S3 Ep. 5 - What’s driving the motor market
Apr 12, 2023•34 min
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Episode description
This week Richard York-Weaving, one of LCP’s motor experts, tells us about key trends affecting the UK motor market, including insights from our annual motor survey.
We discuss:
• How is inflation impacting motor claims?
• How are insurers trying to stay competitive in the face of uncertainty from the whiplash reforms, Ogden rate changes and the FCA pricing reforms?
• How might electric and self-driving cars change the motor market in the future?
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