Fleet insurance - Page 10

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.

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).

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.

GreenRoad has announced that City Link has gone live with GreenRoad 360 in 280 vans at 14 depots nationwide.

Introduction of Continuous Insurance Enforcement (CIE) could dramatically increase risk management solution demand in relation to grey fleet - employees who drive their own cars on business - and could fuel company car growth.

A change in law rolled out today means that it is now legally required for cars and vans to have insurance at all times or to declare the vehicle off the road.

Insurance scams staged by organised criminal gangs are driving a growth in ‘crash for cash’ scams, says insurance broker Bluefin.

Survey shows more than half grey fleet drivers may not be insured for business use.

Fleets should ensure their vehicles are insured and listed on the Motor Insurers’ Bureau, according to the Government’s new regime to tackle uninsured driving.

Fleet managers are facing up to a major administration headache as a consequence of new powers coming into force to tackle uninsured drivers, says Jaama.

The insurance industry is still adjusting to the presence of electric cars on the UK’s roads, according to TheGreenCarWebsite.co.uk.

Technological advances would mean lower fleet insurance premiums if collisions reduce.

The British Insurance Brokers' Association (BIBA) has welcomed the Transport Select Committee's report into the cost of motor insurance.