insurance

TP insurance holders pay more

Motorists are being warned not to assume that third-party insurance will be the cheapest option after research found they were being quoted up to £4,000 a year more for policies that […]

IPT increase will cost drivers £386m

Next week’s increase in insurance premium tax from 6% to 9.5% is due to cost motorists an extra £386m a year, taking their insurance tax contribution to over £1bn for […]

Insurance premiums increase by 4.8%

Car insurance premiums have risen by 4.8% in the third quarter of 2015, according to the latest AA British Insurance Premium Index. The AA has said that the average ‘shop […]

ABI outlines effects of IPT increases

With less than a week to go until Insurance Premium Tax (IPT) increases on the 1 November 2015, the Association of British Insurers (ABI) is setting out the key facts […]

Ageas early adopters of Insurance Act

Ageas has become one of the UK’s first insurers to adopt the principles of the Insurance Act 2015, 10 months ahead of the 12 August 2016 live date. As part […]

UK insurance premiums up 4.8%

Quarterly comprehensive car insurance premiums in the UK have increased by 4.8 per cent, the biggest rise since 2010, according to Confused.com’s car price insurance index. The rise, which has been […]

New appointment at Thatcham

Thatcham Research, the insurers’ automotive research centre, has announced the appointment of RSA’s Ian Currie as the new Chairman of the Thatcham non-executive Board. As director of motor and injury […]

100,000 parents ‘fronting’ insurance

New research from The Co-operative Insurance reveals that around one hundred thousand parents are currently ‘fronting’ motor insurance for their offspring. One in ten of parents of young drivers in […]

Average motor premiums up 4.6%

The average motor insurance premium rose 4.6% in the year to August, according to market analysis from Consumer Intelligence. However, the same report also states that premiums for under-25’s are […]

Cuvva to launch Pay and Go insurance

Insurance provider Cuvva, will offer a new type of UK car insurance through a smartphone app that gets you covered on a car for only as long as you need […]

Vista Equity to buy Solera for $3.74 billion

Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in […]

The cost of total losses is £2 billion

Nearly 12 percent of all crashes over the past year resulted in at least one vehicle being written-off, according to new research by Accident Exchange. Analysis of 40,000 collisions handled […]