Daily Motor News – Wednesday 2 July 2025 

ILC ARTICLE

Vehicle Risk Rating: the new standard for understanding automotive risk 

In the first of a series of articles from Thatcham Research centred on the new Vehicle Risk Rating (VRR) system, we explore how it is opening the road to safer, more secure , and more sustainable mobility. Read more

Aviva completes acquisition of Direct Line 

Aviva has officially completed its acquisition of Direct Line, marking a significant milestone in the UK insurance sector. The scheme of arrangement became effective on 1 July 2025, following the delivery of the Court Order to the Registrar of Companies. Read more

Mobility in Insurance conference 2025 tackles sector’s key pressures 

The agenda for the Mobility in Insurance Conference 2025 continues to gather pace, with the addition of timely discussion topics, respected expert speakers, and new partners. Read more

Ageas completes the acquisition of Saga’s Underwriting Business 

Ageas announced today that all necessary regulatory approvals for the acquisition of Acromas Insurance Company Limited (AICL), Saga’s Underwriting Business, have been obtained and the transaction has been completed. Read more

Barclays launches appeal over motor finance commission ruling 

Barclays is back in court this week seeking to overturn a landmark Financial Ombudsman ruling concerning undisclosed commission payments in motor finance—a case that could open the floodgates to hundreds of millions of pounds in compensation claims. Read more

Insurance provider financially Cuvva’d as profits triple to £12.8m 

Short-term car insurance provider Cuvva has experienced a record year of growth, with profits tripling to £12.8m in 2024. The London-based firm also saw turnover grow to £27.4m as it continued to invest in product innovation, infrastructure and automation at scale. Read more

Complex injury key dates 2025 

Compiled by our Market Insight & Innovation team, this important document lays out the second six months of the year in detail plus what is heading our way further down the line, whilst also providing a handy look back at January to June. Read more

FCA clarifies expectations on bullying, harassment and violence to deepen trust in financial services 

Previously, it was often unclear when these types of behaviours would amount to a conduct rules breach in a firm other than a bank. On 1 September 2026, the same rules will be extended to around 37,000 other regulated firms, increasing consistency across financial services.  Read more

Healthy used car market in June, but nuanced stock profiles fuelling sales 

According to the latest data from Auto Trader, the used car market has entered the second half of 2025 in good health, with consumer demand, speed of sale, and transactions all stable in June. However, the increasing nuance in supply and demand dynamics within the used car market is leading to a division in sales performance between retailers, with independent businesses currently outpacing their franchise counterparts.  Read more

The Evolution of Safety at Toyota – Part 3: The Future of Safety 

This is the third of three Toyota Newsroom articles on how safety technology has developed and been deployed in new vehicles at Toyota. Read more

Berg Insight expects rapid adoption of autonomous vehicle technology in the next 10 years 

According to a new research report from the IoT analyst firm Berg Insight, 68.6 percent of all sold cars globally fulfilled requirements for SAE level 1 (L1) automated driving and higher levels in 2024. By 2030, the percentage is forecasted to reach 90.4 percent.  Read more

Tesla sends driverless Model Y from factory to customer to promote its robotaxi tech 

Just a few days after launching a limited robotaxi service in Austin, Texas, Tesla pulled off an additional stunt meant to show off the progress of its self-driving car software. The company let a Model Y SUV drive roughly 15 miles from Tesla’s factory to the apartment complex where the car’s new owner lives, completing what CEO Elon Musk called the first “autonomous delivery” of a customer car. Read more

Cary Group expands UK presence with Autoscreens acquisition 

Cary Group has further strengthened its position in the UK market through the acquisition of Autoscreens Direct Ltd, which trades as Autoscreens. Read more

Petrol prices rise amid Middle East tensions 

After three months of declining pump prices, tensions in the Middle East have triggered a sudden reversal, pushing the average cost of petrol up by 2p per litre, according to new analysis from RAC Fuel Watch. Read more

Progress in export license processing, but risk of rare earth supply chain disruptions remains significant   

The backlog of pending applications for export licenses for rare earth elements and permanent magnets is shrinking, but significant challenges remain, according to the latest industry assessment.  Read more

BHR Assist Insurance Services Ltd has officially become a corporate member of the The Gibraltar Insurance Institute (GII), a respected hub for professional development, knowledge exchange and sector-wide collaboration within Gibraltar’s thriving insurance market. Read more

Global consulting and technology firm Accenture has appointed Will Pritchett as insurance industry lead for the UK, Ireland, and Africa region. 

Paul Johnson has started a new position as Head of Supply Chain at Ageas UK. 

Nick Goodess has started a new position as Body Repair Manager UK & IE at Tesla. 

Rob Harbord has started a new position as Head of Group Compliance at Shorade UK. 

Nick Hardy has become Managing Director of Ogilvie Fleet. Gordon Stephen – MD for 25 years – will start a new role as Chairman. 


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