Car insurer AXA has warned that as many as twenty thousand British motorists may be the victims of so-called ghost insurance brokers, and therefore have invalid car insurance. The last few years have seen AXA observe increasing numbers of customers whose alleged broker has submitted false information (accurate information would have caused a higher premium [...]
Insurer Direct Line and road safety charity Brake are urging drivers not to succumb to distraction or stress whilst driving during the forthcoming bank holiday. The call comes as new research reveals that 71% of drivers in the last year have lost concentration whilst driving due to stress induced by inconsiderate road users or other [...]
Aviva has launched “Quote me happy” a new motor insurance brand for those who prefer to deal with their car insurance online. With research showing that 75% of people now shop for car insurance on price comparison sites, the insurer says it is responding to changing customer buying habits in a move that should also [...]
The motor insurance sector has given the green light to volunteers who want to use their cars to help local communities by promising not to charge extra premiums. The commitment to supporting the Big Society comes from 85% of the car insurance sector, and includes 54 insurance brands. The announcement follows discussions with volunteers who [...]
MMA Insurance has announced that it is broadening its product range with the launch of a new Motor Trade Combined product. The new product provides coverage on a comprehensive road risks basis, including business interruption, combined liability, money and assault, and other areas. Optional coverage areas include engineering, legal expenses, loss of MOT licence and [...]
Allianz Insurance has announced that it has formed a partnership with Fix Auto UK for its national accident repair services. The three year deal entails select Fix Auto UK’s fully-branded group of independent bodyshops being granted approval to carry out repairs on behalf of Allianz. At times of the highest demand, the complete Fix Auto [...]
Almost nine out of 10 motorists with The Co-operative’s Young Driver insurance will find more than £100 added to their accounts, having proven themselves safe drivers. Drivers who have kept to speed limits, not partaken of excessive braking/acceleration and avoided racing around corners will be rewarded by the cashback scheme. The manner of driving is [...]
Crawford & Company is warning that the UK’s recent civil disturbances are unlikely to be expressly declared a “Riot” by the police, irrespective of media coverage and references to the same. However, claims under the Riot Damages Act 1886 must be received by the local police authority within 14 days of an alleged incident, and [...]
Allianz says it has restructured its motor repair supplier network in a move that should reduce repair-cycle time. The insurer has consolidated its supplier network into nine regional repairer groups, backed by a national unit that will offer support as and when required. Allianz motor supply chain controller, Jane Riley, comments: “Having consulted with our [...]
A flying toilet roll holder, an invented wedding engagement, a fake photograph and an invisible wall featured among the record number of fraudulent claims detected by insurers in 2010, according to the Association of British Insurers (ABI). Around 133,000 fraudulent claims were uncovered last year (2,500 a week) with the figure up 9% on 2009. [...]
European motorists think Brits abroad are a danger on their roads, according to AXA. In its annual holiday driving survey, the insurer estimates that around seven million Britons are likely to be driving abroad this summer but the research indicates that only one in five Europeans think Brits drive carefully outside the UK. The biggest [...]
Accident assistance group, Helphire, has announced the renewal of terms with Hastings, to provide the insurer’s motor insurance customers with replacement vehicle services in the event of non-fault accidents. The parties have had a similar arrangement over the past two years and Helphire group managing director, Martin Ward, comments: “Hastings is an innovative company with [...]
Equity Direct Broking has been chosen by Silverstone Circuit to administer its classic car and bike insurance schemes. The deal marks a first for the broker in the motorsport and leisure affinities sector, as well as Silverstone’s opening foray into personal lines insurance provision. Equity will offer fully branded “Silverstone Insurance” to an existing customer [...]
Ageas has announced that it is participating in exclusive talks with Chevrolet pertaining to the exclusive provision (to UK customers) of motor insurance products. The five year deal has been agreed in principle and will see the insurer handling all of Chevrolet’s customer sales, service administration and claims service. The deal will enhance growth at [...]
Allianz has partnered with the Vizion repairer network in the UK for all its BMW customers’ motor claim repairs. Commenting on the deal, the insurer’s motor damage supplier controller, Jane Riley, says: “Having worked with BMW since June 2010, Vizion have a track record of delivering exceptional customer service at equitable and sustainable rates.” Vizion [...]
Allianz, following its recent deal with BMW Financial Services, has formed a partnership with Vizion repairer network to undertake direction of repairs for claims made by BMW motor customers. Vizion specialise in prestige vehicle accident repair and will take on responsibility for any repairs needed under the terms of the new BMW and MINI car [...]
Admiral could be badly hit by an outright ban on referral fees, The Sunday Telegraph has reported. According to the newspaper, the Cardiff-based group depends on “ancillary” sales for a high proportion of its UK car insurance profit, and analysts suggest that acceptance fees from personal injury lawyers and the like make up the bulk [...]
BMW Financial Services and Allianz Insurance have announced a new partnership to provide BMW and MINI drivers in the UK with Car, Home and Travel Insurance products. BMW has an arrangement with Allianz that includes Shortfall, Income Protection and Tyre Insurance and other services. Under the terms of the new agreement Allianz will underwrite the [...]
AXA has announced that it will no longer accept referral fees from personal injury lawyers, as it continues to call for whiplash injury reform. The insurer has never sold customer details to personal injury lawyers or accident management companies, and with immediate effect will no longer accept fees from personal injury lawyers when it puts [...]
