insurance news

Insurance software provider The Innovation Group PLC has agreed to a £499m takeover bid from private equity firm Carlyle Group. Under the agreement, the London-listed company will receive 40p per […]

Insurance software provider The Innovation Group PLC has confirmed advanced talks with private equity firm Carlyle Group over a potential offer valuing it at 40 pence per share. The company […]

Slater & Gordon has ‘a commanding market share lead’ in the UK, its managing director claimed today as the Australian-listed law firm announced a 27% in annual revenues to £243m. […]

New analysis by Churchill Car Insurance reveals at least 27,688 cars have been seized by UK police forces in 2015 because the vehicle was uninsured. London is the uninsured vehicle […]

Hastings has posted an increase in GWP which hit £282.7m for the first half of 2015 (H1 2014: £227.2m). COR for the business also marginally improved moving from 90.4% to […]

The police face an increasingly wide ‘skills gap’ as complex connected vehicles and telematics devices become commonplace, according to leading motor fraud investigator, Asset Protection Unit (APU). Connected vehicles are […]

A new platform means honest drivers will finally be able to benefit from lower insurance costs, whilst allowing insurers to target fraudulent claims. The new platform created by technology experts […]

Claims management firm Albany Assistance, has won a contract to provide fault accident claim services for Hastings Direct motor policyholders. Peterlee-based Albany will deliver hire and repair services to all […]

Tantalum, a company owned by City financier Edi Truell, still wants to buy Quindell even though the Serious Fraud Office has launched a criminal investigation into the scandal-hit firm. Chief […]

Data collated by FMG shows an increasing number of fleet operators, insurance companies and brokers are turning to outsourced claims handling experts to help in controlling third party claim costs […]

Motorists should steer clear of cheap insurance deals sold in pubs, clubs, campuses and on dubious websites, according to the ABI. So-called ‘ghost brokers’ sell cheap, but counterfeit, motor insurance […]

Thousands of motorists are paying a high price, in some cases driving illegally, by cutting corners when buying motor insurance according to latest figures out today from the ABI (Association […]