Motor
Motor Mouth Podcast: Data advancements and customer experience
Welcome to the latest episode of the Motor Mouth podcast, as we count down to the Insurance Post event Motor and Mobility on the 15 June at Mercedes Benz World.
Motor premiums still in decline in real terms, says ABI
Motor insurance premiums are still at a seven-year low in real terms, despite optimism from other tracking publications, according to the Association of British Insurers.
Insurance-related nuisance calls and texts rose by 40% in 2021
After improving in 2020, insurance-related nuisance calls and messages rose by 40% in 2021, with Information Commissioner's Office receiving 3989 complaints.
Insurance Post TV: Price walking special – what impact has the FCA ban had on the personal lines market?
Insurance Post reveals the latest episode of its ‘magazine-style’ television show.
LV provides helpline access for men in its repair garages
LV has launched an initiative to provide men with a safe space to talk about their problems at the garages within the LV repair network.
Admiral defeats fundamentally dishonest fraudster; Ardonagh Academy launched; start-up Coral aims to disrupt LEI sector; and Pool Re to cut prices
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Motor insurance fraud roundtable: Data and diligence, how can insurers combat any increase in criminal activity?
Insurance Post, in association with LexisNexis Risk Solutions, recently gathered experts together to discuss how issues such as ghost broking, the current limitations of benchmarking and fraud detection are pertinent to rooting out motor insurance fraud.
Interview: James Blackham, By Miles
James Blackham, CEO of By Miles, talks to Jen Frost about why the regulator had to step in over dual pricing and why usage-based insurance is the future
Motor semiconductor chip shortage crisis expected to be solved in the second half of the year
Volvo CEO Jim Rowan expects the semiconductor chip shortage crisis facing the motor manufacturing market to be solved in the second half of the year.
Intelligence: Is the government doing enough to drive out distraction on the roads?
The government recently closed a loophole in the legislation on driving with mobile phones. Sam Barrett finds that while the changes are welcome, there are concerns that the law does not go far enough, and legislation needs to be tougher still
Tower Brook acquires Premium Credit; ABI reports motor premiums have fallen 5% in Q1; Aston Lark buys UK Global; and Seventeen snaps up broker
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Cost of Gable collapse to FSCS hits £78m
The cost of the 2016 collapse of unrated insurer Gable to the UK’s Financial Services Compensation Scheme surpassed £78m at the end of last year, a liquidators’ report has revealed.
What does the dual-pricing ban mean for the future of insurance?
Insurance Post and PayPal surveyed the insurance industry to assess the impact of the ban on dual pricing for new and existing home and motor insurance customers and the factors that will influence future purchase.
Motor Mouth Podcast: What challenges do EVs pose for insurers?
Welcome to the return of the Motor Mouth podcast, as we count down to the Insurance Post event Motor and Mobility on the 15 June at Mercedes Benz World.
Low motor accident claim levels raise concerns that 'injured people are not claiming'
A claimant organisation has raised concerns that the number of registered motor claims in the first quarter of 2022 remained at a pandemic level, despite road traffic mostly returning to normal.
Analysis: Unstable firms are falling off the Rock
Post looks at a series of insurer failures in Gibraltar – and asks what the future will look like for existing and new entrants.
Transport secretary to ‘crack down’ on private e-scooter market
Transport Secretary Grant Shapps suggested the transport committee will announce the government’s plans for non-trial e-scooters in the Queen's Speech, as he pledged to “crack down” on sales of e-scooters that do no meet standards.
2021 insurtech funding breaks record; Aviva in Tractable tie-up; Dive-In Festival theme announced and Lloyd's syndicate offers adjusters green bonus
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Trade Voice: ABI's Jonathan Fong on the risks that e-scooters pose to road safety
With the number of privately owned e-scooters in the UK already in excess of half a million, Jonathan Fong, policy advisor at the Association of British Insurers, argues that any wider expansion of their use must not happen without robust regulations…
Man sentenced after using two names to claim twice for same car accident
A man who made claims for the same car accident in two different names to Aviva and concealed information from Zurich has been ordered to pay back £58,000 in compensation.
Vnuk cut gets Lords committee green light
The Motor Vehicles (compulsory insurance) Bill, which looks to amend the controversial Vnuk Law, has passed through the Lords committee.
Highway Code updated for self-driving vehicles as education concerns persist
The government has confirmed changes to the Highway Code to ensure the first self-driving vehicles are introduced safely on roads.
Intelligence: Ireland is cautiously optimistic about its financial future
As Ireland emerges from the Covid-19 pandemic into a post-Brexit world, David Worsfold explains that after addressing past regulatory failures, and now looking to make personal injury reforms, the Irish insurance market is currently looking forward and…
Blog: How using recycled parts can help address claims inflation and meet ESG objectives
Motor insurers and their salvage partners must work together to overcome the hardships of UK living costs rising and world events driving economic uncertainty. Jim Loughran, CEO of e2e Total Loss Vehicle Management explores how an end-of-life vehicle is…