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NW retains preferred supplier status
- 10/08/2015
- Posted by: Simon Wait
- Category: News
National Windscreens, the UK’s largest independently owned windscreen repair and replacement specialist, is pleased to announce that it has retained its preferred supplier contract with Amlin Insurance. Specialty insurer and reinsurer, Amlin, has worked with National Windscreens for the past three years and [...] -
Snap-on Acquires Ecotechnics
- 10/08/2015
- Posted by: Simon Wait
- Category: News
Snap-on Incorporated, a leading global manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, announced that it acquired the assets of Ecotechnics for approximately $13.0 million in cash. Based in Sesto Fiorentino, Italy, [...] -
Esure premiums set to rise
- 10/08/2015
- Posted by: Simon Wait
- Category: News
Online insurance firm Esure has said its premiums are set to rise after an increase in small injury claims. Shares in the firm fell more than 9% after half-year underlying pre-tax profits slid 21.3% to £46.5m. The drop was in part due to profits in the firm's motor insurance business falling 80.7% to [...] -
Smarter remarketing strategies needed for 2016
- 10/08/2015
- Posted by: Simon Wait
- Category: News
Smarter re-marketing strategies will be needed by manufacturers and major vendors such as leasing companies if they are to be successful in the used car market during 2016. Glass's says that volumes of vehicles reaching the market will continue to grow as PCP returns and the effects of a strong new car market feed [...] -
Takata sees profit despite global recalls
- 06/08/2015
- Posted by: Simon Wait
- Category: News
Japanese car parts manufacturer Takata saw a 3 billion yen (£15.4m) net profit in the three months to June, compared with a 38.65bn yen loss a year earlier. The company has been at the centre of a huge global recall over faulty airbags it supplied to numerous car companies. The airbags have been linked to six [...] -
Aviva 2015 Interim results announced
- 06/08/2015
- Posted by: Simon Wait
- Category: News
Insurance provider Aviva PLC, today announced its half year results for 2015. HY15 numbers include Friends Life from 10 April 2015, the acquisition completion date. HY14 is Aviva standalone. Profit Operating profit £1,170 million (HY14: £1,071 million) Underlying growth and Friends Life contribution [...] -
Ageas UK reports rise in profits
- 05/08/2015
- Posted by: Simon Wait
- Category: News
Insurance provider Ageas UK, today released its half year report showing an increase on year on year profits, helped by better weather conditions and an improved Commercial result. The group reported a net profit of GBP 29.5 million compared to a profit of £25.3 million (6M 2014) and an overall combined ratio [...] -
New appointment at Glass’s
- 04/08/2015
- Posted by: Simon Wait
- Category: News
Jayson Whittington has been appointed to the newly created role of manager of commercial vehicle and leisure valuations at Glass's. The new position will cover all commercial and leisure vehicle valuations - the latter including motorcycles, caravans and motorhomes. Jayson joined Glass's in March 2014 and has a [...] -
Axa profits up 2.3%
- 04/08/2015
- Posted by: Simon Wait
- Category: News
Axa’s first-half profit rose 2.3 per cent, helped by higher life-insurance earnings in the U.S. and France. In a statement released by France’s largest insurer, profits climbed to 3.08 billion euros ($3.37 billion) from 3.01 billion euros a year earlier. Operating profit rose 12% to 3.1 billion euros, beating [...] -
Service King acquires Cathedral City Collision
- 04/08/2015
- Posted by: Simon Wait
- Category: News
Service King Collision Repair Centers, a multi-state operator of collision repair centers and one of the fastest-growing collision repair companies in the US, announced continued expansion in the southern California market after reaching an agreement to acquire Cathedral City Collision. Service King and Cathedral [...]