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Motor

Q&A: Rich Tomlinson, Thatcham Research

Rich Tomlinson, insurance sector director at Thatcham Research, talks to Insurance Post about his first month in the role and the ongoing technological changes which are shaping the motor insurance industry.

Poverty premium adds £224 to motor insurance costs

The “tax on being poor” identified by the Financial Conduct Authority’s former head of insurance Matt Brewis remains firmly in place, according to new research from Fair By Design and the University of Bristol’s Personal Finance Research Centre.

Industry agrees on maximum daily credit hire fees

New maximum daily hire rates, agreed between insurer and credit hire company subscribers to the general terms of agreement, come into force from 1 July following another successful independent rate review.

Diary of an Insurer: Konsileo’s David Sedgeley

David Sedgeley, chief commercial officer of Konsileo, kicks off his week with a walk along the old railway line on the Isle of Wight, catches up with a client over a cup of tea, and prepares for KonsileoCon.

AI could kill the insurance renewal habit

Editor’s View: With more than 70% of consumers expecting artificial intelligence to influence their insurance purchases within the next year, Emma Ann Hughes predicts renewals face their biggest disruption right now since the demise of the Yellow Pages.

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