Motor insurance sinks to five-year low
Motor insurance is at a five-year low, according to the ABI’s latest Motor Insurance Premium Tracker. It found that for the second quarter of the year the average price paid […]
motor insurance
EV running costs half that of petrol cars
New research has found that the annual cost of running an electric car is nearly half that of a petrol equivalent. A study carried out by comparethemarket estimated that it […]
Furness steps into the hotseat
Covéa Insurance has appointed Adrian Furness as chief executive officer. He succeeds James Reader, who is leaving the business. Furness, who has been chief operating officer since December 2019, said: […]
Premiums plummet during Covid crisis
Car insurance has fallen 8.4% in the last year, with the average policy now £779 a year. According to data released by Consumer Intelligence, those aged between 25 and 49 […]
Allianz develops digital portfolio
Allianz Group is investing further in digital business models by announcing it will become the insurance partner of heycar for the next five years. Heycar, owned by Mobility Trader Holding, […]
Driving drop-off not reflected in insurance premiums
New research has found that more than half of drivers think they are paying too much for car insurance considering the reduction in miles driven. Research for RAC Pay by […]
Motor premiums to fall 6%
Premiums for motor insurance is expected to drop by six per cent this year, which equates to £27 per policy. The decrease is attributed to fewer miles driven during Covid-19, […]
Covéa announces new insurance partnership
Covéa Insurance has announced a new partnership with By Miles. By Miles became the UK’s first pay-by-mile car insurance policy when it launched in 2018, and saw policy sales increase […]
Direct Line’s prices exceed expectations
Direct Line Insurance, Britain’s largest motor insurer, reported a bigger than expected rise in motor insurance prices for the third quarter, helping to boost its sales. The insurance firm, whose […]
Cash for crash gang to be sentenced
Six men are due to be sentenced over a multimillion-pound crash-for-cash scam. The men from London and Manchester attempted to defraud insurers out of around £5.6 million by setting up […]
CMA blamed for rising claims inflation
The failure of the Competition and Markets Authority (CMA) to take action over the motor market is partly to blame for rising claims inflation, according to Covéa Insurance chief executive […]
Allianz and Maiden expand partnership
Maiden Holdings, Ltd. and Allianz Global Automotive today announced a significant expansion of their long standing partnership focused on developing branded insurance solutions to automotive original equipment manufacturers (OEMs) and […]
