InsureTech

Direct Line Valuation Issue is An Opportunity To Embrace Open Data

Last month Direct Line were in the mainstream media firing line, as the FCA ordered them to review their last five years of motor claims settlements. The issue was specifically one of valuations of vehicles […]

van insurance news

Average Van Theft Costs Traders £4,300

New research from Direct Line business insurance reveals 22 per cent of tradespeople report having tools stolen from their van in the last 12 months. It is unsurprising therefore that 87 per cent of tradespeople say they feel […]

News

Superscript Launches New Line Slip Product For Crypto Miners

Superscript announces that it has organised the first Lloyd’s of London-backed line slip to increase the accessibility of property insurance for crypto-miners. The line slip combines capacities from a panel of leading Lloyd’s of London […]

Motor Insurance

Drive Fuze Partnership Deal Launched by Churchill Expert

As many cities around the world look set to impose ULEZ/CAZ taxes or place LTN obstacles in the way of drivers, the subscription model could well expand as car ownership becomes an expensive proposition in […]

News

Small Traders Chasing 7K in Late Payments on Average

New research from Direct Line business insurance reveals tradespeople are currently owed on average £6,984 which is past the due date for payment. Late payments are a longstanding issue and many tradespeople have had to […]

Motor Insurance

Tougher Times Ahead For Car Insurers, Says Bloomberg

Some insights into the Motor insurance sector from Bloomberg – are they right to predict tougher times ahead and thinner margins? Direct Line’s new quota-share reinsurance arrangement announced to boost solvency by 6% and the […]