insurance

100,000 parents ‘fronting’ insurance

New research from The Co-operative Insurance reveals that around one hundred thousand parents are currently ‘fronting’ motor insurance for their offspring. One in ten of parents of young drivers in […]

Average motor premiums up 4.6%

The average motor insurance premium rose 4.6% in the year to August, according to market analysis from Consumer Intelligence. However, the same report also states that premiums for under-25’s are […]

Cuvva to launch Pay and Go insurance

Insurance provider Cuvva, will offer a new type of UK car insurance through a smartphone app that gets you covered on a car for only as long as you need […]

Vista Equity to buy Solera for $3.74 billion

Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in […]

The cost of total losses is £2 billion

Nearly 12 percent of all crashes over the past year resulted in at least one vehicle being written-off, according to new research by Accident Exchange. Analysis of 40,000 collisions handled […]

Mitsui Sumitomo to buy Amlin for £3.7m

Japanense firm Mitsui Sumitomo Insurance Co. has agreed to buy UK insurance company Amlin PLC for £3.47 billion ($5.3 billion), in the latest consolidation of the global insurance market. The companies said Amlin shareholders would […]

Direct Line guarantees hire car cover

Motor insurance provider Direct Line has launched guaranteed car hire cover as a standard feature of its comprehensive car policy. All new and existing Direct Line customers are now entitled […]

BMW launches upgraded shortfall cover

Working with Allianz Global Assistance in the UK, BMW Group has launched a new Shortfall Insurance product for BMW, MINI, BMW Motorrad Retailers and Alphera Partners. The new product helps […]

Whiplash comeback sees insurance costs increase

Drivers are expected to face a 15 per cent rise in car insurance costs this year due to the recent rise in fraudulent whiplash claims. Insurance executives believe unscrupulous claims management firms, […]

Dashcams should mean cheaper insurance

Almost two thirds of motorists believe their insurance premiums should be cheaper if they have a dash cam fitted according to a new poll by Motorpoint. The online survey by […]

Impact of Driverless Cars presentation

A discussion on the ‘Impact of Driverless Cars on Logistics and Insurance’, plus new Business Models and related case studies will be presented during the second edition of Frost & […]

Thirty-eight charged over ‘cash for crash’

Thirty-eight people have been charged over an alleged ‘crash for cash’ insurance fraud in Cumbria. Police said the offences took place across the county between 2010 and 2014, and the […]