insurance does not expect claims from Storm Desmond to result in widespread home insurance premium increases because the expected £250m of claims from the event are below the £1bn of claims needed to trigger across-the-board increases.
Consumer group calls for fines for unsimplified policy documents
A third of insurance policies are written at a university-equivalent reading level, making them inaccessible to large portions of the population, according to research by consumer group Fairer Finance.
IPT increase could encourage driving without cover, AA warns
The AA has warned that higher motor rates may lead to younger drivers taking to the road without cover or with false details.
Q3 motor premiums increase 4.8%, AA Index shows
Average motor premiums rose 4.8% in the three months to 30 September 2015, while over the past 12 months the average policy price has increased 9.2%, results from the AA premium index show.
Markerstudy completes fifth 2015 acquisition with AA Autowindshields deal
Auto Windscreens has completed its acquisition of AA Autowindshields resulting in 200 staff joining the Markerstudy group.
Insure the Box partners with AA Driving School on telematics policy
The AA Driving School has teamed up with Insure the Box to launch AA Get Driving, a telematics motor insurance policy for pupils who have just passed their test and are buying their first car.
Lloyd to lead AA’s insurance services following management restructure
The AA has reshuffled its management team as part of its transformation programme in a bid to increase focus on the customer and simplify management structures.
IPT hike will increase ‘churn’ says AA boss as H1 revenue and trading Ebitda fall
The 58% increase in insurance premium tax to 9.5% from November is likely to increase churn in insurance and roadside assistance, according to AA executive chairman Bob Mackenzie.
High-tech fraud: Faceless threat
Fraud has gone high tech, with the potential damage that hackers using the internet can cause becoming a real danger. Now the industry is starting to use high-tech methods to fight back.
C-Suite - Broker: Sending a message
Attacks on honest motorists need to stop – and a strong message needs to be sent to fraudsters.
AA Insurance Services
Rank: 14
Auto Windcreens pens 10 year deal with AA following acquisition
Automotive glass repair and replacement provider Auto Windscreens has acquired the AA’s automotive glazing business AA Auto Windshields.
UK brokers must innovate to achieve growth in stagnant market, says Finaccord
The UK general insurance broking sector will struggle to achieve organic growth over the next two years, amid strong competition from alternative sales channels, according to Finaccord.
L&G predicts end of soft market after AA index results
Legal & General has suggested the AA Premium Index's second quarter 5% rise in motor premiums could signal the end of the soft market cycle in the general insurance market.