insurance

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 […]

UK motor insurance premiums rise

British car insurance premiums have seen a rise of more than 5 per cent in the second quarter compared with the previous three months. The recent announcement in the 2015 […]

Motorist’s potentially driving uninsured

Millions of motorists could potentially be driving with invalid insurance, or far lower cover than they believe to be in place, according to new research from Churchill Insurance. Over a […]

Confused.com – Car insurance premiums up

Comprehensive car insurance premiums have started to rise during the second quarter of 2015, with motorists now paying £21 more than they were this time last year, according to the […]

Solera invest $5m in Chinese training facility

Solera Holdings today announced it will invest USD $5 million to advance the rapidly growing Chinese automobile insurance market with the creation of the country’s first Solera Technology Center (‘STC’) research facility. […]

Why age affects insurance premiums

The Association of British Insurers has published new data today which shows why age is an important factor in deciding premiums for motor insurance policies. The data shows the average […]