Thursday seemed an appropriate day for insurtech Hippo to announce the outcome of its latest funding round – with temperatures reaching 38°C in places, the urge to emulate the mud-wallowing tendencies of its namesake animal became more and more tempting.
Confused has hired Stephen Dukes, former boss at the Commuter Club and Wonga, as its chief operating officer.
Exclusive: Confused will white label Uswitch’s insurance comparison business as part of a deal with the parent company.
As we head towards a welcome four-day weekend, the insurance world has been getting in the spirit for Easter in the only natural way: smashing chocolate eggs.
The price of car insurance fell 1.6% in the first quarter of 2019 after creeping upwards during the second half of 2018, according to the Confused car insurance price index, produced in association with Willis Towers Watson.
The Competition and Markets Authority last month provisionally found Compare the Market in breach of the competition law due to clauses included in its contracts with home insurers, which limit the price insurance providers can charge for their products…
Motor insurance premiums could reach 'new highs' as Brexit uncertainty drives first motor insurance rise in a year
Following four consecutive quarter-on-quarter price cuts motor insurance premiums have risen by an average of 1% for quarter three of 2018 according to the latest Confused car insurance price index – in association with Willis Towers Watson - amid…
A greater awareness of dual pricing among customers is seeing fewer people buying insurance online, according to research.
Motor managing general agent Hedgehog aims to reach £20m in gross written premium in its first year of operations, following its launch in Q4.
This week the UK has been focused on court cases and Inquiries.
Insurers have already started to reduce motor premiums ahead of the government’s proposed whiplash and discount rate reforms.
Motor premiums have risen at their slowest rate in 2017 for the first time in recent years, and declined 1.3% in the last quarter.
Car insurance prices have fallen by an average of 1.1% in the third quarter of 2017, the largest reduction in more than three years, however the effects will be short-lived, analysts said.
Confused has hired Louise O’Shea as its new CEO, taking over from Martin Coriat following his departure from the company in July this year.
Confused.com, Admiral’s price comparison business, saw profits almost half in the first six months of the year.
Admiral has reported a slight jump in its pre-tax profit during the first half of 2017, despite an earlier hit to profits of £150m from the Ogden rate change.
Confused.com has received a slap on the wrist from the Advertising Standards Authority for distributing ‘misleading’ motor insurance advertisement.
Price comparison sites are not giving enough clarity over pricing, with premium prices differing between each site for the same insurer.
Motorists are now paying on average £110 more for comprehensive car insurance than they did this time last year.
Men are paying on average £101 more for car insurance than women, despite EU rules banning insurers from taking gender into account when calculating premiums.
Car insurance premiums rose by 14%, equivalent to £95 on average, in 2016.
The average comprehensive motor insurance premium has risen by 9% over the last year, according to the Association of British Insurers.
Average UK comprehensive motor premiums have risen £100, or 17.3%, over the past year.
Admiral's CEO David Stevens has hailed the strength of the business as he unveiled his first results since taking on the top job.