Technology has improved in leaps and bounds over the past several years, yet what exactly do brokers need in their technological toolbox in order to succeed in today’s insurance climate? Eleanore Robinson reports
Eleanore Robinson investigates how modern technology can help the insurance industry move forward with greater flexibility by drawing parallels from other industries to educate brokers on how these technological changes can benefit them long-term
Think Insurance is currently looking at two more broker buys and has set a target of £30m gross written premium by 2025, commercial director Russell Bence told Insurance Age.
Pukka and Freedom Brokers have been brought into Action 365 as the business slims structure and adopts CDL and Amazon Web Services.
The cost of car insurance has risen by 4.3% since the start of the year, Consumer Intelligence has calculated.
While it’s sometimes difficult to compete on price against direct insurers, AX’s director of commercial sales Steve Molloy, shares some experience in how FNOL and claims management partners can support brokers in attracting and retaining customers.
With the Financial Conduct Authority’s price walking ban coming into force and customers transitioning from internal combustion engines to electric and hybrid vehicles, the motor insurance industry is currently in a state of flux. Eleanore Robinson…
The motor and niche specialist has added to its commercial offering led by Russell Bence.
Firm targeting 30% new business growth this year with expansion across core markets, mainstream motor and the launch of insurance for electric hybrid vehicles.
Wall is recruiting a team of 12 to develop the business’ non-standard home and motor offerings.
Usage based and flat rate policies will be available to trades and haulage fleets in the UK containing between five and 500 vehicles via direct sales and brokers.
The telematics provider has sealed a deal with independent broker association Provincewide.
The trade association has asked government to reduce IPT to 10% in areas such as property, telematics, and cyber as it also pleads for a simplification of insurance tax in the travel sector.
For the first time in over a year, the cost of car insurance has increased in some UK regions while the average premium has now reached £782, Consumer Intelligence reported.
Gerry Ross, Allianz’s head of commercial motor, tells Insurance Age all about the state of the market this year, what technology developments brokers should be looking out for, and how 2022 is shaping up.
The provider was previously using more than one tech provider.
The insurtech specialist will retain its office in Crewe following the deal.
Data from Consumer Intelligence reveals that 1 in 4 cheapest motor insurance quotes are provided by telematics firms, and while motor premiums plunged 9.4% in the last 12 months, prices are now beginning to stabilise.
New motor provider Adiona's founder and CEO tells Insurance Age about his plans for the business and why it will be looking to work with brokers in the future.
Penny Searles, of Wunelli and Smartdriverclub, is on the advisory board of the Gibraltar-regulated entity which has said it will work with UK brokers.
Cuvva COO Andy Tomlinson talks about the company's evolution, the rise of on-demand products and the broker's plans for the future.
Carrot Insurance MD Norrie Erwin tells Insurance Age about how the business has progressed so far, where its name comes from, and how telematics can shape the future of motor insurance
Broker says it has a support team in place to "ensure that customers are not adversely affected" by discrepancies in data after it was featured in a segment on Channel 4 consumer affairs show Joe Lycett's Got Your Back.
Are motor brokers going to listen to their customers?