Sponsored content: Stephen Kennedy, managing director at Defaqto, says there is an important distinction between the consistency of a data collection process and the extent to which observed premiums can be considered representative of the prices that would be returned in a ‘real world’ situation
The (re)insurance market has to become more focused on mitigation as hail increasingly drives ‘billion dollar’ insured loss events, says chief executive
‘If you hit someone on a scooter, you’re immediately going to be terrified – and when people are terrified, it’s much easier get them at the scene, in shock, to admit liability,’ says partner
‘As inflation has eased, some insurers have shifted their focus back to growth, increasing competition in selected segments,’ says partner
‘Even what appears to be minor damage can result in claims of up to £3,000,’ says head
Sponsored content: Sandra Macdonald-Ames, risk practice lead for fleet at Gallagher Bassett, explores how hidden factors in driver behaviour can be used to reduce claims and improve safety
’We are confident this is the right home for our business, our people and our customers,’ says chief executive
’The number of people unaware of ghost brokers is a concern, especially since almost half of those questioned feel they’d be unable to spot a fake car insurance policy,’ says chief executive
’We’ve already proven the use case with a recent personal injury claim resolved in just 24 hours,’ says managing director
‘We felt there was a need for something that covers pothole damage, without having to bring your main motor policy into it,’ says founder and managing director
‘Classic owners are not the problem this policy is trying to solve,’ says head
Breakdowns now make up over three quarters of towing related incidents on UK roads, as an ageing fleet offsets a welcome drop in road traffic collisions
‘The casualty mix is changing as pedestrians, cyclists and motorcyclists are disproportionately represented in the most serious injury claims,’ says director
’Operations like these show that the rules apply to all motorists, regardless of the value of the vehicle they chose to drive,’ says chief executive
’Bringing together a dedicated panel of insurers in one place makes it easier for learners to compare their options and make well-informed decisions,’ says motoring insurance expert
Chief executive explains that the insurer is ’pricing for long-term sustainable growth with our UK motor business having increased rates earlier than the market’
‘The market is struggling to get a foothold’ on pricing and needs ‘some pretty chunky price increases’ to offset claims inflation, says chief executive
’Our new temporary taxi insurance changes the game,’ says managing director
’Motor insurers are working hard to keep premiums competitive and affordable for customers, despite ongoing high claims costs,’ says director of general insurance
Legal organisations are homing in on education as an important tool to tackle ghost broking tactics
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