Motor
Brit Q1 results reveal drop in gross written premiums
Brit Insurance Holdings has reported a 13.3% drop in gross written premium (GWP) to £483.5m in the first quarter of 2010 (2009: £557.6m), a decrease of 9.9%
Broking Success: Niche is the word
Emmanuel Kenning meets a Blackburn Rovers fan who started his career on La Réunion, 200 miles east of Madagascar in the Indian Ocean, and is eager for broking to improve its image.
Quinn allowed to sell all car insurance again in the UK
Irish insurer Quinn is back in the UK but has acknowledged it will need to implement significant price changes.
News review: April 2010
Capita Insurance Services set its sights on becoming the largest niche motor broker in the UK, according to the managing director of its most recent acquisition Sureterm Direct.
Solicitors' PI: Quinn: the warning signs
Edward Murray traces Quinn Insurance's somewhat chequered history and asks why regulators allowed it to remain an approved insurer for so long before finally forcing it into administration last month.
E-commerce: Internet rules UK personal lines distribution market
The internet is fast becoming the "only" way to purchase personal lines insurance in the UK as online customers become less loyal and more price sensitive, according to a recent consumer survey.
Schemes news: Equity to provide 'Honda Happiness' motor cover
Honda UK has appointed Equity Direct Broking (EDB) to administer its car and motorcycle insurance schemes.
News: Motor premiums predicted to rise full throttle through 2010
Although car insurance premiums have stalled in the first quarter of 2010 they are expected to rise steeply during the rest of the year, according to research.
News: LV motor book inspires similar growth throughout business
LV Broker managing director, Phil Bunker, has set a target of £100m gross written premium (GWP) for the insurer's small business book by the end of the year as it announced a dramatic turnaround in its financial performance.
News: Allianz committed to grow motor book with brokers
Allianz Commercial has signalled its intent to work closely with regional brokers to grow its motor trade book by 11%.
News: Quinn UK ban reversed
Quinn Insurance has been given permission to re-enter the UK market despite an earlier decision by the Irish regulator preventing it from writing new business in the country.
Carter to head up new joint Fortis and Tesco venture
Fortis Insurance UK and Tesco Bank have unveiled the structure of their general insurance partnership.
New Lloyd's underwriting agency launched
A new Lloyd’s underwriting vehicle, backed by Hiscox, has begun trading in the automobile and mobile equipment industries.
Car insurance premiums have stalled in Q1, says AA
The latest AA Insurance British Insurance Premium Index shows that car insurance premiums have stalled during the first quarter of 2010.
Rival targets broker market
Direct insurer Rival Insurance is venturing into the intermediary market with an online self drive hire fleet offering.
Quinn welcomes regulator's decision
Quinn Insurance said it was pleased with the Financial Regulator's decision to allow it to offer private motor insurance for provisional licence holders.
Junction snaps up Bradford & Bingley's motor and home insurance business
Junction, the affinity specialist intermediary, has announced its acquisition of Bradford & Bingley’s motor and home insurance business.
The Financial Regulator revises stance on Quinn
Quinn Insurance is to be allowed to write provisional motor insurance in the UK.
Motor insurance hikes continue, according to Confused.com
Confused.com, in conjunction with EMB Car Insurance Price Index, has released its results of first quarter 2010.
Equity scoops Honda motorcycle deal
Honda UK has appointed Equity Direct Broking (EDB) to administer its car and motorcycle insurance schemes.
Groupama boosts private motor team
Groupama Insurances has bolstered its private motor team with the appointment of Ian Pritchard as development underwriter.
Capita snaps up motor insurance broker
The Capita Group has acquired specialised motor insurance broker, Sureterm Direct.
Online insurance customers less loyal and more price sensitive, according to research
In the UK 63% of consumers have purchased motor insurance online, 45% home insurance and 23% life assurance, according to research from Accenture.
THB expands London Market team
THB’s specialist Lloyd’s broking arm, Thompson Heath & Bond, has expanded its THB London Market team.