Insurers pay record £9.9bn in UK motor claims over 2023

UK insurers paid a record £9.9bn in motor claims last year, as inflation and a sharp increase in vehicle repair costs saw payouts jump more than 18 percent year on year, according to the Association of British Insurers.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com