Motor – Page 10
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NewsWarning as data shows insurers ‘need to up game’ ahead of Consumer Duty deadline
’As part of its new Consumer Duty, the FCA should clamp down on firms that fall below the required standards,’ says expert
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News AnalysisSabre’s move to CDL heralds ‘more sophisticated pricing’ for the insurer
Prices can now be set and rolled out in one day instead of having a six week wait via the traditional process
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News AnalysisBriefing: Dominoes tottering as falling motor market margins cause exits
With a slew of recent reassessments of involvement in the motor insurance market, what can we expect going forward?
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NewsIncreases in motor insurance premiums outstrip CPI inflation
’Motorists are facing the sharpest acceleration in premium rates,’ says UK head of P&C pricing
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NewsTractable announces plan to bolster R&D after raising just under £50m
’I’m excited by what we can achieve,’ says Insurtech 50 chief executive
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NewsDrivers with penalty points at risk of significantly heightened premium costs – Forbes Advisor
’Data shows a drastic increase from just one to three points,’ says expert
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NewsHowden expands driving data capabilities with new chief data officer
’I am really excited to be joining the technology and data team,’ says new appointee
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NewsBackchat: July/August 2023
Throwback 80s and 90s insurance singing boy bands, awards, Formula 1 and a former professional footballer, what has the insurance industry been up to of late? You heard it here first…
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NewsZurich UK floats withdrawal from home and motor broker distribution
The insurer has proposed plans to refocus its personal lines home and motor business
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NewsMotor premiums rise in Q2 2023 amid ’soaring cost of claims’ – Pearson Ham
’Indicators suggest that the trend of rising premiums will continue,’ says insurance pricing director
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News AnalysisTech 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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NewsFCA 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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NewsWinn 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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NewsAxa 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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NewsDirect 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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NewsCar insurance premiums seeing ‘alarming acceleration’ – Consumer Intelligence
’The motor insurance market is witnessing unprecedented premium inflation,’ says insight manager
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News AnalysisBriefing: 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 AnalysisBriefing: 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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NewsWarning 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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NewsWarning as bogus insurance claims rise
’Turning to crime to make some quick cash is never the answer,’ says detective chief inspector
