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, you’d like […]
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 7,908 and 1,591 claims respectively – an increase […]
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 made every day, according to new […]
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 Feefo’s Gold Trusted Service Award for the fifth year in a […]
Insurer Zurich, announces that it paid 97% of all protection claims in the first half of 2018. Payments of over £116.8m benefited over 1,500 retail customers with Life, Critical Illness and Income Protection policies. Critical […]
Most car and van policies exclude damages or claims arising as a result of terror attacks. But now things are changing, as the UK insurance industry accepts vehicles may be used as weapons, and so […]
Etherisc, the global, decentralized insurance platform for collectively building insurance products, has today announced its support for the first blockchain-enabled insurance product to combat catastrophic weather events in Puerto Rico. The hurricane insurance policy on […]
Figures show a £30m increase on 2016, with an average of £1.74m paid to customers every day in 2017 Legal & General paid £209m in Critical Illness claims in 2017, up £28m on 2016 £112m […]
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