News

Chancellor’s Autumn Statement 2023: Comment & Reaction

Some comments after Jeremy Hunt’s latest Autumn Statement; UK CAPTIVES CONSULTATION  Caroline Wagstaff, CEO of the LMG comments on the UK Captives Consultation; “The London Market Group is delighted by the announcement today by the […]

Insurance Regulation

Hunt Statement: More Industry Thoughts on Solvency II

The reforms of Solvency II rules seems to be popular, here’s some more reaction from IFoA; Matt Saker, IFoA President, said: “We support the government’s ambition to remove unnecessary restrictions in the use of the […]

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, […]

News

BIBA Memo to Chancellor: Freeze IPT, Exempt Telematics & More

The British Insurance Brokers’ Association (BIBA) had highlighted four areas relating to Insurance Premium Tax (IPT) which the Government and the new Chancellor should heed. The rate of IPT on most insurance policies sits at […]

Motor Insurance

Chancellor’s Statement: RAC Calls For More Road Repairs

Responding to the Chancellor’s Spring Statement which was delivered to MPs this lunchtime, RAC head of roads policy Nicholas Lyes said: “The announcement that the Chancellor will look at the possibility of reducing VED for businesses that buy […]