MOTOR – Page 10
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News Analysis
Tech Talk: Insurance apps – industry gamechanger or ‘necessary evil’?
Insurance apps are used in the industry to better understand policyholders and bridge a communication gap, but while downloads have increased the spectre of low engagement persists
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News
FCA issues stern warning as it clamps down on home and motor insurers
’We found too many examples of customers not receiving the service they’re entitled to,’ says executive director
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Winn Group reveals future plans after securing 139% turnover increase
’The business is well placed to achieve its growth ambitions,’ says executive chairman
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Axa announces new decarbonisation targets for insurance portfolio
’These targets demonstrate our determination to pursue our commitment towards climate change,’ says chief executive
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Direct Line Group responds after FCA orders claims review
The FCA recently instructed Direct Line Group to review motor total loss claims over a five year period
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Car insurance premiums seeing ‘alarming acceleration’ – Consumer Intelligence
’The motor insurance market is witnessing unprecedented premium inflation,’ says insight manager
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News Analysis
Briefing: Fraudsters have turned to more dangerous crash for cash scheme
Brokers and their clients have now been issued with a new warning amid a sharp rise in the new style of crash for cash scheme
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News Analysis
Briefing: Motor insurers should not just be worried about pressures on profitability
An analysis has found that motor insurance is the most complained about business line in UKGI
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News
Warning issued to UK motor insurers following ‘undeniably difficult year’
The need for motor insurers to rebalance its books will have a significant impact on consumers, says head of UK general insurance
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Warning as bogus insurance claims rise
’Turning to crime to make some quick cash is never the answer,’ says detective chief inspector
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News
The types of insurance most complained about in the last financial year
Across main financial product areas, insurance received the second highest number of complaints
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News
‘Tough’ 2023 predicted for motor insurance market as high COR forecast
’This is undeniably a tough time to be a motor insurer,’ says business management consultant firm
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News Analysis
Is telematics reaching a tipping point?
The industry and technology has moved on from the traditional notion of a black box, but are customers finally seeing the advantages of telematics motor insurance policies?
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News
’Badly let down’ – Reaction as Supreme Court agrees to hear ABI appeal on OIC mixed injuries
Individuals have been ’badly let down by the government in favour of the insurance industry,’ says executive director
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Law firm highlights how facial recognition technology landed fraudster with £51,000 bill
’[This] effectively demolished the claimant’s case,’ says legal director
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News
Refreshed GTA needs to take account of changes in motor claims market – CHO
It came as discussions between the credit hire industry and insurers on the scope of a revised GTA reach an important stage
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News
Motor insurer ERS teams up with Acturis to launch API product for brokers
’Acturis brokers can benefit from our latest product updates immediately,’ says active underwriter
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Howden announces UK launch of telematics service to help cut motor premiums
Chair says changing market dynamics ’are encouraging insurers to consider telematics applications to help reduce insurance premiums’
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News
Sabre reports slight year-on-year GWP drop in Q1 2023 results
However, chief executive says he is ’slightly more optimistic given strong volumes in recent weeks’
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Revealed: Claims Excellence Awards 2023 – winners and reaction
There were some lucky double winners and some firms picked up their very first Insurance Times Claims Excellence Award at our hottest awards so far – was it you?