• Pay-outs more than £1m shy of market value
    • 01/09/2023
    • Posted by: Alan Feldberg
    • Category: News
    New research by GAP insurance provider ALA Insurance has revealed that the average car owner is offered £286 below market value on claims where their car has been written off. ALA analysed over 3,748 claims to show which car makes receive the lowest pay-out based on market value and found that, collectively, [...]
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  • UK watchdog plans yardstick for insurance policies
    • 25/06/2015
    • Posted by: Simon Wait
    • Category: News
    Reuters reports that British insurance firms may be forced to publish their average payouts and claim acceptances to help consumers decide if policies offer good value under proposals floated by the market regulator on Wednesday. A study by UK regulators in 2013 found that inadequate competition was leading to 108 [...]
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