MOTOR – Page 5
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News AnalysisAs John Lewis pauses EV cover, industry boss reveals why insurers may ‘run scared’ of electric power
’For the moment, EVs are a big problem from an insurers’ point of view,’ says Winn Group executive chairman
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News AnalysisBriefing: Is the motor market ready to turn a corner?
The motor sector’s COR has deteriorated due to headwinds such a rampant claims inflation, but could inflation be about to ease?
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IT Awards 2023Insurance Times Awards 2023: LexisNexis Risk Solutions discusses impact of vehicle build data enrichment solution
Andrew Ballard, product principle at LexisNexis Risk Solutions, outlines how the company is seeking to shake things up with its entry in the Challenger of the Year (Insurtech) Award category
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NewsHow is connected car technology reshaping premiums based on individual driver behaviour?
’As technology advances with connected cars, the accuracy of the personalisation for car insurance premiums will only improve,’ says head of retail specialty trading
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NewsDLG-owned Darwin hits customer milestone by ‘doing motor differently’
’What we are doing in insurance is a long-term play, which means slow and steady,’ says founder
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NewsJohn Lewis issues update after EV cover paused
The department store’s lending arm said it had halted offering new policies as well as renewals for EVs earlier this year
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NewsMotor insurers need to be ‘flexible and adaptive’ over approach to connected cars
’As more of those vehicles come on the road, it will be obvious what additional risks are and how we need to handle the data, says senior VP
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NewsProvenance continues growth in private client sector with new supercar proposition
’This partnership is a natural extension of our commitment to delivering tailored insurance solutions,’ says director
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NewsABI issues IPT plea ahead of upcoming Autumn Statement
’IPT has increased more rapidly than the tax rate applied to alcohol and gambling,’ says association
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NewsDirect Commercial launches new portal for brokers in commercial motor market
’Integrating our new portal is the latest step in our continued response to enhance services for brokers,’ says head
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IT InterviewPaul Stacy: Market conditions ‘perfect’ for better application of telematics data
’Without these vital ingredients, usage-based insurance propositions are unlikely to deliver reduced claims frequency and improved underwriting performances,’ says chief executive
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NewsRecent surge in motor premiums making cover unaffordable for UK drivers
’It is concerning that one in four drivers are struggling to afford cover,’ says managing director
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NewsAviva warns insurers of telematics challenge that connected cars could present
’This connectivity is not just a technological advancement – it represents the future of motor insurance as well,’ says head of retail specialty trading
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News AnalysisThe most complained about products in UKGI
Insurance DataLab analyses the latest ombudsman complaints data to find out which product lines – and which insurers – are receiving the most complaints from consumers
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NewsMotor insurance prices rise at record pace – but is ‘stabilisation’ in sight?
’The upcoming months will reveal whether this trend materialises,’ says director of insurance pricing
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NewsSafely Insured announces switch to smartphone telematics
’While a number of insurers have stepped away from young driver insurance in recent months, we remain fully committed to this market ,’ says personal lines director
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News AnalysisBriefing: Automated Vehicles Bill answers key questions – but more collaboration with insurers is needed
The government will set out a framework over how self-driving cars can be used on UK roads
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NewsMore motor and home insurance customers relying on credit to pay for cover
’There has been a sharp rise in the number of people turning to credit,’ says marketing and communications director
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NewsActuris inks partnership with DLG on Motability Scheme
’This is one of the biggest single projects undertaken by Acturis,’ says boss
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NewsABI issues government plea as motor prices hit new record high in Q3 2023
’The government could help drivers with an immediate reduction in costs,’ says director
