Sponsored content: Frances Leury, product manager at Pearson Ham, zeroes in on the van insurance sector
Industry commentators agree that there are still a number of question marks to be addressed before the insurance of self-driving cars can become a reality
As the Labour party vows to tackle ’out of control’ premiums, industry experts respond to politicians’ pledges
’It’s a whole new category of insurance and it’s going to be huge,’ says chief operating officer
Citizens Advice coined the term ‘ethnicity penalty’ in 2022 to describe when people of colour pay higher insurance premiums than white people – how is the sector ensuring that ethnicity is not influencing pricing?
’People cannot access the legal support and we see when people use the portal it is a very difficult system to navigate,’ says chairman
’You do not need a sledgehammer to crack a nut,’ says chief executive
A concerted effort to bring down claims costs must begin – and there’s not really any other option
It comes after the shadow transport secretary said Labour would call on regulators to investigate increasing premiums
Chief executive flags that ‘supporting our partners to keep customers is the lifeblood of our business’
’Both businesses share our ‘clients first, people first’ ethos and as such they will be superb additions,’ says chief executive
A pricing index has revealed the rate of premiums movements across May
’Labour won’t sit back and watch while drivers are punished by the out of control cost of cover,’ says shadow transport secretary
’There is still progress to be made,’ says partner
’Thanks to everyone for joining us on this journey, but we’re putting the brakes on the Caha app,’ says firm
Following the implementation of fair value and Consumer Duty, managing director believes ‘commission levels and claims ratios will be the next areas of focus for the regulator’
’We have delivered high levels of premium growth whilst also increasing prices to cover fully forward-looking claims inflation,’ says chief executive
Sector set to be more profitable in the year ahead because it ‘is pricing much more effectively for costs they have to suffer’, says head of market intelligence
’The numbers of people using credit to pay for insurance continues to rise,’ says director
’We look forward to integrating services into our processes and platforms,’ says head
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