Motor – Page 32
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NewsPolicy Expert reveals tech hiring plans to bolster growth
The insurtech continues to focus on broadening its use of artificial intelligence and machine learning to shape its pricing strategy
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NewsDirect Line to launch basic car insurance policy as premiums dip 8.9%
The new product will be launched in Q4
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News AnalysisOpinion: Insurers prepare for claims following winter hour rollback
Insurance firms grit their teeth as the darker winter weather heralds a likely increase in claims
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NewsInsurance Times Awards 2022: Greater Than is ‘passionate about disrupting the current insurance model’
Andrew Bennett, global insurance director and UK chief executive of Greater Than, explains to Insurance Times why he believes the firm should win the Excellence in Risk Management category at the 2022 Insurance Times Awards
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NewsMan found guilty of crash for cash fraud after fleeing the country
His sentencing follows his three accomplices being found guilty at trial last year
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NewsQ3 2022 most expensive quarter for motor premiums – Confused.com
The increase in premium prices is a result of insurers battling a ‘bitter cocktail of rising cost pressures’
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IT InterviewMatthew Puttick: Brokers continue to drive KGM Underwriting Services’ ambitions
Chief executive explains that the MGA is striving ‘to be the best that we can be’ in the UK motor insurance market because ‘if you stand still, you fail’
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News‘Continued, significant problems’ persist with OIC portal – Carpenters Group
The portal has performed ’far below even the most pessimistic expectation’, says law firm director
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NewsPercayso Inform to provide data solution for newly launched motor insurer
Zixty’s short-term motor insurance offering offsets the carbon footprint for its insureds via accredited tree planting organisations
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NewsInsurance Times Awards 2022: ‘Sustainability lies at the heart’ of IGO4’s business
Matt Munro, chief executive of IGO4, tells Insurance Times why his broker should win the Personal Lines Broker of the Year category at this year’s Insurance Times Awards
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NewsLatest OIC performance data show claims volumes remain low
Low percentages of claims originating from unrepresented claimants now ‘part of an established pattern’, says executive director
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NewsIFED makes seven arrests in latest fraud clampdown
The department anticipates that fraud is likely to increase due to the cost of living crisis and resumed foreign travel
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NewsMotor insurers and credit hire companies agree increased hire rates
The move hopes to ease pressure among GTA members and reduce risk for end customers
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NewsNew environmentally friendly motor insurer launched
Zixty will provide carbon footprint offsetting to its short term motor customers as part of its cover
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News AnalysisInsurers spooked as Halloween’s ‘mischief night’ approaches
With Halloween fast approaching, many insurers will be on their guard as the night is one the biggest for car theft, vandalism, fires and burglaries – but the need for cover doesn’t end there for some haunted customers
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NewsPolicy Expert hits record policy sales in ‘best month ever’ August
The insurtech’s executive chair and chief executive says the results confirms the success of its approach to ’harnessing data and tech’
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NewsOptimisation is ‘the game in town’ rather than simple pricing – RSA
At Earnix’s mid-September conference in London, RSA’s chief underwriting officer discussed how fair value might be applied to the increased quantity of products in the market
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NewsAxa UK Retail launches first in-house digital-only insurance brand
The development aims to be a ‘vital safety net’ for customers seeking flexible cover via technological means, says top boss
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AnalysisBriefing: Industry scratching its head over deepfake e-scooter fraud
What new types of claims and fraus will arise following the extension of the UK’s e-scooter trial?
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NewsCost of living crunch sees over-55s seek pay-as-you-drive car cover – Trakm8
Driver apps across the board are also proving to be popular
