Fleet insurance - Page 10

The Royal Society for the Prevention of Accidents (RoSPA) has signed an exclusive agreement with insurance telematics specialist MyDrive Solutions.

Fleets have described the impact of whiplash injury claims on insurance premiums as “massive” and called on the Government to do more after ministers, consumer groups and insurers held a summit in London.

Telematics Update will bring together more than 250 insurance telematics experts, including Generali, Insurethebox, Directline and Daimler, at the Insurance Telematics Europe 2012 Conference, on May 9-10, in London.

TomTom and Towergate have joined forces with the aim of reducing road risk and lowering fleet insurance premiums for businesses as part of Towergate’s Fleetcare+ product.

Tracker is continuing to invest in bringing its telematics solutions to the insurance industry with the appointment of Mark Thomson as director of insurance development.

New study reports an increase in cases of motor insurance fraud.

The British Insurance Brokers' Association (BIBA) has set out its Budget priorities to recognise the importance of risk management and insurance protection to assist growth and business resilience.

TomTom fleet management technology has been recognised by Equity Red Star as a key component in a new product aimed at lowering risk and insurance premiums for businesses.

Fleet Alliance has launched a new fleet insurance offering in a bid to help fleet customers control rapidly escalating insurance costs by providing access to some of the most competitive fleet insurance rates available.

Against the backdrop of the ongoing referral fee debate and the wider industry enquiry into the rising cost of motor insurance, 2012 is primed to be a turbulent year for the busy fleet manager.

The Prime Minister met with the insurance industry, consumer and business groups this week to discuss the rising premiums that many drivers, families, consumers and businesses are facing, and the action that the Government is taking to help bring these down.

AA Insurance, has turned to technology to launch a new ‘pay how you drive’ policy. Called AA Drivesafe, it provides the tools to help drivers, especially new and inexperienced ones, improve their driving safety.

TomTom has made a move into the insurance market by providing the technology behind a new insurance product, which bases premiums on driving behaviour.

Zurich has won an award for its Fleet Intelligence offering from global research and consulting firm Celent in their annual Model Insurer awards, which recognise insurers for ‘innovation in service’.

An investigation team is fighting back against ‘crash for cash’ fraudsters and other bogus claimants, having completed its most productive period to date, with more than £5 million worth of bogus claims thwarted in 2011.

Fleet operators can fight excessive insurance cost increases driven by opportunistic personal injury claims, Alphabet said today.

MPs have called on the insurance industry to abandon sharp practices in the management of car accident claims to curb the runaway cost of motor insurance premiums. The cross party Transport Committee has also called for the Government to impose a higher threshold for the payment of any compensation in whiplash cases.

Ford has signed its first fleet – Skillnet – to its no-fee accident management programme after revealing the scale of the problem with the industry’s current business model.

The Metropolitan Police Service has been helping camera company Roadhawk develop the next generation of in-cab cameras for fleets as a weapon against insurance fraudsters.

Peter Ashdown-Barr, chief executive, InterResolve, on the reduction of referral fees.

Insurers are increasingly turning their attention to more accurate ways of assessing motoring risk, including telematics.

Researchers have been awarded initial funding from the Institution of Civil Engineers (ICE) Research and Development Enabling Fund to undertake a six-month research project into the performance of repair work on potholes.

Concerned about the growing “compensation culture” and the knock-on effect of rising insurance premiums for everybody, the Government has recently announced that personal injury referral fees will be banned.

Allianz Commercial has reshaped its executive responsibilities to meet challenges of the market and reflect the ‘outstanding talent’ within the business.

Overinflated driving insurance costs could be a thing of the past thanks to an initiative which could encourage cuts in premiums by up to 35%, says mycamerawitness.

Research from Towers Watson and Confused.com has identified that the average cost of motor insurance has soared to £843, up by 12.3% on last year.

New research by Finaccord estimates that the market for motor insurance for fleet vehicles across ten European countries is worth EUR 15.8 billion in premiums for 2011.

Neille Ryan, partner, expert in personal injury cases at law firm Furley Page, looks at moves to cut insurance costs.

AA Insurance has expanded its commercial insurance offering to bring a range of commercial insurance policies to the motor trade as a result of an exclusive arrangement with Bollington.

Despite the overall drop in uninsured driving in the last five years, the rate of progress to reduce the UK's level of uninsured driving is being held back by illegal motorists in the West Midlands and West Yorkshire, according to new figures released by MIB, the body which manages the Motor Insurance Database (MID) and provides compensation to innocent victims of uninsured and untraced accidents.

The Office of Fair Trading (OFT) has announced it’s launching an investigation after it emerged drivers are paying up to 40% more for insurance cover this year.

Home Secretary Jack Straw has slammed the “racket” of insurers getting paid for passing on their clients’ details to personal injury lawyers.

The Driver and Vehicle Licensing Agency (DVLA) and Motor Insurers' Bureau (MIB) have introduced a new system to help identify uninsured vehicles, which will improve road safety and reduce the cost of uninsured driving across the UK. The development was delivered with the support of IBM consultants and developers.

Car rental customers should be aware that the excess-waiver insurance offered by third-party providers is very different from the no-risk cover offered by their car hire company, says the British Vehicle Rental and Leasing Association (BVRLA).

Louise Cole asks underwriters how to lower premiums.

Telematics provider Cobra has welcomed the Transport Committee’s report on the cost of motor insurance, in particular the idea that the driver rather than the car should be insured.

Aviva to cut insurance premiums for fleets using telematics.

Aviva has decided the time is right to launch an insurance product linked to telematics, three years after it turned its back on the market.

The fleet industry is facing up to a major administration burden as a consequence of new powers coming into force to tackle uninsured drivers.

Insurance broker Willis has tailored an insurance solution that can be used in conjunction with Fleet Support Group’s RiskMaster online at-work driving safety initiative that manages vehicles, drivers and journeys to enable employers to reduce their risk exposure.