Daily Motor News – Thursday 3 July 2025 

Roundtable Event 2025: How do we manage capacity challenges in a more sustainable way

On 26 March 2025, ILC in partnership with Activate Group brought together industry leaders at Uncommon, Holborn, London, for a crucial roundtable discussion under Chatham House Rules – a setting that fostered candid, unfiltered dialogue. The focus of the day was clear: addressing the capacity conundrum within the repair sector amid evolving market dynamics. Read more

4 in 5 insurance professionals oppose FCA CPD proposal

The Chartered Insurance Institute (CII) has found significant opposition to the Financial Conduct Authority’s (FCA) proposal to remove the requirement for those working in the insurance profession to undertake a minimum of 15 hours training and development per annum. Read more

Motor and home insurance premiums continue downward trend in Q2 but complexity grows

Insurance premiums for both motor and home continued their downward trajectory in Q2 2025, but the latest data from Pearson Ham Group’s General Insurance Price Index points to a changing pace of movement – and a more nuanced pricing environment on the horizon. Read more

Motor insurance claims costs surge

Ireland: RTÉ reports that the cost of settling motor insurance claims in Ireland surged by 23% in the first half of 2024 compared to the previous six months, totalling €414m. According to the Central Bank’s National Claims Information Database (NCID), this increase is largely due to a rise in damage claims. Read more

Consumers will feel impact of insurance claims cost rises most acutely

It looks as if the nation’s mechanics and parts dealers are doing well out the cost-of-living crisis. Or at least they appear to be doing better than many of those who use their services. Read more

INSHUR Partners with Diesta

InsurTech Insights reports that INSHUR, a leading provider of insurance solutions for the on-demand economy, has partnered with Diesta, a specialist in insurance payment reconciliation and distribution, to automate payment operations and support global growth. Read more

Lloyd’s chair says marketplace must ‘extend’ leading position

The new chair of Lloyd’s has vowed to “strengthen and extend” the insurance marketplace’s industry leading position after the sector was identified as a ‘frontier industry’ in the government’s newly minted Industrial Strategy. Read more

Social care reform: parliamentary momentum and implications for catastrophic injury claims

Social care reform returned to the spotlight in Parliament last week, as the House of Lords debated the government’s strategy for improving care provision over the next two years. The wide-ranging discussion reflected not only the growing political urgency around the topic, but also the deep structural pressures facing the sector – many of which have a direct bearing on insurers dealing with high-value personal injury claims. Read more

Volvo owner to launch Geely EV brand in UK

Geely, the Chinese firm that owns LEVC, Lotus, Polestar and Volvo, is launching its eponymous car brand in the UK. The first model bound for UK showrooms will be the Geely EX5, an electric crossover pitched against the Skoda Elroq, Kia EV3 and Renault Megane. Read more

The race to better ‘the electric vehicle experience’

The deadline is just a decade away. From 2035, if you buy a new car in the UK, it will have to be 100% emissions free. But while the pressure to move to electric vehicles (EVs) is transforming the car making landscape, there are firms in the UK seizing an opportunity and creating jobs. Read more

Citroen owners left stranded over airbag safety risk

An estimated 120,000 motorists in the UK have been left unable to drive their cars after a safety alert over a potentially lethal fault with airbags. The car giant Stellantis recently said people should stop using versions of the popular Citroen C3 and the related DS3 altogether until they were fixed. Read more

Tesla deliveries fall for second quarter in a row

Elon Musk’s Tesla has reported a 14% decline in vehicle deliveries in the second quarter of the year, as the electric car-maker’s problems show no sign of abating. The just over 384,000 vehicles it delivered between April and June represents the second quarterly drop in a row. Read more

Spotlight on Neel Mehta, Driving Data Innovation at Carpenters Group

In an industry built on precision, risk and decision making, data is no longer just a support function. It has become a strategic asset. Across the insurance sector, data analytics is transforming how organisations assess risk, detect fraud, price policies and ultimately serve their customers. Read more

Repairer ties in with university for AI research

University of Portsmouth researchers are collaborating with accident repair group ABL 1 Touch to develop an AI-powered system aimed at streamlining vehicle damage assessments and repair scheduling. Read more

Artificial intelligence: Should AI be ranked higher?

Is D&O risk management giving AI the attention it needs? Join Hannah Tindal, Allianz and Angus Duncan, WTW as they discuss the effects of AI and why boards don’t consider it to be a top risk…for now! Read more

How do changes in UK employment law affect Directors and Officers liability insurance?

Stelios Miltiadou, underwriting manager for financial Lines in Digital Trading at Allianz UK, explores the implications of the Employment Rights Bill on Directors and Officers (D&O) insurance and the heightened exposures faced by smaller businesses. Read more

AkzoNobel is pleased to announce that Fredrik Westin will become the company’s new Chief Financial Officer (CFO) as of January 1, 2026. He’ll succeed Maarten de Vries – who is completing his second four-year term as CFO and member of the Board of Management – as part of a structured succession process.

The very latest vehicle data D4.75 is now available for Audaenterprisegold in Malta.

Camelot is hosting a Future of Underwriting expert led workshop on 9 July. The session will focus on key trends affecting the world of speciality underwriting including opportunities for profitable growth, efficiency gains and better risk selection and pricing. Read more