Global insurance trends

International General Bermuda/UK Gets Upgraded Credit Rating

Rating agency AM Best has upgraded the financial strength and credit rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” from “a-” of International General Insurance Co […]

Motor Insurance

Drivers Could Save on Car Insurance with an Improved Credit Score

New research from ClearScore, the UK’s number one credit checking service, has found that 75% of drivers are unaware that their credit score is linked to their car insurance premium, despite new data showing a correlation […]

Insurance Brokers

Broker News: C&C Launches Credit Insurance for Business Customers

Stockport based C&C Insurance Brokers, one of the UK’s top 50 independent insurance brokers, have expanded the team and their product offering. Paul Jackson, who has over 16 years’ experience in Credit Insurance, broking and […]

Insurance Brokers

Credit Hire Organisation Makes Two Key Appointments

The Credit Hire Organisation (CHO), the trade body for the UK’s credit hire industry has announced two new senior hires. Peter Gomes is the new head of business, with responsibility for administering the various CHO […]

News

Brexit: Research Suggests Stockpiling is Declining – Few Believe We’re Leaving

New research reveals the rate at which UK businesses and households are stockpiling goods in preparation for Brexit has fallen, as it has adversely affected cash flows and household incomes. The findings, which are from […]

InsureTech

Start-Up News: Hokodo Secures £2m Funding from Horizon 2020

 Hokodo, the UK fintech startup, has been awarded €2m by Horizon 2020, the funding programme for research and innovation run by the European Commission.  Grants are awarded to “market-creating innovations” that demonstrate high growth prospects, […]

Insurance Regulation

Reinsurance: Clarification on Solvency II Regs for Guernsey Based Insurers

Although the UK may not ever leave the EU, at least as far as financial regulatory matters are concerned, it’s worth thinking about where your insurance company is domiciled, in the longer term. Guernsey reinsurance […]

Insurance claims

Recession Looming? Business Debt Hits Ten Year High, Says ABI

Is the UK economy heading into another recession fuelled by ballooning debt? Apart from investor and company money piling into property development, many people are also funding a lifestyle above their income by renting prestige […]