MOTOR – Page 96
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Features
Motor safety issues
Insurers have a role to play in helping to cut the death toll on UK roads. Sarah Kennedy reports from the ABI motor conference
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News Analysis
Insuring the twilight years
As the population of the UK ages, more insurance companies are targeting the older consumer. But are they offering a fair deal? Michael Faulkner reports
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News
Motor market losses will increase, says Deloitte
The UK private motor market will fall further into the red in 2007, despite sustained rate increases during the year, according to Deloitte.The professional services firm said in a report that the motor market’s underlying loss would drop further from its 2006 performance before improving slightly in 2008, although still ...
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News
NU telematics system highlights driver fatigue
More than half the motorists monitored by Norwich Union’s (NU) telematics devices are exceeding the government-recommended maximum journey time without taking a break, running the risk of fatigue-induced collisions, said the insurer.Kay Martin, head of telematics, proposition and strategy for NU, said fatigue and nodding-off behind the wheel was one ...
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Paint fire engines yellow, says research
Fire engines should be painted yellow to make them more visible, according to research.Motor insurance provider yesinsureranc.co.uk said its research and a number of other studies showed that vehicles painted with darker colours, such as red, are often less visible than those which are yellow. In the insurer's research, conducted ...
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News
Brokers in HNW merger
Two brokers that have merged to specialise in the high net worth (HNW) market have ruled out acquisitions claiming that brokers who have acquired are losing clients.Smith Ross Shane and Greenfield Risk Services are to join forces to form Smith Greenfield Services. But managing director Steve Smith said it would ...
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News
New Lorega chief to target high net worth
John Sims, the new chief executive of claims advocate Lorega, is targeting the high net worth personal lines market as part of his growth strategy for the company. Personal lines clients currently account for only 5% of Lorega’s business, with the remainder being commercial customers.Sims, who joined Lorega in September ...
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News
Consultation on novice drivers
The government will launch a consultation on whether to overhaul the rules for novice drivers next month, the Department for Transport (DfT) said this week. It follows a report from the Commons Transport Select Committee on young drivers. Recommendations put to government included calls for zero alcohol levels for the ...
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News
Insurers face supply shortage as bodyshops decline
Falling numbers of bodyshops blamed on insurers’ demands for low-priced repairs
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Insurers' discounts push new drivers to Pass Plus
Swinton offers up to 35% off annual premiums for drivers with Pass Plus
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AA: downwards trend in home insurance premiums ends
AA Index says the falling trend in home insurance premiums has come to an abrupt end
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News
Roadsure sold to sister company Premium Choice
Up to 30 staff will be affected by the sale of broker Roadsure to sister company Premium Choice. Northampton-based Roadsure will move to Premium Choice’s Birmingham office following the sale this week, which was part of a restructure by parent company Optimas.Roadsure director Neil Beckingham said there would be ...
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News
Private motor rate rises fuel market recovery
The private motor market is continuing to show signs of recovery, with two surveys showing further rate increases. But there were warnings that rates must increase significantly if the market is to make a profit. Deloitte said motor rates increased by an average of 1.4% in July and August. This ...
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News
AA and Saga reveal post merger plans
The full details of the Saga and AA merger have come to light this week as four senior directors left the AA and a new group management structure was put in place.In an exclusive interview with Insurance Times, group commercial director John Potter outlined the merged company’s new structure, employment ...
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Post Office expands insurance team
Four key appointments to drive product and consumer base growth
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NewsTradex to target homes in high net worth drive
Tradex is to continue its expansion into the high net worth sector following the expiry of legal restrictions on its chairman. The motor trade specialist is gearing up to target the high net worth home market after a restrictive covenant on the chairman, Tony Lumsden-Cook, expired at the end of ...
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NewsAA/Saga merger threatens 2,000 jobs
?The £6bn merger of over-50s insurer Saga and the AA will lead to more than 2,000 job losses, the GMB union has warned. The warnings came amid fierce speculation about how the merger, which completed this week, would affect insurers’ trading relationships with the two companies. GMB national officer Paul ...
