Global insurance trends

Canada: CARFAX Updates Vehicle History Reports

CARFAX Canada has launched a refreshed design of their Vehicle History Reports (VHRs). The new modern design makes it easier for Canadians to understand a car’s past and view the information necessary to make better […]

News

CBILS: SME Owners Are Putting Everything On The Line

The value of personal guarantee backed business loans to SMEs during the pandemic has risen on average by 45% according to analysis by Purbeck Insurance Services, provider of the UK’s only Personal Guarantee Insurance. As applications […]

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News

Survey Finds SMEs Struggling, But There Is Finance Out There

Following reports that many financial institutions have cut access to the state-backed loans, even though the scheme has been extended until the end of next November, Purbeck Insurance Services, provider of the UK’s only Personal […]

Insurance Regulation

Latest FCA Guidance on Consumer Credit/Payment Difficulties

The FCA has confirmed measures to ensure that firms provide tailored support for users of certain consumer credit and overdraft products who continue to face payment difficulties due to coronavirus (Covid-19). Many consumers getting into […]

News

Purbeck Survey Predicts SME Demand For Bounceback Loans

A new survey of commercial finance brokers supporting the UK’s small businesses suggests thousands of firms will be clamouring for business loans as the government support measures ease back.  88% of brokers surveyed expect to see […]

Insurance Regulation

FCA Proposes More Support For Mortgage Borrowers Later in 2020

The Financial Conduct Authority (FCA) has announced proposals to ensure that firms provide tailored support to mortgage borrowers who continue to face payment difficulties due to coronavirus. Recently the MSM covered the extra support offered […]

Business

Entrepreneurs Insuring Start-Up Loans, Rather Than Risking Their Houses

As Companies House data shows a rise in start-ups born during the pandemic, new figures from Purbeck Insurance Services reveal savvy entrepreneurs in the UK collectively secured £25m of funding for a new venture in the past […]