motor insurance

Burglaries drive vehicle theft increases

A Freedom of Information (FoI) request to Nottinghamshire Police has revealed that 21.93% of stolen cars are taken in relation to a burglary or robbery. This equates to over 28,500 […]

ALA Insurance calls for FCA clarity

ALA Insurance has called a fair value warning to GAP insurance providers issued by the FCA ‘irresponsible’ as the data does not differentiate between online brokers and dealerships. The FCA […]

FCA announces insurance crackdown

The Financial Conduct Authority has told motor insurers they are falling short of new Consumer Duty regulations and warned them to improve services within three months or face penalties. In […]

Motor still dominates fraudulent claims

New figures have revealed that motor insurance accounted for the majority of fraudulent claims uncovered last year. According to the Association of British Insurers, 72,600 fraudulent claims were detected last […]

Vehicle break-ins spike over summer

New research has found that on average 1,112 cars in the UK were broken into every day last year – that equates to one break-in every 79 seconds. The research […]

NBRA: premium hikes were inevitable

The National Body Repair Association (NBRA) has said the 21% annual rise in motor insurance premiums is not surprising. Board member Wayne Mason-Drust said: “For almost a decade, the cost […]

Premiums soar to record high

The Association of British Insurers has reported that average comprehensive motor premiums have risen to record highs. Its premium tracker analysis 28 million motor insurance policies in the UK and […]

Durite names new fleet consultant

Vehicle safety, lighting and auto electrical parts supplier Durite has appointed a fleet consultant to support transport operators and work closely with insurance and industry bodies. Adam Wild brings extensive […]

Vehicle theft bill soars to £1.54bn

Claims Management & Adjusting (CMA), the UK’s oldest specialist motor insurance loss adjuster, estimates that vehicle thefts are now costing UK insurers £1.54bn a year, with a further decline reported […]

Car insurance costs getting harder to manage

A new report has highlighted how drivers are struggling to afford motor insurance in the face of the cost-of-living crisis. According to Forbes Advisor, four in five (83%) British adults […]

ABI data reveals surge in motor claims

Data from the Association of British Insurers have revealed that payouts for motor claims have risen by 14% in the last year to £2.4bn. This is 11% up on the […]

Synetiq accelerates claims times with new service

Synetiq, an IAA company, one of the UK’s leading integrated vehicle recycling companies has launched a new supply and fit service to support insurance clients facing increasing claims in catalytic […]