Motor
‘Ghost broker’ jailed after car insurance scam
Man goes to prison for selling invalid motor cover.
Infinity adds three to BDM team
New staff tasked with building relationships with brokers across UK.
Biba signals support for whiplash report
Broker trade body endorses call for government to publish proposals on medical panels and timescales.
Transport Select Committee calls for action on whiplash claims
Committee issues fourth report on cost of motor insurance.
Expertise live: Data validation
The first Expertise Live event of 2014, held in London in association with Zurich, looked at the topic of data validation.
Be Wiser reports annual growth
Profits up as policy numbers rise 23%.
Market debates benefits of competition body proposals
Market debates benefits of competition body proposals
Footman James in classic cars deal with Ageas
Broker says provider complements its ethos.
LV partners with Lloyd Latchford on driving schools
New foray for insurer as it joins broker’s panel.
Motor market will go back into the red in 2014, says EY
Prediction follows news that the sector turned a profit in 2013 for first time in 20 years.
Crash for cash incidents up 50% in 2013, says Aviva
Provider calls for stronger sentences for fraudsters.
Axa confirms Callcredit deal
Partnership adds to insurer’s data enrichment capacity.
CHO calls on CMA to ensure motor market remains competitive
Credit hire body warns that cost savings should not go into insurers' profits.
Biba welcomes CMA's private motor proposals
Trade body says report is encouraging and recommended changes will benefit consumers.
CMA calls for price cap on vehicle replacement charges
Watchdog recommends changes to aggregator clauses for private motor insurance and urges FCA to investigate add-ons further.
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%.