Insurance Brokers

70% of Brokers See Rising Claims Costs, Says Prestige Underwriting

The word from Prestige Underwriting as they take the temperature on broker attitudes to claims costs; The latest Prestige Underwriting Non-Standard Survey has identified a concerning trend with a majority of brokers (70%) across the […]

Opinion

Northdoor Insights: Costs of Data Breaches Are Rising, How Do We Cap Them?

Some thoughts on the true costs of data breaches from Northdoor; IBM’s annual 2024 Cost of a Data Breach report has revealed that the average cost of data breaches has hit a record high of […]

Motor Insurance

Quotezone Data Suggests New Driver Premiums Might Have Peaked

Is it getting slightly cheaper for new drivers? Maybe so, here’s the latest data from Quotezone; New data from price comparison experts shows that young drivers’ insurance premiums have fallen to the lowest price so […]

News

Parametrix Estimates CrowdStrike Losses at $5.4bn

Some data from Parametrix, who have been working out the losses suffered by US companies after the CrowStrike event; Parametrix, the leading provider of cloud monitoring, modeling, and insurance services, estimates that the total direct […]

Opinion

EV Insurance Premiums Will Fall With an Increase in Industry Collaboration

This article is by Andrew Ballard, product principal, LexisNexis Risk Solutions UK&I. It looks at how the industry can adapt to the challenges posed by EV insurance claims and repairs. The transition to electric vehicles […]

Motor Insurance

Motor: High Cost of Settling Claims is Driving Premiums Higher, Says MCL Boss

This sheds some light on the rapid rise in car insurance costs across Northern Ireland; Motorists in Northern Ireland are facing significantly higher insurance premiums compared to their counterparts in the South, with costs driven […]