New ghost broking network reported every day
New data from the Insurance Fraud Bureau has revealed that at least one new ghost broking network is uncovered every day. Ghost brokers pose as insurance brokers and sell fake […]
motor insurance
Electric vehicle battery failure covered by expanded warranty
RAC Warranty has expanded its EV One policy to provide coverage for electric vehicle battery failure for cars up to 12 years old with a maximum of 80,000 miles. A […]
Telematics impact on motor insurance increasing
New analysis by Consumer Intelligence has underscored that telematics is having a growing impact on motor insurance. Its latest Motor Daily Price Benchmarking data has revealed that the number of […]
The AA joins Quotezone motor insurance panel
Quotezone has announced that The AA is now live on its car insurance comparison platform. The AA serves more than 14 million motoristss and has established itself as a trusted […]
Motor claims payouts rise to record levels
Insurers paid out a record £3.2bn in motor claims in the second quarter of the year, according to the latest data from the Association of British Insurers. This is a […]
Motor premiums to rise as insurance losses mount
The motor insurance industry is expected to make a loss this year and next, leading to higher motor premiums. The sector reported a profitable 2024 with a 98% net combined […]
Motor insurance premiums climb for second straight quarter
Motor insurance premiums rose for the second quarter in a row, according to the Defaqto Market Pricing Motor Insurance Price Index. It found premiums increased by 2.1% from April to […]
Van insurance premiums settle after sharp falls
Van insurance premiums have come down by nearly 10% in a year, according to Defaqto’s latest Quarterly Van Insurance Price Index. Meanwhile, prices are now about 18% lower than they […]
UK’s top motor fraud hotspots revealed by IFB
The Insurance Fraud Bureau has analysed more than 3.3 million vehicle claims to identify the UK’s top motor fraud hotspots. Common frauds include crash for cash scams, identity theft, and […]
Ghost broking on the rise, warns FCA
The Financial Conduct Authority has reporting rising ghost broking instances and warned against the risks of buying car insurance through social media. Its research has revealed that half of drivers […]
Drivers reducing motor insurance cover to cut costs
New analysis has revealed that 15% UK drivers have cut back on motor insurance cover in the past two years. Based on data from the Office for National Statistics and […]
Stephen Long appointed COO at Covéa Insurance
Covéa Insurance has appointed Stephen Long as chief operating officer. Long joined the company 25 years ago as a graduate trainee and has subsequently held a wide range of roles […]