Motor – Page 9
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News AnalysisIn Focus: What makes the motor market hard to compete in – and could there be future exits?
’I can understand some of the reasons why people might see this as the right time to get out,’ says director of insurance pricing
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NewsAA Insurance Services’ move to CDL a ‘win-win for brokers and consumers’
The move involved a ’rigorous tender process and discovery phase’, says chief executive
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NewsSabre profits drop in H1 2023 despite rise in GWP
Chief executive says results are ’in line with our expectations and support our full year projection’
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NewsAdmiral Group posts small COR rise amid ‘persistent high inflation’
However, the group improved its turnover and insurance revenue despite ’a challenging market’, says chief executive
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NewsAllianz ‘very much committed’ to personal lines motor broker channel despite ‘volatility’ – Colm Holmes
Allianz saw ‘inflation running at 11% in personal lines motor’ for the first half of 2023, says chief executive
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News AnalysisIs telematics undergoing a mass market transformation?
’If adopted on a mass market basis, then it can cater to all,’ says chief data officer
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NewsCopart UK continues expansion with new storage facility
’Expanding our provision of storage capacity is vital,’ says chief executive
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NewsWarning as motorists could be losing up to £8.6bn on insurance claims
’Our data shows the harsh financial reality of payments which are lower than fair market value for drivers,’ says managing director
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NewsKingfisher Insurance’s classic car brand launches scheme for VW enthusiasts
Partnerships director says scheme will ’best suits their needs and protects these popular cars on our roads for generations to come’
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NewsMarco Perestrelo: ‘We have seen first hand how technology creates new experiences for customers’
’Esure has undergone a complete transformation,’ says head of claims technology
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NewsAverage price of motor premiums hit record high as cost of vehicle repairs surge
’These continue to be tough times for many motorists and motor insurers alike,’ says director
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NewsCopart UK announces expansion to meet insurer demands
’We’re very excited to announce our plans to develop a new operation centre,’ says chief executive
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NewsCan new AI technology be utilised to reduce premiums for motorists?
Divisional head explains why the use of new technology can be ’great for all parties’
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NewsMore motorists are going electric – so what does it mean for underwriting?
’With the EV market, what you have got is a different set of historical data,’ says head of sales
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News‘Changing behaviours’ contributing to slowdown of personal injury claims – ACSO
’Many are not seeking out the redress available to them,’ says executive director
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News‘Clear justice gap’ – warning as number of road injury victims seeking justice drops
’Before the OIC was introduced, the number of claims reflected the number of injuries,’ says president
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NewsMoney-laundering fraudster acting as ghost broker pocketed over £300,000
Detective constable says fraudster ’had no regard for others’
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NewsFormer Hastings chairman leads £2.7m fundraise for Percayso Inform
’We believe that Percayso Inform will play a key role in helping insurance providers of all shapes and sizes,’ says managing director
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NewsWarning as data shows insurers ‘need to up game’ ahead of Consumer Duty deadline
’As part of its new Consumer Duty, the FCA should clamp down on firms that fall below the required standards,’ says expert
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News AnalysisSabre’s move to CDL heralds ‘more sophisticated pricing’ for the insurer
Prices can now be set and rolled out in one day instead of having a six week wait via the traditional process
