News from the Insurance Times website

Young driver warning

Biba warned that suggestions from the Transport Select Committee for the insurance industry to reduce premiums for novice drivers could lead to increased premiums for claim-free drivers. The trade body said the higher cost of claims caused by young drivers should be reflected in their premiums. Biba is calling on the government to ensure greater awareness of the requirement for insurance and the consequences of un-insured driving.

First published on 19 July

Direct Line ad criticised chief executive James Harrison has hit back at a Direct Line advertising campaign. Harrison said: “The word middleman suggests that customer will pay more for a policy if it’s bought through a comparison service. This is not the case.”

First published on 23 July

R3: buys Forces Travel

R3: Group is set to strengthen its position in the police and armed forces insurance sector with the acquisition of the Forces Travel business. The acquisition of Forces Travel, which provides travel and holidays to the armed services both in the UK and overseas, is part of the R3: Group’s growth strategy in the affinity sector.

First published on 20 July

Essex appoints United

United Insurance Brokers' UK division has been appointed by the Essex Chamber of Commerce as its preferred insurance broker.

First published 20 July

Ai mandates Thatcham

Claims Solutions provider Ai has mandated the Thatcham BSI Kitemark across its repairer network, becoming the first motor claims company to do so.

First published on 20 July