Motor
Russian Insurance Market – Decay or good prospects?
The Russian insurance market is only 20 years old and comes with a set of its own challenges but according to Paul Koshik there are opportunities there too.
2 December: Cut and shut
Dealing with stolen motor vehicles is nothing new for insurers, so when Mr Policyholder phoned to report the theft of his classic motor vehicle, his insurer began the usual process.
Emerging markets look set to grow in 2012
Despite growth slowing in 2011 emerging markets will remain “reliable growth engines” in the global insurance markets in 2012, according to reinsurer Swiss Re.
Penny Black’s insurance week
Pity Penny’s friend Jamie Marchant, Groupama’s marketing supremo.
Your say: Question marks over Bent
The judgment in the Bent v Highways and Utilities case raises some very interesting questions - and there are at least two question marks hanging over the early stage handling of the case.
Parker Norfolk to double number of employees after takeover
Lloyd’s broker Miles Smith plans to double its employee numbers at newly acquired wholesale motor fleet specialist Parker Norfolk over the next 12 months.
Insurance fraud police unit reveals areas to be targeted after assessment
The £3m insurance fraud police unit could be charged with tackling ghost broking, insider fraud, ‘crash-for-cash’ and corrupt professionals, including lawyers and doctors.
News analysis: Forensic claims analyst issues warning as insurers fail to focus on audits
A specialist forensic claims analyst has warned that insurers need to take claims auditing “far more seriously” in the wake of the High Court case brought against Endsleigh.
Italy sees decreasing RTAs
Road accidents, casualties and the number of injured people are decreasing in Italy, according to the latest report by ISTAT, Italy's national statistics bureau, and the Automobile Club d'Italia.
More competition needed in Italian insurance says Antitrust Authority
There is not enough competition among insurance companies in Italy, according to Antitrust Authority president Antonio Catricalà.
Jubilee to provide European car hire cover for Towergate
Specialist Lloyd’s insurer Jubilee has been appointed to extend the coverage of Insurance4carhire to Europe.
LMA explains motor rises to OFT
The Lloyd’s Market Association has issued a plea to the Office of Fair Trading to consider the underlying causes of rising motor premiums before it reports next month.
Young Marmalade opposes ABI on age
Young driver insurer Young Marmalade has rejected the Association of British Insurers' call for a minimum training period of one year before a provisional driver can take a driving test. It said this “would be too much of a ‘one size fits all’ solution”.
Your say: ABI gauntlet thrown down...
An article published in the 3 November edition of Post started a bit of a debate between Auto Law legal director Lucy Bonham Carter and assistant director, head of motor and liability at the Association of British Insurers, James Dalton.
Editor's comment: Knowledge swap shop
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…
Igo4 and Markerstudy to deliver direct brands
Igo4 has secured a partnership deal with Markerstudy to deliver direct brands Zenith Insurance and Zenith Insurance Plus, set to go live today (24 November).
ABI defends proposal to ban young motorists from driving at night
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.
Accident Exchange heads to Court of Appeal
Accident Exchange is to take its two-year legal battle with Autofocus over alleged fraudulent credit hire spot rates to the Court of Appeal next Thursday.
News analysis - Smartphone apps: has the prime time arrived to invest in mobile?
The long-held hunch by savvy industry operators that the rapid emergence of smartphone technology presents a potentially lucrative revenue stream was this week underlined by Money Supermarket’s claim to have launched the UK’s first front-end motor…
Perkins Slade rings the changes
Despite a relatively quiet quarter for broker recruitment, Perkins Slade named three new directors this week. The intermediary was not the only firm making changes, with Jelf and Willis also naming new starters. Among insurers I was a bust seven days for…
Catlin and China Re deal predicted to be catalyst for Lloyd’s investment – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how industry experts believe the landmark partnership between Catlin and China Re will be a catalyst for a boom in Lloyd’s investment from insurers in emerging…
ABI Motor 2011: Whiplash needs to be referred to as “neck pain”
In a keynote address at the Association of British Insurers Motor Conference, Jonathan Evans MP, chair of the All Party Parliamentary Group on insurance & financial services, said that people have got to stop using the word ‘whiplash’ as though it is …
Express secures KTM’s first cover deal
Express Insurance has clinched the first ever insurance tie-up by Austrian motorcycle manufacturer KTM and will run a subsidised policy underwritten by Groupama for new bikers.
ABI Motor 2011: Number plate eye test “not fit for purpose”
Speaking on how we can improve the way young people learn to drive and improve road safety generally at the Association of British Insurers Motor Conference, Jon Sellors, group head of thought leadership at RSA, said that an important but overlooked…