News

Go Compare Comments on FCA Guidance Issued to Insurers

The Financial Conduct Authority (FCA) has issued new guidance to insurers designed to help customers struggling to pay their premiums due to the Coronavirus pandemic. The new measures will come into force on Monday 18 […]

News

Ireland’s Drivers To Get Car Insurance Refunds – Will UK Insurers Follow?

According to Irish media outlets, some five insurers in Ireland intend to refund car drivers after Corona. AXA has stated it will pay out 33 euros each to their car insurance policyholders. The move will […]

InsureTech

RAC Takes a Stake in Wrisk, PAYG Insurtech Specialist

The PAYG car insurance revolution is underway, here’s some interesting news from the RAC; Following a short period collaborating on the development of a new mileage-based car insurance product, the RAC has become a strategic […]

Insurance Brokers

By Miles Survey Says Low Mileage Drivers Pay Too Much With Standard Policies

New research shows that low mileage drivers are getting poor value for money from their car insurance. UK pay-by-mile car insurance provider By Miles’ analysis of nearly 2.5 million car insurance quotes on comparison site MoneySuperMarket reveals that low mileage drivers (motorists […]

InsureTech

Insurtech News: By Miles Raises £5m in Series A Funding

 By Miles, the UK’s first real-time pay-per-mile car insurance provider, has successfully raised £5m in a Series A funding round led by Octopus Ventures. The insurtech startup is on mission to make car insurance better for […]

Big Data

UK Drivers Happy to Bend The Truth to Get Cheaper Car Insurance

New research of 1,500 motorists by LexisNexis Risk Solutions has found that 7 out of 10 think it is acceptable to manipulate the information they provide when obtaining a quote for motor insurance from a price […]