Motor
RSA exits single commercial vehicle market
Exclusive: Provider says single vehicle business is "no longer core broker territory".
Insurance Covid-Cast: Insurtech 100 special – 'Distribution Focus' with Hokodo, Kasko and Wrisk
In the 23rd episode of Post and Insurance Age’s video series we gathered together a trio of start-ups featured in the Insurtech 100, all of which are focused on the distribution of products through the business-to-business-to-consumer channel.
Blog: Short term motor insurance is for life, not just lockdown
There is evidence that people are looking to ride share or borrow a vehicle more to avoid public transport in light of Covid-19. However, Tempcover's Alan Inskip expects there to be deep-rooted changes in attitudes towards vehicle usage post-lockdown…
Insurance Covid-Cast: Insurtech 100 special – 'Claims Focus' with Floodflash, Snapsheet and Tractable
In the 22nd episode of Post and Insurance Age’s video series we gathered together a trio of start-ups featured in the Insurtech 100, all of which are focused on using the latest technology to make the claims experience smoother and more transparent using…
Survey: The future of motor legal expenses
All change in motor LEI: How will products and prices evolve in motor legal expenses insurance after the implementation of the the online injury claim portal? Edward Murray reports on the findings of a joint Insurance Age and Coral Insurance Services…
Survey: The future of motor legal expenses - Beyond the add-on
Coral Insurance’s Will Price on why the industry will need a revamped range of modern legal expenses insurance propositions
Ex-Markerstudy/Brightside boss Bence among senior hires at Complete Cover
Personal lines broking group Complete Cover has bolstered its management team with a quartet new hires including former Markerstudy and Brightside boss Russell Bence.
Insurance Covid-Cast: Insurtech 100 special – 'Wheels Focus' with By Miles, Cuvva, Inshur and Laka
In the 20th episode of Post and Insurance Age’s video series we gathered together a group of start-ups featured in the Insurtech 100 all of whom are focused on insuring ‘wheels’ in the broadest sense.
Staveley Head-linked Policyplan goes into run-off
One Sure which, bought the rights to the Staveley Head brand in April, has agreed to manage the Policyplan run-off.
By Miles teams up with Broker Network
The pay-by-mile brand is now working with the network to offer its product to a wider audience and members will gain access to the products over the next few weeks.
LV offers premium refunds of between £20 - £50 to motor customers
The proportional refunds for customers in distress follows Admiral's flat £25 payment but broker customers are not included in the £30m LV has set aside for rebates.
Covid-19: Should all motor customers get a rebate?
Updated: Major insurers including Axa, Aviva, Ageas, LV and Zurich respond on automatic rebates as motor disrupters say the Admiral £25 move does not go far enough and questions are raised about the gesture.
Admiral becomes first UK provider to offer pandemic rebate
The business is to return £110m to car and van customers as part of Stay At Home Refunds as it becomes first to bow to pressure to give back as policyholders use vehicles less.
Car insurance premiums fall in Q1 2020
Research by Confused.com and Willis Towers Watson reveals dip in motor premiums, following a £47 rise over the last year.
Covid-19: App-based broker Lenny closes down after backers exit
Short-term car insurance broker says the Coronavirus outbreak made it a "frustratingly unfavourable landscape" to find a new backer.
Insurance Covid-Cast - episode three: Is motor insurance at a tipping point in light of the coronavirus lockdown
In the third of a new series of video casts brought to you by Insurance Post and Insurance Age while our journalists are in isolation lockdown we discuss whether UK motor insurers are being unfair in not rebating premium or offering more flexible options…
Covéa reveals £22.3m underwriting loss in 2019
Provider also posts increases in GWP and profit after tax as it reports "disappointing" personal motor result impacted by claims inflation and a "lower than anticipated" Ogden rate.
Blog: What next for commercial motor?
Steve Green of Anthony Jones Insurance Brokers considers the future for the sector as the Covid-19 pandemic bites.
Covid-19: Carrot announces customer support measures
Telematics broker said the new measures were designed to assist key workers.
Covid-19: Disrupters pressurise motor insurers to return premium
On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.
Former Towergate CFO Mark Mugge resurfaces at motor broker
Mugge most recently worked at Ardonagh Group after moving across from Gallagher to Towergate in 2015.
Motor premiums rise 2.8% in Q1
Consumer Intelligence warned that telematics restrictions following coronavirus may hit youngest drivers hardest.
Saga profits drop ahead of expected Covid-19 hit
Broking, underwriting and travel profits all fell, as the group renegotiates its loans to accommodate for lengthy travel suspensions.
AA posts insurance growth in trading update
Company said the number of policies it manages, as well as income per policy, had risen over 2019.