Motor – Page 8
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NewsSome motor insurers burying their heads in the sand over self driving vehicles – By Miles
’It’s a whole new category of insurance and it’s going to be huge,’ says chief operating officer
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News AnalysisIn Focus: How can insurance firms address pricing and reputational challenges arising from the ethnicity penalty?
Citizens Advice coined the term ‘ethnicity penalty’ in 2022 to describe when people of colour pay higher insurance premiums than white people – how is the sector ensuring that ethnicity is not influencing pricing?
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NewsChanges to personal injury system causing legal access problems – Tomlinson
’People cannot access the legal support and we see when people use the portal it is a very difficult system to navigate,’ says chairman
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NewsAviva’s Blanc hits back at Labour’s ‘flawed’ view on car insurance
’You do not need a sledgehammer to crack a nut,’ says chief executive
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News AnalysisBriefing: Could government intervention create a rocky road for motor insurers?
A concerted effort to bring down claims costs must begin – and there’s not really any other option
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NewsLabour announces pothole plan as it looks to cut car insurance premiums
It comes after the shadow transport secretary said Labour would call on regulators to investigate increasing premiums
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NewsRegulation and retention are key concerns for personal lines brokers – Ageas UK
Chief executive flags that ‘supporting our partners to keep customers is the lifeblood of our business’
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NewsJMG Group announces double acquisition
’Both businesses share our ‘clients first, people first’ ethos and as such they will be superb additions,’ says chief executive
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NewsHome insurance premiums rise as motor prices dip
A pricing index has revealed the rate of premiums movements across May
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NewsLabour calls for investigation into ‘out of control’ car insurance premiums
’Labour won’t sit back and watch while drivers are punished by the out of control cost of cover,’ says shadow transport secretary
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NewsMotor insurers trailing other sectors for digital personalisation
’There is still progress to be made,’ says partner
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NewsDLG-owned motor ownership app shutting down after nine months
’Thanks to everyone for joining us on this journey, but we’re putting the brakes on the Caha app,’ says firm
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IT InterviewJames Daley: Industry must increase consumer trust to avoid political intervention
Following the implementation of fair value and Consumer Duty, managing director believes ‘commission levels and claims ratios will be the next areas of focus for the regulator’
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NewsSabre Insurance’s outlook ‘remains unchanged’ as it posts Q1 2024 results
’We have delivered high levels of premium growth whilst also increasing prices to cover fully forward-looking claims inflation,’ says chief executive
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NewsMotor market grew GWP by 25% in 2023 – Oxbow Partners
Sector set to be more profitable in the year ahead because it ‘is pricing much more effectively for costs they have to suffer’, says head of market intelligence
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NewsMore consumers relying on credit to buy cover
’The numbers of people using credit to pay for insurance continues to rise,’ says director
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NewsMotor insurer becomes IFB member
’We look forward to integrating services into our processes and platforms,’ says head
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News AnalysisOpinion: Personal motor market continues to be messy
With 28% of UK motorists committing application fraud, can motor insurance customers really blame insurers when claims aren’t paid out?
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NewsNew benchmarking tool for the insurance market launched
’It transforms complex market and competitor data into actionable insights,’ says chief executive
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NewsAgeas launches new motor repairs workshop
’There is so much we can do to reduce the environmental impact of vehicle repairs,’ says claims director
