Filter by category:

Bridging the gap between everyday motor insurance and specialist underwriting: In Conversation with Suraj Sachdev

We caught-up with Head of Non-Standard Retail, Suraj Sachdev, to learn about the changes and how he’s applied his data modelling expertise to the world of Personal Motor insurance.

Understanding the impact of new FCA rules on the insurance industry

The FCA is on a Government-mandated mission to create a culture of honesty, fairness and professionalism across the UK’s insurance and financial services industry.

As part of this mission, the regulator has recently announced sweeping rule changes to protect customers against unfair practices at every stage in their insurance journey.

The new rules cover a range of behaviours and fall into three categories – a new Consumer Duty, pricing rules, and product governance.

So we thought we’d ask regulation and compliance guru Branko Bjelobaba to explore the industry and policyholder implications with our brokers in our latest Hot Topic webinar. Here’s what he told us…

Consistency, reliability and realism in our Fleet approach

Since the start of the pandemic, the motor industry has had to continuously adapt to changing circumstances, unexpected disruption and external pressures that persist to this day.

At ERS, we’ve offered additional flexibility to our Fleet customers throughout the pandemic, including laid-up cover for fire and theft on a blanket basis, and relaxing the terms of our change of use policy to allow fleet owners to diversify how they deploy their vehicles.

Several months into 2022, the data finally suggests that the influence of Covid-19 on road usage and driver behaviour is waning. So, what is the reality out on the UK’s roads, and have we finally arrived at the elusive ‘new normal’?