Six motor insurance companies will introduce or enhance their competition law compliance programmes after being investigated for anti-competitive practices. The investigation was carried out by Irish regulator Competition and Consumer […]
Motor insurance is at a five-year low, according to the ABI’s latest Motor Insurance Premium Tracker. It found that for the second quarter of the year the average price paid […]
New research has found that the annual cost of running an electric car is nearly half that of a petrol equivalent. A study carried out by comparethemarket estimated that it […]
Covéa Insurance has appointed Adrian Furness as chief executive officer. He succeeds James Reader, who is leaving the business. Furness, who has been chief operating officer since December 2019, said: […]
Car insurance has fallen 8.4% in the last year, with the average policy now £779 a year. According to data released by Consumer Intelligence, those aged between 25 and 49 […]
Allianz Group is investing further in digital business models by announcing it will become the insurance partner of heycar for the next five years. Heycar, owned by Mobility Trader Holding, […]
New research has found that more than half of drivers think they are paying too much for car insurance considering the reduction in miles driven. Research for RAC Pay by […]
Premiums for motor insurance is expected to drop by six per cent this year, which equates to £27 per policy. The decrease is attributed to fewer miles driven during Covid-19, […]
Covéa Insurance has announced a new partnership with By Miles. By Miles became the UK’s first pay-by-mile car insurance policy when it launched in 2018, and saw policy sales increase […]
Direct Line Insurance, Britain’s largest motor insurer, reported a bigger than expected rise in motor insurance prices for the third quarter, helping to boost its sales. The insurance firm, whose […]
Six men are due to be sentenced over a multimillion-pound crash-for-cash scam. The men from London and Manchester attempted to defraud insurers out of around £5.6 million by setting up […]
The failure of the Competition and Markets Authority (CMA) to take action over the motor market is partly to blame for rising claims inflation, according to Covéa Insurance chief executive […]
