Motor – Page 46
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NewsMotorsports to become exempt from EU’s Motor Insurance Directive
The first formal proposal to revise the MID in motorsport’s interests came in 2018
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NewsFord teams up with By Miles to create pay-as-you-drive proposition
The new product, which launches later this year and requires no hardware changes, aims to save drivers money on their premium
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NewsProposal for ePrivacy Regulation could hamper telematics insurance
The updated regulation ’should include a legal basis for the collection of data from terminal equipment’ added law firm partner
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News77% of motor insurers need to evolve policies to reflect driving behaviour – By Bits
Around 90% of drivers aged 35 and above want more transparency in pricing for motor insurance
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News‘Risk exposure changes’ driven by changing Covid-19 lockdown measures – IFoA
The Institute and Faculty of Actuaries (IFoA) has highlighted a further challenge for general insurance pricing - how ongoing lockdowns should be considered within risk rates going forward
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NewsIndustry braces for claims as catalytic converter thefts surge by over 100%
The AA’s president says ’modern cat burglars stealing and selling cats for cash are part of a criminal chain’ following the insurer experiencing a rise back in April
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NewsCovéa Insurance and Vitality incentivise better driving with new car insurance offering
The product will incentivise and reward good driving, as well as green choices made by motorists
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NewsNuvalaw launches to UK market following successful pilot programmes
The claims resolution business is ready to ‘fill the void of the lack of ADR’ in the Official Injury Claim portal
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IT InterviewJeffrey Skelton: Industry could be entering ‘renaissance period’ for new insurance products
Plus, the FCA’s general insurance pricing reform has encouraged brokers to use data enrichment at renewal to ensure prices are ‘accurate’ says Europe MD
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NewsCrash for cash scams still ‘a strategic priority’ as lockdown offers organised fraud opportunity
Crash for cash fraud is ‘still alive and well’ despite the Covid-19 pandemic meaning Brits are driving less, said expert industry panel
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FeaturesBriefing: Industry ‘nervous’ about potential ‘avalanche of claims’ missing from OIC portal
At long last, the Official Injury Claim portal is here. Insurance Times’s Fraud Charter attendees reveal current concerns with its functionality amid low claims notifications
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NewsUK motor insurers expected to make losses in 2021 and 2022
Premiums are set to drop by 6% this year due to changes in car usage and the whiplash reforms
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NewsRSA outlines product growth ambitions following Intact/Tryg takeover
The insurer wants to be ‘a more dominant force’ within the SME market, according to its UK and international chief executive
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NewsAA provides electric vehicle cover to address motorists' top concerns
By providing whole life assistance to drivers, AA aims to provide ‘power and confidence to electric motoring’
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NewsTaxi driver ordered to pay £42,310 following insurance fraud
A 53-year-old man has been working as a taxi driver, despite claiming that he was unable to work after sustaining injuries in a road traffic accident back in 2007
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NewsGuidewire launches new UBI solution to support insurers
The solution was informed by Guidewire’s experience with multiple usage-based insurance propositions
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IT InterviewGavin Sewell: Honcho keen to create ’plumbing’ for multi-car propositions
The reverse auction marketplace also has plans to focus on partnerships this year
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NewsClaims Excellence Awards finalist 2021 Q&A: Claims settled 66% faster on RightIndem’s platform
The winners were revealed at a free virtual ceremony on 27 May 2021, missed the awards ceremony, watch it here
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IT InterviewCar insurance needs to adapt for ‘changing marketplace for the future’ – LV=GI
Insurers will have to adapt to bring ‘value’ to the consumer beyond insurance, says insurer managing director
