Young drivers
MyFirst’s James Noble targets £40m GWP after becoming directly authorised
James Noble, CEO and founder of MyFirst, is targeting £40m gross written premiums in 2024 after the business grew from £1.5m GWP to £19m GWP in three years.
UK car insurance premiums see biggest annual rise in over a decade
Car insurance premiums increased by £107 (20%) during the past 12 months, with motorists now on average paying £657, according to research from Confused and WTW.
Broking Success: Spotting a gap in the market
James Noble, CEO of My First, details how he started the broker because he noticed a gap in the motor market for first time drivers who needed guidance when searching for the right cover.
Aviva’s Winslow insists ‘we can do more’ to return broker service to pre-2019 levels
With rates continuing to rise, Adam Winslow, CEO of Aviva UK & Ireland general insurance has stressed that it can do more when helping brokers through the challenging market.
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.
Marmalade unveils pay-as-you-go policy for young drivers
The product, which the broker claims is the first of its kind in the UK, is underwritten by Ageas and uses specialist smartphone telematics technology to record how users drive.
Blog: The future of telematics
Steve Kerrigan of LexisNexis Risk Solutions outlines how telematics has changed the market and examines where this technology is heading next.
Biba focuses on access to insurance in 2020 manifesto
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.
Christmas Q&A with Andrew Brown-Allan
Andrew Brown-Allan, CMO at Carrot Insurance, explains his year in insurance and what we can expect next.
Van insurance premiums shoot up
The sector continued to display big pricing disparities across age groups and experts warn Ogden will increase market volatility.
The growing use of credit to buy insurance
New research by Premium Credit reveals the insurance intermediary market anticipates consumers will use credit more this year when buying insurance.
Marmalade launches new young driver policy
Product covers young drivers when they are driving a family member's car.
Broking success: Richard Dornan, Premium Choice
Growth driven: Richard Dornan, underwriting and business development director at Premium Choice, explains how the broker has carved a niche for itself but is expanding into new areas.
Biba teams up with Marmalade on telematics
The trade association is to provide a young driver telematics scheme.
Trak Global teams up with broker Only Young Drivers
New partnership targeting 17-29 year old drivers with new telematics app.
More Than launches telematics device for inexperienced drivers
Insurer said device will help provide cheaper insurance for good drivers
Car premiums drop to lowest level since March 2010
Average comprehensive premiums fell by 3.9% during the third quarter of 2013, culminating in an overall fall of nearly 14% over the last 12 months down to a national average of £652.
Aqua looks to tackle young driver cover costs with family offering
Aqueduct Underwriting (Aqua) has unveiled its broker-only Family Portfolio offering in a bid to mitigate the high cost of young driver insurance.
Government brings ABI young driver proposals to a full stop
Road safety minister rejects ABI proposals to place restrictions on new and young drivers