MOTOR – Page 35
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News
Allianz and SYNETIQ launch green parts-based repairs platform
The new initiative is a ‘great step forward’ in ‘automated and sustainable motoring solutions’
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News
Majority of claimants still set to be represented by law firms or CMCs in new whiplash portal
Chief commercial officer questions ‘whether the hard yards of the last few years are really worth it’ if claimants fail to use the portal as Litigants in Person
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News
Cuvva challenges motor insurers with app-based subscription
Chief exec says ’annual car insurance is not inclusive’, so Cuvva’s subscription aims to ’support drivers that aren’t served well by the current market’
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News
Van insurance premiums fall by 2% year-on-year - Consumer Intelligence
‘Driving habits’ are a key contributing factor when it comes to premium pricing, says market research firm
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News
LexisNexis Risk Solutions partners with Mercedes-Benz
The agreement re-establishes the power of using advanced driver assistance systems for more personalised insurance
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News
Government ‘needs to put some rules in place’ for e-scooter use – Weightmans
Privately purchased e-scooters outside of the government’s schemes are unlikely to have insurance – cover requirements must be made clearer said law firm partner
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News
Wrisk closes £4.6m funding round
The insurtech will be using the funding to grow its team and scale its platform further
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News
Government needs ‘to do something positive’ to clarify impact of EU Vnuk ruling on UK law
The UK cannot rely on Brexit to eliminate the potential extra premium costs associated with the Vnuk ruling – the government must legislate, says law firm partner
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News
By Miles and Covéa Insurance enter new UBI partnership
The insurtech’s chief executive and co-founder said the business has just seen its ’strongest sales months ever’
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News
Covéa and John Lewis enter five-year motor insurance partnership
This extends the pair’s existing partnership, the two also have plans to simplify the customer experience using technology
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Features
Briefing: Industry and government at loggerheads over ALKS
While the insurance industry is raising red flags over safety concerns, the government is determined to push ahead with autonomous driving technology – it will all come down to public perception
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News Analysis
Peers debate whether whiplash injury tariff rates are ‘fundamentally flawed’ or ‘the right level’
Last week’s House of Lords debate revealed mixed perspectives from peers, however some are concerned that extra minor injuries added to whiplash claims may ‘dilute’ the effects of the planned reforms
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News
Markerstudy and Accredited reveal new insurance product
The launch aims to expand the group’s ‘predominantly wheels-based footprint’
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IT Interview
Semi-autonomous vehicles are ‘good news’ for claims exposure
However, data from motor manufacturers must be shared with the insurance industry to support premium and liability calculations
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News
Motor insurance premiums record biggest quarterly fall in 2021’s Q1 - ABI
The average price paid for motor insurance is at its lowest in nearly five years
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News Analysis
Amazon’s latest partnership could mend insurance sector's broken trust
Industry experts debate Amazon Business’s latest partnership with Next Insurance and what it means for insurtechs
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News
Government set to define ALKS as self-driving despite insurance industry warnings
Insurers and industry bodies urge caution as the government accelerates its plans for the implementation of automated lane keeping technology
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IT Interview
David Williams: ALKS cannot be considered automated or ‘we’ll see deaths’
The insurer is ‘quite nervous’ about the government communications and customer perception surrounding automated lane keeping system technology
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News Analysis
D&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel