News review: August

NU puts policy on hold Norwich Union said it may wait until 2006 before making its pay-as-you-drive...

NU puts policy on hold

Norwich Union said it may wait until 2006 before making its pay-as-you-drive motor product available to the wider market. The insurer originally

unveiled the initiative in February 2002 after it signed an agreement with US carrier Progressive to trial a telematics system - a black box, real time, vehicle data recorder installed in customers' vehicles. Patrick Snowball, Aviva's executive director of general insurance, said: "Because it is something new, we are still looking

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Market Movement Index: should I stay or should I go?

New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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