Motor
Car premiums increase by 16%
Confused.com figures show that the discount rate cut played a key part in the rise of premium costs.
Profile: This time it's personal
Eight leading lights from the personal insurance world tell Ida Axling what challenges the market faces and where the opportunities can be found
FCA finds poor practices and warns on broker fee disclosure
Regulator says research shows some motor brokers and insurers fail to clearly disclose fees and how they were calculated.
Meet the techies: Callum Rimmer
Just Miles chief technology officer Callum Rimmer tells us about the opportunities InsurTech can create for brokers.
Ogden takes 25% off Admiral profit for 2016
Admiral’s UK aggregator site’s profit hits £16.5m but the group’s profit share falls to £284.3m due to Ogden.
DLG takes Ogden profit hit
Broker business NIG "stabilising” and direct commercial grows GWP but adjusted discount rate takes a chunk from group profits.
Pukka targets £500m GWP
The MGA is set to move into the Australian market and is seeking further growth in courier.
Principal buys motorcycle book from Rampdale
Deal adds nearly 7,000 bikes to Principal’s portfolio.
Insurers descend on Chancellor to fight discount rate cut
The market has warned that the “crazy” change could see some motor premiums rise by £1,000.
News analysis: Insurers gear up for discount rate change
Fears raised that premiums will rise and consumer churn may increase
Heritage teams with Alps for classic car cover
The motor broker will provide Alps breakdown cover to customers with single and multiple classic car policies.
Axa to "invest heavily" in brokers and innovation
Group CEO for UK & Ireland, Amanda Blanc, says insurer sees continued growth in motor and across commercial lines.
ERS reports small profit for 2016
Motor insurer posts COR of 102.3% following adjustments made to meet the expected discount rate cut.
Allianz would "love" to grow motor account, says CEO
End of year results for 2016 delivered a combined operating ratio of of 96.4%.
Discount rate a "pressure cooker waiting to blow" says Willis Towers Watson
If Ogden rate is changed to -0.5% cost of providing car insurance will rise by £700m per year and the one-off reserve charge could hit £4.9bn.
Junction partners with SunLife
Five-year partnership includes home and motor policies.
A-Plan backer HGCapital set to swoop for KGM Insurance
Two businesses to sit as independent firms in the new ownership structure.
InsurTech Futures: Just Miles to launch pay-per-mile car policy
Founder says new MGA launched because insurance hasn't evolved to meet customer needs.
Vanarama unveils multi-year vehicle lease policy
The product is only available to Vanarama leasing customers.
InsurTech Futures: Cuvva launches new car insurance product
Product aimed at infrequent drivers.
Car insurance premiums at four-year high, says AA
The index showed that the average shop around premium jumped by 5.8% over the last quarter.
Axa rolls out minifleet on Open GI and Applied Systems
Policy can cover up to 15 vehicles at inception.
Car premiums increase by 14%
Confused.com figures show the increase in the final quarter of 2016 was lower than in the same period in 2015.
What’s on the horizon for motor?
Mark Bacon, of ERS, weighs in on the thorny issue of motor rates and the risk to brokers of providers pulling out of the market or collapsing.