Motor - Making in-roads

Uninsured motorists continue to be the bane of the insurance industry, but a proposed review of the situation involving all the interested parties looks like it may make some headway. Jo Dagustun, ABI head of motor, tells Rachel Gordon what she hopes this and other initiatives will achieve

Uninsured drivers are a claims manager's nightmare. The Association of British Insurers says one in 20 motorists - some 1.25 million people - are driving without cover and the numbers are rising.

But

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ABI unveils financial inclusion strategy

The Association of British Insurers has unveiled a financial inclusion strategy, which commits to addressing “unfavourable” premium finance practices and suggests exploring ways to subsidise motor cover for some drivers.

Irish guidelines for assessing damages to push up premiums

Aine Tyrrell, partner at law firm DAC Beachcroft, explains why fresh guidelines for the assessment of damages in Northern Ireland could add to the costs faced by insurers and contribute further inflationary pressure to premiums for liability and motor products.

Tackling turbulence for pet insurers

The pet insurance market is not short on options - the issue consumers have is understanding the many different choices. With better data though Sara Costantini, CRIF’s regional director for the UK and Ireland, suggests insurers would be better equipped to tailor solutions to meet policyholder needs.

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