Motor
FOIs reveal no brokers directly involved in motor insurance taskforce
The Financial Conduct Authority has confirmed insurance brokers and intermediaries did not directly form part of the Motor Insurance Taskforce review, in its response to a Freedom of Information request by Insurance Age.
Wakam enters motorcycle market with Top 100 broker tie-up
Wakam UK has entered the motorcycle insurance market, partnering with specialist intermediary Principal Insurance to bring what it describes as new underwriting capacity into the sector.
News analysis: Will NCDs for fleets catch on, and what does the future hold for the CV sector?
Last year, Zurich Insurance announced it was enhancing its SME e-trade fleet offering by accepting no claims discount (NCD) claims history in response to broker demand. Saxon East examines the ramifications of this move – and explores other dynamics…
John Lewis Money becomes regulated insurance broker
John Lewis Money has become a regulated insurance broker and will go live with a panel including Axa, Prestige Underwriting and Covéa for home insurance in April with car to follow in the summer.
ERS launches ultra-HNW motor offering
ERS has launched Private Client Ultimate, a proposition developed for high-net worth individuals with complex motor risks to provide specialist cover for single vehicles valued at £350,000 and vehicle collections valued at £500,000.
Admiral breaks £1bn barrier for UK motor profit in 2025
Admiral’s UK insurance business has reported a 11% jump in profit to £1.09bn in 2025 (2024: £977bn) on a turnover of £5bn (2024: £5.1bn) with motor contributing £1.02bn (2024: £955m) and household, travel and pet £62m (2024: £22m).
Ageas posts higher UK premium amid deal effects starting to kick in
Ageas grew UK premium by 6% to €1.93bn (£1.68bn) last year with the insurer noting a “solid UK result despite [the] softer market”.
Movo picks Applied for personal lines panel on Quote Portal
Movo Partnership has teamed up with Applied Systems to power its Quote Portal providing network brokers access to insurer and MGA personal lines schemes for full-cycle EDI trading.
FCA sets four targets in its inaugural regulatory priorities report
The Financial Conduct Authority has issued its first regulatory priorities report for insurance as it switches away from penning portfolio letters.
MGA launches commercial HGV motor breakdown policy
Add-on insurance specialist Alps has launched a commercial HGV motor breakdown policy designed to provide nationwide rapid roadside and base assistance to HGV vehicles above 7.5 tonnes.
Moneysupermarket insurance revenues fall amid 2025 ‘headwinds’
Insurance revenue at Moneysupermarket fell 1% in 2025 to £232.5m driven by a 9% drop in car insurance, and home also declining.
MoneySuperMarket claims UK first with insurance ChatGPT app
MoneySuperMarket, has launched a financial services and price comparison service ChatGPT app, claiming it is the first in the UK and flagging the impact on motor insurance.
SRG broker to wholesale pothole damage cover
Strategic Insurance Services has launched a vehicle insurance product designed to cover damage caused by potholes, making it available to brokers on a wholesale basis for private motor and commercial fleet clients.
Gledhill: Lucida looking for growth with ‘last piece of the jigsaw’ George
Lucida Group is poised for growth, having secured new capacity, embraced data and bolstered its bench strength with a series of senior hires, according to its CEO Matthew Gledhill.
Five arrested including ex-Met officer as police hit spoof motor insurance apps network
Five people, including a former Metropolitan Police officer, have been arrested across London today in a crackdown on a network selling spoof vehicle insurance ‘apps’.
Flock CEO Klinger outlines broker growth plan after Admiral deal
Flock CEO Ed Leon Klinger has outlined that it is keen to grow its broker base following its acquisition by the Admiral Group.
QuestGates: 2025 vehicle theft reduction should be welcomed by brokers
‘All vehicle’ thefts fell by 11.36%, from 102,240 in 2024 to 90,625 in 2025, according to analysis of the Driver and Vehicle Licensing Agency data for 2025 by loss adjusting firm QuestGates.
Motor claims hit £11.9bn in 2025
Motor insurers paid out £11.9bn in claims last year, according to data from the Association of British Insurers.
Grove & Dean doubles down on digital after turnover and profits slip
Motor experts Grove & Dean saw turnover shrink by 9.3% and post-tax profit fall 39.7% in the year ended 31 May 2025, but is seeing signs of improvement and momentum in the current year according to managing director Damian Collett.
Lucida and Right Choice founder Mike Joseph to retire
Lucida Group founder and chief underwriting officer Mike Joseph will retire at the end of March, the business has confirmed.
Former Allianz PL boss George joins top 100 broker
Lucida Group has appointed former Allianz personal lines broker boss Nicola George as group chief underwriting officer.