What's driving motor claims inflation?

What's driving motor
claims inflation?

Posted: 07 December 2022

The insurance industry is experiencing claims inflation across many lines of business. The motor industry is no exception and motor claims are continuing to increase at a substantial rate, with an average claim now costing £5,349.¹

We've created a handy guide, in which we examine significant themes and factors influencing motor claims inflation, plus potential impacts for the insurance industry and its customers. As well as the ways we can help to mitigate them, such as:

working closely with our national Approved Repairer Network to speed up repair work
offering quick and simple digital claims reporting via Allianz Claims Hub
using green parts to speed up the repair process where delays for new parts persist, this is a more sustainable and cost effective solution.

read our guide

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Press release

Repairing the skills gap

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1. WTW. UK motor claims inflation on the rise with added pressure from delayed injury settlements - WTW (wtwco.com) - UK motor claims inflation on the rise with added pressure from delayed injury settlements - WTW (wtwco.com)