Motor
Research highlights new risk on roads
A study from Axa personal lines insurance suggests that there is a new sub-class of 1.5 million young drivers who are a potential hazard to themselves and others on the road.
Trio joins Questgates
Questgates has made three appointments to its motor division.
LMA calls for removal of referral fees
The Transport Select Committee has missed an opportunity to call for a ban on referral fees for motor claims, according to the Lloyd's Market Association.
Allianz Retail launches clear private car product with SSP
Allianz Retail’s clear private car product has launched with SSP in the latest stage of its deployment.
Allianz and BMW Group expand European partnership
BMW Group Financial Services has agreed a deal to offer its customers Allianz' payment protection insurance and guaranteed asset protection insurance in Germany, Italy and France.
Jubilee outsources motor claims
Jubilee Insurance has outsourced its run-off motor claims to Beachcroft.
MDS acquires 50% stake in Coral
Iberian and Latin American broker MDS Holdings has acquired a 50% stake in intermediary Coral.
MDS acquires 50% stake in Coral
Iberian and Latin American broker MDS Holdings has acquired a 50% stake in intermediary Coral.
View from the top: embrace update challenge
Sometimes, if you want to look forward, it helps to have a look back first. This seems particularly true for the upcoming Continuous Insurance Enforcement legislation.
Axa prepares to scrutinise customer claim behaviour
Axa is looking into using the Claims and Underwriting Exchange to check prospective household customers' claims experience before it quotes for business, as part of its plan to manage claims costs within this portfolio.
Co-op targets young drivers with telematics
Co-operative Insurance has launched a telematics-based motor policy aimed at reducing young driver premiums in the wake of the European Court of Justice ruling, which outlawed gender as a rating factor.
Interview - John O'Roarke: taking LV to the next stage
John O'Roarke has seen the highs and lows of a career in insurance. He talks to Daniel Dunkley about his journey to LV and his plans for the next stage in the firm's development.
Select committee under fire over referral disclosure plans
Motor insurers have hit back at government proposals forcing the industry to disclose details of their referral fee arrangements.
Household: can no claims discounts be applied to household insurance?
With Axa set to offer no claims discounts to household customers, Amy Ellis reports on market reaction and whether others will follow suit.
Editor's comment: Out of step with reality?
Just before the devastating events began to unfold in Japan last week, the UK insurance market found itself vexed by the Transport Select Committee's report into the rising cost of motor insurance.
In series: tackling the problem of fraud
Fraud is no longer the elephant in the room for the industry — but insurers still need to go on the offensive to tackle the issues, says Rachel Gordon.
Direct Line loses court battle against ‘lying claimant’
Direct Line has failed in a High Court bid to prove that a Dorset man exaggerated his injuries in order to claim £3.4m in compensation.
AIS marks first anniversary of motor deal
Ageas Insurance Solutions has celebrated the first year anniversary of its three year deal with Aioi Nissay Dowa Insurance Company of Europe Ltd regarding the provision of motor insurance to Toyota PLC’s 1.3 million UK Toyota and Lexus customers.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Eqecat estimates up to $25bn of quake losses
Risk modelling firm Eqecat has predicted insured losses from the Japanese earthquake of between $12bn and $25bn (£15.5bn).
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
Lord Myners raises gender question
The European Court of Justice ruling on gender has again been raised in Parliament.
Jubilee seals Hyundai motor deal
Jubilee Managing Agency has partnered with broker Miller and Lloyd’s coverholder Italian Underwriting to launch a 100% satisfaction guarantee programme for Hyundai Motor Company.
Mapfre Abraxas agrees Volkswagen deal
Mapfre Assistance subsidiary Mapfre Abraxas has been selected by Volkswagen Financial Services as its provider of guaranteed asset protection insurance products.