Pricing
235 whitepapers and resources
Pricing
What pushed up the price of EV premiums?
Analysts say insurance claims costs are 25% higher for electric cars, and that they also take about 14% longer to repair than a diesel or petrol equivalent. This article explains what pushed up electric vehicle motor insurance premiums plus what it will take to make cover more affordable again.
Whose role is it anyway? Helping consumers with the lasting impact of the cost of living crisis
68% of Europeans think insurance premiums are excessively high, highlighting the importance for many to access affordable products. This content sheds light on CRIF’s latest research and how open banking unlocks data for insurers to better assess risk and provide more competitive policy premiums.
Four ways to boost motor insurers' profits
Insurance Post gathered a group of personal lines experts to discuss what it will take to make motor insurance more profitable for providers and appreciated by policyholders. This article provides a summary of the roundtable discussion.
AI insights unveiled: UK insurance leaders navigate the 2024 regulatory maze
Mind Foundry hosted workshops at the Insurance Post AI Summit to explore AI usage, challenges, and collaboration in the insurance sector. This report shares insights from nearly 40 UK insurance leaders in claims, fraud, pricing, and data science, guiding you to navigate the AI landscape effectively.
Dogflation: Understanding its impact on pet insurance affordability
In 2023, the UK recorded 12 million dogs as pets. The rising cost of owning a dog, dubbed “dogflation”, highlights the increasing expenses of pet care. This article examines the impact of dogflation on the pet insurance industry and how insurers can offer competitive premiums to attract and retain…
Tackling turbulence for pet insurers
Pet insurance premiums remain approximately 20% higher than 12 months ago, whilst pet insurers are also facing regulatory scrutiny. In this article, Sara Costantini, CRIF’s regional director for the UK and Ireland highlights how pet insurers can navigate challenging market conditions.
State of the pet insurance market revealed
The number of pet insurance providers has fallen with fewer insurance brands selling cat and dog insurance cover than there were 10 years ago. While the overall number of pet insurance providers has been decreasing, this article explores how the number of policies available has risen significantly.
Why customer satisfaction in general insurance is plummeting
The article looks into the latest Institute of Customer Service report, in which customer satisfaction in general insurance providers over the last 12 months has plummeted at the fastest rate since 2008.
Claiming loyalty: An insight into consumer attitudes towards insurance in the UK
Do customers feel valued by insurance providers or brokers? Love2shop conducted a survey to find out what UK consumers think about insurance and what motivates them. This content sheds light on the key findings including the power of rewards for responsible behaviour.
Unlocking value with next-generation intelligent underwriting
The costs of underwriting delays can be irrecoverable. To combat this, insurers are using automation to increase underwriting productivity and write more profitable business. This content sheds light on how insurers can unlock value with next-generation intelligent underwriting.