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LV= Launches Pay Monthly Car Insurance, As Market Pivots on Its Axis

4 August 2020 alastair walker 0

For decades the UK car insurance market has been dominated by two products, TPF&T and Fully Comp, paid annually, with legal expenses and breakdown bolted on. Now all that has been turned on its head […]

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News

LV= Ponders Possible Sale of Life & Pensions Division

15 June 2020 alastair walker 0

Here’s the latest from LV= who are reportedly looking to sell their Life and Pensions division. “The board of Liverpool Victoria Financial Services Limited (“LV=”) notes the recent press speculation regarding a possible transaction in […]

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InsureTech

`Alexa, Find Me The Cheapest Car Insurance,’ Is On Its Way

4 June 2020 alastair walker 0

LV= General Insurance’s voice skill for Amazon Alexa and Google Home Assistant has passed 1000 questions successfully answered, with a number of these relating to the impact of Covid-19. Since its launch in January of […]

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Allianz Trading Statement for Jan-Mar 2020

12 May 2020 alastair walker 0

Allianz has issued a trading update on the opening quarter of 2020. Here are some highlights for you; Allianz Commercial lines book grew by 7% in Q1, with a particularly strong performance in the Motor […]

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Insurance Brokers

LV= Paid Out on 94% on Life/Critical & Income Protection Claims in 2019

29 April 2020 alastair walker 0

New stats from the LV= Press Office reveal that protection specialist LV= paid record individual protection claims totalling £100 million during 2019. LV= supported more than 8,100 claimants and their families paying 94% of all […]

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Ireland’s Drivers To Get Car Insurance Refunds – Will UK Insurers Follow?

28 April 2020 alastair walker 3

According to Irish media outlets, some five insurers in Ireland intend to refund car drivers after Corona. AXA has stated it will pay out 33 euros each to their car insurance policyholders. The move will […]

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Legal

ACSO and ABI Statement on PI Claims During Corona Restrictions

27 April 2020 alastair walker 0

Insurers, law firms and key suppliers have agreed a statement of intent designed to maintain the personal injury claims process through the COVID-19 crisis. Travel restrictions and social distancing are likely to remain the norm […]

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News

Corona: Will You Get a Refund on Your Car Insurance? Admiral Says Yes

21 April 2020 alastair walker 0

Updated 22.04.2020 Some comment from Ageas on the issue of Coronavirus refunds on car insurance; “In these unprecedented times, we’re continuously reviewing our customer proposition to ensure we can reasonable adapt to best meet their […]

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