Insurer RSA Exits UK Personal Lines Motor Market to Focus on Core Businesses March 28, 2023 UK insurer RSA announced it is exiting the UK personal lines motor market to focus on its core lines. The...
British Motor Insurer Direct Line’s CEO James Steps Down January 27, 2023 Direct Line Insurance Group’s chief executive of nearly four years, Penny James, will step down with immediate effect after the...
British Motor Insurers’ Shares Fall Sharply as Direct Line Scraps Dividend January 11, 2023 By Carolyn Cohn Shares in Direct Line lost more than a quarter of their value on Wednesday after the British motor and home...
Road Accidents Jump 22% During Week After Clocks Go Back November 1, 2022 Claims for road accidents in the UK jumped by over a fifth (22%) in the week after the clocks went...
UK Car Insurance Premiums Reached 18-Month High in 1st Quarter: Survey April 21, 2022 The cost of a comprehensive car insurance policy in Britain touched an 18-month high in the first quarter and will...
Howden’s Motor Specialist MGA KGM Underwriting Acquires UK Motor MGA Eridge April 1, 2022 KGM Underwriting Services, a UK specialist motor insurer and subsidiary of Howden Group, announced the acquisition of Eridge Underwriting Agency,...
Cost of UK Auto Insurance in 2021 at 6-Year Low, but Cost Pressures Begin to Bite: ABI February 7, 2022 The average price paid by motorists for their motor insurance in 2021 fell to its lowest level in six years...
UK Car Insurance Premiums Expected to Be Volatile in 2022: Survey January 19, 2022 The cost of a comprehensive car insurance policy in Britain is expected to be volatile this year, after rising 5%...
UK Personal Lines Insurers Adjust to New Pricing Rules. Is Premium Volatility Ahead? January 6, 2022 By L.S. Howard UK insurers are adjusting to new pricing rules for personal motor and household premiums, which could bring some pricing volatility...
Twins Who Built $1.3B Marshmallow Car Insurance Startup as Industry Challenger October 18, 2021 By Ronan Martin For three centuries, a handful of insurers have dominated the market from the City of London. The upstart intent on...