Motor
188 whitepapers and resources
Motor
New figures show stolen vehicle recovery rate down from 80% to 28%
As stolen vehicle recovery rates have plummeted, vehicle thefts in England and Wales are now costing insurers almost £1.5 billion per year. This content highlights the tactics used by car thieves and how AX Track can support the recovery of stolen vehicles and valuable assets.
Customer story: Underwriting risk detection
This case study highlights how Shift’s AI detection solution enabled a European P&C insurer to improve its underwriting processes by identifying fraudulent or misrepresented policies in their portfolio.
Motor insurance: Navigate smooth passage for customers
With the motor market experiencing tough terrain, this article explains why the insurance industry must do everything in its power to support clients and businesses.
What can brokers do to blossom in the ever-evolving EV insurance market?
The electric vehicle and hybrid market is set to grow exponentially in the next decade. At a recent roundtable event, an expert panel discussed the implications and opportunities for motor insurance brokers. Download this article for a summary of the discussion and the key points addressed.
Five client benefits of classic car cover versus standard motor policies
On the surface, classic car insurance may appear similar to standard motor cover, but a look under the bonnet reveals key differences. Designed for motor brokers, this content highlights five benefits to share with your clients when recommending classic car insurance against standard motor cover.
Intelligence: Telematics
Twenty years after Norwich Union launched Pay as You Drive Insurance in the UK, this article assesses how much progress has been made in telematics becoming a mainstream motor insurance product; and how these black box offerings have evolved.
Developing the HNW market for electric vehicles
Electric vehicles are becoming more commonplace on the UK’s roads but their high price tags mean they’re more likely to be owned by high-net-worth individuals. This article sheds light on the insurance requirements for HNW electric vehicles and how the industry is responding.
Intelligence - motorbikes: Opening the throttle
The motorbike insurance market has been a hive of activity recently, in what has previously been a quiet and steady sector for the past 20 years. This article investigates what this means for the biker customer and if more entrants are on the horizon.
The case for outsourced FNOL: A guide for motor insurance brokers
The new FCA “price walking” regulations promise an end to the ‘race to the bottom’ and a shift towards improving customer service. This content focuses on how motor brokers can enhance claims processes to improve customer satisfaction, the importance of FNOL and five reasons to outsource FNOL.
UK trend watch: Artificial intelligence will drive more relevant motor insurance
Read this blog to find out about the pioneer UK motor insurer using advanced technology to provide fairer premiums and better customer experiences for drivers.