Motorists in the UK may have invalid insurance policies

More than 2.5 million motorists in the UK could find themselves with an invalid insurance policy aft...

More than 2.5 million motorists in the UK could find themselves with an invalid insurance policy after providing inaccurate information during the application process, according to research from uSwitch.com. The study revealed that 10% of drivers have provided inaccurate information such as their age, address, no-claims bonus history and previous driving convictions in an attempt to save money on the cost of their car insurance. Of the 15% of drivers who were aware they had provided inaccurate

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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