Motor
The Blog Spot: Action not words
In Pride month, Sian Barton says it’s good to see some action that goes beyond slapping a rainbow flag on a logo as Zego announces a policy to help trans and non-binary staff in the business.
Aioi Nissay Dowa partners with Flock for motor fleet products
The two firms have said that their motor fleet insurance products are now available to self-drive hire, own goods, courier, and tradesperson fleets across the UK
Analysis: Gefion collapse highlights risks of unrated capacity
Niche brokers say they have no choice but to use unrated insurers as compliance experts call for a change of the "unfair" FSCS levy system after the scheme steps in to pay claims following Gefion's bankruptcy.
Mark Wilson's Abacai makes six leadership hires
Motor insurtech says the new leadership team joins as the group "eyes the significant opportunity to better serve customers" following the FCA's dual pricing ban.
XS Direct secures UK location with Brightside MGA buy
CEO Chris McCann tells Insurance Age about entering the UK market post-Brexit and reveals the Dublin-based company’s plans for the future.
What fraud trends should brokers watch out for?
Insurance Age talks to the LV fraud team about the emerging fraud trends brokers need to be aware of.
How are brokers adapting to millennials’ needs?
Experts discuss the challenges that motor brokers need to overcome to attract and retain younger customers and how they can use technology to make cover more affordable.
Blog: Regulation, the FCA and value – how to stay on track when choosing products and partners?
RAC's Ian Lloyd discusses why breakdown insurance remains relevant today despite improvements in automotive technology and what brokers need to think about when choosing products for their customers.
FSCS declares unrated Gefion has failed
The troubled Danish insurer, which sold motor policies via brokers and MGAs in the UK, went into liquidation last year after its insurance license was withdrawn by the Danish regulator.
RSA boss Egan commits regional broker focus following Intact takeover
Egan says RSA's turnaround phase is over as he discusses what the sale to Intact will mean for the UK and International business.
Brightside's MGA Kitsune sold to XS Direct
Deal comes after Brightside announced last November that Kitsune was to close the new business and go into run-off.
Ghost broking remains "significant threat", warns Aviva
Provider says general insurance fraud escalated during the pandemic as it predicts recessionary factors caused by Covid-19 have "created the biggest fraud threat to customers in a generation".
Financial and Legal launches excess protect product
The insurer says brokers can sell excess cover either as a stand-alone add on to a primary home or motor policy, or it can be tailored to protect customers across a range of excesses.
Industry warned of "bumpy ride" ahead after FCA confirms dual pricing ban
While insurance experts have welcomed the regulator's new rules on pricing, coming into force in January 2022, some warn that the reforms will present challenges for the sector.
FCA wraps up rules on dual pricing ban
The regulator has said that the new rules on pricing, auto-renewal and data reporting remedies come into effect on 1 January 2022.
A-Plan opens branch in Haywards Heath
The broker has said it plans to open four more branches in the next six months.
Mulsanne accuses Marshmallow of trying to "dump" clients
In an ongoing court battle Mulsanne claims Marshmallow has proposed to "dump" its clients in what the insurer brands a "potential serious regulatory breach".
Covid-19 lockdowns push van premiums down 2% year-on-year
Data from Consumer Intelligence also shows that each time the UK has emerged from lockdown, prices have increased again.
Right Choice targets further deals after Bennetts buy
CEO Mike Joseph talks to Insurance Age about Bennetts, the Right Choice acquisition of the Fresh-brands and outlines his plans to grow the motor specialist.
Marshmallow denies stealing trade secrets
Mulsanne launched a case against the start-up in March this year and is seeking to claim £39m in damages.
Profile: Motoring along
CEO of motorbike specialist MCE Julian Edwards tells Insurance Age how the broker has evolved, how the the market is changing and what the future holds for the business
FCA spent nearly £4m on dual pricing market study
Staff costs made up most of the total spend as the FCA also reveals it received 101 responses to its consultation paper outlining proposed remedies, which included a ban on dual pricing practices.
Mulsanne v Marshmallow legal case to split
Court documents show the trial as to liability will take place this year after Mulsanne accused Marshmallow of stealing trade secrets.
Right Choice to buy Bennetts
Bennetts has finally found a home after Ardonagh divested its purchase of the motor specialist last year following a CMA investigation.