European automobile insurance companies may begin using black boxes to ...
Car insurance companies in Europe that are looking for a way to work around the ban in Europe on charging different rates to male and female drivers are considering innovative new technology using black boxes that may completely change the way that auto insurance premiums are calculated.
The largest automobile insurer in the United Kingdom, the Royal Bank of Scotland, is one of the companies currently investigating and testing the use of this technology, which uses a small device to monitor the way that customers use their vehicles so that their rates can be charged according to the riskiness of their driving habits.
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Motor insurers seeking to get around a European ban on charging male drivers more than women are turning to innovative black box technology that could trigger an upheaval in the way car insurance is sold. Britain's biggest motor insurer, Royal Bank of
The largest automobile insurer in the United Kingdom, the Royal Bank of Scotland, is one of the companies currently investigating and testing the use of this technology, which uses a small device to monitor the way that customers use their vehicles so
On his desk are issues ranging from banking bonuses to floods and climate change, from car insurance to the pensions crisis, and from eurozone bank bonds to the national infrastructure plan – insurers are needed to fund both. Did he find it daunting?
And, in 2012, it will probe car insurance fees, dental costs and web deals giant Groupon. THREE years after the collapse of Royal Bank of Scotland and Sir Fred's reputation is still being shot to pieces. Earlier this month, a damning report from City
He was twice the legal limit and driving without insurance. In Elgin, Morayshire, on December 19, a 22-year-old driver was twice the limit with a one-year-old child in the back seat. The driver crashed the car, slightly injuring the child.
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