Insurance Regulation

ACSO Reaction to ABI Premium Tracker Announcement

Matthew Maxwell Scott, executive director of ACSO, has criticised the ABI after the trade body issued its latest premium tracker today (29 July). He said: “The ABI’s inconsistency on personal injury is breathtaking. Today, Mark […]

UK Insurance Trends

Motor Insurance Sector Doing OK, Challenges Ahead, Says Ernst & Young

The UK motor insurance market has reported impressive underwriting profits for the second consecutive year, according to EY’s Annual UK Motor Insurance Results. The Net Combined Ratio (NCR) for 2018 was 94.8%, the best result for 33 […]

Insurance claims

Insurance Fraud in Decline, Says New Research From Aviva

The value of fraudulent claims detected by the UK’s largest insurer has fallen. Aviva detected £80m worth of suspect or proven fraudulent insurance claims in 2018, down 11% (£10m) from 2017. The scale of insurance […]

Fraud

Insurtech: ITS Telematics Highlights Value of Analysing Low Speed Incidents

Adam Gooch, Commercial Director at ITS Telematics, looks at the role in-car technology can play in settling any disputes arising after low velocity impacts on the roads. Low Velocity Impacts (LVI) and associated whiplash claims […]

ABI reaction to new Ogden rate
Opinion

Opinion: Will Whiplash Reforms Be an Own Goal for Insurance Industry?

The matter of whiplash claims has caused all kinds of problems for the insurance industry, and the legal sector, in the past. Scandals involving entire families organising claims, staged accidents and more have all made […]

ABI reaction to new Ogden rate
Fraud

Clyde & Co Respond to Civil Liability Bill

Following yesterday’s second reading of the Civil Liability Bill in the House of Commons, two partners from international law firm Clyde & Co have responded. Mark Hemsted, partner, said: “This Bill is all about reducing […]

Insurance claims

Five Star Rating from Thatcham Research/NCAP for XC40 and Focus

The latest news from Thatcham Research; The new Volvo XC40 and Ford Focus have each achieved the maximum five-star Euro NCAP safety rating in testing for Euro NCAP in July.  With the XC40 Volvo has […]

Insurance Regulation

LexisNexis Welcomes Civil Liability Reform

The Justice Secretary unveiled a new Bill yesterday, offering hope of reduced car insurance premiums as part of a wider programme to tackle the UK’s compensation culture.  The Bill includes changes to the way the […]