Motor – Page 3
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NewsAllianz’s Holmes responds to FCA’s Gap insurance announcement
’All products should provide value for customers,’ says chief executive
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News AnalysisWhat’s going on with Gap insurance after FCA’s bombshell announcement?
’Gap was probably at the highest of everybody’s list in terms of a product that was ripe for being targeted and corrected,’ says chairman
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NewsAdmiral and law firm catch fraudster who exaggerated tinnitus claim
’We hope this serves as a good example of why dishonesty simply does not pay,’ says head of motor claims fraud
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NewsData does not support OIC mixed injury ‘epidemic’ claim – Acso
Insurers are ‘comparing apples and pears,’ says executive director
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NewsRSA on the hook for credit hire fee following Supreme Court ruling
The decision sets ‘a framework to prevent sums that are not a reasonable pre-estimate of loss from being recovered’, explains law firm
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NewsAdmiral and Google Cloud partnership to place customers ‘at its heart’
’We see data at the heart of not only being able to ever evolve our ability to deliver personalised pricing, but also a more personalised experience,’ says chief information officer
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NewsUS-owned Trawick International acquires controlling stake in UK-based broker
’Trawick is in an unprecedented period of expansion,’ says president and chief executive
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NewsHandl Group targets divisional managing director recruitment following 77% turnover growth
The organisation aims to forge new synergies between its brands thanks to the creation of three new divisions
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News AnalysisBriefing: What next after Gap?
The FCA’s latest target could be the start of more to come
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NewsConsumer Intelligence confirms 2024’s winning insurers in home and motor markets
’We pride ourselves on recognising the companies that truly excel,’ says head of marketing
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News AnalysisMotor insurance pricing cycle ‘close to a point of softening’
Insurance industry experts speak exclusively to Insurance Times about navigating big pressures in the motor market and what can be expected in 2024
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NewsInsurers agree to suspend Gap sales after FCA investigation
’In its current form it does not offer fair value and we want to see improvements,’ says executive director
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NewsMore young drivers want telematics policy for environmental benefits
’Environmentally conscious driving doesn’t just lead to lower premiums, but also lower fuel costs and slower driving speeds,’ says chief executive
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NewsHarry Franks leaves Zego for ‘personal reasons’
Zego says Franks still gives ‘ongoing support’ to the insurtech
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NewsVan insurance prices see highest annual increase in six years
’Premiums for the younger end of the market remain considerably higher,’ says analyst
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NewsPrices rise across personal lines sector in January 2024
’How long this will continue to remain is difficult to determine,’ says director
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News AnalysisInsurers told to have greater EV focus to avoid risk of political issues
’The insurance market has to [insure EVs] because if firms don’t, it will become a political issue,’ says chief executive
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NewsGovernment of Gibraltar and Insurtech UK renew Statement of Intent deal
’We remain committed to supporting our insurtechs on their authorisation journey,’ says chief executive
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NewsClaims costs crank up motor premiums by 12% between 2023’s Q3 and Q4
Trade association confirms that motor insurance premiums have accelerated 34% year-on-year
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News AnalysisTechTalk: Gibraltar making moves to attract innovation
The British overseas territory has been evolving as an insurance ‘centre of excellence’ with a fantastic support network for insurtechs, but is keen to diversify away from its most dominant line of insurance
