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 »

Insurance News Round-up: Interesting articles from the past 30 days

September 2nd, 2016

gold carFool’s Gold: when an uninsured driver’s bling backfired

Schadenfreude is a curious word describing pleasure gained from seeing others in trouble. It’s such an uncommon British emotion that we had to borrow the word from Germany, but it’s exactly the word to describe seeing a gold Maserati being towed away by the police for not having insurance. Not only was the driver of the £90K super car uninsured, but the car was displaying L-plates suggesting a learner. Read the rest of this entry »

Nation overlooking £5 billion in easy insurance pickings

August 28th, 2016

insurance savingsThere’s a well-known saying in healthcare circles that ‘prevention is better than cure’, but could the same be applied to financial circles and what would it mean for insurance? It’s exactly the question that’s been bothering one provider and they have come to some surprising conclusions. Read the rest of this entry »

Insurance News Round-up: A month in Headlines

August 10th, 2016

pokemon goPokémon Go insurance available for unlucky gamers

Barely a month ago if you dropped ‘augmented reality’ into a conversation you’d be met with blank stares. However, since the launch of Pokémon Go it seems we can’t get enough ‘location based’ fun with Pikachu & Co. As the gaming phenomena sweeps the globe more distracted gamers glued to their phones are running the risk of serious injury. The media has reported stories of gamers being hit by cars, bitten by snakes and one unlucky ‘catcher’ even falling off a cliff. To help mitigate the risk a Russian bank is now offering accident insurance to its existing customers while trying to lure new customers by fitting branches with ‘special modules’ that attract Pokémon during office hours. Read the rest of this entry »

Everything you need to know about speed awareness courses

July 27th, 2016

speedOver the past five years the uptake of speed awareness courses has nearly doubled and last year 1.2 million drivers attended a course. Given the choice of penalty points and higher car insurance premiums; enrolling on a course is a ‘no brainer’ for many motorists, but it is important to know exactly what you’re signing-up for: Read the rest of this entry »