News

Ransomware Attacks on The Rise, Says New Research By Beazley

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 team Beazley Breach Response (BBR) Services. While […]

Motor Insurance

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

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 and people increasingly take to their […]

News

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

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 will be means tested; you have […]

Business

UK Companies Suspend Dividends, Insurers & Pension Funds Affected

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 on the revenue generated. In turn, […]

News

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

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 individuals affected by Covid-19. This covers payments on business […]