insurance news

Thatcham confirms partnership with CATARC

Thatcham Research has confirmed a partnership with CATARC, the China Automotive Technology and Research Centre, to enable the introduction of a vehicle insurance rating scheme into China. Funded by UK […]

Crash for cash dropped by £60m

New figures released suggest the cost of ‘crash for cash’ fraud has dropped by almost £60 million in the last three years following a major crackdown by insurers and the […]

IFB step up battle against fraud

The Insurance Fraud Bureau (IFB) is planning to hold a round table with aggregators next month to talk about how they can work together in the fight against insurance fraud, […]

Keychoice partner with RAC

Keychoice, the insurance distribution business owned by SSP, has signed a new deal that will see the RAC become the exclusive partner for motor breakdown. From early next year, brokers […]

Allianz profitable growth continues

Allianz Insurance has reported ‘profitable growth’ despite what it describes as ‘intensive competition in key markets’. Chief executive officer, Jon Dye, released a statement on Allianz’s progress, ‘I am pleased […]

Young drivers underestimate cost of insurance

More than half of young drivers do not budget enough money to pay for their insurance in their first year of driving, new RAC research reveals. Fifty-six per cent of […]

S&P raises Ageas Insurance rating

Standard and Poor’s (S&P) has raised the rating of Ageas Insurance Limited (AIL) to ‘A’ with a stable outlook, confirming confidence in the financial strength of the business. The announcement […]

Zurich announces 440 job cuts

Zurich today announced proposals to cut up to 440 jobs in its UK general insurance business as part of a programme to reduce costs in the organisation and simplify its […]

Quindell plan on name change

Insurance technology company, Quindell, is planning to change its name to Watchstone Group, pending shareholder approval. The firm is also planning a 10-for-one share merger and a reduction of shareholder […]

Bradford bodyshop involved in insurance scam

The owner of a bodyshop that boasts of clients such as top footballers and music superstars, has paid back tens of thousands of pounds to an insurance company after it […]