Dangerous driving?
There are widespread changes in the private motor market, as claims continue to grow, forcing premiums up. However, the insurance industry is not heeding warnings or making adequate plans for the future, says Andrew Newman.
Almost every aspect of UK private motor business is on the move,making any review of the market inevitably repeat much of what has been
said before. However, there are one or two problems that have emerged only
lately, but which have so far attracted less attention than they
deserve.
The old names in motor continue to fade away as the consolidation
juggernaut rolls on. One of this year's departees Drake, was exceptional
in going out with a bang, giving its unfortunate policyholders a chance to
asse
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