Motor
191 whitepapers and resources
Motor
Spotlight: Do insurers dream of electric fleets?
The New Year rang in the beginning of the end for petrol and diesel vehicles in the UK. With the 2030 deadline set to curtail the sale of new ICE vehicles, this article sheds light on insurance industry sentiment towards electric vehicles.
Spotlight: Electric vehicles charge ahead
The future of driving is electric, and the momentum is building – but are UK insurers ready to meet the challenge? This article assesses the prospect of accelerated EV growth in 2025 and what it means for the insurance industry.
‘Stripped-back’ policies may lead to consumer confusion
Among the largest 10 car insurers, 60% now offer ‘essentials’ policies, as the sector pivots towards more budget-friendly options. This article explores how ‘stripped-back’ motor insurance policies may lead to greater consumer misunderstanding unless insurers begin to communicate clearer.
Overcoming the challenge of insuring self-driving vehicles
In May 2024 the Automated Vehicles Bill was passed to outline a legal framework for the use of self-driving cars. This article explains how the Automated Vehicles Bill could help ensure insurers have access to the data needed to insure self-driving vehicles.
Webinar: Is it time the ABI GTA had specific rates for electric vehicles to change insurers' attitudes?
With over a million electric vehicles on UK roads, they are becoming increasingly important for motor insurers in managing portfolio growth and claims costs. In this webinar, an expert panel explore the future of the courtesy car supply chain, now that the ABI GTA provides clarity on EVs.
Scale of motor insurance market shrinking laid bare
Mike Powell, insight manager for banking and general insurance at Defaqto, examines why there are now 14% fewer insurance brands selling comprehensive car insurance than there were 10 years ago plus what features have been stripped out of standard policies.
What pushed up the price of EV premiums?
Analysts say insurance claims costs are 25% higher for electric cars, and that they also take about 14% longer to repair than a diesel or petrol equivalent. This article explains what pushed up electric vehicle motor insurance premiums plus what it will take to make cover more affordable again.
Four ways to boost motor insurers' profits
Insurance Post gathered a group of personal lines experts to discuss what it will take to make motor insurance more profitable for providers and appreciated by policyholders. This article provides a summary of the roundtable discussion.
Better motor claims are no accident
The new Consumer Duty requires insurers to ensure reliable replacement vehicle offerings with dependable secondary suppliers, consistently meeting consumer expectations. This article outlines how innovative secondary suppliers can improve end-to-end incident management, benefiting all stakeholders.
Infographic: Traffic collisions – riskiest areas and key risk factors
New analysis from CRIF, reveals the areas across England and Wales with the highest and lowest risk of traffic collisions. This infographic shows the top five towns and cities with the highest risk of a traffic collision and the five key factors that can contribute to a road collision.