Motor
Markerstudy buys vehicle repair group
Markerstudy has bought £500m revenue firm Tonbridge Coachworks Vehicle Repair Group.
Aviva has a second bite of the telematics cherry
Aviva is re-entering the telematics market with a "new" way of working with companies’ existing technology.
LV increases Ipswich presence
LV has announced the expansion of its current operation in Ipswich which deals with car insurance queries within the general insurance business.
Markerstudy breaks into commercial motor with broker buy
Markerstudy Group has acquired Blagrove Insurance Brokers, located in Carterton, Oxfordshire.
Brightside splits management roles
Brightside Group has decided to split the roles of chief executive officer and finance director citing the “interests of good governance”.
Allianz launches motor add-on for retail brokers
Allianz has launched Allianz Pro-Motor Rescue, an add-on motor insurance product.
Broking success: Training to gain
Emmanuel Kenning speaks with a profitable, debt free start-up motor broker that is writing more than £50m a year, targeting 250,000 policies within 18 months and focusing on staff training and development
Motoring along
Insurers need to think carefully before introducing private car profit sharing, explains Tony Cornell.
Willis claims industry first with grey fleet scheme
Willis has launched a pay-as-you-go insurance scheme to address issues arising from allowing staff to drive their own cars on business - the so-called grey fleet.
Personal injury costs to approach £10bn, report says
Costs faced by the personal injury insurance industry are likely to rise from £8.4bn in 2010 to £9.7bn by 2014 driven by the growth in the number of motor personal injury claims according to a report by Datamonitor.
M4 and Allianz locked in talks over capacity provision
M4 Underwriting’s coverholder agreement with Allianz hangs in the balance as the pair continue negotiations, Insurance Age understands.
Ageas sees no sign of commercial hardening
Barry Smith, chief executive of Ageas UK, told Insurance Age he had seen no signs of commercial market hardening and indicated that he was not anticipating it happening soon.
Biba queries "misleading" survey on aggregator commission levels
The British Brokers’ Association (Biba) has questioned a recent YouGov survey which stated that the average commission taken by comparison sites stood at 24%.
Ageas returns to profit despite 104.6% COR
Ageas Insurance has revealed profit before tax of £3.9m for the first quarter of 2011, a £9.2m improvement over the equivalent quarter in 2010.
FOS receives record-breaking number of PPI complaints
The Financial Ombudsman Service (FOS) has published its annual review covering the 2010/11 financial year.
Aviva chief hints that market may finally be hardening
The UK could be seeing the first evidence of market hardening in commercial lines, according to Mark Hodges, chief executive of Aviva UK although he declined to predict whether any increase would hold or how far it would go.
Aviva posts improved COR in first quarter 2011 results
Aviva has revealed a 20% increase in general insurance premiums to over £1bn for the first quarter of 2011 (1Q2010: £913m).
Allianz chief hails broker book but laments state of commercial market
Allianz UK CEO, Andrew Torrance, hailed the performance of the insurer’s broker retail book but lamented the continued soft condition of the commercial market as he revealed the insurer's financial performance for the first three months of 2011.
RSA UK growth offset by motor scheme pull out
RSA’s Q1 results have shown an overall rise in UK premiums of 9% to £760m (2010: £697m).
Biba 2011: CIE consumer guide to be rolled out
A consumer guide giving advice to the public ahead of the launch of the new Continuous Insurance Enforcement was today released at the British Insurance Brokers' Association Conference in Manchester.
Brokers are still making their mark in personal lines
Brokers are retaining their customer appeal in personal lines despite the growth of insurance aggregators - though they must remain in tune with customer needs to stay ahead, according to new Aviva research.
Admiral on track to meet profit estimates
Admiral Group’s group turnover for Q1 2011 has increased by 56% to £539m but Confused.com’s turnover remained flat with the insurer citing continued pressure on margins.
Rocketing motor premiums put telematics back on the agenda
Brokers could regain market-share, as reports reveal 40% price increase
Jon Dye: what have you done for brokers lately?
From expanding Allianz Retail’s motor offering and setting up an online comparison service to trying to out-sing Gio Compario, Jon Dye tells us what he’s been up to.