Global insurance trends

Without Trade Credit Insurance the Global Economy Would Basically Stop Working

We live in a global economy where you can buy a bicycle in China today and it will be assembled and shipped within 10 days. Food, spare parts, raw materials and energy supplies are traded […]

News

Hastings Direct Teams Up With Brake

The latest partnership news from Hastings Direct; Brake, the road safety charity, and Hastings Direct, a technology and data-driven insurance provider, are delighted to announce a new partnership, bringing together the shared commitment to making […]

News

UK Automotive Sector is Entering a Stressful Period

Insurers need to watch the automotive sector carefully, as the initial middle class enthusiasm for electric cars wanes and dealers are left with lots of rapidly depreciating stock. Add on anti-car legislation, ULEZ taxation/toll zones, […]

News

FOI Request Highlights Financial Squeze on SMEs

A Freedom of Information request to the British Business Bank by Purbeck Personal Guarantee Insurance, the U.K.’s only provider of personal guarantee insurance (PGI) to small business owners has uncovered the scale of debt and […]

News

Biggest Used Car Retailer in The USA Takes a Covid-19 Hit

The largest retailer of used cars in the USA recently posted some financial results, showng the impact of Covid-19; “We accomplished a lot this quarter, despite the challenges the pandemic posed,” said Bill Nash, president […]

Global insurance trends

Govt Says Companies Will Get Help on Trade Credit Insurance

Businesses with supply chains which rely on Trade Credit Insurance and who are experiencing difficulties maintaining cover due to Coronavirus will get support from the Government, ministers have announced. Trade Credit Insurance provides cover to […]

Insurance Brokers

FSCS Lists 12 Companies in Default, Inc AJ Cook Brokerage

The Financial Services Compensation Scheme (FSCS) declared 12 failed regulated firms in default during March 2020. FSCS announces these declarations regularly, to let consumers know they could get back the money they have lost as […]