The Financial Conduct Authority has proposed banning retail motor and home insurance dual pricing in a package of measures designed to enhance competition, give fair value to customers and increase trust.
Former Axa and UK General Insurance CEO Peter Hubbard has been appointed as non-executive chairman of broker Be Wiser Insurance, Post can reveal.
In August, Aviva announced that it was aiming to roll out a motor insurance product under its main brand on price comparison websites this autumn.
The three groups eyeing up a takeover of the AA have been given an extra 28 days to make an offer for the business with the deadline moved back from today.
Insurers have welcomed the government’s consultation into the safe use of automated lane keeping systems in vehicles but warned against making the “huge leap” of believing this “clever bit of technology” is the same as an automated car.
Falling average motor premiums may represent less significant savings for individual consumers than at first glance, experts have cautioned, while a swift return to pre-Covid motor premium levels is "not inevitable."
Sabre senior independent director Andy Pomfret will take over from the insurer’s chairman Patrick Snowball at the beginning of September.
Ardonagh’s decision to roar ahead with the takeover of motorcycle specialist Bennetts less than a fortnight ago raised a few eyebrows, but really it should not have done.
Compare the Market owner BGL Group is aiming to grow its partnership with Lloyds Banking Group to one million policies as the pair signed a five year extension on their exclusive motor and commercial vehicle insurance deal, Post can reveal.
The merger of Northern Ireland brokers Abbey Insurance and Autoline Insurance as Abbey Autoline on 1 September will create a £119m gross written premium growth focused firm that has an eye for striking takeover deals, managing director of the newly…
The Competition and Markets Authority has ordered Ardonagh not to integrate with Bennetts, transfer control or stop competing with it as the consolidator completed the deal to buy the motorcycle specialist.
Ageas UK has reported a post-tax profit of £22.8m for the first half of 2020 reversing a loss of £2.7m in the first quarter.
I-Wonder has partnered with Go Compare for the launch of a Sorn insurance comparison service.
With Team KDA emerging as the winners of the podcast challenge, the apprentices now move onto their next task.
Aviva is targeting this autumn for the next stage of its move onto aggregators after a trial with Confused, Colm Holmes, Aviva CEO of general insurance, told Post.
The takeover offer from Finnish insurer Sampo and South African financial services firm Rand Merchant Investment holdings is a ‘real vote of confidence’ for UK Insurance, Hastings chief financial officer John Worth told Post as Hastings released its…
Finnish insurer Sampo and South African financial services firm Rand Merchant Investment Holdings have agreed a £1.66bn takeover with the directors of Hastings.
Direct Line Group remains open to inorganic growth from acquisitions and partnerships despite the Covid-19 impact, DLG chief financial officer Tim Harris has confirmed.
Motoring group The AA has confirmed holding takeover talks with three private equity parties as it discusses “a wide range of potential refinancing options”.
A year into his role and Michael Lee, CEO of First Central, explains to Jen Frost what he believes are the three elements needed to be successful in motor insurance
Connected claims is the driver to take telematics closer to the mainstream, says Trak Global CEO Corrie
The next generation of telematics will involve low cost hardware coupled with smart phones and be based around the connected claims journey.
Hastings has confirmed it has been approached by Sampo and Rand Merchant Investment Holdings with a potential cash bid for the business.
Briefing: Tesla CEO Musk warns incumbents it is building a 'great, major insurance company'. Should they be worried?
On last week’s Q2 briefing call Tesla CEO Elon Musk told insurers he is coming for their actuaries, to help him start an insurance ‘revolution’. But could his obsession with data and math have blinded him as to where the real battle in motor insurance…
The cost of motor insurance fell to the lowest quarterly level since 2016, according to statistics from the Association of British Insurers.