Road Safety Strategy: boon or burden for motor insurers?

The discussion features Ben Montgomery, senior product manager at Axa, Rob Clark, head of motor underwriting (direct) at Ageas, and Kate Hargan, head of motor crime at Clyde & Co, examining the government’s target to reduce road deaths and serious injuries by 65% by 2035, raising questions about the potential impact on claims frequency and severity.

Tom Clarke, motor strategy director at LexisNexis Risk Solutions, and Sarah Vaughan, founder of Angelica Solutions, also explore how mandatory training for new drivers and proposals to expand post-test driving experience across different road types could alter the risk profile of younger motorists, with implications for underwriting and pricing.

Stronger penalties for dangerous and uninsured driving are another key feature of the strategy, with experts considering whether tougher enforcement could curb high-risk behaviour, reduce fraud and cut claims costs.

Beyond risk reduction, the podcast highlights opportunities for insurers to innovate. 

Download the episode via your podcast provider of choice – Apple, Google, Samsung, Spotify, Audible, or more – by searching for Insurance Post.