Motor – Page 4
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News
‘Changes’ in motor market offer ‘exciting’ opportunities for industry
ABI director believes that reducing insurance premium tax could ’immediately help’ the affordability of motor premiums
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Insurers warned as personal injury motor claims fall to record low
’The insurance industry cannot now claim that lower-value personal injury claims are responsible for rising motor premiums,’ says executive director
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News Analysis
In Focus: Bumps in the road ahead for environmentally-friendly motor policies
There is a ’big challenge’ when attempting to offer ’decent prices’ on environmentally-friendly motor policies, says chief executive
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ERS to use more data to support brokers through new deal
’As a broker only insurer, it is important that we do all we can to support our partners,’ says active underwriter
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Clayden to step down as MIB chief executive
A new chief executive will be announced in due course
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Qover launches motor insurance solution in UK
’By entering the UK, we are well-positioned to extend our innovative solutions,’ says chief executive
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LV=Broker to rebrand as Allianz expands presence in UK motor and home markets
The business has started communicating to its brokers about the move
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Average cost of UK motor premiums soar to just under £1,000
’The cost of car insurance spiralled in 2023 primarily due to the soaring price of used cars,’ says UK head
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CBPF inks partnership with The Green Insurer
’We take great pride in understanding the industry challenges both brokers and customers face,’ says director of personal lines
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News Analysis
Briefing: Public pressure could see Biba’s IPT demands finally fulfilled
With an election rearing its head and major political parties keen to win over voters, insurance premium tax could be due a cut
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Motor premium inflation slows in Q4 2023 despite some brands escalating prices ‘at much higher level’ than average
’The anticipated decline in motor insurance pricing seems to have been reached,’ says director
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CDL cements ESG strategy after green insurtech launches on platform
’CDL has long been committed to reducing its environmental footprint as part of our ESG strategy,’ says chief executive
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Rising motor costs prompting UK drivers to give up vehicles
’Driving habits are changing across the UK as consumers look to cut down on unnecessary journeys,’ says chief executive
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Reinsurer behaviour towards UK motor market ‘mixed’ at 1 January renewals
’The reinsurance cost per car on the road has increased,’ says broker
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JLR reveals new insurance solution for Range Rover clients struggling to get cover
’Customers of luxury cars and other luxury items are experiencing an increase in thefts due to organised criminal activity in the UK,’ says spokesperson
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The Green Insurer forms new partnership after recent launch
‘We are looking forward to a long and collaborative partnership together,’ says chief executive
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Motor premium spike drives motorists to travel uninsured
‘Not only are uninsured motorists risking fines and the loss of their vehicles, but they will be unable to turn to an insurer for help in the event of an accident with another party,’ says chief executive
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News Analysis
In Focus: Metadata knowledge key as scammers turn to AI for motor damage fraud
’That has been quite a big change in the motor landscape,’ says fraud risk and technical manager
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Motor insurance complaints continue to rise despite FOS warning
’What’s clear is that whatever the perceived issue, firms need to ensure they are treating customers with transparency and fairness,’ says chief executive
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Howden Driving Data appointed by broker to provide telematics solutions
’The collaboration with such a well-known and innovative brand is highly valued by Howden Driving Data,’ says managing director