Motor
214 whitepapers and resources
Motor
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.
Whiplash reforms shift insurers’ legal ‘buying criteria’
The 2021 whiplash reforms were implemented with the aim of reducing the substantial cost of motor insurance claims and car insurance premiums. This article highlights why three years on, motor insurers’ “buying criteria” for legal partners is shifting towards organisational sustainability.
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.
Electric vehicles and the future of motor insurance
How will the rise of electric vehicles and the FCA’s Consumer Duty affect the car hire and replacement vehicle market? This report sheds light on the key findings from the Insurance Post/Europcar Shifting Gears Motor Survey and how motor insurers can future proof their businesses.
Electric opportunities for total loss claims
Getting motorists behind the wheel of an electric vehicle for a real-world experience could help overcome barriers to adoption. This article highlights why insurers should consider providing EV replacement vehicle options to customers whose vehicles are deemed a total loss.
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.
Holiday from hell - Part three: Valet parking
How can vehicle owners make sure they do not fall foul of bad valet parking practices? In this article, Phoebe Callender, senior legal adviser at DAS Law clarifies the legal position of valet companies entrusted with the care of customer's vehicles while they are away on holiday.
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.