Motor
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%.
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.