• Price hikes continue for motor insurance

    • 15 February 2023
    • Posted by: Alan Feldberg
    • Category: News
    Average motor insurance premiums rose by eight per cent in the fourth quarter of last year, driven by rising costs in energy and materials as well as continued part delays According to the Association of British Insurers' latest Motor Insurance Premium Tracker, average premiums increased to £470, which is seven [...]
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  • Soaring premiums to continue rising

    • 31 January 2023
    • Posted by: Alan Feldberg
    • Category: News
    Car insurance premiums saw the biggest annual rise in six years in 2022 According to the Confusedcom Car Insurance Price Index in association with WTW, average comprehensive premiums rose by 19% last year to an average price of £629 The sharp rise was capped by a seven per cent increase in the last three months [...]
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  • EMaC appointment enhances Scotland focus

    • 4 January 2023
    • Posted by: Alan Feldberg
    • Category: News
    EMaC has promoted John Glancy to the role of national sales manager for Scotland He joined EMaC in 2016 as a sales development manager and has played a pivotal role onboarding new clients and successfully promoting the company’s range of aftersales solutions, including their most recent product offering [...]
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  • Stolen vehicles sold on at cut prices

    • 16 November 2022
    • Posted by: Alan Feldberg
    • Category: News
    New research commissioned by Direct Line Motor Insurance has revealed that car thieves sell vehicles on for about just five per cent of their value Interviews with car thieves found that £2,000 is a typical price for a popular performance car valued at about £40,000, while a less popular car worth £20,000 would [...]
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  • ABI calls for IPT freeze

    • 15 November 2022
    • Posted by: Alan Feldberg
    • Category: News
    The Association of British Insurers (ABI) is urging the Chancellor to freeze the rate of Insurance Premium Tax (IPT) in the Autumn Statement, which will be delivered on 17 November It says a hike in IPT could lead to people cutting back on insurance cover This comes after research from Public First, commissioned [...]
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  • Car thefts up nearly a quarter

    • 14 November 2022
    • Posted by: Alan Feldberg
    • Category: News
    Vehicle theft has risen by 22% in the last year, according to data released by Statista It found the cost of living is contributing to the rising incidents In response, motorists are doing more to protect themselves, with searches for ‘prevent car theft’ soaring by 156% in the past week alone Your Parking [...]
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  • Lemonade joins ABI

    • 1 November 2022
    • Posted by: Alan Feldberg
    • Category: News
    Insurtech Lemonade has joined the ABI after launching in the UK It joins around 200 insurance and long-term savings companies who are represented by the ABI, working together to share best practice, contribute to policy discussions and support a thriving insurance industry in the UK and internationally Hannah [...]
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  • Allianz acquires Innovation Group

    • 11 October 2022
    • Posted by: Alan Feldberg
    • Category: News
    Claims technology and solutions provider Innovation Group is being acquired by Allianz X, the investment arm of Allianz Group The deal, subject to regulatory approval, will support Innovation Group develop further technological solutions for the insurance and automotive industries, while also accelerating the [...]
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  • ABI announces new board appointment

    • 21 September 2022
    • Posted by: Alan Feldberg
    • Category: News
    The Association of British Insurers has announced that Jason Richards, Swiss Re CEO UK&I, is joining the board The ABI board is formed of senior leaders from across the insurance and long-term savings industry including the ABI’s president, Barry O’Dwyer He said: “We warmly welcome Jason to the ABI [...]
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  • Solus names new COO

    • 14 September 2022
    • Posted by: Alan Feldberg
    • Category: News
    Solus ARC has appointed Clare Davies as its chief operating officer She will report to Simon Smith, Solus managing director and Aviva repair lead Davies joins Solus with more than 25 years’ experience within claims and operations and more recently in supply chain management She will play a key part in leading [...]
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