Fraudulent claims are estimated to cost the insurance industry billions each year, with the ABI placing the figure at £2.1 billion in 2021. Ecclesiastical Insurance’s claims team detected over 130 cases of fraudulent activity during 2022, […]
The average cost of the most competitive motor insurance deals has increased 17.4% in the past year, says the latest Consumer Intelligence survey. Price rises in car insurance are outstripping inflation for the economy as […]
Leading insurance market insight business Consumer Intelligence is expanding its support for home and motor insurance clients with the launch of daily price benchmarking. The data could be useful for many insurance brands looking to […]
Comprehensive car insurance premiums have increased sharply by 14% (£72) since the third quarter of 2021, with UK motorists now paying £586 on average, according to the latest Confused.com Car Insurance Price Index in association with WTW […]
Van insurance has increased 13.6% in the first half of 2022 for new business customers – with the more recent price jumps attributed to spiralling inflation, as well as the earlier increases being pinned on […]
A warning that the shipping industry will soon face the potential impact on General Average recoveries of tighter rules on emission prevention has been delivered in the chairman’s address to the Association of Average Adjusters. […]
While 2021 saw the average cost of van insurance fall by 4% from January to December, the first few months of 2022 have told a different story. The FCA’s general insurance pricing rules, which were […]
The latest market news from Marsh; Global commercial insurance prices increased 11% in the first quarter of 2022, according to the Global Insurance Market Index released yesterday by Marsh, the world’s leading insurance broker and […]
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