Motor – Page 10
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NewsHome insurance premiums rise as motor prices dip
A pricing index has revealed the rate of premiums movements across May
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NewsLabour calls for investigation into ‘out of control’ car insurance premiums
’Labour won’t sit back and watch while drivers are punished by the out of control cost of cover,’ says shadow transport secretary
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NewsMotor insurers trailing other sectors for digital personalisation
’There is still progress to be made,’ says partner
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NewsDLG-owned motor ownership app shutting down after nine months
’Thanks to everyone for joining us on this journey, but we’re putting the brakes on the Caha app,’ says firm
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IT InterviewJames Daley: Industry must increase consumer trust to avoid political intervention
Following the implementation of fair value and Consumer Duty, managing director believes ‘commission levels and claims ratios will be the next areas of focus for the regulator’
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NewsSabre Insurance’s outlook ‘remains unchanged’ as it posts Q1 2024 results
’We have delivered high levels of premium growth whilst also increasing prices to cover fully forward-looking claims inflation,’ says chief executive
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NewsMotor market grew GWP by 25% in 2023 – Oxbow Partners
Sector set to be more profitable in the year ahead because it ‘is pricing much more effectively for costs they have to suffer’, says head of market intelligence
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NewsMore consumers relying on credit to buy cover
’The numbers of people using credit to pay for insurance continues to rise,’ says director
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NewsMotor insurer becomes IFB member
’We look forward to integrating services into our processes and platforms,’ says head
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News AnalysisOpinion: Personal motor market continues to be messy
With 28% of UK motorists committing application fraud, can motor insurance customers really blame insurers when claims aren’t paid out?
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NewsNew benchmarking tool for the insurance market launched
’It transforms complex market and competitor data into actionable insights,’ says chief executive
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NewsAgeas launches new motor repairs workshop
’There is so much we can do to reduce the environmental impact of vehicle repairs,’ says claims director
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NewsMotor insurers hope for claims costs relief at upcoming law review
’It is to be hoped that the many levels of prudence baked into the last review are addressed as part of this review,’ says president
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NewsPolicy Expert hires ex-Aviva leader for c-suite role
’I look forward to working closely with the team at Policy Expert to accelerate growth,’ says new appointee
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NewsUK motorists ‘stretching the truth’ to lower car insurance premiums
’Lying to secure lower insurance premiums is never a sensible idea,’ says chief executive
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NewsRegulatory action warning issued as motor complaints surge
’Consumer Duty means that the FCA has never been more interested in customer outcomes and this type of data,’ says co-founder
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NewsVan insurance premiums rise – but rate of increase is slowing
’The recent two quarters movements suggest that the rate of inflation is showing signs of slowing,’ says senior insight analyst
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NewsSupreme Court mixed injuries ruling opens way to dispute resolution adoption
’In three to five years, dispute resolution will be the norm for settling these types of claims,’ says commercial director
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NewsMotor premiums stabilise – but cost to insurers mounts
’These figures show how competitive the motor market is,’ says director
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NewsPeppercornAI raises more than £3m to develop AI platform
’Technology, specifically AI, has the potential to completely change the way consumers buy and manage their insurance policies,’ says chief executive
