Motor
Allianz Commercial gains presence in North-east with Newcastle office
Allianz Commercial has opened an office in Newcastle.
Hastings gains four star rating
Hastings Direct has been awarded an additional star by Defaqto for its car insurance products.
Broker Igo4 sells minority stake to Dutch investor
Igo4, the personal lines broker founded in 2007 by former BGL directors Matt Munro and Tom Cooper (pictured), has agreed an investment deal with IVM Intersurer BV, a Dutch holding company that specialises in investing in insurance related businesses.
RBS Insurance targets direct HNW market with ‘Select’ launch
Royal Bank of Scotland Insurance has launched into the mid and high-net-worth spaces with a single product/ multi-cover offering, which it plans to sell both direct in-house and through affinity partners.
Avertis appoints police to analyst group
RISK solutions and asset recovery company Avertis has appointed nine case managers from specialist police investigation teams to join its network of analysts and field investigators.
Motor Claims 2011 – Roundtable: Communication over crash claims
As motor insurers seek to reduce claims costs, Post gathered a group of industry experts together to debate whether a law change would help. Jonathan Swift reports.
Igo4 seals investment deal to push aggressive growth
Personal lines broker Igo4 has sealed a “significant” deal with an insurance investment specialist, which it claims will facilitate the next phase of its development, including launching its own contact centre.
Comparison site offers customer cashback
Cashback and voucher code firm Quidco has launched a motor insurance comparison site that allows users to earn cashback on their quotes.
Motor claims: Can insurers stem the rising cost of whiplash claims?
With 93% of GPs seeing patients they believe to have exaggerated injuries in order to make a claim, Leigh Jackson asks how insurers can stem the rising cost of whiplash cases.
Post Magazine – 27 January 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Markerstudy creates group IT role
Markerstudy Group has appointed Dan Fiehn to the newly created role of group head of IT.
Aviva motor sales more than double through Swinton
Aviva claims to have more than doubled sales of its private motor product year-on-year through Swinton Insurance.
AA price index shows car premiums still rising
The AA’s British Insurance Premium Index shows that over the last three months of 2010, car insurance premiums jumped by a further 6.4% - adding £51 to the cost that drivers typically pay for an annual comprehensive car insurance policy
RSA agrees Policyfast deal
RSA has agreed to provide business car and van policies to online wholesale underwriting agency Policyfast.
Adrian Flux to offer 24/7 claims service
ULR Additions has entered an agreement with Adrian Flux Insurance Services to provide the Norfolk-based insurance broker with 24 hours a day, seven days a week claims handling services.
Swiftcover backs ABI motor research
Swiftcover said it has backed the Association of British Insurers call for better access to information in the battle to keep motor premiums down.
Editor's comment: A whimper not a bang
Given that last week saw the government's transport select committee reconvene to discuss the thorny issue of rising motor premiums, it was somewhat bad timing — as far as the industry is concerned — that the Office of Fair Trading also emerged with…
CHOs must co-operate more with insurers or risk collapse
Some credit hire organisations will have to become more co-operative with insurers if they are to avoid collapse, a legal expert has warned.
Groupama u-turn over Liverpool office closure
Groupama is set to transfer the Liverpool and Glasgow-based commercial motor accounts of broker Choice Quote to its sister business Bollington, as part of a restructure of its GUK Broking Services arm.
Staysure to double headcount in push
Over-50s insurance provider Staysure plans to more than quadruple the premium of its newly launched motor and home products to £5m and double its headcount to 90.
Penny Black's insurance week
Maggie Craig is clearly considered a safe pair of hands by her colleagues at the Association of British Insurers, as she is currently seven months into her second tenure as acting director general.
View from the top: An historically good idea
With the private motor market effectively commoditised, now the spotlight for personal lines insurers is on the perceived El Dorado of the online SME market. We can be sure that a VW Golf that is built in Germany, China or Indonesia is of virtually…
News analysis - OFT: Competition investigation ends in a 'damp squib'
Following a tip off from insurer RSA, the Office of Fair Trading looked into whether an Experian data analysis tool could create the potential for price fixing. Mairi MacDonald reports on the results of the lengthy investigation.
Postbox: Penalties still too low for uninsured drivers
The changes outlined last week to reduce uninsured driving are helpful — but the penalties are still far too low, both financially and in terms of loss of facility.