Guaranteed Asset Protection claims spike 37%
New data has revealed that average Guaranteed Asset Protection claims has risen by 37% in the last 12 months. According to MotorEasy, payouts in the first nine months of the […]
claims
Motor insurance claims payouts hit record levels in 2024
The Association of British Insurers has reported that motor insurance claims payouts last year reached a record £11.7bn. It attributed this rise partly to higher vehicle repair costs, which totalled […]
CMA reports rise in headlight-related claims
Claims Management & Adjusting (CMA), part of the QuestGates Group, has highlighted a worrying rise in headlight-related claims. These include dazzling incidents and an emerging theft trend known as ‘eye-snatching’. […]
AFP warns fleets of growing claims issues with VMs
The Association of Fleet Professionals (AFP) has revealed that fleets operating older vehicles are facing growing claims issues with manufacturers. It has found that many fleets have retained vans following […]
Association of British Insurers reports motor premiums fall
The Association of British Insurers has reported that motor insurance premiums have fallen for the first time in two years. Average premiums fell by two per cent between April and […]
EV claims up 370%
New research by MotorEasy has revealed a 370% increase in electric vehicle warranty claims over the past three years. While this is partly down to the number of EVs MotorEasy […]
Motor insurance payouts up a third
Motor insurers paid out £2.5bn in claims in the second quarter of this year, according to the Association of British Insurers. This represents a 29% increase on the £2bn paid […]
Report highlights Covid recovery
A new report exploring how the motor claims market has been impacted by Covid-19 and including analysis of a survey of UK bodyshops is about to be released. Emerging from […]
CAPS reports another week of claims growth
CAPS has reported that both unique claims and supply chain transmissions are now higher than they were across the CAPS platform in the first week of November 2020. Unique claims […]
Motor premiums down to 2016 levels
The average price motorists paid for their motor insurance in the first quarter of 2021 fell to its lowest level since 2016. According to the ABI’s latest Motor Insurance Premium Tracker, the average […]
CAPS reports significant volume increase
CAPS has reported a sharp rise in both unique claims and supply chain transmissions in the week ending 24 April. It found that unique claims rose eight per cent on […]
Claims on the rise as lockdown eases
The latest CAPS Consortium collision repair industry report for the week ending 17 April shows an increase of 5-7% respectively on the previous week. The new figures are 82% for […]
