Premium deflation slows in the car insurance market
The cost of car insurance may be about to change with new rules on pricing coming into effect and after months of Covid-related contractions, according to Consumer Intelligence
Markerstudy to acquire BGL Insurance
Markerstudy Group has reportedly struck a £400 million deal to acquire BGL Insurance. An official announcement is expected this week
Allianz appoints leader to drive claims improvement
Allianz Commercial has appointed Chantelle Carroll to the newly created role of claims process and improvement manager
Ecclesiastical chooses CoreLogic for property claims processing
Ecclesiastical Insurance will use CoreLogic’s digital claims platform to improve its property claims service as part of a new agreement
Mike Crane becomes new chairman of MIB board
Mike Crane, managing director of LV=’s broker division, is succeeding Steve Maddock as chairman of the board of the Motor Insurers’ Bureau (MIB)
Ryanair partners with Cover Genius to offer embed travel cover
European airline Ryanair will include the option of purchasing comprehensive travel insurance in its booking flow as part of a new strategic partnership with Cover Genius
Cost of settling motor claims rising, finds Willis Towers Watson
Motor claims payout inflation increased by more than 6% during the first six months of 2021, taking the average cost per claim to £5,380, according to Willis Towers Watson
Davies expands its property validation solutions with acquisition
Davies has acquired Building Validation Solutions, a provider of tech-enabled, end-to-end property claims services for the UK insurance market
Crawford Intelligent Fraud Detection launches in the UK
Crawford & Company has launched a new solution to enhance how it detects and manages fraudulent claims for its client
BGL Insurance and Covéa to launch new motor brand in 2022
Personal lines-focused distributor BGL Insurance and insurer Covéa are partnering on a joint venture that will bring a new motor brand to market next year
Named storms bring jump in home insurance claims, says Tesco Bank
The aftermath of the first named storm of the winter that hit the UK at the end of November resulted in the claims team at Tesco Bank Home Insurance having its busiest day of the year
LV= Britannia Rescue highlights common electric car breakdown issues
New research from LV= Britannia Rescue shows that electric car owners are three times more likely to break down because of wheel or tyre problems
Lookers partners with AX for accident aftercare solution
Motor retailer Lookers has selected AX to deliver an accident aftercare solution for its customers
Bike broker BeMoto chooses Minster Law for personal injury claims services
Minster Law has entered into a new, six-year partnership with motorcycle insurance broker BeMoto, to provide personal injury claims services to its growing UK customer base
Covid-19, mental health and bullying among top concerns for schools, finds Ecclesiastical
The impact of Covid-19, mental health and wellbeing, and bullying are among the top risks within the education sector, according to Ecclesiastical Insurance
DAC Beachcroft’s secures important ruling in low-value data breach claim
DAC Beachcroft has secured a decision in the High Court that found a low-value data breach claim should be simplified and allocated to the Small Claims Track
Anexo Group strikes post-accident claims services partnership with MCE Insurance
Anexo Group, the specialist integrated credit hire and legal services provider, has signed a three-year agreement with MCE Insurance for post-accident claims services
BGL Insurance and Auto Windscreens launch new digital claims process
BGL Insurance has launched a new digital claims portal with long-term automotive glazing partner Auto Windscreens
Sector’s best win big at the Personal Injury Awards 2021
Irwin Mitchell, Switalskis Solicitors and Fletchers Solicitors were among the winners at the Personal Injury Awards 2021 ceremony last night
5k+ homes built in high-risk flood areas this year, find LV= GI and Localis
More than 5,000 new homes in areas at the highest risk of flooding have been approved to be built in England in 2021 alone, according to LV= GI and Localis
Pace Rehabilitation strengthens Lower Limb Trauma Clinic with addition of ex-military clinicians
Pace Rehabilitation has strengthened its Lower Limb Trauma Clinic with the appointment of senior professionals who have been involved in the rehabilitation of injured military personnel
Premiums for youngest van drivers fell 18.1%, finds Consumer Intelligence
Van drivers aged under 25 saw their premiums fall 18.1% in the 12 months to October 2021, yet their premiums remain “eye-wateringly high”
Autoglass wins renewed supplier deal with NFU Mutual
Autoglass, the vehicle glass repair, replacement, and recalibration company, has successfully renewed its supplier deal with NFU Mutual
Copart UK undertakes major expansion as demand from insurers rises
Copart UK is creating a new 68-acre operation centre in East Anglia as part of a major expansion programme to meet demand from its insurer customers
Aviva urges action over online financial scams
Insurer Aviva is urging the UK government to include financial scams promoted by paid-for adverts in the scope of the Online Safety Bill
ICEYE to provide flood hazard analysis to McKenzie Intelligence Services
ICEYE, a provider of flood hazard data, has a struck a deal with McKenzie Intelligence Services to support its delivery of property loss numbers to the Lloyd’s market
LV=-branded bodyshops achieve Green Heart status
AW Group and the Vella Group have become the first LV= GI-branded bodyshops to achieve the Green Heart Standard
Kudo to reward customers with the AA-serviced annual breakdown policy
Kudo, the provider of a motor insurance app, has partnered with the AA to provide its customers with an annual breakdown policy when they purchase motor insurance
QuestGates acquires contingency and entertainment claims specialist
Specialist loss adjuster QuestGates has completed its fourth deal of 2021 with the acquisition of Focus Claim & Risk Management
