Motor

Co-op hands keys to Nash

The Co-operative Financial Services is to hand over its motorcycle insurance book to Carole Nash next month. Equity Red Star is set to benefit from the deal after being appointed by the latter, a long-term broker partner, to underwrite the 5000 policies.

Start-up seeks to aid genuine claims validation

An initiative that aims to help claims handlers make faster, informed decisions to validate a claim or pass it on for further investigation, has been launched by Stuart Dennis, chief executive of fraud management company TCF Corporate.

Moorhouse Enterprise

Welsh broker Moorhouse is to launch its first business under Moorhouse Enterprise, set up to support the next generation of broker start-ups.

Haywards defends its title

Staff from Haywards Heath-based First Central Insurance Management, the service provider for online motor insurer First Central, defended their title and won the annual Action For Children Football Tournament, which is organised by recruitment agency…

Brockman unconcerned over past PAYG failures

The founder of telematics-based motor insurance provider Insure the Box has said its sole focus on pay-as-you-go technology makes it more likely to succeed where others have failed.

ABI: no bias against NI

There is no fundamental bias against the Northern Irish motor and property markets — and higher costs in the legal system are the reason personal injury claims tend to be steeper.

Spotlight on talent: The youth of today

A recent Chartered Insurance Institute report was deeply critical of the insurance industry's efforts at recruiting the next generation. Rachel Gordon examines whether effective engagement is really that bad.

Junction vows to buck motor growth trend

BGL subsidiary Junction has predicted a 25% growth in the sale of new motor policies in the next year, despite what analysts describe as a "static market".

IAG UK to lose 5% of broker partners in recovery plan

IAG UK's largest business Equity Red Star is set to shed around 175 of its broker partners and withdraw from the majority of its aggregated business, as it plans its recovery from a "significant deterioration" in its claims experience.

QBE appoints two to new division

Following the integration of its casualty and motor divisions in March, QBE has made two appointments to support the integration and development of the new division.

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