Product Hub: Commercial motor

Welcome to Insurance Age’s Commercial Motor Product Hub. This page hosts all of our commercial motor product news and insight to help the market keep abreast of latest developments and to boost their business development strategies.

Product overview: Commercial motor

The commercial motor insurance market has come a long way since 1901, when the first cars were insured at Lloyd’s under marine insurance documents. But while vehicles are no longer described as ‘ships navigating on dry land’, the market is still finding itself having to adapt as new challenges emerge.

Find out more

Broker satisfaction survey

In 2021 Insurance Age undertook its largest ever survey of UK brokers in order to assess the quality of insurer service across the market. The Broker Satisfaction Survey covers 11 business lines in total and accessed more than 7,000 data points, making it one of the biggest surveys in the broker community.

The full results can be found here

To share your thoughts on who the best insurers are in Commercial motor, click the button below.

Take part in the survey

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No major impact on insurers by inflation: report

Plenum Investments’ 2022 half year report has shown that inflation has not had a serious impact on the insurance sector, except for UK motor insurers, and higher interest rates gave led to an improvement in Solvency II positions.

Broking Success: Moving forward and storing up success

Greg Wildman, managing director of Basil Fry & Company, unpacks how the removals, storage and self-storage specialist broker has consistently delivered yearly double-digit organic growth in a sector that is a bellwether for the UK economy

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