Motor – Page 5
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News AnalysisCiaran Astin: Howden-owned KGM to ‘double in size’ as part of Dual UK growth push
‘Our ambition is to double the business in the medium term,’ says chief personal lines officer and managing director
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NewsE-bike boom exposes regulatory and insurance gaps
E-bike use is rapidly rising, but outdated rules and poor data collection is making insurance harder to deliver
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NewsVan premiums drop by 4.7% over last year
’The deflationary trend started as we moved into 2025,’ says analyst
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News AnalysisWhat 30 years of DVLA data reveals about the changing face of UK roads
Ever busier roads, electric and hybrid vehicles, self-driving technology and ageing vehicle fleets have all played a part in changing the composition of UK roads – and insurers must pay careful attention in order to remain in control of a dynamic market
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NewsPersonal lines distributor secures new A rated capacity from four insurers
’From classic vehicles to new luxury homes on wheels, with this new broad and secure panel we are bringing much need choice to the market,’ says director
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NewsKia teams up with LexisNexis to enhance driving insights
’This collaboration empowers our customers with real-time driving insights while supporting the insurance industry with meaningful, privacy-conscious data to deliver tailored insurance solutions,’ says head
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NewsUK motor insurers expected to break even this year and dip into red in 2026
’Following just one year of underwriting profitability in the last three, UK motor insurers are once again bracing for challenge,’ says partner
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NewsRAC partners with insurtech for new telematics product
’This partnership is the missing piece of the jigsaw for us – we’re now working with a major motoring brand,’ says chief executive
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NewsMGA adds Financial and Legal to Gap panel
’Gap insurance remains a vital protection product for vehicle owners and an important revenue stream for brokers,’ says managing director
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NewsCar insurance premiums continue ‘retreat’ from all-time high in 2023
’The current trend of market consolidation and fear of losing scale to a handful of mega-insurers may be a contributor as insurers continue to drop rates to remain competitive,’ says head
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NewsAllianz UK set to cut 650 jobs by end of 2025
’We are investing in a multiyear transformation programme to become a simpler, digital-led, leaner business,’ says Allianz UK spokesperson
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News AnalysisInsurers gearing up for changing motor trends
Increasing demand for motor insurance policies that cater towards flexible driving is fomenting market adaptation – but is this just a flash in the pan, or a longer-term trend?
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NewsFather and son sentenced for role in £60,000 ghost broking scam
‘Confiscation proceedings should send a clear message that Ifed will use its full suite of options to ensure that ghost brokers do not benefit from criminal activity’, says DC
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NewsDLG and Markerstudy help expose ghost broker posing as law firm
‘Not only were victims left out of pocket and driving uninsured, but their details were used unknowingly in collisions that never happened,’ says intelligence and investment manager
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NewsMotor and home insurance premium falls accelerated in May
‘Insurers appear to be adjusting rapidly to shifting claims dynamics and competitive pressure, which is now manifesting as more pronounced reductions across a broader range of customer segments,’ says director
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NewsMotor insurer shifts gears as it promotes for new managing director
‘Our motor business has delivered some excellent results in a turbulent market due to our disciplined approach to underwriting,’ says chief executive
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NewsMotor finance provider partners with insurance technology firm on embedded proposition
The collaboration will provide insurance services across 12 car brands
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NewsAnnual payments would drive one in four customers to policy changes
‘Cancelling insurance cover is a major risk and, in many cases, will be a false economy if consumers have to fund major unexpected bills which they could have claimed for,’ says spokesperson
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NewsElectric and hybrid vehicles tackled in ABI salvage code update
‘It’s important the code moves with the times and this update reflects the increasing sophistication of our vehicles,’ says leader
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NewsQBE’s plea as lithium-ion battery fires surge by 93%
’Raising awareness around safe charging, use and disposal of lithium-ion batteries is critical to keeping people and property safe,’ says practice leader
