Hastings sees new business influx following Ogden change

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Hastings saw a 26% increase in gross written premiums in Q1 2017 from the same period last year, up to £214.7m from £171.0m in Q1 2016. For the quarter the group saw its market share of UK private car insurance rise to 6.7%, with live customer policies increasing to 2.42 million, a 14% year-on-year increase. Gary Hoffman, CEO of Hastings, said: “The recent Ogden rate change has increased premiums across the market. “Our digitally focused business model will allow us to benefit from increas