Tag Archives: insurance news

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 over £16k on their car insurance. Kais Bougoussa, aged 46 (1/5/69) from Stratford Road, E3 pleaded guilty to conspiracy to commit fraud by false representation at the Old Bailey on […]

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 consultation, launched today, invites suppliers assisting insurers in the fight against fraud to register their interest in IFB membership by 30 November 2015. Focused primarily on detecting and disrupting organised […]

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 brands include Churchill, Green Flag and Privilege, announced an 8.4 per cent rise in risk-adjusted motor prices. The company also stated it had cut costs by 7 per cent in […]

TP insurance holders pay more

Motorists are being warned not to assume that third-party insurance will be the cheapest option after research found they were being quoted up to £4,000 a year more for policies that offer less cover than fully comprehensive plans, according to The Guardian. Around nine in 10 drivers choose comprehensive motor insurance because it offers the best level of protection against injury […]

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 offering will mean it now not only manages and insures the fleet, but will also enhance visibility and control of vehicles, allowing dealers and fleet managers to understand where their […]

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 winter months. The survey by dash cams retailer, LaptopsDirect.co.uk, quizzed 1,000 car drivers on their experiences of driving during Greenwich Mean Time (GMT). It found a third have been involved […]

Insurance premiums increase by 4.8%

Car insurance premiums have risen by 4.8% in the third quarter of 2015, according to the latest AA British Insurance Premium Index. The AA has said that the average ‘shop around’ quote for car insurance had risen to £569, an increase of £26 over the three months ending 30 September, and the second successive quarterly increase this year. According to […]

ABI outlines effects of IPT increases

With less than a week to go until Insurance Premium Tax (IPT) increases on the 1 November 2015, the Association of British Insurers (ABI) is setting out the key facts about who will be affected by the change. The standard rate of Insurance Premium Tax – the tax paid each time an insurance policy is purchased in the UK – […]

AXA merges UK and Ireland

AXA UK will bring all of its insurance business under one leader with the news that AXA Ireland has been added to the remit of Amanda Blanc, CEO of AXA Insurance, UK & Ireland as of 1 January 2016. The decision to bring all the insurance businesses together for the first time brings AXA UK’s operations in line with AXA […]

FirstCar and Creditplus announce partnership

FirstCar has announced that it has agreed a partnership with Creditplus to help young drivers find affordable car finance for their first cars. The partnership will grant readers of FirstCar access to one of the leading car finance providers in the country, with exclusive deals and packages planned for the future. James Evans, FirstCar publisher said, ‘Most young drivers struggle […]

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