MOTOR – Page 11
-
News
RSA announces departure from UK personal lines motor market
’We were clear that we would take necessary actions to drive sustainable outperformance in UK and Ireland,’ says chief executive
-
News Analysis
Briefing: Cost of living crisis warrants consumer cover rethink
The extended warranty sector is seeing a ‘renaissance’ as costs rise sharply
-
News
New insurance service launched for classic car collectors
’We are proud to launch this new initiative to market,’ the managing director of automotive and specialist insurer Hagerty said
-
News
OIC portal could come under ‘further pressure’
’Access to justice for those injured in road traffic accidents must remain paramount,’ says specialist personal injury legal body
-
News
Ongoing inflation is like motor insurance industry ‘kryptonite’
Solera’s vice president for industry relations tells Insurance Times why increasing inflation could be like kryptonite
-
News
Pricing ’ping pong’ could force those in poverty to sacrifice insurance – SMF
The research claims those on the lowest incomes ‘continue to pay more for being poor’
-
IT Interview
Liz Bilney: Brokers ‘begging’ for capacity encourages ex-Somerset Bridge Group boss to create new insurtech
The new business will first focus on providing non-standard motor products before eventually creating its own distribution arm
-
News
Admiral Group posts COR of 101.7% for 2022
The insurer’s group chief executive says she is ’proud of the agility and adaptability that Admiral demonstrated’ in 2022
-
News
Autonomous vehicles will allow insurers to become ‘disruptors’
‘This is an amazing opportunity for the insurance industry,’ explained autonomous expert
-
News
Motorists seek new type of cover as cost and hybrid working change driving habits
Insurers that embrace non-annualised policies could ‘grasp a valuable opportunity’ to become ‘leaders’ in the motor insurance market, says white paper
-
News
Cazoo sells Cazana to Percayso Inform for undisclosed sum
Managing director describes purchase as ’a transformational deal’
-
News
Open GI enters usage-based insurance market with latest partnership
The cost of living crisis and inflation has seen a rise in usage based insurance models
-
News
Insurers’ appeal over court’s hybrid injury decision criticised as case backlog mounts
Industry commentator believes ‘insurers seem to be cutting off their nose to spite their face’ with move to disagree Court of Appeal finding
-
News
LV=GI reports 60% year-on-year uptick in crash for cash linked personal injury claims
The increase in these claims stem from roads into Scotland, where the UK’s whiplash reform regulation does not apply, says the insurer
-
News
Timing of car insurance renewal alters premium costs ‘significantly’ – Forbes Advisor
Changes in costs can be due to issues of timing or risk, says motor insurance spokesperson
-
News
School creates AI-based method to terminate proxy discrimination in insurance pricing
If the school’s approach is adopted, insurers will be required to collect data on protected characteristics, which ‘raises privacy concerns’, says expert
-
News
Car and motorcycle insurance drove 2,769 new complaints in 2022’s Q3 - FOS
Insurers must be careful when handling motor claims and ‘do more to close the expectation gap’, says Insurance DataLab co-founder
-
News
Insurers must work together to improve consumer trust if they are to avoid outside regulation – ACSO
Insurers demonstrating that they can collaborate effectively on claims would mitigate the need for potential government involvement, says executive director
-
News
GoShorty recruits as it looks to go big in motor market
Managing director says the appointments ‘significantly strengthen our team’ and puts the firm ‘in a great position to execute our growth plan’
-
News
Younger insurance customers prefer human interaction – Sollers Consulting
‘There is something about this online experience that is not speaking to the younger demographic’, says business architect