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Telematics

Biba sets out top three broking wish list for new PM

The British Insurance Brokers’ Association is hoping for proportionate regulation, the introduction of an enhanced growth and competitiveness objective for regulators and changes to IPT, CEO Steve White told Insurance Age setting out its wish list for…

Biba calls for IPT relief in 2022

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.

Motor premium drop starts to stabilise

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.

Motor premiums stabilise as telematics grows

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.

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