Motor & Fleet

What’s behind massive drop-off rates among telematics app users?

What’s behind massive drop-off rates among telematics app users?

Scoring is boring – here's what carriers can do better

Gia Snape Sep 01, 2023
Budget Direct Insurance issues comparison challenge with free coverage rewards

Budget Direct Insurance issues comparison challenge with free coverage rewards

If the renewal notice is cheaper, customers can get free insurance coverage

FSA to take "strict action" in the case of Bigmotor and seven involved insurers

FSA to take "strict action" in the case of Bigmotor and seven involved insurers

Entities could be suspended, face license revocation if found liable in the insurance fraud scandal

Sompo, six others ordered to report over Bigmotor insurance fraud

Sompo, six others ordered to report over Bigmotor insurance fraud

The FSA will continue to examine the relations between the car dealer and the insurers

Sompo seeking damages from Bigmotor

Sompo seeking damages from Bigmotor

The insurer will also terminate its agency contract to cover its customers

Withered trees in Bigmotor lots add new trouble to insurance fraud scandal

Withered trees in Bigmotor lots add new trouble to insurance fraud scandal

Roadside trees were allegedly being viewed by the car dealer as an obstruction to their displayed vehicles

Malaysia motor insurance sector projected to hit US$3 billion by 2027

Malaysia motor insurance sector projected to hit US$3 billion by 2027

The industry emerges following a decline between 2019 and 2021

Sompo admits failure to look into Bigmotor’s ‘suspicious activity’

Sompo admits failure to look into Bigmotor’s ‘suspicious activity’

Confronted with reports of wrongdoing, the insurer only suspended a business arrangement it had with the car dealer

Major insurers may be involved in Bigmotor insurance fraud – regulator

Major insurers may be involved in Bigmotor insurance fraud – regulator

Sompo, Mitsui Sumitomo, and Tokio Marine & Nichido Fire employees were on loan to the car dealer, a precursor for give-and-take activities

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