Leading actuaries have published a keynote paper to advise the industry on how to combat spiralling motor premiums for high-risk drivers.

A working party, comprised of members from both Scotland and England's Institute of Actuaries, has devised several ways to mediate the premium rises, particularly for drivers aged under 25.

These include:

  • limiting the scope of the cover, by allowing the young driver only to have one other person aged under 25 in the car at one time
  • limiting the cover by introducing a driving late curfew. So drivers would only be covered between say, 6am and 10pm
  • encouraging enhanced driving skills by offering discounts to those drivers who have participated in the Pass Plus scheme.


    • The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

    Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
    Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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