Insurance claims

Prestige Warns on e-Bike/Scooter Lithium Battery Charging

The word from Prestige Underwriting, who are highlighting the dangers of lithium battery packs and their charging risks. Prestige Underwriting has found that the average cost of fire-related home insurance claims has risen to over […]

Opinion

Could Battery Pack Health Checks Benefit Insurers, Repair Networks & The Public?

This Opinion piece from Alex Johns at Atelium Partnership makes a strong case for annual battery pack health checks.  To help consumers better understand and ameliorate car insurance premium price increases, the ABI unveiled a […]

Motor Insurance

Silverlake Passes Training Milestone on EV/Hybrid Salvage

The latest from Silverlake who are investing in training when it comes to hybrid and battery pack cars; Silverlake Automotive Recycling [Silverlake] has completed an Institute of Motor Industry [IMI] accredited EV dismantling course from […]

InsureTech

hyperexponential Announces $73m Series B Round

Some big funding news FYI; hyperexponential has announced completion of its $73m Series B funding round led by global technology-focused investment firm Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series […]

Global insurance trends

Battery Array Tech Offers Golden Opportunity For Insurers

Assuming that most of the UK vehicle parc of some 30 million cars, vans and motorcycles goes electric by say 2040, what will we do with the battery packs which don’t hold their charge? It’s […]