Cars: Insurance
The question
To ask the Secretary of State for Transport, what progress the car insurance taskforce has made on its work; and when he expects it to report.
Answered by Lilian Greenwood
The Government is committed to tackling the high costs of motor insurance. The cross-government motor insurance taskforce, launched in October 2024, has been comprised of ministers from relevant government departments, the Financial Conduct Authority and Competition and Markets Authority. It has been supported by a separate stakeholder panel of industry experts representing the insurance, motor, and consumer sectors.
This taskforce had the strategic remit to set the direction for UK Government policy, identifying short and long-term actions for departments that may contribute to stabilising or reducing premiums.
The taskforce’s final report is intended to be published shortly.
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