Insurers spend millions of pounds every year with garages on vehicle repairs. This short guide highlights how Optal’s Virtual Account Numbers (VANs) can be used by insurers to pay any suppliers and help ensure that the repair process runs smoothly.
Insurers have begun to adopt telematics via Usage-Based Insurance (UBI) programs and are now showing interest in learning about its value proposition beyond UBI. This article looks at how insurers can apply telematics data to detect motor vehicle crashes and optimise resulting claims.
LexisNexis Risk Solutions commissioned a survey of 1,500 consumers to ask them about their motor insurance purchasing experiences. This report sheds light on the research findings and the opportunities available for insurers to use data to help identify, acquire or retain profitable motor customers.
90% of personal motor insurers using contributory databases find them either very useful or extremely useful and feel contributory databases could be better used. Based on research conducted by LexisNexis, this infographic illustrates the views of personal motor insurers towards contributory data.
When it’s time to buy motor insurance, consumers are shopping around more than ever before. Based on the results of LexisNexis Risk Solutions’ research, this infographic provides a snapshot of the key findings and the opportunities available for motor insurance providers to stand out from the pack.
There are 2.5m electric vehicles currently on roads around the world, and this figure is expected to rise to between 40m and 70m by 2025. For that prediction to come true, however, battery technology needs to undergo a revamp. Download this article to find out what this could mean for insurance.
ERS has launched its new motor breakdown product that caters for the specialist vehicle market. Designed for brokers placing motor risks, this guide provides information on the product's key features and how you can help your clients ensure they have sufficient coverage for their specialist vehicle.
This short paper summarises the principal legal risks facing the casualty and motor claims environment over the medium term. The challenges include the resetting of the personal injury discount rate, the effect of changes to EU motor insurance law and the ongoing evolution of vicarious liability.
Allianz has updated its whitepaper from 2014, providing an overview of driving offences, including drug driving, and the respective sentences, the impact on the driving at work policies, and risk management for those involved in the running of commercial motor fleets.
In this BIBA guide, our second for 2018, we look at how the motor insurance sector is evolving as technological advancements revolutionise vehicles and the roads we drive them on, and what legislation and regulation needs to be adapted or created to handle it.