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FCA Reveals More CryptoAsset Buying – Is It Time Insurers & MGAs Got Stuck In?

1 July 2020 // 0 Comments

An estimated 2.6 million UK consumers have bought cryptoassets at some point, new FCA research reveals. As UK banks continue to offer abysmal interest rates and the stock [...]

Ransomware Attacks on The Rise, Says New Research By Beazley

11 June 2020 // 0 Comments

Specialist insurer Beazley has reported a 25% spike in ransomware attacks in the first quarter of 2020 versus Q4 2019, based on incidents reported to in-house breach response [...]

Kwik-Fit Warns on MoT Extension – Are More Dangerous Cars on The Roads?

22 May 2020 // 0 Comments

New research by the nation’s largest MOT tester reveals that almost 1.1 million unroadworthy vehicles are set to return to the UK’s streets as the lockdown begins to ease [...]

LV= Offers Car Insurance Refunds, But Not Every Policyholder Qualifies

2 May 2020 // 0 Comments

LV= has bowed to consumer pressurer and announce that it will be offering partial refunds to car insurance policyholders, up to £50. However, the catch is that any refund [...]

Classic Car Insurance: How Do You Value a Bond Car? Bid Me

1 May 2020 // 0 Comments

Where would you be in offering an agreed valuation this Land Rover, as featured in Spectre? It’s a tricky one, because of course not all Bond cars are equal. An Aston [...]

Got a £25 Refund From Admiral? Ideas on How To Spend That Swag

29 April 2020 // 0 Comments

Last week (Tuesday 21st April 2020) Admiral announced that they will be giving their customers a £25 refund due to limited to no use of their motor vehicle over the lockdown [...]

UK Companies Suspend Dividends, Insurers & Pension Funds Affected

29 April 2020 // 0 Comments

UK companies are cancelling dividends in the wake of Corona, which means many insurance companies who have millions invested in the stock market are going to take a haircut [...]

UK Insurers Set to Pay Out £1.2 Billion in Corona Related Claims

25 April 2020 // 0 Comments

Initial estimates from the ABI (Association of British Insurers) indicate that its members expect to pay out over £1.2 billion in claims to support businesses and [...]