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The week that was

This was a bad week for the insurance industry in terms of press – consumer group magazine Which? in particular had a field day, accusing insurers of charging customers exorbitant ‘hidden fees’ to make run of the mill changes to policies.

Motor premiums start heading downwards

Prices for comprehensive car cover fell by 3.3% in the first quarter of 2012, the first time in almost four years that car insurance premiums have seen any reduction, according to the Confused.com/Towers Watson Car Insurance Price Index.

Henderson adds to senior team

Henderson Insurance Brokers has established a group company to cover its five operating companies, and made four senior apppointments since the beginning of 2012.

Transactor reveals profit and growth plans

Ray Vincent, chief executive of Transactor Global Solutions, has confirmed the technology company will report profits “north of £250,000” when it publishes its full year results.

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