Insurance Industry News

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504
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Salmon talks to RBS

Salmond to talk to RBS After RBS announced the loss of over 2,500 jobs, Alex Salmond is to hold talks with the banking giant.  2,000 of the losses are expected in the insurance sector with ... more

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486
Views

RSA Increase in UK Sales

RSA Increase in UK Sales Boosted by rising car insurance rates, RSA has managed to exceed city expectations in relation to income generated in the first quarter of 2010. The £2b... more

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541
Views

Mobile Phone Insurance Fraud

£4 million Mobile Phone Insurance Scam Four people are being questioned by police over their role in a mobile phone insurance scam which has reportedly netted £4 million. Police in ... more

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1145
Views

RBS Insurance Losses

RBS Insurance Losses As reported in the Financial Times, the recent release of the annual RBS Group results revealed a significant loss in the insurance business that is made of up of three... more

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554
Views

Subsidence Cover UK Property

By clicking the above banner you will be taken to the Woodstock/Endsleigh quote page.   Subsidence Cover for UK Property The Guardian have been reporting on the issue of home insurance ... more

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528
Views

90% No Claims Discount

New AXA Insurance Scheme Offers 90% No Claims Discount A new car insurance scheme from AXA is offering UK consumers a 90% discount for 8 claim free years of driving, thisismo... more

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417
Views

Insurance Renewal Switching Increasing

Insurance Renewal Switching Increasing Insurance clients are the most likely to switch providers year on year, new research from Professor Stone of Oxford Brookes suggests. In the last twenty four m... more

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410
Views

Legal Expenses Warning for UK Landlords

Legal Expenses Warning for UK Landlords Aviva, a significant insurer of UK landlords, has warned that property investors need adequate protection for the event of squatters occupying proper... more

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440
Views

Winter Protection for Landlords

Winter Protection for Landlords HomeLet are warning landlords of the dangers of inadequate insurance during the current arctic conditions. Freezing water in pipes and he... more

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465
Views

New Years Day Home Insurance Claims

Hike in Home Cover Claims on New Years Day HSBC have reported that home insurance claims rise by a staggering 165% on New Years Day, perhaps attributable to accidental damage and loss ... more

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436
Views

Reinsurance has Learned, Market Shows First Signs of Hardening

Reinsurance has Learned, Market Shows First Signs of Hardening The reinsurance market has pictured its first signs of strengthening. Due to the fact that most US insurance carriers are well capitali... more

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435
Views

Retailers are Warned by Alliance About Risks of Fraud

Retailers are Warned by Alliance About Risks of Fraud Alliance sales director warns of the dangers for businesses against retail crime.   Alliance corporate risk management has warned bus... more

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538
Views

Oprah settles battle against insurance company

Harpo – Oprah Winfrey’s production company, settled its dispute with US insurance firm Mutual of Omaha over the use of the phrase “aha moment”. Oprah often uses the phrase on ... more

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421
Views

Hurricane Claims May be Rejected on Yacht Insurance Policies

Hurricane Claims May be Rejected on Yacht Insurance Policies To make sure boat owners are covered experts state people must correspond to all the requirements which are stated in their policy. Under... more

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704
Views

Admiral Creates Jobs

Admiral Creates Swansea Jobs Admiral have announced the creation of 87 insurance jobs in Swansea as part of a concerted recruitment drive.  The staff will be taken on in the next 3 months as the... more

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500
Views

One in Ten of Britains Drivers Uninsured

One in Ten of Britains Drivers Uninsured The MIB (Motor Insurers Bureau) has reported that an estimated 1.7million drivers are on Britains roads uninsured. Their report highlights, unsurprisingly, t... more

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666
Views

Tesco Deal Creates 1500 Jobs

Tesco Deal Creates 1500 Jobs The new partnership providing motor and home insurance between Fortis and Tesco is set to create 1500 jobs.  The deal which is initially set to run for 6 years ... more

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570
Views

Kwik Fit Launches TeaLeaf

Kwik Fit Launches TeaLeaf Kwik Fit the leading Scottish based UK insurance broker has rolled out Tealeaf technology across it's website.  The technology allows Kwik Fit to better understand... more

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466
Views

PI for Accountants Remains Static

PI Costs for Accountants Remain Static A major professional indemnity insurance provider in the UK has been reporting that despite the recent increase in insolvencies. Marsh have repo... more

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500
Views

Admiral Profits Report

Admiral Report Record Profits Welsh based isnurance group, Admiral, have reported record pre tax profits in excess of £105million in the six months to the end of June. The profits are a result... more

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522
Views

Anti Drug Driving Campaign Launches

Anti Drug Driving Campaign Launches TV advertisements targetting potential drug drivers are being launched in England and Wales in a multi million pound government campaign.  The theme of the ca... more

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488
Views

Halifax not Paying Flood Claim

Halifax not Paying Flood Claim for Ex Pilot Halifax are not paying the flood claim of an ex pilot on Teeside following recent extreme weather and flsh floods, the Teeside Mercury reports. People wer... more

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663
Views

Jewellery Claims on Increase

Jewellery Claims on Increase A major handler of jewellery insurance claims, The Jewellery Replacement Company, has increased the resources in it's claims department following a marked increase in cla... more

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482
Views

Car Sales Up In July

Motor Industry Sales Up in July In excellent news for motor traders, July automotive sales rose 2% year on year, the first increase in 2009.  New car registrations exceeded 150,000 showing very ... more

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507
Views

E coli Chip Shop Poor Cleanliness Levels

E coli Chip Shop Poor Cleanliness Levels The chip shop linked to a potential E coli outbreak in Wales has been inspected by Wrexham Council and found to be non compliant with many food regulations. ... more

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664
Views

Jailed for Insurance Fraud Money Laundering

Jailed for Insurance Fraud Money Laundering Sheffield Crown Court have jailed a local man for his relatively minor role in an insurance fraud which effected Norwich Union (now Aviva) customers. Mr P... more

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488
Views

AIG Rebranding Parts of Operations

AIG Rebranding Parts of Operations The commercial and international insurance business of AIG is to be rebranded and operated under a new AIG group business called Chartis.  Chart... more

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472
Views

Overseas Property Owners Selling Up

Overseas Property Owners Selling Up French property prices have been following similar trends to British prices, which is to say that in recent years, they have tumbled.  The reasons for the sha... more

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698
Views

UK Travel Insurance Still Important

UK Travel Insurance Still Important Sainsbury's are serving to remind customers that travel insurance for UK based trips can be just as important as insurance for those travelling overseas.... more

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586
Views

Over 50 Pubs Close Per Week

Over 50 Pubs Closing Each Week The BBC has reported that over 50 UK pubs are closing each week.  This is a sizeable increase in the rate of decline over a year ago.  The figures h... more

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505
Views

Travel Insurance and Swine Flu

Travel Insurance and Swine Flu If you are planning to travel, you should be concerned about the effect that swine flu could have on your holiday planning.  As the virus spreads at an increasing ... more

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486
Views

French Security Advisers Somalian Kidnap

French Security Consultants - Somalian Kidnap Earlier this week, two French security consultants were kidnapped in Somalia by groups with links to Al Qaeda.  The men are reported to have been sp... more

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528
Views

Protecting your Business and Employees from Swine Flu

How to Protect Your Office, Business and Employees from Swine Flu The Guardian has been reporting that Swine Flu cases in Britain have risen by 50% in a single week as the expected rapid penetration ... more

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539
Views

Kwik Fit in Expansion Plans

Kwik Fit in Expansion and Acquisition Plans Kwik Fit has plans for significant growth in the coming five years including plans to start underwriting their own policies within twelve months.  Par... more

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529
Views

UK wasting millions on expensive home insurance

UK Wasting Milllions on Expensive Insurance People who do not shop around when their insurance renewals are due are losing out on substantial savings, Your Money are reporting.  Clients who... more

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534
Views

Nomura to Cause a £224m Insurance Payout

Nomura to Cause a £224m Insurance Payout Nomura, a leading Japanese investment bank, currently taking over 300,000 square feet of space at Canary Wharf are considering moving operations to... more

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729
Views

Top Gear Fronting Advice

Top Gear - Young Drivers and Fronting Top Gears Sunday programme highlighted the issues younger drivers have in finding affordable insurance.  In doing so, they have upset a number of brokers an... more

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861
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Flood Cover Update

Flood Cover Update - End June 2009 Government Grants - Flood Protection Scheme The government have announced that twenty five local authorities will benefit from the first round of grants from the f... more

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678
Views

Bradford Hotspot for Car Insurance Fraud

Bradford has been labeled as a hotspot for car insurance crime according to Insurance Times Magazine. Studies have shown an increase in organised crime syndicates targeting honest people and causing ... more

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798
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The Stig Is Revealed As... Michael Schumacher

  Michael Schumacher has revealed himself as Top Gear's The Stig. For many years, viewers have only seen the mysterious driver dressed in white racing kit - with only obscure clue as to his r... more

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