Motor – Page 12
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NewsPremium finance costs revealed as FCA begins probe
The FCA said it would review whether motor and home insurance customers using the product were getting competitive deals
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NewsDefaqto updating platform to support general insurers with Consumer Duty
’It is a one stop shop and single point of truth for organisations if they want to understand a particular market,’ says chief executive
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Sponsored ContentAdapting motor insurance for the electric vehicle revolution – Gallagher Bassett
Gordon Vater, managing director of GB Technical Services, a division of claims and risk management business Gallagher Bassett, highlights the challenges and opportunities for forward looking motor insurers
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Sponsored ContentRTA linked medical reports face closer industry scrutiny – Carpenters Group
Kevin Perkins, technical lead and operations manager at law firm Carpenters Group, explains why medical reports within the Official Injury Claim portal are facing greater scrutiny as expert evidence is increasingly questioned
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NewsSNP urges Labour government to ‘get a grip on the costs’ of motor insurance
’Inflation might be easing, but the crippling costs of car insurance are only getting worse,’ says party’s economy spokesperson
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News AnalysisWould I lie to you?
Technology is playing a greater role in insurance operations, with the use of voice analytics gaining traction in claims functions
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NewsFCA probing another insurance product due to fair value concerns
It comes after the regulator warned that it could repeat the action it took with the Gap market in other sectors
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NewsLabour action to tackle motor premiums criticised for ‘industry-led approach’
’If the industry investigates itself, how do you avoid the outcome being skewed?’ says chief executive
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NewsGovernment clamps down on motor insurance after election pledge
Allianz’s UK chief executive has issued a statement following the move
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NewsCar insurance premiums drop for third consecutive quarter
’Insurers have felt able to continue the reducing trend in premiums,’ says UK head
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News AnalysisThe rising prominence of moped crash for cash fraud
‘This is the physical manifestation of that type of modern fraud that anybody can become a victim of,’ says detective inspector
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NewsWarning issued as personal injury compensation claims nosedive
’Many people who have suffered painful injuries and disruption to their lives are not receiving the compensation they need and deserve,’ says chief executive
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NewsMIB reveals results from latest crackdown on uninsured drivers
The operation continues to take place on the M8 motorway between Edinburgh and Langbank
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NewsCredit hire costs surge over the last decade – Keoghs
Research from Keoghs has highlighted the ‘detrimental’ impact of ‘litigious’ credit hire organisations on consumers
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NewsInsurers detect £1.1bn worth of fraudulent claims in 2023
’Cracking down on fraud continues to be a top priority for our industry,’ says assistant director
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News AnalysisRichard Morley: The secret behind cost pressure-busting lower classic car premiums
’We still see a large percentage of our customers paying less than £100 – pretty cheap,’ says broking director
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Sponsored ContentSix factors for a successful telematics programme – SambaSafety
Charles Smith, vice-president of product at driving risk management firm SambaSafety, outlines the components that should underpin a comprehensive telematics offering
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NewsGo Compare strikes deal with insurtech to boost pricing
’We realised the key issues faced by new companies were the cost of the system infrastructure and access to the right data and technology,’ says director
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NewsShift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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NewsMotor and home insurers’ APRs revealed as FCA action demanded
’That customers [paying monthly] can end up paying over the odds compared to those who pay for cover annually is blatantly unfair,’ says director
