insurance

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 […]

Saga completes motorbike insurer acquisition

Bennetts, one of the UK’s leading motorcycle insurance specialists, has today become part of Saga plc, following the completion of the £26m deal to purchase the brand from BGL Group, […]

Court confiscates £650,000 from ‘ghost broker’

Insurance Age reports that the Old Bailey has ordered £658,460.84 to be confiscated from a ‘ghost broker’ currently imprisoned for masterminding what is believed to be the UK’s biggest fake […]

Direct Fleet Insurance selects FMG

Claims management company, FMG, has partnered with Direct Fleet Insurance, a specialist trading website for fleet insurance. DFI’s solution enables insurers to compete openly with one another as they bid […]

UK watchdog plans yardstick for insurance policies

Reuters reports that British insurance firms may be forced to publish their average payouts and claim acceptances to help consumers decide if policies offer good value under proposals floated by […]

Volvo cuts accident claims by 28%

One of the most comprehensive scientific studies performed on collision avoidance systems in cars reveals that Volvo Cars’ standard City Safety technology reduces insurance claims for rear-end frontal collisions by […]

Drivers ignorant to foreign rules

New research from Gocompare.com Car Insurance has found that British drivers have a worrying lack of knowledge of EU road laws, which could land them in hot water when driving […]

FCA review reveals finance shortcomings

A Financial Conduct Authority (FCA) review has revealed that insurers and insurance intermediaries are not always providing customers with clear information about the different payment options available, when buying general […]

Insurance insider investigation sees three arrested

An Insurance Fraud Enforcement Department (IFED) investigation into the suspected fraudulent sale of an insurer’s confidential customer information has seen three people arrested across Bournemouth and Poole. The City of […]

Insurance website corrupter sentenced

A Liverpool man who manipulated an insurer’s website to get £10,000 worth of car insurance for just £10 has been sentenced. Callum Mullen had previously been found guilty of two […]