UK

travel insurance - passengers transit through airport

Aviva discloses how many claims it pays

Aviva apparently paid 96% of the claims it received in the United Kingdom in 2017. Data from the company’s UK claims reports indicates just...
Men working at construction site

Carillion collapse causes domino effect on trade credit claims

There has been a surge in the number of trade credit insurance claims during the first quarter of this year 2018 as tough trading...
Front entrance of the London Stock Exchange

Libor: The end is nigh – or is it

LIBOR, the London Inter-Bank Offered Rate, is on the verge of being consigned to history – or maybe not! ICE Benchmark Administration (IBA), the entity...
London car traffic crossing tower bridge at sunset

Ghost broking scam – Police warn of rise in fake car...

Thousands of UK motorists could be driving without insurance because of fraudsters known as "ghost brokers" selling fake insurance policies online, police have warned. Ghost...
George Osborne red case

BIBA calls for tax break as car premiums hit 6-year high

The British Insurance Brokers Association (BIBA) has called for a tax break for telematics-based insurance products after car premiums reached their highest levels in...
Ageas new Backmeup App

Ageas’ Back Me Up mobile-based insurance targets Millennials

Insurance giant Ageas seeks to transform how Millennials protect their gadgets and other valued possessions with the launch of Back Me Up—a Tinder-inspired mobile...
Financial Conduct Authority (FCA) offices

Towergate fined over failure to protect client money by FCA

Towergate Underwriting Group Limited (Towergate), a UK-based insurance intermediary that holds both client and insurer money, has been fined by the country’s financial watchdog...
Brexit-UK-Leaving-EU

AIG introduces Brexit Insurance

AIG is betting that it can cash in on the political and legal uncertainty created by Brexit. American International Group has added Brexit coverage...
student-loan-debt

Mounting student loans debt creating an economic risk

Each new student loan issued launches another person toward learning, self-discovery and a career. Unfortunately, each new loan also triggers what many observers warn is...
Ikea

Brand reputation – A delicate risk to manage

Giant Swedish box retailer IKEA is voluntarily recalling over 35 million dressers in North America after six children in Canada and the United States...
highway-fleet-traffic

PIB Insurance Brokers launches new telematics product

The insurance brokers PIB have launched a new telematics policy and fleet insurance product, almost immediately following their acquisition of Channel Insurance Brokers. The new...
London Mitre Street EC3

Towergate’s New Specialty Market in London

Towergate has formed a specialty underwriting division exclusively for the London Market. John Murphy and Glenn Marshall, best known for their roles at international underwriting...
ABI-Cyber-Database

ABI pushing for creation of cyber-attacks database

Building on the requirements of the new European Network Information Security Directive, the Association of British Insurers (ABI) is now calling for the creation...
PRA-Solvency-reports

Prudential Regulation Authority still worried about Solvency II

The Prudential Regulation Authority (PRA) is proposing a supervisory statement that sets out a new approach to monitoring model drift, in line with Solvency...

Most Popular

Most Read