The motor insurance industry is projected to return to profitability in 2024 after two years of record losses, according to EY’s latest UK Motor Insurance Results.
More than a third of motorists would be encouraged to replace their current petrol or diesel vehicle with an electric vehicle if the Insurance Premium Tax was ditched, according to new research.
Warranty Solutions Group (WSG) has partnered with Strategic Risk Solutions (SRS) to introduce a comprehensive lineup of regulated protection products through its new captive WSG Guardian Insurance.
Omoda, Jaecoo partner with Thatcham to boost insurability, ease of repair
Insurance and warranty firm Opteven UK has appointed Neil Mobey and Emmanuel Pallot as its new heads of operations, each with distinct responsibilities to enhance the company’s service standards.
Used car marketplace Motorway is launching a new insurance product designed to protect dealers from mechanical and electrical issues when buying used vehicles online.
The Financial Conduct Authority (FCA) is undertaking a comprehensive market study into the insurance sector, focusing on the fairness of premium finance products used for motor insurance.
Lexus is launching a comprehensive warranty package to cover vehicles for up to 10 years or 100,000 miles on all its models, whether new, nearly new, or pre-owned.
A worsening shortage of replacement car parts is leaving motorists waiting weeks, or even months, for repairs, according to research by insurance broker The Green Insurer.
Opteven has launched a ‘next-level’ insurance product designed to help car owners get back on the road with a similarly priced vehicle if their car is written off
Many insurers and brokers are still failing to demonstrate fair value despite industry efforts to improve governance and oversight regarding Guaranteed Asset Protection (GAP) products.
Short-term insurer Tempcover and Cap HPI are joining forces to help dealers close more sales with insurance cover ranging from one hour to 28 days.
EV adoption is to be at the heart of Motability Operations which is committing to keep pricing low for it 760,000 disabled customers.
Go.Compare and Carwow have launched a strategic 12-month partnership to help inform customers on insurance.
JLR says it has made progress in addressing some of the rocketing insurance costs its customers are experiencing because of theft concerns from the motor insurance industry.
The Motor Ombudsman has entered into a partnership with insurance broker Howden
The UK financial watchdog has told several online providers of GAP insurance that they can continue to sell their products until the end of April.
The Financial Conduct Authority (FCA) has identified shortcomings in how some motor insurance firms are valuing written-off or stolen vehicles.
Corporate general insurance provider Protector Insurance has selected AA Business Services as its accident management supplier.
Mel Bebbington has been appointed managing director of claims management and mobility business, Auxillis.
