Van about town.

Underwriters are gearing themselves towards the van driver sector, introducing products which provide suitable cover for every new sub-class of vehicle that comes on to this market. Andrew Newman engages first gear.

Underwriters are occasionally accused of living in a time warp.


This is evident, in some cases, from the inclusion of long-defunct trades
and occupations in rating guides. A current case for revision is the
rating of vans and small trucks according to their weight and/or carrying
capacity.


These vehicles have long since diversified into a myriad of different
forms, worthy of their own grouping categories similar to those applied to
private cars.


Brian Walters, commercial motor manager at Axa

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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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