Carrot teams up with RoadHow to support new drivers and plug the Covid learning gap
Carrot Insurance has teamed up with RoadHow to offer a free smartphone app that will help them improve their road knowledge once they have passed their test
Insurance claims appointments: CPP Group, Towergate Insurance Brokers, Minster Law, Coplus
CPP Group appoints new chief executive officer, Towergate Insurance Brokers expands its Welsh claims team, and more
ABI reveals record quarterly fall in the cost of motor insurance
The average price motorists paid for their motor insurance in Q1 2021 showed its biggest quarterly fall, according to the ABI
Reach launches new services for head trauma cases
Neuro rehab specialist Reach Personal Injury Services has launched a new service to spot early warning signs in head trauma cases
McLarens launches independent surveying business
McLarens has launched Brawdia, an independent building and construction consultancy, offering insurance-related surveying services across the UK and Ireland
New CRU data shows continuing decline in motor claims
Motor claims fell to just over 107,000 during the first three months of the year, according to the latest Compensation Recovery Unit statistics
Covéa Insurance chooses DAS UK for cyber product
Covéa Insurance has chosen specialist legal expenses insurer DAS UK Group to provide a cyber insurance product as part of its high-net-worth home insurance offering
ABI reaffirms insurers’ support for office home-workers
A pledge made over a year ago by insurers to support customers adapting to working from home will continue permanently, the ABI has said
Allianz reveals insurance fraud reached £65.8m in 2020
Allianz Insurance detected a record £65.8 million worth of insurance fraud in 2020, as it took on claims farmers, rogue loss assessors and organised crime
CII presidents unite to explore unmet needs
The CII has created a president’s forum to explore customer needs that are not currently being fully met by the insurance profession
UK car insurance premiums down by 14% in last 12 months
Comprehensive car insurance premiums have fallen by 14% (£87) since Q1 2020, with UK motorists now paying £538 on average
RAC extends CPP Group partnership and adds breakdown to Acturis
The RAC has extended its partnership CPP Group UK to include ancillary insurance services for car telematics and van protection, and struck an agreement with Acturis on broker access to its breakdown products
Aon provides supply chain protection for global Covid-19 vaccine shipments
Aon has introduced a new solution, through broad industry collaboration, that will provide supply chain protection for global Covid-19 vaccine shipments
LV= GI launches new ethical standard for its branded bodyshop repair network
LV= GI has launched a new ethical standard for its branded bodyshop repair network, to ensure that suppliers meet the insurer’s corporate social responsibility goals and become ‘greener’
Sedgwick study reveals resilience measures will cut the cost of flood claims
Sedgwick and the University of the West of England have released the findings of a study into the cost and duration of flood damage claims
RAC Insurance sets up in-house personal lines broker
RAC Insurance has set up its own in-house insurance intermediary in an important step towards fulfilling its ambition of exceeding £300 million personal lines GWP by 2023
MoneySuperMarket reports sharp drop in cost of car insurance premiums
Car insurance prices have fallen sharply to reach their lowest point since 2014, with MoneySuperMarket putting the drop primarily down to the significant reduction in driving during pandemic restrictions
Premium Choice chooses ThingCo for new telematics proposition
Independent insurance broker Premium Choice is planning to exploit next-generation telematics technology to support the launch of its first dedicated insurance product in this area
MB&G Insurance Services implements DWF 360 claims management technology
MB&G Warranty Insurance Services has chosen DWF 360’s claims management software, EvoClaim, to improve its customers’ end-to-end claims journey
Sedgwick partners with John Lewis to offer claims solution for home insurance
Sedgwick has struck a new strategic partnership with John Lewis to provide an innovative claims service for its new home insurance product
Insurance claims appointments: Sedgwick, Allianz, MIS, McCarron Coates
Sedgwick appoints head of fraud data, Allianz names new head of Milton Keynes claims handling centre, McKenzie Intelligence Services recruits head of product, and McCarron Coates strengthens claims handling function
Lloyd’s reports £900 million loss for 2020
Lloyd’s has reported an aggregated market loss of £900 million for 2020, including net incurred Covid-19 losses of £3.4 billion after reinsurance recoveries
Cazana works with Somerset Bridge on new automotive data
Cazana, data provider to the insurance sector, is working with claims handling company and managing general agent Somerset Bridge to improve its understanding of its motor book
DAC Beachcroft and Aviva conclude 2,000+ fraudulent motor claims in 2020
DAC Beachcroft’s counter fraud team helped Aviva avoid paying out more than £12 million on fraudulent motor claims last year
FCA reveals value of business interruption claim payments made after test case ruling
The FCA has revealed that approximately £472 million has been paid out in interim and final business interruption claim payments following the Supreme Court’s ruling on the test case
Kennedys IQ introduces AI technology to end-to-end portal claim management solution
Kennedys IQ has taken its solution for compensators to the next level by using AI to assess medical evidence and recommend a damages figure for insurance claims in the Claims Portal
Insurance claims appointments: Cobalt Solutions, IMS, Thompsons Solicitors
Steve Molloy has joined Cobalt Solutions, IMS has appointed Paul Stacy and Thompsons Solicitors has brought in a new senior manager
GRiD figures reveal value of employer-sponsored group life insurance payouts in 2020
Employer-sponsored group life insurance policies paid out almost £100 million in 2020 to cover Covid-19 claims, according to GRiD, the industry body for the group risk sector
Agria Pet Insurance chooses DWF 360’s EvoClaim to support growth
Agria Pet Insurance has implemented DWF 360’s claims and insurance policy management software, EvoClaim, to replace its legacy end-to-end insurance system
