Power hour: Motoring along

With falling motor premiums, the EU Gender Directive and telematics, personal lines brokers are facing some big changes, but there are opportunities as well. Andrew Pearce reports

A recent survey found that the average cost of comprehensive car insurance fell almost 15% in a year. What has been your experience of motor rates?

▶ David: It’s a unique moment in terms of the gender neutral rating change as well as the Laspo reforms. Most people are looking at the physical savings they’re going to get on a claim-by-claim basis because of the reduction in fees, but there should be a frequency impact. A few people are chancing their arm and reducing rates a bit more than is