Motor – Page 111
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News
Lloyd’s must cut personal lines costs
The Lloyd’s Market Association (LMA) is calling for the administrative burden on motor and other personal lines insurers to be reduced in order to maintain the competitiveness of Lloyd’s. The LMA set up a working party in March to look at the costs of conducting personal lines business at Lloyd’s. ...
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Online onlyStand alone motor PPI is cheaper
Broker advises that it is time to shop around for PPI policies
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Online onlyLloyds TSB announces package for flood victims
Includes emergency payments to help victims secure emergency accommodation
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Heritage Group forms two Malta operations
Companies will underwrite motor policies, and one will be supported by specialist UK brokers
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Drivers warned to check for flood cover
Up to 30% of UK drivers may not be covered for flood damage to vehicles, says comparison website
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DSA-trained bikers set for discounts
Motorcycle insurers and key biker brokers have begun giving double-digit discounts to bikers that take government-approved advanced rider training ahead of the scheme’s official launch next month.Under the scheme, bikers taking lessons from approved Driving Standards Agency (DSA) instructors and achieving the two top grades may claim the discount from ...
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News
Web news…
Kane to succeed SatchellArchie Kane, chief executive of Scottish Widows, is the new chairman of the Association of British Insurers (ABI). He was appointed at the Association's AGM on 18 July and succeeds Keith Satchell who has concluded his two-year term.First published 19 July Rise in home insuranceThousands of homeowners ...
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Equity chief plays down Gibraltar transfer
Less than £50m of business to move from Equity to Advantage says Utley
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Audatex launches new training course
Delegates will take hands on approach in assessing vehicle damage
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Confused.com questions Direct Line boast
Confused.com questions Direct Line's most competitive 'major' insurer claim
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Biba warns against reducing premiums for young drivers
Claims-free drivers could see higher premiums, says trade body
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Admiral launches new online quote process
A new quote process designed to increase quote completion rates
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Online onlyOver a quarter of caravans in the UK are uninsured
Research reveals 28% of approximately 2m caravans in the UK have no insurance
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Online onlyUK driving test leaves Britain's young motorists under prepared
RAC calls for urgent reform of driver training and testing
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News
Premiums must fall for young drivers, say MPs
The insurance industry should re-examine high premiums slammed on learner drivers to encourage more young people to take out policies, the report of an influential group of MPs is expected to say this week. The Transport Select Committee’s report on young drivers, published on Thursday, will urge insurers to ...
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NewsMinister intervenes over car data chaos
400,000 policies were not reported by Direct Line to motor insurance database
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NewsMotor insurers take £25m hit from flooding
Motor claims resulting from the recent flooding could reach as much as £25m, according to the ABI.Some have suggested that the event could act as a trigger for rate increases in the private motor market. But insurers, already reeling from a £1.5bn household bill, have played down the impact of ...
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Online onlyGHLIS introduces EDI private motor product
New full cycle EDI private motor product available to UK brokers in January
