Motor
Jubilee appoints new head of motor
Specialist Lloyd’s insurer, Jubilee Managing Agency, has appointed John Shepherd as head of motor at Jubilee Syndicate 5820. He replaces Julian Cashen who has left the business.
News review: June 2010
Online marketplace Ebay was poised to seek a raft of insurance partners as it geared up to launch a financial services offering. Insurance Age's sister title Post learnt that Ebay agreed a partnership with Staffordshire-based intermediary Autonet to help…
Your letters: Misfuelling misinformation
I have to take issue with Peter Powell, managing director of Complectus on the subject of misfuelling.
Emergency Budget 2010: Biba fears IPT rise will lead to cuts in cover
The British Insurance Brokers' Association (Biba) said it is concerned that consumers and businesses will be hit by increasing insurance costs.
Aviva reports 50% increase in motorcycle claims
Aviva has revealed that since 2005 it has seen a 57% increase in the number of bodily injury claims made against motorcyclists. The insurer has also seen motorcycle claims costs increase by 51% in the same period, and its statistics indicate that this is…
Carole Nash bags Co-operative book
Carole Nash has won a 5,000-strong motorcycle book from The Co-operative Insurance.
QBE addresses market rumours
QBE has issued a statement regarding its potential exposure to the Gulf of Mexico oil rig disaster and Insurance Australia Group's (IAG) announcement on motor liability claims.
Junction reveals "ambitious" growth plans
Junction said it aimed to more than double compound sales in next three years.
IAG boosts UK claims reserves
Insurance Australia Group (IAG) said that due to a "significant deterioration in UK claim experience", in particular bodily injury claims, it has conducted an independent actuarial review of its UK business.
Product review: Vehicle liability to cover smaller fleets
Broker ratings: The products reviewed here by brokers are rated from one to five, based on the policy’s key benefits.
LV loses out to Fortis in charity deal
Fortis has been chosen over LV to become the insurance partner of the rebranded charity Age UK.
Schemes: Misfuelling errors targeted
Claims management solutions business Complectus has developed a product with Axa Assistance, which aims to get drivers mobile again after misfuelling their vehicle.
Reportage - state of the market: A very British coup
Unlike our continental cousins, buying insurance online has become de rigeur for the UK public - but it is not all doom and gloom for personal lines brokers. Louise Meeson reports on the state of market.
Agenda: Travelling on a dodgy passport
The Quinn saga came as no surprise to most of us in the industry. The position at the time of writing is that the UK business of Quinn is in run-off and the Irish parent company is in administration.
E-commerce: Home & Legacy motor system to slash quote turnaround time
An online system that pledges to slash turnaround times for mid to high-net-worth motor quotes by more than half has been introduced to the market.
E-commerce: Real-time rating solution is revolutionary, says Aviva
Aviva claims to have "revolutionised" personal lines pricing after joining with Open GI to launch a real-time rating solution for brokers.
Risk management/claims: CLS launches accident management service
Co-operative Legal Services (CLS) has launched a one-call accident management service for brokers and insurers.
Results news: Allianz determined to do away with all loss-making business
Allianz chief executive, Andrew Torrance, has outlined plans to push through rate increases in commercial after admitting that the current level of return was "not terribly attractive".
Results news: Fortis to plough on with rebranding despite loss
Fortis UK has confirmed it will complete its rebrand to Ageas by the first quarter of 2011, after announcing a £1.8m loss during Q1 2010 (Q1 2009: £4m profit).
Axa head condemns claims farming practice as 'immoral'
Axa's head of personal lines intermediary has slammed brokers that make money from the "immoral" practice of claims farming, warning that insurers would penalise those who were heavily involved.
UK General completes claims outsourcing deal
UK General Insurance has streamlined its in-house claims processes after signing a new outsourcing agreement with Direct Group.
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.
BIBA 2010: Markerstudy forms coalition with Zenith
Markerstudy and Zenith have put together a new group underwriting coalition under group underwriting director Gary Humphreys (pictured).
Aviva claims to have "revolutionised" personal lines pricing
Open GI has integrated its motor quote engine with Aviva’s dynamic web-based rating engine in a move that aims to provide more competitive, real-time rates to brokers.