L'olivier Assurances Selects Guidewire Products for Underwriting, Policy Administration, Claims Management, and Billing
Business Wire - Tue Sep 09, 1:00AM CDT
Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to Property/Casualty (P/C) insurers, today announced that L'olivier Assurances, the French subsidiary of Admiral Group and an auto insurance provider, has selected Guidewire InsuranceSuite(TM) as its new platform for underwriting, policy administration, claims management, billing, rating, and client data management.
United Kingdom Motor Insurance (Consumer) Market Report 2014-2018
M2 - Mon Jul 14, 9:30AM CDT
Research and Markets (http://www.researchandmarkets.com/research/rmmbhl/motor_insurance) has announced the addition of the "Motor Insurance (Consumer) Market Report 2014" report to their offering. This Market Report covers the UK market for motor insurance, focusing on the consumer market; motor insurance for commercial vehicles is discussed in a separate report examining the wider commercial insurance sector as a whole. This publication will analyse the size of the market in terms of net written premiums (divided into comprehensive, non-comprehensive and motorcycle insurance) for the 5-year period between 2009 and 2013, as well as discussing future projections of the market until 2018. This report will also examine net claims incurred. The recent trends in the number of vehicles (cars and motorcycles) on British roads increased by 2.9% between 2009 and 2013, while the number of full driving licences in issue increased by 0.7% between 2012 and 2013. This means that, in 2013, over three-quarters of the population of Great Britain aged 17 and over are in possession of a driving licence. With the number of cars and licences in issue increasing, and given that motor insurance is compulsory, it is clear to see why motor insurance forms the largest proportion of the UK's general insurance sector, as well as being its backbone. Consumer motor insurance consistently makes up the lion's share of net written premiums in the UK. However, despite a rising number of cars and drivers, the past 12 months have seen a significant downward correction in the cost of premiums, particularly comprehensive premiums. This is on the back of the continuing rapid growth of price comparison websites (PCWs). Between 2009 and 2013, net written premiums for consumer motor insurance in the UK increased by 1.2%. There were sharp increases in 2010 and 2011, with premiums reaching a 5-year high in the latter year, before significant downward correction in premiums in 2012 and 2013 on the back of changes to legislation and regulation, as well as the wider use of products such as telematics insurance. This report forecasts that net written premiums in this sector will fall to a 10-year low in 2014, as premiums continue their current downward trend. Thereafter, with underwriting profits being threatened,it is believed that the market will grow by 17.2% between 2014 and 2018. Key Topics Covered: - Foreword - Executive Summary - Market Definition - Industry Background - Competitor Analysis - Strengths, Weaknesses, Opportunities and Threats - Current Issues - The Global Market - Forecasts - Company Profiles - Admiral Group Plc - Ageas Insurance Ltd - Allianz Insurance Plc - Aviva Plc - Axa Insurance Uk Plc - Comparethemarket.Com - Confused.Com - Direct Line Insurance Group Plc - Esure Group Plc - Gocompare.Com Ltd - Liverpool Victoria Insurance Company Ltd - Moneysupermarket.Com Group Plc - National Farmers Union Mutual Insurance Society Ltd (The) - RSA Insurance Group Plc For more information visit http://www.researchandmarkets.com/research/rm..._insurance
Technical Updates, Earnings Releases, Distribution Updates, and New Facilities - Analyst Notes on Provident Financial, Worldwide Healthcare Trust, Admiral, Smith & Nephew and CSR
PR Newswire - Mon Jun 30, 12:10AM CDT
Today, Earnings Review released its analysts' notes regarding Provident Financial Plc (LON: PFG), Worldwide Healthcare Trust PLC (LON: WWH), Admiral Group plc (LON: ADM), Smith & Nephew plc (LON: SN) and CSR plc (LON: CSR). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4263-100free.
Admiral Group picks Guidewire systems for underwriting, policy administration, billing
M2 - Mon Mar 17, 10:14AM CDT
Admiral Group plc and Guidewire Software, Inc. (NYSE: GWRE) said that Admiral has selected Guidewire PolicyCenter as its new policy administration solution, and Guidewire BillingCenter to manage its billing operations.
Guidewire Systems selects policy administration and billing solutions by Admiral Group
M2 - Mon Mar 17, 7:45AM CDT
US-based general insurance software products company, Guidewire Software Inc (NYSE:GWRE) revealed on Friday that Admiral Group plc selected Guidewire PolicyCenter and Guidewire BillingCenter as its new policy administration solution and manager of its billing operations respectively.
Admiral Group Selects Guidewire Systems for Underwriting, Policy Administration, and Billing
Business Wire - Fri Mar 14, 3:00AM CDT
Admiral Group plc (Admiral), one of the largest car insurance providers in the United Kingdom, and Guidewire Software, Inc. (NYSE:GWRE), a provider of software products to general insurers, today announced that Admiral has selected Guidewire PolicyCenter(R) as its new policy administration solution, and Guidewire BillingCenter(R) to manage its billing operations.
UK Household Insurance 2012
M2 - Tue Jul 30, 4:02AM CDT
Research and Markets (http://www.researchandmarkets.com/research/92sx8r/uk_household) has announced the addition of the "UK Household Insurance 2012" report to their offering. GWP has grown in the household insurance market in the UK during 2011 to a five year high. This report will highlight the opportunities which still exist for providers in terms of untapped penetration across segments and product areas as well as highlighting the number of affinity brands pushing their way into the market. Scope - Benchmark your performance against the whole market by growth in GWP and profitability. - Develop strategies for attacking gaps in the market. - Compare market sentiment and reaction with your own in regards to new developments and legislation. - Ensure your partnerships are with the leading affinity brands. Key Topics Covered: 1. Overview 2. Review Of 2011 3. Market Issues 4. Opportunities For Household Insurance 5. Distribution Dynamics 6. Brand And Marketing 7. Consumer Behavior 8. Competitor Dynamics 9. Future Decoded Companies Mentioned - Admiral Group plc - Aviva Plc - AXA - Bank of England - CMS Energy Corporation - Hutchison 3G UK Limited - ING GROEP N.V. - J Sainsbury plc - Lloyd's of London - Marks and Spencer Financial Services - Metro AG - National Westminster Bank Plc - Parcelforce Worldwide - Royal Bank of Scotland Group PLC - RSA Insurance Group plc - Schindler Holding Ltd. For more information visit http://www.researchandmarkets.com/research/92..._household
CORRECTING and REPLACING DriveFactor Partners with Admiral Group plc to Expand U.K. Usage-Based Insurance
Business Wire - Wed Jul 24, 12:23PM CDT
Third paragraph of release should read: "Our aim has always been to try to offer fair insurance premiums to drivers," said Sarah Harris, Head of Telematics at Admiral. "In partnering with DriveFactor, we'll be able to reward our drivers for safer driving. DriveFactor's depth of analytics and ease of implementation reinforce our customer-centric strategy as we move forward in offering our customers fair insurance rates that they can influence every time they drive."
DriveFactor Partners with Admiral Group plc to Expand U.K. Usage-Based Insurance
Business Wire - Wed Jul 24, 5:00AM CDT
DriveFactor has partnered with Admiral Group plc to expand usage-based insurance ("UBI"
Private Motor Insurance in the UK, Key Trends and Opportunities to 2016
M2 - Thu Jun 20, 9:52AM CDT
Research and Markets (http://www.researchandmarkets.com/research/c4srnf/private_motor) has announced the addition of the "Private Motor Insurance in the UK, Key Trends and Opportunities to 2016" report to their offering. Gross written premiums in the UK's private motor insurance category rose by 6.7% in 2011, slowing from the expansion recorded in 2010. The market is dominated by comprehensive policies, with some insurers having axed third-party, non-comprehensive policies in the past few years. Private motor insurance gross written premiums represent 0.9% of the country's GDP, in line with the European average. Motor insurance density in the UK is higher than in its European counterparts, and has followed a clear upward trend. Factors driving growth in the category include mandatory motor third-party liability insurance, rising disposable incomes and a steady increase in private car registrations. The difficult macroeconomic environment is a challenge. A strong return to growth is not expected until 2014
Electricals Retailing in the UK | Market Report
M2 - Tue Jun 18, 8:34AM CDT
Research and Markets (http://www.researchandmarkets.com/research/tjm9x3/electricals) has announced the addition of the "Electricals Retailing in the UK | Market Report" report to their offering. Low consumer confidence alongside deflation in the market has resulted in the electricals market shrinking in 2012. However, new products in the market are partially offsetting this. Learn where the opportunities and threats are in the market and how to manage these most effectively for your business. Take advantage of new high growth products on the market to ensure correct product mix can maximise growth potential. Manage declining margins in a deflationary market and reduce costs in your business. Identify the opportunities to grow business in this sector by comparing strategies of the key players in the market and their performance metrics. Use forecasting data to plan future strategies as the market changes over the next five years. The electricals market has continued to slide since its last peak in 2008 wit
Value Clothing Retail in the UK | Market Report
M2 - Tue Jun 18, 8:28AM CDT
Research and Markets (http://www.researchandmarkets.com/research/j8x57r/value_clothing) has announced the addition of the "Value Clothing Retail in the UK | Market Report" report to their offering. Growth in value clothing expenditure will slow substantially in the five year period to 2012, with limited household disposable income restricting discretionary purchases. However, 27.6% growth is a resilient performance, with the key contributors - Primark, Sainsbury's and H & M - increasing their store presence and improving ranges encouraging consumers to spend despite tight purse strings - Provides data and insight on market size, sales and growth rates for value clothing overall and at sub-sector level, helping to plan range development - Provides expenditure breakdown across the value, midmarket and premium sectors highlighting to you the areas which offer the most growth potential - Market issues are examined; space and international development, consolidation and multichannel, improving awareness of
Admiral Group PLC chooses LANDesk to transform IT management and service desk support
M2 - Thu Mar 07, 4:01AM CST
LANDesk Software, a global leader in PC lifecycle management, endpoint protection and IT service management, today announced that Admiral Group PLC, a leading UK car insurance provider, has chosen LANDesk to transform the IT support it provides to 5,500 employees. The two companies have signed an agreement that will see the instalment of LANDesk Service Desk, enabling Admiral to meet its users' needs today and as its business develops.
UK Travel Insurance Report
M2 - Thu Feb 28, 4:20AM CST
Research and Markets (http://www.researchandmarkets.com/research/sbgljg/uk_travel) has announced the addition of the "UK Travel Insurance 2012" report to their offering. The market witnessed a 7.6% fall to GBP706.3m in 2011, from GBP764.8m in 2010, according to figures from the Association of British Insurers (ABI). Industry experts interviewed by Datamonitor attribute this fall to two key factors; continued low levels of trips abroad, and the increasing popularity of policies sold alongside added value accounts, where premiums can be a matter of a few pounds a month. Highlights - In 2011, the percentage of premium income generated from annual multi trip policies increased by 5.1 percentage points to account for 67.4% of travel insurance GWP. This recent growth is an extension of a pattern of steady growth in annual policy popularity over the last five years. - Travel insurance has widespread product penetration for a non-compulsory product, with only 8% of consumers not purchasing cover for their last
UK SME Insurance 2012: Aviva Remained Most Popular With Brokers Placing Packaged SME Business In 2012
M2 - Wed Jan 30, 6:31AM CST
Research and Markets (http://www.researchandmarkets.com/research/hshrl7/uk_sme_insurance) has announced the addition of the "UK SME Insurance 2012" report to their offering. The incredibly competitive SME market is still evolving as insurers master fast-flow distribution strategies for commercial products. Considered positioning of SME propositions are vital when difficult current economic conditions and a mature market mean insurer ambitions to achieve marked growth will likely come at the cost of rivals' business. Scope - Target prospects emerging from shifts in the shape of the SME market and changes in product penetration rates. - Inform your distribution strategy with an understanding of SME purchasing behavior and preferences. - Develop strategies for attacking opportunities arising from the key concerns and needs of SMEs. - Understand approaches taken by other insurers and their resulting performance in terms of broker selection and SME choice. Highlights - Director's and officers' liability