Motor
Motor market turns profit for first time in 20 years, EY reports
Firm warns that turnaround may be due to reserve releases.
ERS takes Byford from Axa to lead retail underwriting
New recruit brings over 18 years’ experience to the role.
Editor's letter - June 2014
“I can’t escape the feeling that the very foundations of RSA’s approach are shaky”
RSA pulls away from the personal lines broker motor market
Insurer says motor market shows no sign of improving but brokers and other providers disagree
Lockton buys Yorkshire-based motorsport broker
MIS Motorsport covers Formula 1 to karting.
Insurance fraud hit £1.3bn in 2013, ABI reveals
Fraud figures up 18% on 2012.
Debt costs reduce Hastings’ profit
Business saw rise in GWP, customers and revenue in first quarter of 2014.
Lark partners with Law Society
Broker to supply motor product to Law Society members.
Motoring on
The biggest news this week for brokers was the news that RSA is reducing its personal lines motor book by 35%.
Broker Direct commits to price match RSA personal motor business for members
Company vows to maintain deal for at least 12 months.
RSA reveals 800 brokers affected by motor cuts
Provider commits to a "sensibly managed handover period".
RSA reduces personal motor broker business by 35% and cuts 40 roles
Provider will downsize Belfast and Manchester operations.
Covéa personal lines chief Batabyal departs
Colin Batabyal leaves after almost four years with the business.
Watson pleased by growth
Ageas boss confident on prospects in commercial with the firm “open for business".
Products focus for Biba 2014 - ERS
Commercial director of ERS, Sam Hudson and head of commercial motor Scott Tilbrook joined Insurance Age’s David Worsfold to talk through the provider’s two new offerings available at Biba 2014.
ERS launches two motor policies
Broker-only insurer unveils specialist commercial vehicle and motor panel consolidation propositions.
QBE makes double promotion with director appointments
New leadership announced for UK & Ireland motor and casualty units.
Southern Rock records £8.7m post-tax profit in 2013
GWP up 7% to £74.8m.
Products focus for Biba 2014 - Markerstudy
Insurer launches FRED.
Brokers expect car insurance industry to grow by 14% by 2019
New research shows industry is optimistic.
Review: Keeping on the road
Private client motor. 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
Motor faces continued downward spiral
Brokers keen to work with decision makers at partner insurers
In-depth: Happy days here again?
The commercial property owners sector survived the recession relatively unscathed, but could the strengthening economy threaten its performance? Edward Murray asks
Unrated provider Gable to write UK motor business
Lichtenstein company will start operating in motor classes in Q4.