As motor insurance premiums continue to squeeze household budgets, scrutiny from regulators and policymakers is intensifying. But with competing priorities and political setbacks, is real change on the horizon?
’For the first time since the pandemic, the annual DVLA stolen vehicle figures contained some much-needed good news for both the public and the UK motor insurance industry,’ says technical director
’Our latest data paints a difficult picture for drivers and the industry alike,’ says head of general insurance policy
Electrified vehicles now represent a 7.7% share of the UK’s used car market, which could impact the severity of lithium-ion battery risks insurers are grappling with
’The severity and financial impact of lithium-ion battery fires are considerable,’ says head of motor trade
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’The market has now seen 10 consecutive months of falling motor insurance premiums,’ says director
’Insurance fraud is a serious problem that pushes up the cost of policies for honest consumers and adds to insurers’ costs,’ says director of fraud
’Crash for cash fraud doesn’t go unnoticed by the insurance industry or law enforcement and we will work collaboratively to root out organised crime,’ says detective sergeant
’We’re proud to continue our support of the British Motor Museum,’ says head of classic
Sponsored content: Eddie Longworth, chief executive at E2E Total Loss Claims Management, discusses how the claims sector can utilise Consumer Duty to build trust with the paying public
’These brands excel at anticipating and addressing their customers’ needs, earning their place as standout leaders in the industry,’ says chief executive
’The intersection of influencer culture and online fraud presents a growing challenge for consumer protection,’ says partner and head of fraud
Brokers, insurers, the Lloyd’s market and the UK government have all got agenda items they want to see delivered in UK general insurance this year
Eddie Longworth, chief executive at E2E Total Loss Management, discusses how value chain suppliers must have a more focal role in M&A considerations
Kevin Perkins, technical lead and operations manager at Carpenters Group, explains the importance of informing young people about insurance fraud
’We would encourage the government to maintain focus on this issue,’ says risk proposition manager
’Cases like this demonstrate the greed of insurance fraudsters and the measures they will take for financial gain,’ says detective
Shirley Woolham, chief executive at Minster Law, tells Insurance Times her festive wishes for 2025 – including greater clarity on tariff timetables and an enhanced, industry-wide customer focus
’As an increasing number of car owners will testify, time from loss to pay-out has been slipping,’ says technical director
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View the 2023 Personal Lines Report