Motor
Covéa launches HNW motor product
Policy extends Sterling Executive product line.
Motor premiums leap £59 due to IPT
AA Index reveals 10% leap over fourth quarter of 2015 and fraud also costs £50 per policy.
Car insurance premiums see biggest annual rise since 2011
Research cites higher repair costs and IPT rise.
RCIB buys three motor breakdown brands from ERS
Deal includes transfer of 150,000 customers.
PwC predicts “mixed” household premiums after floods
Competition in household will see premiums drop in 2016 with commercial premiums falling as motor rises following impact of flooding and petrol price reductions.
ABI and Biba launch Code of Good Practice
Code to help brokers and insurers recognise vulnerable customers.
Principal buys second motorcycle book in days
The broker has acquired the motorcycle book of Simply Insurance.
Principal buys BikeTeam from iGO4 Partners
Deal transfers book of 5,000 motorcycle policies to the broker.
RDG continually evaluating acquisition opportunities
Insurer has just bought MGA Midas Underwriting.
Ryan Direct Group buys Midas
Former RSA chief Paul Donaldson to chair the acquired business.
Drivers willing to use smartphone apps to make claims
Research by Etouch Solutions shows more than a quarter of motorists would definitely use apps.
Car insurance rates accelerating as IPT rise kicks in
Average best buy premiums increase 10.9% in the year to 30 November, according to market researchers.
Direct Commercial buys Liberty motor account
Move follows Liberty’s exit from the UK motor market earlier this year.
Covéa poised to launch direct arm
Direct motor insurance is set to go live in 2016 but insurer highlights commitment to intermediated market.
Covéa revamps private car policy
Insurer has used behavioural economics to redesign policy documents in order to aid customer understanding.
Brightside signs five year RAC deal
Broker will sell a range of RAC breakdown products to its customers across its motor book.
Chubb revamps private clients cover to include cyber-bullying
Insurer has made several changes to Initial, Masterpiece and Signature tiers.
Power hour: Finding a foothold in fleet
With constant pressure on rates, insurers pulling out of the market and the rise of technology such as driverless cars, there are lots of opportunities, as well as pitfalls, in fleet insurance
Hawkwell Motor goes live on The Insurer Cloud
MGA launches private motor and commercial vehicle products on technology specialist.
Hastings to focus on growth in home
CFO Richard Hoskins says broker will optimise its business through price comparison websites.
ABI 2015: Driverless cars to change insurance landscape
RSA's Steve Lewis says it is impossible to understand the ramifications of where technology is heading.
Ageas results "solid", says Andy Watson
CEO says claims inflation in motor will be a challenge going forward.
IPT rise to cost young drivers and Londoners most, says AA
Broker warns tax increase could encourage young drivers to drive without cover.
ABI urges clampdown on CMCs ahead of IPT rise
Association says motor premiums continue to rise and action is needed to tackle "unscrupulous" claims management companies.