Motor
Quizzical questions: 23 November 2018
Test your knowledge of the week's news with our topical quiz.
Motor insurance pay-outs soar to record levels
ABI data shows that the cost of theft claims has surged by 32% to £271m in the first nine months of 2018.
The Blog Spot: Two sides to the perception gap
The frustration is that insurance has so much to be proud of.
Aviva writing to customers after renewal transparency failing
FCA review led to insurer being “made aware” of problems.
Tony Allen returns to market with NED role
First insurance position following exit from Complete Cover Group and Mulsanne.
Vantage-owner NSM launches second underwriting brand
First Specialty has been set-up following NSM’s buy of UK motor MGA Xpekt.
Pukka moves into private car
Van MGA Pukka Insure has added private car to its offering with capacity provided by QIC Europe.
FCA points to “remarkable” insurer failings as it launches “fundamental” market review
Chris Woolard on why the regulator felt it had to act.
Industry keen to work with FCA following dual pricing review
Biba and the ABI welcome the FCA's move, agreeing with the regulator that the market needs to work as well as possible for all customers.
RAC adds specialist breakdown products to its broker portal
Cover ranges from roadside, up to full UK and European cover.
FCA calls on industry to continue work on dual pricing
Regulator points to guiding principles from Biba and the ABI published in May this year.
Axa enters £30m partnership with Origin UW
Provider to work with the MGA on property, casualty and motor trade products.
FCA to tackle dual pricing in general insurance market study
Chief executive highlights it will consider “all possible remedies” to make the market work for consumers.
Quizzical questions: 26 October 2018
Test your knowledge of the week's news with our topical quiz.
LV signals expanded appetite with four more partnerships
Marmalade, Safeguard, Verex and Home & Legacy switch to the insurer.
Car premiums continue to drop in Q3 2018 according to AA
Customers benefiting from 10% yearly fall.
Clone broker claimed to be from FCA, says Ellis David
The firm’s director stressed that he hoped the fraudsters are “prosecuted to the full extent of the law” now that the regulator is aware of the crime.
Vantage owner, NSM, buys UK motor MGA
The company has bought Xpekt as it seeks to build niche motor business in the UK.
Car insurance premiums see first rise in a year
But prices are still on average 9% lower than a year ago.
LV signs up with Kinetic in six year £75m deal
Insurer partners with MGA for classic, enthusiast, motorhome and specialist motor products.
Management and integration key to Ardonagh success with Swinton, say experts
The £165m price tag seen as fair after initial estimates went as high as £450m.
Ardonagh pledges to keep the Swinton brand
Janice Deakin to be in charge of Ardonagh’s personal lines business following £165m deal as Swinton hailed the "missing piece" in the group's personal lines offering.
FCA warns of clone firm Minsura Insurance
Car insurance fraudsters targeting people in the UK in online scam.
InsurTech Futures: Honcho joins Biba
Start-up is the first reverse auction marketplace to be a member of the broker trade body.