News

Hey Students, Don’t Fall For That `Cheap Car Insurance’ Scam

The City of London Police’s Insurance Fraud Enforcement Department (IFED) is reminding young people to remain wary of ‘ghost brokers’ as this age group continues to be a target for this type of fraud. The […]

InsureTech

Zurich Uses Sprout AI To Cut Claims Costs

Zurich cut property claims settlement times to under 24 hours with its latest state-of-the-art industry-first AI solution, insurer reveals today. During a pilot between December 2020 and February 2021, the technology created in collaboration with […]

Investment

Where Can Insurers Invest, As FTSE 250 Companies Cut Dividends?

New analysis from ETF provider GraniteShares, which offers a range of 3x short and 3x leveraged ETPs on popular UK and US stocks,  reveals that between 1st January 2020 and 24th July 2020,  a staggering 445 companies listed on […]

Business

UK Companies Suspend Dividends, Insurers & Pension Funds Affected

UK companies are cancelling dividends in the wake of Corona, which means many insurance companies who have millions invested in the stock market are going to take a haircut on the revenue generated. In turn, […]

News

Memo To Rishi Sunak: Why Are Telematics Drivers STILL Paying IPT?

insurethebox, pioneer of UK telematics insurance, is lending its voice to the chorus of concern around Insurance Premium Tax (IPT) on motor insurance. In particular, the company is concerned that new Chancellor of the Exchequer, […]

Opinion

SMMT Boss Calls For More Electric Car Incentives in UK Budget

The latest blog post from Mike Hawes, Chief Executive at the Society of Motor Manufactuers and Traders – will the Chancellor deliver more elecric car tax breaks and commit t building a charging infrastructure long […]

UK Insurance Trends

ABI Calls for IPT Cut in Budget – Stop Punishing Those Who Take Responsibility

The ABI is urging the Government to cut the rate of Insurance Premium Tax (IPT) in the forthcoming March Budget. The ABI made the same call last year but the government failed to listen, so […]