Fleet insurance - Page 8

Fraudulent ‘slam-ons’ – road traffic accidents deliberately caused in order to claim for whiplash compensation – increased by 51% in 2013, according to claims fraud data from Aviva.

Anti-fraud firm, APU, has welcomed the Government’s announcement of new measures to tackle the increasing number of dishonest motor insurance claims, but says it could have gone further.

Nine out of 10 (93%) of fleet operators would like to see cameras installed in all commercial vehicles, a snap poll by comparison website TrackCompare.co.uk has revealed.

The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3 billion in 2013.

Thatcham-certified stolen vehicle tracking devices are becoming one of the few solutions to protect drivers against the new wave of technology-led car crime, according to vehicle security specialist Cobra.

Instant intervention following a driving incident can reduce insurance claims cost by as much as 60%, according to Ben Burford, managing director of Just Fleet.

Vehicle telematics provider Risk Technology has partnered with Chipin, a new insurance company, to launch a Usage Based Insurance (UBI) and telematics service in the Netherlands, Belgium and Luxembourg.

Businesses are being warned that the price of motor vehicle insurance is likely to rise significantly, as an unintended consequence of efforts to drive down private vehicle insurance costs.

Quartix has appointed Avril Palmer-Baunack as non-executive chairman, following record sales growth in 2013 and a continuing increase in installation volumes.

Drivology has launched a mobile-phone based telematics insurance product for over 25s.

Milestone insurance brokers are offering fleet customers free Smart Witness in-car cameras, to help reduce the number of disputed claims.

The fleet industry is counting the cost after hundreds of vehicles were damaged in the UK’s recent floods.

Fleetster and Zurich Insurance develop a special insurance package suitable for corporate fleets and business parks with an extra module for electric vehicles.

Direct Line for Business (DL4B) has launched a new free telematics app for van drivers to enable them to monitor driving behaviours and save money on their insurance.

Research from the British Insurance Brokers' Association (BIBA) shows that behaviour based motor insurance sales have increased by 116,000, a 61% increase since June 2012.

Intelligent Telematics has launched its most sophisticated vehicle camera yet to help fleet operators reduce costs, enhance safety and protect against fraudulent insurance claims.

The practice of inflating costs to make a profit when pursuing claims arising from non-fault accidents has been given the green light by the Court of Appeal and some fleet operators may choose to follow their example, according to loss recovery specialists, Corclaim.

Michael Pace, partner and head of motor law and PI team, Andrew & Co LLP, on the potential pitfalls of driving someone else's car.

The £11 billion private motor insurance market is not working well for motorists, according to the Competition Commission’s (CC), which is now looking at ways to reduce the cost of premiums.

TomTom telematics will power a new car insurance policy for young drivers, which uses a smartphone app to provide feedback on driver performance.

Craig Budsworth, chairman, Motor Accident Solicitors Society, on why he looks forward to when the insurance industry will pass on savings it has made.

Two-fifths of UK businesses have suffered from rising company car insurance premiums over the past 12 months,new research by TomTom Business Solutions has revealed.

An accident management product which claims to reduce costs and vehicle off-road time by replacing the need to manage multiple suppliers with one point of contact has been launched.

KPN and Masternaut have announce an agreement to jointly develop and market telematics-enabled fleet management and telematics enabled insurance products for businesses looking to provide a step-change in customer service, employee safety and operational efficiency.

Coveted 5-star safety ratings may soon be awarded only to those cars that can avoid or reduce the impact of a crash, as Autonomous Emergency Braking (AEB) marks the way forward for future road safety, according to Thatcham Research.

Two in five cars fail their MOT test every year, costing UK motorists more than £2 billion in repairs and the cost of a second MOT to get their vehicle back on the road - according to new research by Allianz Your Cover Insurance.

In light of recently revealed insurance scams, including a staged crash for cash coach incident on the M57 involving 30 passengers, telematics are being highlighted as the way forward in countering bogus insurance claims.

The rise in crash for cash fraud has boosted demand for commercial vehicle CCTV, according to VUE CCTV.

Direct Line for Business is offering 20% off van insurance quotes until December 9.

Drivers are being warned about a dangerous new tactic being employed by criminals running ‘crash for cash’ fraud rings.

More than eight in 10 people think inexperience and overconfidence are the main reasons that new drivers are the riskiest group of road users, according to the latest poll from road safety charity IAM (Institute of Advanced Motorists).

Standard City Safety autonomous braking system on new models results in lower insurance groups on new Volvo models.

Many businesses with company vans are not following the most basic of steps to protect themselves against potential prosecution in the event of an accident, according to AXA Business Insurance.

With around a third (39%) of young drivers claiming to have been involved in a collision since they started driving, Tesco Bank has launched Tesco Bank Box Insurance, a new product that tracks driving behaviour on a daily basis to encourage responsible driving, and help bring down the cost of motoring.

Tracker has partnered with Towergate Insurance to provide black box telematics to Towergate’s corporate fleet customers.

Europe’s biggest insurance telematics event, Insurance Telematics Europe 2013, has announced that only 32 passes remain for the event which takes place from May 7-8 in London.

Matthew Whittall, managing director, Innovation Group, on why the insurance industry needs to be honest about the current vicious cycle of fees.

MyDrive Solutions, the insurance telematics specialist, has launched its new website mydrivesolutions.com.

The Transport Committee has launched an inquiry into whiplash claims, following its recent inquiry into the cost of motor insurance.

In-vehicle camera technology could help fleets avoid becoming victim of fraud.