MOTOR – Page 19
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News
New CRU data confirms continued decline in motor claims
Numbers for motor injury claims are at ‘historic lows’, says ACSO executive
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News
Aviva inks deal with Tractable to ‘overhaul’ UK motor claims accuracy
The deal also supports Aviva’s net zero 2040 target
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News
Biba and ABI celebrate 10 years of signposting agreement
The joint initiative has led to over 860,000 enquiries to Biba’s Find Insurance service
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Analysis
Is telematics set for a popularity boost following FCA’s fair value changes?
With better technology and new regulations on pricing, could telematics be preparing for its time in the sun?
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News
Telematics uptake rises by nearly 30% among under 30s – GlobalData
The increase comes despite younger people expressing concerns over privacy, data and device-insurer relation
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News
Government reveals changes to the Highway Code to accommodate self-driving vehicles
The amendments aim to ensure that the first wave of self-driving vehicles are used safely on UK roads, but industry concerns remain
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News
Handl Group buys IPRS Group
Chief executive describes the acquisition as ’a significant growth opportunity’
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News
Prices in motor insurance market stabilise – Consumer Intelligence
Regaining equilibrium shows insurers are acting on the FCA’s new pricing rules, says pricing expert
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IT Interview
Stewart McCulloch: Online ADR is ‘saving the day’ following pandemic-induced court backlogs
There is no ‘place in the future for having a complex, disproportionate process which just complicates things unnecessarily’, says managing director
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News
New OIC data could spell ‘significant number of claims’ for insurers
The data also raises ‘additional concerns’, says Carpenters Group director
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News
Car insurance insurtech raises £1.8m in seed funding
The investment means that the business is ‘well on the way’ regarding its mission ‘to challenge the status quo’ and ‘turn insurance on its head’, says chief executive
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Analysis
Briefing: ‘Disappointment’ remains about OIC’s lack of ADR amid digitalisation scrutiny
Did the government miss a trick by not signposting online alternative dispute resolution via the Official Injury Claim process?
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News
Latest OIC portal data shows claims being made through the system are still ‘very low’
The number of unrepresented claims running through the portal also remain low
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News
Credit ratings agency retains ‘negative outlook’ on UK’s non-life insurance sector
Factors such as general inflation, increased claims costs and flood risk have contributed to the negative rating
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Analysis
Admiral’s stock market dip - how serious is it?
The Cardiff-based insurer’s share price plunged by 15% last month as a result of profit concerns
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News
KGM Underwriting Services signs acquisition deal with motor MGA
The new partner’s chief executive has known the KGM business and its directors for over 20 years
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News
Mercedes to accept liability for accidents involving its new self driving tech
The car manufacturer will not accept blame where a driver has failed to take control of a vehicle when prompted, however
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Analysis
Briefing: Was the MoJ’s part two consultation response worth the bother?
With a five-year gap since the initial reform consultation and the OIC portal still posing functionality problems, has the MoJ taken the easy way out with its no change agenda for part two of the whiplash reforms?
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News
Sabre records small GWP decrease for 2021 amid ‘high levels of claims inflation’
The insurer’s COR also saw a slight raise last year, albeit within its targeted range