Motor – Page 12
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News
Wrisk reports 219% year-on-year growth in H1 2024
’Our figures for 2024 are testament to our ethos of continuous improvement,’ says chief executive
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IT Interview
Geoff Carter: How scale, strategy and a ‘barbell approach’ to underwriting is keeping Sabre so profitable
’We won’t ever be the biggest, but we do want to be the most profitable,’ says chief executive
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News
Percayso inks partnership with UK aggregator for vehicle pricing
’We are constantly searching for innovations that improve our efficiency,’ says founder
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News
Sabre posts COR of 83.6% for H1 2024
’We are in a strong position at the halfway point of the year, having written good levels of premium at our target margins across all product line,’ says chief executive
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News Analysis
Will the lithium-ion battery boom trigger an insurance bust?
The rising use of lithium-ion batteries is increasing fire risks, prompting potential policy wording changes. How will the industry respond to this new challenge?
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IT Interview
Serge Raffard: Allianz Personal sees ‘huge opportunity’ in broker relationships
The ‘Frenchie’ leading Allianz’s personal lines business is excited by the ‘competitiveness’ of the UK market and the ability to action change quickly
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News
Ghost broker who pocketed over £17k in Instagram insurance scam caught
’Ghost broking is widespread across social media and more people must know the signs,’ says intelligence and investigations manager
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News
Insurance premiums drop for young drivers
’Whilst there’s no guarantee that these premiums are going to continue to fall, it’s certainly a step in the right direction,’ says chief executive
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News
Ghost broking activity continues to rise – IFB
Ghost brokers can ’leave victims seriously out of pocket’ and put policyholders ’into trouble with the police for driving without insurance,’ says director
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News
Van insurance premium rises starting to slow
Q2 2024 saw the lowest increase across the last five quarters
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News Analysis
Motor repair network must accelerate EV focus to support Labour’s 2030 vision
Upon election, the new government may move to reintroduce the 2030 ban on new petrol and diesel car sales – but how will this impact the insurance industry?
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News
Brokers raise concerns over accident management companies
’Our findings highlight a pressing need for greater openness and accountability,’ says deputy chief executive
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News
Broker network secures new member
’We’re delighted to be supporting Brokerbiity members and their clients with our groundbreaking technology,’ says sales director
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News
Car insurance premiums ‘starting to stabilise’
Q2 2024 showed a continued decrease in pricing despite insurers facing ongoing challenges
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News
Kwik Fit to offer motor insurance through its website
’We have worked to make the process of getting a quote and confirming cover via our website as simple as possible,’ says marketing director
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News
Motor insurers record major losses in 2023 – but profitability expected to return
’High inflation and rising costs have resulted in an extremely difficult couple of years for the UK motor insurance sector,’ says UK insurance partner
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News
Labour urged to deliver on motor insurance pledge as injury claims drop
Executive director says figures contradict claims that cost of insurance premiums are being driven by claims costs
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News
Axa UK boss among executives to issue road safety plea to Labour
’We’re calling on the government to adopt the vehicle general safety regulations to help significantly improve safety for drivers,’ says chief executive
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News
Car insurance premiums begin to drop despite yearly surge
’The escalation of car insurance premiums may finally be at an end,’ says insurance insight manager
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News Analysis
Opinion: Has brand stacking replaced the loyalty penalty?
Research foundation feels some insurers are ‘committing the sin of omission’ when promoting tiered products