Motor – Page 4
-
News AnalysisThe Big Question November 2024: What does UKGI hope will result from Labour’s motor insurance taskforce?
In October 2024, the newly elected Labour government established a motor insurance taskforce to ’crack down on spiralling costs’ – but what does UKGI anticipate will be the key actions arising from this body and will it have the desired impact on motor premiums?
-
News‘Polycrisis’ presents UK insurers with an opportunity to be ‘impactful’ – Axa UK and Ireland
Plus, Aviva’s UKGI boss emphasises that insurers must ‘put our money where our mouths are’ when it comes to engaging on ‘collective goals’
-
NewsMotor injury claims drop to record low in Q3 2024 – ACSO
Public liability claims increased substantially, however
-
IT Awards 2024Insurance Times Awards 2024: Peter James Insurance highlights work with classic car clubs
Gary Carlin, head of classic at Peter James Insurance, discusses the company’s entry for the Schemes Broker of the Year award
-
IT InterviewNik Ellis: Tech Champion prize celebrates ‘edgy’ firm that is not afraid of failure
Managing director says that to stay at the forefront of technology innovation and implementation, businesses must be ‘prepared to evolve’ and have ‘the nerve’ to try new things
-
News AnalysisWhich are the most complained about insurers?
Market intelligence firm emphasises that ‘insurers need to do better to prevent complaints from happening’ as redress payments increase
-
NewsTicker launches telematics policy for older drivers
’The Older Drivers Forum regularly receives emails from concerned mature drivers on what they can do to reduce premiums,’ says chair
-
NewsFCA gives green light to new insurance product for car dealers
’We’re thrilled to offer this to our dealer partners,’ says chief operating officer
-
News AnalysisBriefing: Why insurers need to embrace Labour’s motor insurance taskforce
The new government’s action provides the insurance industry with a golden opportunity to improve its reputation with consumers
-
IT Awards 2024Insurance Times Awards 2024: Keoghs and LV= partnership uses ‘groundbreaking methods’ to counter motor claims fraud
Damien Ward, head of motor and counter-fraud at Keoghs, discusses the firm’s entry for the Excellence in Fraud Mitigation – Service Provider award
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
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
-
NewsGovernment clamps down on motor insurance after election pledge
Allianz’s UK chief executive has issued a statement following the move
-
NewsCar insurance premiums drop for third consecutive quarter
’Insurers have felt able to continue the reducing trend in premiums,’ says UK head
