InsureTech

Tricky Times Ahead For Insurtech Funding, Says Gallagher Re

Gallagher Re has been looking at the insurtech funding landscape and published a new report. It’s a difficult time to raise cash as interest rates rise along with inflation. Basically you need more cash in […]

Motor Insurance

BVRLA Calls for Review On EV Mileage Rates

The Association of Fleet Professionals and the BVRLA have joined forces to call upon Government to take steps to ensure that the Advisory Electricity Rate (AER) for electric vehicles is fit-for-purpose. The industry bodies share […]

Motor Insurance

MoneySuperMarket Records More EV Quotes, But Percentage Still Tiny

The proportion of car insurance enquiries for electric vehicles (EVs) increased by more than two-thirds (69%) in 2020, according to research by MoneySuperMarket. Data from millions of MoneySuperMarket car insurance enquiries shows that between July and December 2020 around five out of every 1000 enquiries were for EVs (0.54%), up from four (0.37%) between January and June. […]

Insurance Brokers

Broker: Ripe Boosts Conversion Rate by 12% With Hit Search

Manchester-based Insurtech firm Ripe Insurance has increased its online conversion rate by 12% after teaming up with digital marketing experts Hit Search. This follows a series of tests conducted by Hit Search, which studied the brain […]

Legal

Altus Comments on Rising Car Insurance Costs, After Ogden Rate Change

Following the news that car insurance premiums have risen by up to 4.6% after changes to the Ogden rate, IE magazine has some comments from Patrick Hayward, consultant at Altus, on how this could impact both insurers […]