Brightside Group has reported that it traded “very strongly” during the second half of 2010, with its general insurance businesses producing profits significantly ahead of expectations.
Aviva has reported that the successful roll-out of its personal lines pricing to Swinton’s 570 branches and three call centres has more than doubled sales of its private motor offering, year-on-year.
The integration of the firms’ systems has allowed Swinton brokers to offer Aviva’s private motor product at a price that is more in line with the direct marketplace, while customers continue to benefit from the guidance and expertise of a broker.
The insurer’s head of personal lines, Sam Hudson, comments: “With the personal lines market remaining highly competitive, our investment in technology means that we can provide brokers with access to more competitive private motor rates so they can react to market changes quickly.”
Swinton’s insurer development manager, Steve Foster, adds: “The integration of our motor quote engine with Aviva’s dynamic web-based rating engine has meant that we can access the real-time pricing system, creating a transparent alignment between direct and broker prices.”
According to Mr Foster, “there is a clear appetite amongst our customers for a competitively-priced offer, delivered through our brokers”.
I have said before that I dont think electric cars are the way of the future and I have little interest in them. Well, most of them that is. When the fun factor is turned up to max, a battery-powered car can catch my attention.
The Venturi America caught my attention!
Not only is this on/off road buggy dead sexy to look at, but it also has the performance to back it up. The mid-mounted 220 kw motor produces the equivalent of over 300 horsepower. All that juice is sent to the rear wheels through a limited slip differential, ensuring that energy reaches the ground equally.
New research from the Association of British Insurers (ABI) suggest that thousands of UK motorists are putting their cover at risk and driving illegally by knowingly giving their insurer false information, or failing to disclose important facts such as motoring convictions.
The number one temptation is for a parent to insure a vehicle in their name as the main driver, with their son or daughter down as an occasional driver, when in fact they are the main user.
The practice is commonly known as “fronting” and over a half of motorists surveyed said they would not rule it out, despite the fact that it could invalidate their insurance and lead to a criminal conviction.