Motor
Ghost broking warning video launched
An animated video warning young motorists about being ripped off by fraudsters selling fake car insurance has been launched today.
Towergate in "advanced discussions" to buy Footman James
Towergate describes potential acquisition as "central" to its growth strategy.
Dye criticises "craziness" of private motor rates
CEO warning over cheap private car premiums.
Allianz records 12% profit leap
Allianz chief Dye hails a "very strong set of financial results".
Admiral Group reports £60m decline in UK car insurance turnover
Provider's turnover down as UK vehicle count remains static.
Equity appoints Aviva's Hudson as commercial chief
New recruit will play essential role in restoring Equity to profitability.
Ageas UK CEO calls for underwriting discipline
Insurer chief praises quarter three results.
Ageas UK records 5.6% profit rise
Insurer posts improved net income and overall COR figures for the first nine months of 2013.
Review: Help with hazards
Oamps hazardous motor policy. This product has been reviewed by brokers and rated from one to five stars, based on the policy’s key benefits. * = Poor ** = Average *** = Good **** = Very good ***** = Excellent
UK General takes on schemes director
UK General turns to BMW man to drive new relationships.
AA sees claims double during St Jude storm
Home-related claims doubled while motor claims rose 20%.
Ghost broker handed three year prison sentence over Aston Midshires fraud
Jail terms handed down over ghost broking scam.
Ernst & Young report warns insurers over competition and regulatory scrutiny
Insurers must change underwriting approach, according to research.
LV endures private motor GWP slump
Provider admits to motor struggles after Laspo reforms.
Axa in new motor product launch
Axa commercial lines and personal intermediary has unveiled a new motor product.
Starling to leave ABI amid executive exodus
Nick Starling is to leave the Association of British Insurers (ABI) in a restructure of the organisation.
Motor premiums plunge by over 10%
The average annual comprehensive car insurance policy fell by 12.4% over the 12 months ending 30 September, according to the AA British Insurance Premium Index.
Allianz and Marmalade in young driver telematics deal
Allianz and Marmalade have teamed up to launch a telematics product aimed at young drivers.
Ghost broker given suspended sentence
A West Yorkshire man has been given a 15-month jail term suspended for two years and a 12-month supervision order for posing as a ‘ghost broker’.
Carrot names Zurich on its panel
Telematics broker Carrot Insurance has added Zurich to its motor underwriting panel.
Car premiums drop to lowest level since March 2010
Average comprehensive premiums fell by 3.9% during the third quarter of 2013, culminating in an overall fall of nearly 14% over the last 12 months down to a national average of £652.
LV launches online cover notes in commercial
LV has launched commercial lines online cover notes that brokers can download and print off.
Axa introduces real-time pricing for brokers
Axa commercial lines and personal intermediary has started the roll-out of insurer hosted pricing for brokers in its motor personal lines portfolio.
Peter Staddon joins MGAA as MD
The Managing General Agents' Association (MGAA) has appointed Peter Staddon as its first managing director, effective from 1 November.