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Insurance industry research center Thatcham conducted two years of research into the effectiveness of car bumpers during impact scenarios. The bumper is supposed to absorb the energy of
The two companies plan to set up a joint venture, and according to TCS’s executive vice-president Phiroz Vandrevala, TCS will own the majority of the new company, with
By 2008 Aviva intends to have attracted an additional 1.4 million RAC customers, swelling its rescue service by 800,000 members to three million and its insurance section by
Aviva acquired the 50% stake in Lex as part of its acquisition of RAC earlier this year, and was aware of HBOS’s rights at the time the acquisition
The data recording equipment would track a vehicle’s activity and communicate it back to Norwich Union, enabling the insurer to charge the driver of the vehicle on a
The Government plans to make it an offence to be the registered owner of a vehicle kept on the road without insurance. The Road Safety Bill, currently going
Staff redundancies will initially involve about 210 cuts at the company’s Darlington call center and a further 120 in Morecambe, the company said. The job cuts come as
The sale is expected to generate a post tax gain of $155 million, which according to the firm represents a price of two times the proforma book value.
The trade body revealed that up to 1.4 million UK motorists are thought to be without the appropriate insurance, representing around 5% of the cars on the nation’s
The announcement comes a week after The Economical Insurance Group adopted the platform in a five-year, multi-million dollar deal. According to Symbility, the mobile claims system runs on