Motor - personal
Analysis: Joining forces on Adas: How motor manufacturers are looking to work with insurers on driver safety
As insurers complain of double-digit increases in repair costs as a result of advanced driver assistance systems, Edward Murray spoke to motor manufacturers about why the underwriting focus needs to move from the driver to the vehicle.
Analysis: How can insurers offset the increased repairer costs associated with Adas?
For all the work has been done by the insurance industry to contain and control personal injury costs, many are seeing repair claims increasing as a result of a wider use of advanced driver-assistance systems. Edward Murray looks at what the sector can…
Motor premium upturn 'on the horizon' after modest Q4 price cuts: Confused and WTW
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.
Salvage loopholes need closing to stop car theft
The Association of British Insurers director of general insurance policy James Dalton has urged the salvage trade body to tighten the security of the salvage chain.
‘Business as usual’ for Eldon as Debenhams enters administration
Debenhams’ holding company has entered administration, but the retailer's policyholders are unaffected according to broker Eldon.
Whiplash reforms drive £100 fall in car insurance premiums over last quarter
Car insurance premiums fell by £100 between December and February due to whiplash reforms and a six-month reduction in the number of car registrations, according to analysis by Comparethemarket.
Insurers can 'breathe easier' as Supreme Court clarifies the use of compulsory motor insurance
Supreme Court has ruled against Axa in a landmark dispute between a property damage insurer and a motor insurer over £2m fire claim.
Special Report: Motor Insurance Research 2019: Expert View
With Adas on the rise, insurers need to better understand these technologies, including their impact on safety and claims, to derive the greatest benefits from them. National Windscreens managing director Jan Teo highlights how education can play a…
Special Report: Motor Insurance Research 2019
What’s fueling motor insurance today? Michele Bacchus talks to the industry and gives the low-down on what’s heading down the highway towards insurers in both the fast and slow lanes
Brexit could fuel motor price uptick after year of falling premiums
Despite motor insurance premiums falling 6.7% in the past year, data analytics company, Consumer Intelligence, has warned that concerns over Brexit could be causing premiums to creep upwards.
Blog: How ready is the motor insurance supply chain for the electric future?
Electric vehicle sales might be on the rise, but questions remain about how ready the insurance sector is for what has been described as “biggest technology advancement since the invention of the combustion engine”. Europcar Mobility Group UK’s James…
Driverless experts split over ‘manual’ driver premiums
A move towards autonomous vehicles could lower premiums for drivers of non-autonomous cars, but insurers remain split over the issue.
Aviva wins landmark appeal in fundamental dishonesty case
Aviva has won a landmark appeal case that could see fundamentally dishonest claimants denied all damages, not just those relating to personal injury.
Analysis: How might a no-deal Brexit affect claims inflation?
With the outcome of Brexit still unclear and a possible European Union exit on 29 March looming, some insurer bosses have cautioned that we could see rising claims inflation this year.
Admiral profits benefit from anticipated Ogden rate change
Admiral has seen profit grow on the back of claims releases ahead of an anticipated change in the Ogden rate.
Interview: Janet Connor, The AA
A lot has changed at the AA in the five years since Janet Connor, now director of insurance, joined the organisation. She explains to Jonathan Swift how an investment in data and technology – alongside the relaunch of its insurance company and board…
Direct Line to target price comparison sites with Darwin launch
Direct Line will launch a business called Darwin in the next quarter focused exclusively on sales from price comparison sites.
Go Compare expects increased dual pricing in motor
Go Compare is expecting differential pricing to grow more pronounced this year, potentially buoying the company’s flagging motor comparison business.
Telematics Watch: Telematics and safer driving – is it working?
With telematics volumes rising steadily in recent years to pass the one million policy mark, a key question for those looking to accelerate its take-up further is whether the main premise of the product – that it is making the UK’s roads safer – is being…
Pay-per-mile motor insurtech By Miles raises £5m
By Miles has raised £5m in a Series A funding round led by Bought by Many investor, Octopus Ventures.
LV's Mike Crane on dealing with changing customer expectations
Customers’ expectations are changing and they are demanding to be more informed. Mike Crane says insurers risk alienating customers if they don’t explain how and why they price risks
Court throws out claim that would have created 'fraudsters' charter'
A six year landmark case that would have 'driven a coach and horses' through UK law has been thrown out by the Supreme Court.
Ageas UK says long goodbye to Ogden impact as CEO Watson hails ‘strong’ motor performance
Ageas UK saw a threefold increase in profitability in its 2018 full year results, reporting a profit of £76.7m compared to £25.4m in 2017.
This week in Post: Couples and coupes
With Valentine’s Day yesterday, the Post team started the week by bracing ourselves for an inevitable slew of romance-related press releases. We weren’t disappointed.