Motor
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.
Speed limiters in cars 'could create insurance gap'
Exclusive: The government should close legal loopholes which could prevent owners of vehicles installed with mandatory speed limiters from claiming on their motor insurance, lawyers have warned.
Axa loses ground to new entrants in Northern Ireland motor market
Axa dominates nearly a quarter of motor premium in Northern Ireland, but its hold is slipping owing to new market entrants, unofficial figures show.
Sabre posts £61.9m profit as it predicts 'uncertainty' for 2019
Sabre Insurance group posted a profit before tax of £61.9m for the year ended 31 December 2018, from £53.3m in 2017.
Lloyd's outlines recovery plan for 2019
Lloyd’s syndicates will continue to face a rigorous performance management regime, as the market seeks to boost its profitability.
British Insurance Awards: Major loss - 25 years of going the extra mile
Insurance is only really tested at the point of claim and over the past 25 years the British Insurance Awards have celebrated the industry’s efforts to return the customer to where they were before the claim. Since 2003 major loss has been a standalone…
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
Allianz appoints Gerry Ross as head of commercial motor
Allianz has appointed Gerry Ross, previously regional underwriting manager for the South East, as head of commercial motor.
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.
Insurance fraud rises 27% finds Cifas
The number of fraudulent insurance claims have soared by 27%, fuelled by rises in household and motor fraud.
Amanda Blanc reveals Brexit fears over upcoming Solvency II review
Amanda Blanc said insurers should not accept a Brexit outcome that prevents the UK industry from having influence over a critical European Union Solvency II review.
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.
This month: Seeking the right fit
I’m a fan of making sure stuff is the right fit - I make a point of trying on new outfits in my own home with accessories and shoes to make sure it all works for me. I also test drove my new car a few times to check it was what I wanted. Aon, however,…
Aviva prepares for further claims inflation in 2019
Aviva’s UK business is anticipating pricing increases in 2019 as a result of non-weather claims inflation.
Generali Italia to invest €300m in growth
Generali Italia has launched a three-year growth strategy that will see the company invest €300m (£258m) in its own business, with a renewed focus on digital and tech-driven services and prevention.
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…
ERS returns to profit after suffering a loss of £12.2m last year
Specialist motor insurer ERS has reported a profit of £11.1m for 2018, following a loss of £12.2m in 2017.
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.
Analysis: What happens to motor after March 29?
In the event of a no-deal Brexit, motorists will have to carry green cards in the EU. But that’s just the tip of the iceberg
British Insurance Awards at 25: The judges reflect on the changing market
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…