As John Lewis pauses EV cover, industry boss reveals why insurers may ‘run scared’ of electric power
’For the moment, EVs are a big problem from an insurers’ point of view,’ says Winn Group executive chairman
Further reading
Electric vehicle increase strikes fear into motor industry and its supply chains
Insurers need to ‘fundamentally change how they price, underwrite, insure and service’ electric vehicles, says credit hire firm managing director
John Lewis issues update after EV cover paused
The department store’s lending arm said it had halted offering new policies as well as renewals for EVs earlier this year
Briefing: Is the motor market ready to turn a corner?
The motor sector’s COR has deteriorated due to headwinds such a rampant claims inflation, but could inflation be about to ease?
Briefing: FCA not ’hiding a magic equation’ from insurance sector
Rules-based or principles-based regulation? Is it really that simple? Yiannis Kotoulas finds out
Briefing: Insurers likely to COP the bill for climate resilience
Insurers are increasingly going to be held responsible for mitigating the threat of systemic risks, says Jon Guy
Briefing: Broking sector all the stronger for getting together every now and then
The benefits of top level collaboration are never clearer than when the sector comes together with a common purpose, says Stuart Reid
Insurance Times Advent Calendar: Mark Lomas
For the third day of advent, Lloyd’s of London’s head of culture Mark Lomas shines a spotlight on some positive diversity and inclusion developments within the London market
Insurance Times Advent Calendar: Donna Scully
For the second day of advent, Carpenters Group director Donna Scully highlights that Christmas is all about giving
Insurance Times Advent Calendar: Ed Gaze
For the first day of advent, Insurance Times Technology Champion of the Year and chief executive of Innovative Risk Labs, Ed Gaze highlights some London market-based positivity
Andy Holmes: Maintaining public relevance means breaking ‘two tablets of stone around insurance’
CFC’s chief underwriting officer says ‘cyber is perhaps at the cutting edge of where insurance more generally should go, if it is to remain relevant going forward’
Opinion: Is there such thing as a silver bullet?
UK insurtech sector scoops silver for funding and deal count – Gallagher Re
Briefing: Automated Vehicles Bill answers key questions – but more collaboration with insurers is needed
Briefing: Will AI become a risk too far for cyber market?
Nigel Feetham: Gibraltar set to become the ‘jurisdiction of choice’ for the UK
The 2023 Insurance Times Digital Adoption Report is out now
The Big Question December 2023: What was the most important lesson learnt in 2023 and how will that develop for next year?
Briefing: Broking sector all the stronger for getting together every now and then
As John Lewis pauses EV cover, industry boss reveals why insurers may ‘run scared’ of electric power
Briefing: Is the motor market ready to turn a corner?
Tara Foley: Reduction in inflation will have ‘positive impact’ on COR
Broker CEO Forum 2023: Brokers ‘just want a quick, smart response’ from insurers
Andy Holmes: Maintaining public relevance means breaking ‘two tablets of stone around insurance’
Briefing: FCA not ’hiding a magic equation’ from insurance sector
Could TikTok be the key to solving the war for talent in the insurance industry?
Briefing: Insurers likely to COP the bill for climate resilience
AI adoption in commercial lines – what’s the deal?
Briefing: American dominance of the broker market only set to grow
Lloyd’s of London acknowledges historical connections to slave trade – but is the response sufficient?
Paul Stacy: Market conditions ‘perfect’ for better application of telematics data
Opinion: Is there such thing as a silver bullet?
Briefing: Tough times for brokers, but future remains bright
UK insurtech sector scoops silver for funding and deal count – Gallagher Re
Skills gap in claims sector not helping with increased complaints about insurers
The most complained about products in UKGI