Motor
KGM offers motor hope
Last week, the British Insurance Brokers' Association conference saw the great and good of the UK general insurance market descend on the Excel Centre in London's Docklands to network, socialise and swap ideas about where they see the market going.
Direct Group expands further with EVS deal
Insurance services provider Direct Group, backed by Lloyds Development Capital, has completed the acquisition of Evander Validation Services for an undisclosed sum.
RTA PI claims portal endures "bumpy ride"
The new portal for administering road traffic accident personal injury claims has had a "bumpy ride", despite the high number of electronic claims notification forms created since the live date of 30 April.
Go Compare adds 82 brands to insurance panels
Comparison site Go Compare has added 82 new insurance brands to its panels in the last year.
NIG names six new underwriters
NIG has attracted specialist area underwriters from RSA, Chartis, Allianz and Zurich Municipal to join its motor, property and liability teams.
Thatcham applauds solution success
Thatcham’s new vehicle repair methods delivery solution, Thatcham Integrated Methods, has provided access to methods for repairers on over 5000 individual estimate enquiries since its launch a week ago.
Money Supermarket launches next generation motorbike insurance tool
Comparison site Money Supermarket has launched its next generation motorbike insurance comparison service, which it claims is the fastest and most accurate available.
New IFB member
Markerstudy has become the latest company to join the Insurance Fraud Bureau.
New data hub promises level playing field for insurers
Non-direct motor insurers and brokers will soon be able to compete head on with their direct counterparts, following the launch of a new data bureau that will validate claims, credit and vehicle data at the point of sale, according to its founding…
BIBA 2010: THB/Eclipse fleet deal
Specialist fleet broker THB London Market, part of Lloyd's broking arm Thompson Heath & Bond, has launched a new fleet facility with Lloyd's syndicate Eclipse.
FOS: Insurance disputes up 38% in 2009/10 driven by PPI
The Financial Ombudsman Service – the independent organisation that settles disputes between consumers and financial companies – today said it resolved a record 166 321 disputes – a 46% annual increase – in the period 2009/10 resulting in compensation…
Chaucer reports 11% hike in motor rates
Lloyd's insurer Chaucer this morning reported a drop in gross written premium income to £250.1m (2009 Q1: £257.8m).
One Answer Network extends deal in growth drive
One Answer Network has entered into a long term contract with insurance sector software specialist Cheshire Data Systems to both expand and extend its licence purchasing agreement, as part of its business growth plans.
Open GI gets Aviva green light
Open GI has become the latest technology firm to integrate its motor quote engine with Aviva’s web-based rating engine in order to provide more competitive, real-time rates to brokers.
Brightside to raise £9m via share-listing for latest acquisition
Broking group Brightside has unveiled a plan to raise £9.0m via the placing of 36m new ordinary shares to fund an acquisition.
Portugese FS group "weighed down" by "stagnant non-life market"
Portugese financial services group Espírito Santo Financial Group has reported a 29.6% year on year decline in net income to Euro 21m (Euro 29.8m).
Portugese FS group "weighed down" by "stagnant non-life market"
Portugese financial services group Espírito Santo Financial Group has reported a 29.6% year on year decline in net income to Euro 21m (Euro 29.8m).
Markerstudy joins the IFB
Markerstudy insurance has become the latest company to join the Insurance Fraud Bureau in its fight against organised insurance fraud.
Aviva names Hudson as personal line broker boss
Sam Hudson has been appointed head of broker personal lines for Aviva.
Fraud - MOJ reforms: Against the clock
With the MoJ's 15-day timeframe for insurers to make liability decisions on third-party injury claims from road accidents now in force, Veronica Cowan examines whether the increased time pressures risk rendering the reforms little more than a cheat's…
Lloyd's motor insurer KGM put up for sale by parent company
Lloyd's motor insurer KGM has been put up for sale by its parent Gibraltar-based Perseverance.
50 years ago: No need for legislation on bad drivers
Looking back through Post's back catalogue points a unique picture of more than 150 years of insurance news, as this story from 50 years ago reveals.
Commission options: Getting your money's worth
To exist in today's market conditions, brokers must continue to focus on the remuneration they receive from insurers. Jane Bernstein looks at the options.
Industry rails against SMS claims farming
Insurers have reacted angrily to the growing number of unsolicited claims farming text messages being sent by claims management firms.