Tag Archives: motor
Preserving History – Storing Classic Cars
Preserving History: A Guide to Storing Classic Cars The classic car could be the ultimate ‘toy’ for the high net worth individual, with many beautiful cars taking pride of price in the discerning collector’s armoury, but how should these pieces of history and works of art on wheels be stored? Whether you're an avid…
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The personal motor insurance market – challenging times
The personal motor insurance market – challenging times The UK motor market has seen month-on-month premium rate increases over the last few months as Ernst and Young (EY) tell of insurers experiencing their “worst performing year in a decade in 2022”. This is due to: Rising inflation Higher wages Historical low premiums Increase in cost…
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Guide to Motor Claims Inflation
Guide to motor claims inflation In this issue: - Executive summary - Pandemic impact - Brexit - War in Ukraine - Technological advancement - What about injury claims? - It’s not all bad news - What’s AXA doing to help? - Vehicle damage claims - Injury claims Download the motor claims guide Here. There are…
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Electric Cars and What to Consider
Electric Cars and What to Consider... The ban on new petrol and diesel cars is fast-approaching, with the cut-off date of 2030 looming on the horizon, and the number of electric cars on the road is rapidly increasing, accounting for 11.6% of UK new car sales in 2021. Yet, many are still hesitant to opt for electric vehicles for…
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Reducing Motor Fleet Cover
Reducing motor fleet cover The current uncertainty in the haulage industry is causing people to think about their current fleet numbers. With a potential downturn in business, drivers self‐isolating, or just a reduction in volumes, it’s best to know your options so you can make the best decision. Own vehicles – You can lay them…
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Health and Safety in the motor vehicle repair industry
The motor vehicle repair industry employs 200,000 people in the UK. Most of these people work in small and medium sized businesses. Health and safety records are becoming worrying across the industry. During 2017, there has been a significant increase in the number of impact claims occurring for motor traders at their premises. These claims…
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Two new motor fleet insurers enter the UK market
Following the withdrawal of a number of motor fleet insurers in 2016/17, January has seen two new entrants utilising a select distribution network, one exclusively providing terms only with the use of forward thinking technology. We provide a brief overview as to how a different approach to the way you purchase motor fleet insurance can…
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Covernotes Winter 2017 Newsletter
Winter 2017 Newsletter Please download our winter 2017 newsletter Winter covernotes 2017 In this months Covernotes we cover:- Motor Vehicles: the new instruments of terror Weather-proof your business against the winter Social engineering, spear phishing, whaling…the latest trends in cyber-crime Are you GDPR ready? Recovering after a flood How would you handle a product recall?…
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Haulage Driver shortage – 50,000 new drivers needed in the industry
The RHA have advised that the industry has a shortfall of between 45,000 and 50,000 drivers and the situation is getting worse. Thousands of older drivers are leaving the industry and younger people can’t afford to get a truck licence. More than 85% of all goods bought in the UK are carried by a lorry…
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Ogden tables – what can you expect to change for the remainder of 2017
The UK motor fleet and liability market is reeling from the effects of the change in Ogden discount rate that came into effect from 20 March 2017. But what can clients expect to happen with their insurance renewal rates now? And what will happen in the future, read on to find out more. What is…
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