Ogden Rate 2024: Past lessons and future strategies

Recorded on Tuesday 23rd July 2024

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When the Ogden rate dropped back in 2017, it had significant long-term consequences. Since 2019, the rate has sat at a slightly more reasonable position, but now we’re gearing up for yet another change.

The next review is due to commence by 15 July, with the possibility of a whole new dual structure being considered.

Join us on 23rd July, for our Ogden webinar special, Ogden Rate 2024: Past lessons and future strategies.

Our panel of experts will be unpacking past market reactions and exploring the potential impact of a new rate on the UK motor insurance sector.

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What's in store?

  • Looking back: Take a retrospective look at the ripple effects of the 2017 and 2019 rate changes.
  • Current insights: Explore the nuances of the ongoing Ogden review, including the dual rate consideration, and their potential impact on the industry.
  • Future forecast: Explore the potential long-term implications for insurers and the broader industry.

 

Equip your business with the insights needed to navigate an evolving and volatile market. 

Secure your place today.

Ian Hughes

Ian Hughes

CEO at Consumer Intelligence

Ian has made it his life’s work to help companies understand how to improve their world by helping them better understand their customers.

In 2003, he launched Consumer Intelligence, a data analytics company that helps businesses fixate on executing great customer strategies, which now operates in 9 countries globally. Ian is a Fellow of the Institute of Direct Marketing, a Best Business Awards judge and an I Love Claims Board member. He is a graduate of Harvard Business School.

 

Max Thompson

Max Thompson

Insurance Insights Manager at Consumer Intelligence

Max has over 10 years’ insurance industry experience, having held roles across life and general insurance. Committed to professional development, he completed the CII’s Advanced Diploma in Insurance in 2017. As Insurance Insight Manager, Max’s expert analysis and storytelling provides high quality insight to help insurers see the world through the eyes of their customers.

Tim Stout

Tim Stout

Head of Innovation at Consumer Intelligence

Throughout his career, Tim has worked closely with and for several major UK household names like RAC, Aviva, VW, Microsoft, Tesco and many more; Helping them to maximise sales opportunities and deliver great customer outcomes. Tim is commercially focused and technically apt and following a number of years leading sales teams in a variety of sectors, Tim is currently spearheading the Consumer Intelligence Incubation function, a new team solely focussed on delivering new and innovative solutions for clients.

Scarlett Scott-Collins

Scarlett Scott-Collins

Marketing Manager at Consumer Intelligence

Scarlett is our webinar chair.
               
Scarlett began her career in Marketing ten years ago, and has since worked in various roles across B2B organisations. She joined the Consumer Intelligence team in 2020, and brought with her a desire for creating imaginative and original content to support business aspirations.

Scarlett has degrees in Business, and Leadership & Management, and is passionate about using her creative skillset to capture the attention of those active in the insurance industry.