Motor
News
Van premiums drop by 4.7% over last year
’The deflationary trend started as we moved into 2025,’ says analyst
News Analysis
What 30 years of DVLA data reveals about the changing face of UK roads
Ever busier roads, electric and hybrid vehicles, self-driving technology and ageing vehicle fleets have all played a part in changing the composition of UK roads – and insurers must pay careful attention in order to remain in control of a dynamic market
News
Personal lines distributor secures new A rated capacity from four insurers
’From classic vehicles to new luxury homes on wheels, with this new broad and secure panel we are bringing much need choice to the market,’ says director
News
Kia teams up with LexisNexis to enhance driving insights
’This collaboration empowers our customers with real-time driving insights while supporting the insurance industry with meaningful, privacy-conscious data to deliver tailored insurance solutions,’ says head
News
UK motor insurers expected to break even this year and dip into red in 2026
’Following just one year of underwriting profitability in the last three, UK motor insurers are once again bracing for challenge,’ says partner
News
RAC partners with insurtech for new telematics product
’This partnership is the missing piece of the jigsaw for us – we’re now working with a major motoring brand,’ says chief executive
News
MGA adds Financial and Legal to Gap panel
’Gap insurance remains a vital protection product for vehicle owners and an important revenue stream for brokers,’ says managing director
News
Car insurance premiums continue ‘retreat’ from all-time high in 2023
’The current trend of market consolidation and fear of losing scale to a handful of mega-insurers may be a contributor as insurers continue to drop rates to remain competitive,’ says head
News
Allianz UK set to cut 650 jobs by end of 2025
’We are investing in a multiyear transformation programme to become a simpler, digital-led, leaner business,’ says Allianz UK spokesperson
News Analysis
Insurers gearing up for changing motor trends
Increasing demand for motor insurance policies that cater towards flexible driving is fomenting market adaptation – but is this just a flash in the pan, or a longer-term trend?
News
Father and son sentenced for role in £60,000 ghost broking scam
‘Confiscation proceedings should send a clear message that Ifed will use its full suite of options to ensure that ghost brokers do not benefit from criminal activity’, says DC
News
DLG and Markerstudy help expose ghost broker posing as law firm
‘Not only were victims left out of pocket and driving uninsured, but their details were used unknowingly in collisions that never happened,’ says intelligence and investment manager
News
Motor and home insurance premium falls accelerated in May
‘Insurers appear to be adjusting rapidly to shifting claims dynamics and competitive pressure, which is now manifesting as more pronounced reductions across a broader range of customer segments,’ says director
News
Motor insurer shifts gears as it promotes for new managing director
‘Our motor business has delivered some excellent results in a turbulent market due to our disciplined approach to underwriting,’ says chief executive
News
Motor finance provider partners with insurance technology firm on embedded proposition
The collaboration will provide insurance services across 12 car brands
News
Annual payments would drive one in four customers to policy changes
‘Cancelling insurance cover is a major risk and, in many cases, will be a false economy if consumers have to fund major unexpected bills which they could have claimed for,’ says spokesperson
News
Electric and hybrid vehicles tackled in ABI salvage code update
‘It’s important the code moves with the times and this update reflects the increasing sophistication of our vehicles,’ says leader
News
QBE’s plea as lithium-ion battery fires surge by 93%
’Raising awareness around safe charging, use and disposal of lithium-ion batteries is critical to keeping people and property safe,’ says practice leader
News
Motor and home insurance markets stabilising as premium drops slow
‘The sharp falls of recent months are slowing and this may be the early signal of a market beginning to stabilise,’ says director
News
Top 10 motor insurers see net loss of 20,000 existing customers to rest of market
‘While the big insurance providers appear to be more equipped to select and retain a more favourable profile of risk, the rest of the market appears to be catching up,’ says senior director
The Insurance Times Five Star Rating Report is the first at-a-glance guide to insurer experience, created for brokers by brokers.
The ratings distil the key findings of the well-established Broker Service Survey into an indispensable tool to help brokers select the right insurer for their clients. Insurers are rated on the experience they offer to brokers using an easy to understand Five Star system, with the best insurers in the market receiving a coveted Five Star rating.
View the 2023 Personal Lines Report
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