Motor
Products: Victor Millwell takes on Aviva’s motorhome book
Aviva has defended its decision to pass on its direct motorhome business to Victor Milwell, saying that it would consider entering into other direct schemes with brokers.
Review: The wheels on the minibus…
QBE Minibus Plus. 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
Review: Extra cover for motor
Pro-Motor Rescue. 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
Debrett’s enters HNW with Sterling
Debrett’s, the self styled modern authority on all matters of etiquette and fine style, has launched Debrett’s Prestige Insurance targeting “discerning home owners”.
Carole Nash's profit squeezed by recession
Carole Nash has reported a reduction in pre-tax profit for the year ended December 31st 2010, the second consecutive year the broker has done so.
Top three crash for cash hotspots maintain position in Q2
The Insurance Fraud Bureau (IFB) has released its second quarter 2011 statistics pinpointing the top 20 areas of the UK affected by crash for cash activity.
Regulator warns of bogus firm offering motor cover for young drivers
The Gibraltar Financial Services Commission (GFSC) has issued a warning to the public regarding Unique Car Insurance.
Motor insurers move to help volunteers
Motor insurers have agreed not to charge extra premiums to volunteers who want to use their cars to help out their local communities such as by taking old and sick people to hospital appointments or on day trips.
Significant scale change pleases Ageas chief
Barry Smith, chief executive of Ageas UK, has claimed the insurer is on track to break the 100% combined operating ratio (COR) barrier but warned again that he saw no real signs of commercial market hardening.
Aviva online motor brand goes live
Aviva has launched its new online car insurance brand, Quote me happy.
Bodily injury claims starting to impact, admits Admiral’s Engelhardt
Chief executive officer at Admiral, Henry Engelhardt, has revealed that bodily injury claims have started to noticeably affect the insurer in the past year.
Ageas increases profit four fold in first half of the year
Ageas has delivered a remarkable turnaround in its profits for the first half of the year but its combined ratio remains stubbornly above 100%.
Analysts predict a profit surge for Admiral
Admiral is expected to report an increase in revenue and pre-tax profits when it posts half year results on Wednesday, according to reports.
New combined product for motor trade market
MMA Insurance has expanded its motor trade range of products with the introduction of a combined offering.
Profits down in QBE’s European operations
QBE has revealed a significant drop in European insurance profits to £123m for the first half of 2011 compared to £146m for the same period of 2010.
Motaquote will still expand branch network, says Lombard
The chief of CCV-owned Motaquote has vowed to continue to expand its branch network despite confirming the closure of seven of its 14 offices in South Wales.
Trimble warns businesses of grey fleet danger
A survey by Trimble has revealed that 60% of business drivers are unaware that they need to insure their car for business travel if they drive their own vehicle on behalf of their company.
Victor Millwell unveils Aviva Direct deal for motorhomes
Victor Millwell has bought the rights to new policies and renewals for Aviva Direct business on motorhomes.
Allianz partners with Fix Auto UK
Allianz Insurance has revealed that it has partnered with Fix Auto UK for its national accident repair services.
Torrance says legal protection business must change
Allianz UK’s chief executive, Andrew Torrance, has confirmed that the insurer’s legal protection business will have to change “significantly” as he reported flat profit levels in the first half of the year despite a £50m increase in gross written…
Axa Assistance appoints new motor director
Axa Assistance UK has announced that Richard Ware has been appointed director and deputy motor general manager.
Travelers Insurance pulls out of Irish private motor market
Travelers has announced that it is to exit the Irish private motor market as of 1 October 2011.
Cost of riots unlikely to affect market rates
Fitch Ratings has predicted that the losses from the recent rioting across the UK will have no impact on UK insurers' ratings.
Allianz overhauls its motor repair network
Allianz Insurance has restructured its motor repair supplier moving to a consolidated supplier network structure consisting of nine regional repairer groups.