Insurance News Round-up: A Month in Headlines

May 8th, 2017

How selfies are helping life insurance providers

It’s often said that your life story is written across your face and modern technology can now read your narrative. An American company has developed software named Chronos which can study a selfie to unpick your past and predict your future. The software analyses everything from sinking eyelids to crow’s feet to predict life expectancy. It’s already being tested by a number of life insurance companies as a way to help arrange cover without having a medical examination. Love the idea or hate it; the future’s just around the corner.
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Insurance News Round-up: 30 days in the headlines

April 7th, 2017

Time wasted in traffic

As a small island with a growing population of motorists; it’s hardly surprising that our roads are getting clogged-up. Set out on a journey and you can expect to spend some time idle behind the wheel, but just how much time you spend stuck in traffic may be surprising. A recent report has revealed that we’ve got the third most congested road network in Europe (after Turkey and Russia) and the average motorist wasted 32 hours every year twiddling their thumbs in traffic. The fuel and time wasted is estimated to cost the economy £30billion a year, not to mention the toll traffic takes on your nerves. Read the rest of this entry »

Interesting Insurance Headlines from the past 30 days

March 10th, 2017

What’s the real cost of being a commuter?

In the not too distant past the average commuter just carried a briefcase full of papers and perhaps an umbrella to work. However, today’s commuters are weighed down with tech and personal possessions that add-up to a staggering £1,815. Eight out of ten commuters carry a smartphone and four out of ten carry a laptop with a combined total of £632. Read the rest of this entry »

Insurance News Round-up: The last 30 days in the headlines

February 13th, 2017

A quarter of motorists don’t slow down on slippery roads

After a succession of cold snaps it appears that a quarter of the country is suffering from brain freeze. A survey into winter driving habits has revealed that one in four motorists don’t change the way they drive to suit the weather conditions, and that includes slowing down on icy roads. The surprise findings showed the same percentage of motorists risked invalidating their insurance by leaving their car unattended with the keys in the ignition to warm-up. Even more worrying were the 50% of motorists happy to set off without defrosting the passenger side window. With more cold weather to come motorists are being urged to heed the Highway Code. Read the rest of this entry »

News Round-up: 30 Days in insurance news headlines

January 10th, 2017

Are EU joking? Golf carts, dodgem cars and quad bikes could need insurance

The Department of Transport are consulting on a new European Union directive that may require all vehicles, including any used privately, to have full insurance. The legal changes could affect a wide range of vehicles from: electric bikes and mobility scooters to dodgem cars and quad bikes. The Foreign Secretary Boris Johnson branded the looming changes as “insane” and an example of “undemocratic law‑making” by the EU. Whatever side of the Brexit fence you sit on; the directive could have costly consequences as the UK is legally bound to abide by European legislation while still part of the Union. Read the rest of this entry »

Insurance News Round-up: EXTRA EDITION

December 21st, 2016

santaIt’s been a busy month for news and with so many interesting stories hitting the headlines we have decided to publish another round-up, packed with plenty of seasonal cheer.

 

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November Insurance News: A month in headlines

December 9th, 2016

frosting-2Car thieves are working overtime in the cold snap

As temperatures plummet due to an icy blast from the Arctic motorists are being warned not to leave their vehicles unattended with the engine running when ‘warming-up’ in the morning. Opportunist thieves take advantage of the big freeze in a practice nicknamed ‘frosting’ where they simply help themselves to unattended cars complete with keys. Not only are insurers unlikely to pay out if your vehicle is stolen, but you’re also breaking the law. Much better to invest in a can of de-icer and a windscreen scraper. Read the rest of this entry »

Government clampdown on whiplash fraud could cut insurance by £40.00

November 23rd, 2016

possible-whiplashMillions of motorists can look forward to cheaper car insurance premiums thanks to new government plans to cut bogus compensation claims. The UK has become known as ‘the whiplash capital of the world’ and it’s a nickname that the government and the insurance industry are keen shake off.

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Insurance News Round-Up: October’s Hottest Headlines

November 11th, 2016

holiday-packingHome from home: holiday luggage unpacked

The Irish playwright George Bernard Shaw once quipped “I dislike feeling at home when I am abroad”, but many Brits can’t take a trip overseas without packing some home comforts. A report into the holiday habits of the over 50s has revealed that one in three packs teabags to ensure they get a good cuppa. Over a quarter of those questioned packed tasty treats, such as cereal and chocolate, and 3% wouldn’t leave home without a jar of marmite. Often overlooked items included travel adaptors and mobile phone chargers. Whatever you choose to take abroad; don’t forget to pack your travel insurance.

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September’s Insurance News Round-up: a month in headlines

October 10th, 2016

cadbury-imageChocolatier insures palate for a tasty £1million

Cadbury’s have put their money where their mouth is by insuring one of their chocolate experts taste buds’ for £1million. Hayleigh Curtis is part of a 300 strong innovation team dreaming up new recipes (and testing old ones) at Cadbury’s HQ in Bourneville. The policy has been arranged by Lloyds of London under the strict condition that she steers clear of red hot vindaloos, avoids dining on the potentially fatal fugu fish and doesn’t try her arm at sword swallowing. Read the rest of this entry »