payout

Insurers Must Respond to Storm Delays, With Automated Payouts & Assistance

13 February 2020 // 0 Comments

As airlines and ferry companies are far more likely to cancel services now during spells of bad weather, it pays for insurers and brokers to offer exact definitions of what [...]

Huge Costs to Insurers & Economy, As Australian Fires Continue to Spread

4 January 2020 // 0 Comments

Insurance companies and other businesses are counting the cost of the Australian bushfires, with thousands of claims already in, and many more expected. It is one of the [...]

YouGov Survey Finds Most Brits Believe Insurers Dodge Paying on Claims

16 September 2019 // 0 Comments

New YouGov research shows that when it comes to public perception of the insurance industry, the majority of Brits have a negative view. Currently, most Brits hold at least [...]

Hurricane Dorian: RMS Estimate Potential Costs of $6.5bn

10 September 2019 // 0 Comments

RMS, a leading global risk modeling and analytics firm, has estimated that insured losses to the Caribbean from Hurricane Dorian will be between $3.5 and $6.5 billion. This [...]

CoverGenius Survey Reveals Consumers Waiting 10 Weeks for Claims Pay-Outs

29 May 2019 // 0 Comments

The whole point of insurance is that it kicks in when something goes wrong, and you get your car fixed, your stuff replaced, or a tidy sum to get some new stuff. Naturally, [...]

Claims Update: Scottish Widows Pays Out on 99% of Life, 94% on Critical Illness

3 April 2019 // 0 Comments

Last year, 99.3% of life claims and 94.1% of critical illness claims were paid out by Scottish Widows, according to the insurer’s latest claims statistics. This represents [...]

UK Companies Struggling with Debt Are Making More Insurance Claims

22 March 2019 // 0 Comments

Insurance payouts that provide a lifeline to help businesses struggling to cope with bad debts are at their highest level since 2009, with the equivalent of 50 new claims [...]

PolicyBee Picks Up Feefo Customer Review Award for 5th Year Running

12 February 2019 // 0 Comments

A leading Suffolk-based insurance broker is celebrating being recognised for providing a trusted service. PolicyBee, based at Brightwell Barns in Ipswich, has been awarded [...]