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The truth about telematics?

Lynn Rouse

It is no secret that even those with the most tenuous link to the UK motor insurance market are obsessed with telematics – and the panacea it promises to all. You only have to flick through the pages of this week’s Post to back that up.

Insurers, soon to be banned from using gender as an underwriting factor, have high expectations of it delivering the most accurate individual risk data possible. Who needs an actuarial table based on

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Axa Group has reported 5% growth in property and casualty gross written premiums to £58bn, driven by commercial lines and strong new business in personal lines globally, but softer pricing in UK & Ireland dragged down personal lines rates.

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Four years after their introduction, Branko Bjelobaba is principal of Branko Ltd, observes the Financial Conduct Authority’s fair value rules remain costly, unclear, and ineffective offering consumers little real insight into whether general insurance products genuinely deliver value.

Will the CMA tame pet insurance costs?

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