Motor
Video: What the Papers Say - latest edition
Insurance Age senior reporter Emmanuel Kenning is joined by colleague Liz McMahon and director of Spotlight Communications, Lesley Russell to discuss the top insurance stories.
Slow down in car insurance price rises
The average price of a comprehensive car insurance policy rose by 2.7% in the second quarter of 2011, according to the Confused.com and Towers Watson Car Insurance Price Index.
Further growth at Be Wiser
Be Wiser Insurance Services has announced a sharp rise in gross premium income to £52.3m from £23.5m in 2010.
Rural targets 5% market share with two new schemes
Rural Insurance has launched delegated authority schemes for two Northern Ireland brokers, including Autoline Insurance Group.
Moody's: Axa's referral fee stance could benefit the sector
Axa’s recent decision to no longer accept personal injury referral fees could benefit the sector as a whole according to credit ratings firm Moody’s.
Cost of motor insurance inquiry re-opened
The Transport Committee has agreed to re-open its inquiry into the cost of motor insurance, in the light of further concerns about the rising cost of premiums.
Products: Aviva returns to telematics with motor fleet product
Aviva has announced its partial re-entry into the telematics arena with a new motor fleet offering.
Products: Allianz and Axa launch commercial motor add-ons
Both Allianz and Axa have launched motor add on offerings in an attempt to court broker favour in the commercial motor arena.
Products: C&A Mackie and Garratts link up to provide cover for 1,000 driving instructors
Preston-based insurance broker Garratts has teamed up with C&A Mackie to provide a scheme to cover driving instructors.
Products roundup: Firms motoring toward London 2012
Commercial motor has been the area which has seen the most action this month. This may be to do with the belief that rates are finally experiencing some kind of hardening in this arena. Aviva has decided to dip its toe back into the telematics pool with…
Profile: Like father, like son
The family team in charge at MCE are channeling their boundless energy into a new network, writes Liz McMahon.
Trade in Dagenham
Emmanuel Kenning meets motor-caravan specialist broker Peter Cue, managing director of Victor Millwell, who believes his white label online offering will smash the £10m premium barrier
Cleaning up the wreckage
By adding value and flexibility to the claims process, we can help to repair the image of the motor sector, says Paul Hoyle
Market could save millions with new telematics offering
Claim Witness has launched a new Telematics “Black-Box” solution designed to provide insurers with both first notification of an accident, and driver data analysis to assist with premium adjustment.
Brokers rate motor top for growth in personal lines
A survey by Mapfre Assistance has rated motor as the product area most likely to drive growth for insurance brokers in personal lines over the next 12 months.
Motor cover for the young to average £3,600 in 2013 says Mazars
Accountancy firm Mazars has predicted motor insurance increases of at least 50% over the next two years for young drivers, taking their typical motor premium up to £3,600.
Jack Straw attacks referral fee system
Former Secretary of State for Justice, Jack Straw MP, has called for referral fees to be banned in an article published in The Times.
Escalating claims decimating UK motor results, says Towers Watson
New figures from the Institute and Faculty of Actuaries have revealed that one in four UK third party motor claims involves a bodily injury element.
Aviva gets £1bn for RAC
Aviva has agreed to sell its roadside recovery firm to the Carlyle Group for £1bn and it looks like current management team will survive.
Sterling uncovers broker confidence schism
Research by Sterling Insurance has revealed that 65% of brokers are confident about commercial lines business growth prospects in the next 12 months while over half saw no prospect of growth in personal lines.
Continuous Insurance Enforcement commences
The Continuous Insurance Enforcement (CIE) legislation has come into force meaning warning letters will be sent to the registered keepers of uninsured vehicles.
Motor market to remain in the red following £2bn loss in 2010
The UK motor market will not return to profitability until 2012 at the earliest as it struggles to recover from the £2bn loss it made in 2010.
Markerstudy unveils commercial broker spree
Markerstudy has revealed that its recent purchase of Blagrove Insurance Brokers is the first purchase in a £100m acquisition spree.