Industry News
Crash for cash claims boss gets five
Published Wednesday, December 17th 2008
A press release issued earlier this month by the Insurance Fraud Bureau (IFB) reports the case of a claims manager sentenced to five years' imprisonment at Bradford Crown Court. The jail sentence is ...
Credit hire crunch
Published Friday, December 12th 2008
A run of sensationalist stories on credit hire is giving the press something to talk about through the traditional pre-Christmas news lull. Anyone who heard the recent Moneybox “exposé” on Radio ...
Anti-fraud drive turns up stolen cars
Published Tuesday, December 9th 2008
Insurers will be able to recoup millions paid out on motor theft claims through the sale of vehicles recovered in the course of a major anti-fraud operation. So claims a recent news item penned by Ins...
MCN Awards two to Ducati
Published Tuesday, December 9th 2008
At this year's MCN Awards Ducati UK won both Manufacturer of the Year and Machine of the Year (the latter for its Desmosedici RR). The awards ceremony, hosted by TV's Alan Davies at the National Motor...
Unwanted used bikes price cut shock
Published Friday, December 5th 2008
A press release from EurotaxGlass’s, publisher of Glass’s Guide to Used Motorcycles, claims shockingly that transaction prices for used motorcycles have fallen as retailers mount promotions aimed ...
UK getting back on its bike?
Published Wednesday, November 12th 2008
It’s an ill wind that blows no good… or something, as they say. There are early indications this week that harsher economic times are boosting bike sales. Car sales have slumped by 23 per cent, bu...
Quinn pulls out
Published Wednesday, November 12th 2008
Less than two years after entering the continental European market, Irish insurer Quinn confirmed to Insurance Times that it is to cease writing business in the Netherlands, Belgium and Germany. The n...
AXA launches motor product
Published Wednesday, November 12th 2008
AXA Insurance announced on Monday that it has launched a new personal lines intermediary motor product, AXA Car, targeted at the low-risk driver market. The product combines comprehensive and TPFT ...