insurance news

IFB step up battle against fraud

The Insurance Fraud Bureau (IFB) is planning to hold a round table with aggregators next month to talk about how they can work together in the fight against insurance fraud, […]

Keychoice partner with RAC

Keychoice, the insurance distribution business owned by SSP, has signed a new deal that will see the RAC become the exclusive partner for motor breakdown. From early next year, brokers […]

Allianz profitable growth continues

Allianz Insurance has reported ‘profitable growth’ despite what it describes as ‘intensive competition in key markets’. Chief executive officer, Jon Dye, released a statement on Allianz’s progress, ‘I am pleased […]

S&P raises Ageas Insurance rating

Standard and Poor’s (S&P) has raised the rating of Ageas Insurance Limited (AIL) to ‘A’ with a stable outlook, confirming confidence in the financial strength of the business. The announcement […]

Zurich announces 440 job cuts

Zurich today announced proposals to cut up to 440 jobs in its UK general insurance business as part of a programme to reduce costs in the organisation and simplify its […]

Quindell plan on name change

Insurance technology company, Quindell, is planning to change its name to Watchstone Group, pending shareholder approval. The firm is also planning a 10-for-one share merger and a reduction of shareholder […]

Bradford bodyshop involved in insurance scam

The owner of a bodyshop that boasts of clients such as top footballers and music superstars, has paid back tens of thousands of pounds to an insurance company after it […]

Two men sentenced for staging crash

Two men who met and became friends in prison were yesterday (Thursday, 5 November) sentenced at the Old Bailey after staging a ‘cash for crash’ accident in order to claim […]

IFB launches landmark consultation

The Insurance Fraud Bureau (IFB) has taken a landmark step towards extending its services to defendant lawyers, investigators and other industry suppliers, by launching a consultation on ‘affiliate membership’. The […]

Direct Line’s prices exceed expectations

Direct Line Insurance, Britain’s largest motor insurer, reported a bigger than expected rise in motor insurance prices for the third quarter, helping to boost its sales. The insurance firm, whose […]

DCML and In-Car Cleverness partner

DCML has partnered with vehicle-to-business software provider, In-Car Cleverness, to create DCM Connected – an advanced dealer and fleet management tool that incorporates telematics. The addition of telematics to the […]

Research highlights unreported incident scale

Research released following the end of British summer time has revealed that more than one in three drivers have been involved in an unreported incident with another car during the […]