Insurance Regulation

FCA Wants Definitive Judgement on Business Interruption Cover Issue

The Financial Conduct Authority (FCA) has today announced it intends to seek legal clarity on business interruption (BI) insurance to resolve doubt for businesses who are facing uncertainty on their claims. The move comes after an […]

Legal

Opinion: Business Interruption Claims Could Damage Insurers Reputation

As has been well reported over the last month or so, the insurance industry is under fire for failing to pay business interruption claims, as noted by Jonathan Compton, partner at law firm DMH Stallard. […]

Life/Health/Critical illness

Corona: Will Virtual PMI GP Appointments Become the New Normal?

ActiveQuote, the UK’s leading protection insurance comparison website and broker, has seen a sharp rise in the number of people with Private Medical Insurance (PMI) accessing virtual GP services in recent weeks. The number looking […]

News

Tracker Warns On Rise in Vehicle Thefts, as Parts Shortage Spikes Demand

Tracker, the stolen vehicle recovery expert, is warning motorists against opportunistic criminals looking to steal cars to fill the replacement parts gap, caused by the shutting down of manufacturer supply chains. Police across the country […]

Insurance Brokers

Corona; Govt Business Loan Scheme Could Provide Acquisition Funds

This could be good news for brokers or MGAs, depending on their individual circumstances of course; The UK government has launched the Coronavirus Business Interruption Loan Scheme (CBILS) as it looks to help UK SMEs […]

News

Corona: Business Interruption Insurance, Latest Statement from ABI

IE Note: There is a huge wave of criticism against the UK insurance industry right now, after many people learned that they would not be covered by their business insurance policies, following the Corona Virus […]

InsureTech

Cyber: Will The Virgin Media Data Breach Cost The Company a GDPR Fine?

About one million Virgin Media customer data records were left insecure online, meaning almost anyone could access them for 10 months, report the BBC and other mainstream media today. Although card details and bank account […]