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 […]

Motor Insurance

Brew Time: European Cars Given a US Makeover – Would You Drive One?

Europe and America’s historical ties run deep; with alliances including everything from conflict to trade, music and fashion.  But the Atlantic represents a huge chasm in attitudes when it comes to cars. Basically, Americans like to […]

Insurance Brokers

Broker Update: LexisNexis Identifies Cancellation Patterns & Risk Factors

Continuing its track record of delivering insurance industry insights, so providers can make better decisions, LexisNexis® Risk Solutions has uncovered the scale and impact of policy cancellations on the sector. New analysis of the data […]

Insurance claims

Claims: Insurance Nexus Poll Reveals Future Trends, From PI to AI

The claims sector is undergoing a rapid transformation, with AI powering automated systems, drone footage assessment, outsourcing on vehicle data gathering tech, plus photo, GPS, braking force & more incident evidence via on-board telematics systems. […]

Legal

Motor Premiums: RAC and BGL Team Up On Legal Expenses Business

Following a competitive tender process, the RAC’s Legal Services business has been selected by BGL Group to underwrite its motor and home legal expenses insurance (LEI) business. BGL is a leading digital distributor of insurance and […]

News

Saga Launches Three Year Fixed Price Deals on Home & Motor Insurance

Saga has made headlines today as its shares dropped dramatically, following a posted loss of £134m. The over-50s specialist has suffered some competition recently from other insurers and brokers, all keen to grab a slice […]

Insurance claims

Claims: New Rules See Charges Capped at 20%, New FCA Complaints Regulator

It’s no an April Fool – from today the Financial Conduct Authority (FCA) will be in charge of overseeing the activities of the UK claims management companies (CMC). So everything from your long established PPI […]

News

Consumer Intelligence Says Car Insurance Costs Heading Up

Drivers are benefiting from premium falls of 6.7% in the past year, but the tide is starting to turn, new analysis1 from insurance data analytics expert Consumer Intelligence shows. Across the market, average prices rose […]