News

Broker: LV= Adviser Survey Reveals Equity Release is Becoming the Norm

As governments of all political hues seem keen to bounce the State pension/retirement age further down the line, to aged 70 or beyond perhaps, there’s no doubt that many property owners will face the prospect […]

News

Is Cyber Insurance Worth It? ABI Reveals 99% of 2018 Claims Were Paid

The Association of British Insurers has, for the first time, revealed that 99% of claims made (207) on ABI-member cyber insurance policies in 2018 were paid. This is one of the highest claims acceptance rates […]

InsureTech

Survey Reveals That 45% of UK Insurance Customers Now Buy Online

Everyone in the UK insurance industry knows that we are working in an increasingly online world, but how rapidly is the shift from call centre policy sales to smartphone app inception happening? Well ACORD say […]

Insurance claims

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

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 claims

Mactavish Say 45% of Complex Commercial Claims May Not Be Accepted

Mactavish, the UK’s leading expert on insurance governance, warns that the Boards of many UK corporates do not have an adequate understanding of the limitations and conditions of their insurance policies, and face a significant […]