Admiral
Admiral to slow UK growth despite 9% rise in profit
Admiral's pre-tax profit rose to £171.8m in the first half of 2012 (H1 2011: £160.6m) having increased the number of vehicles insured by 11%, or 350 000, to 3.5 million.
Fraud prevention in mind as Admiral appoints supplier CRIF
Admiral has appointed CRIF Decision Solutions as its new supplier for the automation of processes to support fraud prevention during the purchasing process.
Admiral investors advised to “sell” as analysts question future growth
Admiral stock has been branded too expensive despite the motor insurer being highly profitable in an “inherently unprofitable” industry.
The AA and Direct Line provide 'poor' online customer experience, survey finds
UK home and motor insurers like Direct Line and The AA are potentially ruining opportunities to acquire new customers because of a poor online user experience, a survey has found.
Engelhardt tops Sunday Times insurance Rich List
Admiral's Henry Engelhardt, pictured, was the insurance industry’s top player in this year’s Sunday Times Rich List, with a total worth of £528m, down £120m from last year. He came in at 156th place, down from 120.
Spotlight On Technology: Future gadgets
Science fiction has given the people of today a glimpse of tomorrow. However, spare a thought for underwriters, for whom the prospect of insuring some of the space-age gadgets featured must strike real fear, as technology develops and turns science…
Englehardt happy with 'good start' as Admiral turnover increases
Admiral chief executive Henry Englehardt says his full year expectations remain on track following a first quarter which yielded a 9% increase in group turnover from £539m in Q1 2011 to £586m.
Price-comparison model questioned as Admiral casts off Italian Chiarezza
Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.
Price-comparison model questioned as Admiral casts off Italian Chiarezza
Admiral's sale of its Italian aggregator Chiarezza on Monday demonstrates a failure adequately to invest in overseas ventures, and further withdrawal from European aggregators is a possibility for the insurer, according to one analyst.
Editor's comment: Shaking up the market
Two of this week's market stories - emanating from opposite ends of the insurance supply chain, and arising from both home and abroad - carry the potential for significant shakeup in the months to come.
Admiral sells Chiarezza to BlackFin Assurance
Admiral has sold its Italian price comparison venture to BlackFin Assurance Courtage.
Post magazine - 19 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Admiral sells Italian aggregator Chiarezza
Admiral has sold its Chiarezza price comparison operation in Italy to BlackFin Assurance Courtage.
Motor insurers in the BBC Watchdog firing line
Admiral, More Than and Swiftcover were all criticised over renewal rates on the BBC's Watchdog programme which aired last night.
Bonuses take a bash but salaries for the top industry jobs continue to rise
Total salaries for insurance chief executives increased across the board, according to insurers’ annual reports for the year ending 2011, despite a drop in total remuneration.
Website review: Admiral
Web performance specialist Compuware Gomez puts Admiral to the test
Aggregator analysis: price comparison evolution reaches tipping point
With signs pointing to a soft market, questions abound about what will now drive a customer to use an aggregator to switch insurer.
Insurance bosses invited to discuss common standard for telematics
Executives from some of the UK's biggest insurance firms will sit down next month to discuss the formulation of a common standard for issues surrounding telematics data ahead of an expected boom in demand.
Ancillary income still under scrutiny, despite boost to Admiral profits
After easing the pressure built up during a bodily injury claims-ravaged third quarter, bosses at Admiral have been warned that this year's hot topic of ancillary income could yet provide a sting in the tail.
Website review: Privilege
Actress Joanna Lumley might tell viewers that you don’t have to be posh to be privileged, but how does its website stack up against the rest of the market?
Post magazine – 15 March 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Admiral overseas losses increase to £15.1m but policycount soars to 4.1m
Admiral Group has reported that its two international operations – motor and aggregator – increased their losses to £15.1m (2010: £12.8m loss) in 2010.
Admiral COO describes 2011 as a year of two halves as profit hits £299m
Admiral has reported group profit before tax up 13% at £299m in 2011 (2010: £266m) on a turnover up 38% at £2.19bn (2010: £1.58bn).
Direct Line tops complaints league table
Direct Line Group's UK Insurance had the most general insurance complaints to the Financial Ombudsman Service, according to figures out today.