CII Certificate in Insurance IF5 Practice Test 2026 – Complete Motor Insurance Exam Prep

The most pertinent factors for assessing a fleet's claims history are claims figures breakdown and premium changes. Analyzing the breakdown of claims figures provides insights into the types and causes of claims, allowing for a deeper understanding of risk exposure, accident trends, and potential areas for improvement in safety or driver training. This detailed assessment helps fleet managers identify specific patterns in claims that can inform risk management strategies.

Furthermore, examining premium changes alongside claims history is crucial as it reflects how underwriting and risk assessments are influenced by past claims. If a fleet experiences a rise in claims, it could lead to increased premiums in the future, and understanding the relationship between claims and premium adjustments is vital for budgeting and financial planning.

The other options, while relevant, do not provide as comprehensive a view of the claims history in relation to risk management and financial implications. For instance, while the number of accidents and the number of vehicles give context, they do not necessarily indicate the severity or impact of those incidents. Similarly, frequency of use and vehicle age can influence claims but do not directly analyze the financial and operational consequences of the claims themselves. Lastly, the value of claims filed and driver training programs touch upon important elements but again do not encompass the broader picture compared to claims breakdown and premium changes