Motor
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.
Motor premiums up 4.8% in Q3, AA Index reveals
Firm expects further increases following IPT rise but home premiums continue to drop.
Broking Break: Your Top Five on Friday
It’s been a busy week in broking. In case you missed them, here are the five most popular stories.
Liberty exits UK motor market
Insurer says book will close to new business from 1 November 2015 as it cannot give "stable and ongoing commitment" to customers.
Applied Net 2015: Comparing Google
Market expert investigates the changes that Google Compare is already delivering to consumer mind sets and the possible outcomes for insurance in the US.
Private motor insurers revert to losses in 2014, says Towers Watson
Report by firm shows the underwriting profit made by the sector in 2013 disappeared the following year.
Broking Break: Who wants to insure 007’s motor?
Caunce O’Hara counts the cost of espionage and spying as they examine how much it would be to insure James Bond’s Aston Martin.