Motor – Page 2
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NewsFOS makes insurance prediction as more complaints expected in 24/25
’In the year ahead, it’s likely that our service will see increasing levels of complaints,’ says chief executive
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NewsAviva launches new telematics initiative for drivers
’The more safely the person drives, the more they could save on their Aviva motor insurance when they come to renew their policy,’ says head of retail propositions
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NewsHome insurance premiums surge after bad weather strikes in Q1 2024
’The anticipated timing for lowering of home insurance premiums remains uncertain,’ says director
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NewsConsumer trust declines following surge in insurance premiums
’The sharp rise in insurance prices is inevitably taking its toll on levels of customer trust in the sector,’ says managing director
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NewsFCA identifies ‘areas for improvement’ in insurers’ valuation of vehicles
The findings of the regulator’s multi-firm review have identified some failings in motor total loss claims
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NewsInsurance industry not matching customer expectations for green parts – Solera
’Insurers and garages can play a vital role in helping customers understand the green options available,’ says managing director
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NewsSupreme Court unanimously rejects insurers’ mixed injury appeal
People with mixed injury claims can claim full common law compensation for their non-whiplash injuries at the same time as the statutory tariff payment for whiplash, the court has ruled
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NewsBroker to automate NCD verification process
’We can significantly improve our service and highlight potential discrepancies at an early point in the customer journey,’ says senior trading manager
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NewsDLG making significant cost cuts after recording operating loss of nearly £200m
’We need to do more to drive performance,’ says chief executive
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NewsSabre ‘now seeing the benefits’ of making an early call on inflation – Geoff Carter
’One of the key things we do around pricing development is constantly churning the data to get the right price,’ says chief executive
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NewsInsurer exits from young driver market prompts launch of new product
The product ’promises to reset the balance by giving drivers a high-quality product’, says executive vice president
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NewsDLG bid evidence of ‘a fairly optimistic outlook’ for UK motor
The bids “suggest that someone who knows quite a lot about UK motor thinks it’s an area worth investing in”, says chief executive
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NewsBackchat: March 2024
Discretionary motor commissions, an arty insurer, insuring love and a new climate protest group targeting the industry. What has the insurance sector been up to this month? You heard it here first…
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NewsAviva and Darwin announce second autonomous vehicle passenger shuttle
’This trial will give us access to a wealth of rich data,’ says head of motor
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NewsAdmiral posts COR of 88.7% for 2023
’2023 was a more encouraging year after a difficult 2022 for the industry,’ says UK chief executive
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IT Interview‘Scalability and growth is a massive thing for us’ – GoShorty
’That was the first barrier that was broken down – the idea that software houses only wanted to deal with big blue-chip companies and well-established brokers,’ says founder and managing director
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News AnalysisBriefing: The trouble with motor insurance
Discriminatory pricing is evident in motor insurance premiums – the industry needs to come up with new ways to make this product more accessible and affordable
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NewsJM Glendinning expands portfolio with broker buy
’This is a great opportunity for JM Glendinning and will unlock many opportunities,’ says managing director
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NewsThe Green Insurer inks partnership with LV= General Insurance
’Expanding our panel of insurers shortly after launch is a major endorsement for The Green Insurer,’ says chief executive
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News AnalysisWhat does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
