Thousands of drivers could see their car insurance rocket if new uncapped data is used by insurers. Since 2009, Thatcham's Group Insurance Rating has placed vehicles into a 1-50 system by using a capped algorithm to help insurers determine the cost of cover. While there are no plans to replace the current process, raw data shared as a result of taking the cap off has seen around 500 cars surge … [Read more...]
Agisters joined by Vloggers
The digital tribe of YouTubers, bloggers and social media marketers simply haven’t existed as far as the UK car insurance industry is concerned - until now. While ancient, outdated or incredibly niche occupations including agisters, almoners and ostlers are catered for by the Association of British Insurers, modern careers in digital media do not appear on the lists used by insurers to rate car … [Read more...]