Petrol, diesel and electric vehicles have all lost value over the last 12 months, while hybrid vehicles have bucked this trend and stayed steady, according to a new report from Insurance Times and Percayso Inform
Ever busier roads, electric and hybrid vehicles, self-driving technology and ageing vehicle fleets have all played a part in changing the composition of UK roads – and insurers must pay careful attention in order to remain in control of a dynamic market
’It is a powerful example of how our platform is unlocking new possibilities to better serve our customers,’ says chief commercial officer
Brokers and insurers must take note of the times and keep clients informed about the dangers of not being fully covered
The Chartered Insurance Institute’s executive director of strategy, advocacy and professional standards, Adam Harper, questions FCA proposals scrapping CPD requirements for insurance staff
Brokers must make time to advise, influence and protect clients from underinsurance as softening market creates ideal moment in time to take advantage of competitive pricing
Insurer counter fraud expert calls out commercial brokers on lack of engagement in dealing with insurance fraud, emphasising that regulatory action may be the best way of inspiring greater anti-fraud collaboration
If growth comes with its own deregulatory risks, the issue of how much the government is willing to accept becomes paramount
‘We’re definitely part of the changing face of mobility,’ says managing director at ERS
‘Our ambition is to double the business in the medium term,’ says chief personal lines officer and managing director
’Others may be really interested in breadth, but we’re really interested in expertise and being leaders in our chosen fields,’ says broker’s head of specialties
‘We’re definitely part of the changing face of mobility,’ says managing director at ERS