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Motor
News
Competitive prices ‘may not be best route to building trust’ with motorists
’The turmoil in the car insurance market over the past few years is continuing to take its toll on the reputation of the sector,’ says managing director
News
Europcar Mobility Group UK first car rental company to join MGAA
’We look forward to seeing the collaborative potential this membership will bring to both our members and their customers,’ says chief executive
News Analysis
GTA chief says greater regional stability needed prior to launching EV credit hire scales
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
Living the green transformation – E2E
Sponsored content: Eddie Longworth, chief executive at E2E Total Loss Claims Management, discusses how new capabilities could transform the recycled motor parts market
News
Home and motor premium income set to slow as sharp price rises ease
’With inflation and interest rates now falling, we appear to be turning a corner,’ says UK insurance leader
News
Motor premiums fall for second quarter in a row
However, the average cost of motor insurance in the third quarter of this year was £50 higher than the same period in 2023
News
Cost of pothole claims becoming ‘hugely expensive’ – Allianz
’Our roads are blighted by potholes and it is astonishing to see the problems they cause,’ says claims director
News
DLG reveals plans to axe around 550 jobs to cut costs
Chief executive says the insurer is in the early stages of a ’significant turnaround’ as it looks to make its operating model more efficient
News Analysis
The Big Question November 2024: What does UKGI hope will result from Labour’s motor insurance taskforce?
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?
News
‘Polycrisis’ presents UK insurers with an opportunity to be ‘impactful’ – Axa UK and Ireland
Plus, Aviva’s UKGI boss emphasises that insurers must ‘put our money where our mouths are’ when it comes to engaging on ‘collective goals’
News
Motor injury claims drop to record low in Q3 2024 – ACSO
Public liability claims increased substantially, however
IT Awards 2024
Insurance Times Awards 2024: Peter James Insurance highlights work with classic car clubs
Gary Carlin, head of classic at Peter James Insurance, discusses the company’s entry for the Schemes Broker of the Year award
IT Interview
Nik Ellis: Tech Champion prize celebrates ‘edgy’ firm that is not afraid of failure
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
News Analysis
Which are the most complained about insurers?
Market intelligence firm emphasises that ‘insurers need to do better to prevent complaints from happening’ as redress payments increase
News
Ticker launches telematics policy for older drivers
’The Older Drivers Forum regularly receives emails from concerned mature drivers on what they can do to reduce premiums,’ says chair
News
FCA gives green light to new insurance product for car dealers
’We’re thrilled to offer this to our dealer partners,’ says chief operating officer
News Analysis
Briefing: Why insurers need to embrace Labour’s motor insurance taskforce
The new government’s action provides the insurance industry with a golden opportunity to improve its reputation with consumers
IT Awards 2024
Insurance Times Awards 2024: Keoghs and LV= partnership uses ‘groundbreaking methods’ to counter motor claims fraud
Damien Ward, head of motor and counter-fraud at Keoghs, discusses the firm’s entry for the Excellence in Fraud Mitigation – Service Provider award
News
Premium finance costs revealed as FCA begins probe
The FCA said it would review whether motor and home insurance customers using the product were getting competitive deals
News
Defaqto updating platform to support general insurers with Consumer Duty
’It is a one stop shop and single point of truth for organisations if they want to understand a particular market,’ says chief executive
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
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