Daily Motor News – Thursday 24 September 2026 

ABI guest blog with DAC Beachcroft: Automated vehicle data and the insurance sector 

When it comes to automated vehicles (AVs), one of the most significant challenges facing the insurance sector may not be the vehicles themselves, but the enormous volumes of data they will generate and the issues that raises. Read more

The young-driver motor market is becoming a telematics market 

Telematics is becoming an increasingly important part of the insurance journey for young drivers. As the CII considers what role the insurance profession can play in improving road safety, new Consumer Intelligence data shows just how significant telematics has already become in the market. Read more

Admiral insurance firm to cut 500 jobs in the UK 

Insurer Admiral will cut 500 jobs in the UK as part of plans to save £100m, it has announced. The proposals are related to Admiral’s UK insurance business only, and will affect about five per cent of its workforce. Read more

Rethinking motor FNOL: how claims intelligence can help cut costs and delays 

Article contributed by Carla McDonald, Director of Product Management, LexisNexis Risk Solutions, UK&I 

UK Motor insurance claims costs rose from £6.8bn in 2019 to £9.1bn in 2023, a 34% increase, according to the Financial Conduct Authority’s Motor Insurance Claims Analysis – Multi-Firm Review. The rise underscores growing pressure on motor claims teams and the need to use claims data more effectively from first notification of loss (FNOL). Read more

FOIL: Driverless Taxis Hit the Streets of London  

On 3 September 2026, London became the first city in the UK to offer the public a ride in a self-driving taxi. Uber, working with British autonomous driving technology trailblazer Wayve, have licensed a fleet of fifteen Ford Mustang Mach-E electric vehicles onto London’s streets, each fitted with Wayve’s camera-based AI Driver software and surround sensors. Read more

Can artificial intelligence truly transform specialty insurance? 

AI creates real value in specialty insurance when embedded directly into underwriting and claims workflows. Here, Christian Stobbs, Chief Strategy and Corporate Development Officer at Markel Insurance explores why treating AI as a business capability – not an IT initiative – can improve speed, consistency, and decision-making across the organization. Read more

Turning claims strategy into better risk decisions 

In this Risk Capital Insight episode, Aon’s Mona Barnes and SCOR’s Neil Owen discuss why claims strategy has become a business and capital decision, not simply an insurance outcome. Read more

EV choice doubles as new model hits UK market every fortnight 

British drivers are being offered more electric car choice than ever, with manufacturers launching the equivalent of one fully electric model every fortnight for the past three years, according to new research by the Society of Motor Manufacturers and Traders (SMMT). Read more

Average sold price of used petrol car falls to 2026 low 

The average sold price of a used petrol car fell to its lowest level of 2026 in August, according to MarketCheck. This news follows a period of stability over the summer. The average sold price stood at £15,234 in August 2026, down from £15,541 in July. Read more

UK car buyers and businesses could claim from £56m cartel fund 

Millions of UK buyers and businesses could receive compensation after a court approved claims from a £56 million fund linked to a car shipping cartel. The Competition Appeal Tribunal approved the claims plan on September 23. Read more

Bentley unveils its first fully electric car 

Bentley has unveiled its first fully electric car after investing £350m to upgrade its factory in Cheshire. The Torcal SUV will be built on a brand-new production line at the site, which has been the luxury carmaker’s headquarters since 1946. Read more

New Vocational GCSEs unveiled in major shake-up to hands-on learning for teens 

Every young person across the country will be able to pursue prestigious new Vocational GCSEs and access work experience in a major shake-up of the education system to prepare them for the world of work. Read more

New CII research community launched to gather practitioner insight 

The Chartered Insurance Institute (CII) has announced the launch of Voices, a new online research community designed to give insurance and personal finance professionals a stronger role in shaping policy, professional standards and membership services. Read more

Boots Opticians launches ‘Eyes on the Road’ campaign as four in five families worry about older relatives driving in the dark without regular eye tests 

Boots Opticians has launched ‘Eyes on the Road’, a new campaign encouraging drivers aged 70 and over to prioritise their eye health and driving confidence, following new nationwide research that highlights how important driving is to maintaining independence in later life. Read more

Beazley expands cyber protection as businesses face growing AI risks 

Beazley, the leading specialty insurer, today announced new cyber cover to support businesses manage the risks arising from their own use of AI. While organisations are increasingly focused on threats from AI-enabled cyber attacks, Beazley’s latest endorsements respond to the equally important risks that can emerge when businesses deploy AI within their own operations. Read more

Rhonwen Barraclough has started a new role at Allianz as Claims Technical Strategy Manager in the Motor Large Loss Team. 

Matthew Teague has been promoted to Claims Operations Manager at Minster Law. 

Financial firms are shutting down hundreds of thousands of suspected money mule accounts, but organised criminal groups are still shifting dirty money through multiple bank accounts before cashing out. Read more

40,000 young people across the UK will be offered opportunities and employment in skilled Defence careers every year by 2030, rising to 50,000 by 2035, following the biggest ever agreement between government and business to expand routes into work, apprenticeships and training for young people in defence. Read more