Pressure for the General Terms of Agreement to include electric vehicles is increasing, but those behind the scheme say that this inclusion can only come when key issues are resolved
Sponsored content: Eddie Longworth, chief executive at E2E Total Loss Claims Management, discusses how new capabilities could transform the recycled motor parts market
’With inflation and interest rates now falling, we appear to be turning a corner,’ says UK insurance leader
However, the average cost of motor insurance in the third quarter of this year was £50 higher than the same period in 2023
’Our roads are blighted by potholes and it is astonishing to see the problems they cause,’ says claims director
Chief executive says the insurer is in the early stages of a ’significant turnaround’ as it looks to make its operating model more efficient
In October 2024, the newly elected Labour government established a motor insurance taskforce to ’crack down on spiralling costs’ – but what does UKGI anticipate will be the key actions arising from this body and will it have the desired impact on motor premiums?
Plus, Aviva’s UKGI boss emphasises that insurers must ‘put our money where our mouths are’ when it comes to engaging on ‘collective goals’
Public liability claims increased substantially, however
Gary Carlin, head of classic at Peter James Insurance, discusses the company’s entry for the Schemes Broker of the Year award
Managing director says that to stay at the forefront of technology innovation and implementation, businesses must be ‘prepared to evolve’ and have ‘the nerve’ to try new things
Market intelligence firm emphasises that ‘insurers need to do better to prevent complaints from happening’ as redress payments increase
’The Older Drivers Forum regularly receives emails from concerned mature drivers on what they can do to reduce premiums,’ says chair
’We’re thrilled to offer this to our dealer partners,’ says chief operating officer
The new government’s action provides the insurance industry with a golden opportunity to improve its reputation with consumers
Damien Ward, head of motor and counter-fraud at Keoghs, discusses the firm’s entry for the Excellence in Fraud Mitigation – Service Provider award
The FCA said it would review whether motor and home insurance customers using the product were getting competitive deals
’It is a one stop shop and single point of truth for organisations if they want to understand a particular market,’ says chief executive
Gordon Vater, managing director of GB Technical Services, a division of claims and risk management business Gallagher Bassett, highlights the challenges and opportunities for forward looking motor insurers
Kevin Perkins, technical lead and operations manager at law firm Carpenters Group, explains why medical reports within the Official Injury Claim portal are facing greater scrutiny as expert evidence is increasingly questioned
The Insurance Times Five Star Rating Report is the first at-a-glance guide to insurer experience, created for brokers by brokers.
The ratings distil the key findings of the well-established Broker Service Survey into an indispensable tool to help brokers select the right insurer for their clients. Insurers are rated on the experience they offer to brokers using an easy to understand Five Star system, with the best insurers in the market receiving a coveted Five Star rating.
View the 2023 Personal Lines Report