Motor – Page 10
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News AnalysisBriefing: Dominoes tottering as falling motor market margins cause exits
With a slew of recent reassessments of involvement in the motor insurance market, what can we expect going forward?
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NewsIncreases in motor insurance premiums outstrip CPI inflation
’Motorists are facing the sharpest acceleration in premium rates,’ says UK head of P&C pricing
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NewsTractable announces plan to bolster R&D after raising just under £50m
’I’m excited by what we can achieve,’ says Insurtech 50 chief executive
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NewsDrivers with penalty points at risk of significantly heightened premium costs – Forbes Advisor
’Data shows a drastic increase from just one to three points,’ says expert
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NewsHowden expands driving data capabilities with new chief data officer
’I am really excited to be joining the technology and data team,’ says new appointee
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NewsBackchat: July/August 2023
Throwback 80s and 90s insurance singing boy bands, awards, Formula 1 and a former professional footballer, what has the insurance industry been up to of late? You heard it here first…
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NewsZurich UK floats withdrawal from home and motor broker distribution
The insurer has proposed plans to refocus its personal lines home and motor business
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NewsMotor premiums rise in Q2 2023 amid ’soaring cost of claims’ – Pearson Ham
’Indicators suggest that the trend of rising premiums will continue,’ says insurance pricing director
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News AnalysisTech Talk: Insurance apps – industry gamechanger or ‘necessary evil’?
Insurance apps are used in the industry to better understand policyholders and bridge a communication gap, but while downloads have increased the spectre of low engagement persists
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NewsFCA issues stern warning as it clamps down on home and motor insurers
’We found too many examples of customers not receiving the service they’re entitled to,’ says executive director
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NewsWinn Group reveals future plans after securing 139% turnover increase
’The business is well placed to achieve its growth ambitions,’ says executive chairman
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NewsAxa announces new decarbonisation targets for insurance portfolio
’These targets demonstrate our determination to pursue our commitment towards climate change,’ says chief executive
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NewsDirect Line Group responds after FCA orders claims review
The FCA recently instructed Direct Line Group to review motor total loss claims over a five year period
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NewsCar insurance premiums seeing ‘alarming acceleration’ – Consumer Intelligence
’The motor insurance market is witnessing unprecedented premium inflation,’ says insight manager
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News AnalysisBriefing: Fraudsters have turned to more dangerous crash for cash scheme
Brokers and their clients have now been issued with a new warning amid a sharp rise in the new style of crash for cash scheme
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News AnalysisBriefing: Motor insurers should not just be worried about pressures on profitability
An analysis has found that motor insurance is the most complained about business line in UKGI
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NewsWarning issued to UK motor insurers following ‘undeniably difficult year’
The need for motor insurers to rebalance its books will have a significant impact on consumers, says head of UK general insurance
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NewsWarning as bogus insurance claims rise
’Turning to crime to make some quick cash is never the answer,’ says detective chief inspector
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NewsThe types of insurance most complained about in the last financial year
Across main financial product areas, insurance received the second highest number of complaints
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News‘Tough’ 2023 predicted for motor insurance market as high COR forecast
’This is undeniably a tough time to be a motor insurer,’ says business management consultant firm
