Motor – Page 44
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NewsFewer motor claims drives strong H1 net result for Ageas
The insurer’s chief executive says there is a ’pressing need’ to recognise the market-wide pressures and uncertainty in the motor arena
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NewsAdmiral improves UK insurance book turnover by £123.6m for H1 2021
Excluding discontinued operations, the insurer’s group-wide profit before tax grew by 76% between 2020 and 2021
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NewsZego advances data and technology stance by boosting engineering staff
More than one in three engineering leadership positions are occupied by women, including Zego’s chief technology officer
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FeaturesDriver education needed to reduce motor claims frequency and severity post-Freedom Day
Industry commentators debate how changing commuting patterns could impact motor claims
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NewsLV=GI boss has ‘never seen anything' as 'substantial' as FCA pricing reform
Preparing for the incoming regulation changes comes alongside “teething problems” with the Official Injury Claim portal, chief exec adds
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NewsAA shuts down concerns over lack of insurance for new E10 petrol
The move to E10 petrol is part of the government’s efforts to reduce CO2 emissions
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FeaturesBriefing: Will anyone admit to price walking?
Transparency around remedying price walking practices could provide a reputational boost, but will any businesses ‘fess up and make their strategy changes public?
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IT InterviewGeoff Carter: Sabre Insurance seeks to tackle ‘niche areas of motor’ with broker partners
The insurer’s chief executive says the firm is ‘all ears for any opportunities brokers might have’
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NewsMotor insurance premiums fall by £38 in 2021’s H1 to reach a new five year low - ABI
Consumers paid £430 for a comprehensive motor insurance policy in quarter two of 2021
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NewsHastings Group records profit before tax of £76m for 2021’s H1
Live customer policies have improved 4% year-on-year to reach 3.1 million by the end of June
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NewsDirect Line completes ‘heavy lifting’ of technology transformation
The insurer’s chief exec says transformation is ‘not just about tech’, but pairing it with the right cultural mindset
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NewsDirect Line’s profits return following pandemic-stricken motor market hit
Its gross income from car insurance premiums fell by 6.2% in the first half of 2021 due to fewer cars on the road, yet chief exec says the firm is ’entering the second half of the year with ambition and confidence’
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NewsOIC portal has had ‘troubled start’ – Sabre Insurance
Chief executive believes part one of the whiplash reforms have so far been ‘clunky’, ‘complicated’ and ‘much more difficult’
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NewsAgeas to offer Sainsbury’s Bank customers motor insurance
The move signals the insurer’s ‘commitment to our chosen market of personal lines’, says chief distribution officer
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NewsLoyal customers to benefit from FCA’s price walking ban
Uncertainty in the market around what will happen following the FCA’s price walking ban remains, but car insurance premiums are now the cheapest they have been since 2016
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News AnalysisBrokers could play a ‘significant role’ in tackling ghost broking
As reported losses for ghost broking victims being higher for younger people who are often targeted via social media according to Action Fraud, brokers could play a crucial role in stamping out this crime
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NewsMotor insurance pricing drops 5% in three months – Pearson Ham
‘Cashing in’ could be a potential strategy for insurers ahead of the FCA’s pricing remedies coming into force
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NewsRight Choice chooses ThingCo for new telematics partnership
As personalised insurance increases in demand, the broker has ’firm ambitions to grow our telematics book of business’
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FeaturesOIC portal ‘does not work as well’ as previous MoJ process for whiplash claims
Insurance Times speaks to industry commentators on the early trends that are arising following the Official Injury Claim portal’s launch at the end of May
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NewsSabre Insurance to launch flexible motor insurance product in H2
The insurer has plans to make the new product available for its 1,000 UK broker partners too
