MIB News & Analysis
2 articles
Market Mood
E-bike Injury Payouts Surpass £110M, Raising Insurance Premiums
The total cost of damages for e-scooter and e-bike injuries in the UK has exceeded £110 million, with the highest individual claim reaching £20 million. This increase in compensation has resulted in higher premiums for drivers to cover insurers' costs. In the last year alone, payouts rose from £51 million to £110 million. The Motor Insurers Bureau (MIB) reports a record 168 claims in 2025, emphasizing the growing concern over safety and regulation of micromobility vehicles. This trend impacts ordinary investors as it indicates rising costs in the insurance sector and potential regulatory changes affecting the market.
Read More: E-bike Injury Payouts Surpass £110M, Raising Insurance Premiums
UK Seizes 160,000 Uninsured Cars in 2022 - Highest in 17 Years
In 2022, nearly 160,000 uninsured cars were seized on UK roads, the highest number in 17 years. The Motor Insurers' Bureau (MIB) attributes the rise, nearly 20% since 2017, to the cost of insurance. With an estimated 300,000 cars driven uninsured daily, the economic impact is around £1 billion annually. Hot spots for uninsured drivers include several Birmingham postcodes, indicating localized enforcement challenges. Effective campaigns and operations are being conducted to increase awareness and curb this trend.
Read More: UK Seizes 160,000 Uninsured Cars in 2022 - Highest in 17 Years