Blog - Insurance Insider

A recent survey has shown that a majority of homeowners feel apprehension over hiring tradesman to carry our repair or maintenance work on their homes. The survey found that 9 out of 10 persons approached experienced concerns over botched jobs and costly bills. Website plentific.com carried out the survey. Over half [...]

Andy Haldane, Chief Economist at the Bank of England, has stated during a recent interview with a national newspaper that although pensions should be considered by UK residents to subsidize themselves in old age, investment in property was superior. Mr. Haldane justified his viewpoint by talking further about the housing crisis [...]

Taxi insurance client's who hold policies with Enterprise Insurance Company PLC face an uncertain future after the firm announced its insolvency. With Enterprise leaving the taxi insurance market, this will leave UK taxi drivers uncertain about the future of their policies. At present a provisional liquidator has been appointed and is [...]

A new report was issued which showed a link between an increase in UK house fires due to the use of counterfeit phone chargers. The dangers of using counterfeit phone chargers are due to manufactures using second rate parts which don't meet the criteria set out under UK safety regulations. Customers [...]

The new academic year is fast approaching and many parents face the daunting prospect of their children leaving home to start their studies. During preparations for the big move to university the matter of insurance is lost in the mix. At present it has been estimated that the average student has [...]

Currently the Association of British Insurers (ABI) are pursuing a change in UK Law that will see the government make operation fire sprinkler systems compulsory in warehouses larger than 2,000m2 . According to figures released by the British Automatic Fire Sprinkler Association, less than a quarter of warehouses between 2,000 and [...]

There was once a time when holiday makers would have to wait a couple of weeks after their trip had ended, in order to have photographs to show their friends and family. Now holiday makers can take a picture via their smart phone and upload it on to a social media [...]

Currently the insurance industry utilizes telematic systems primarily for inexperienced drivers, having this technology fitted to a policyholder's vehicle reduces the person's premium. The technology has only been embraced by most UK Insurers for a few years and is very much in its infancy. At present fitting a full telematic system [...]

A recent survey of 2,000 people undertaken by Churchill Home Insurance has shown that a large amount of people may not have suitable cover in place for their valuables. It showed that expensive items like jewellery and watches may not be adequately covered under their current policies. The survey showed that [...]

Although the technology is in its infancy, it is expected that a rise in driverless cars over the next couple of decades will have a positive impact on motor insurance premiums and bring costs down. A report issued by consultancy firm Fehr & Peers estimates that 50% of traffic in the [...]