News

Personal Finance: FCA Plans to End the Unauthorised Overdraft Fees Gravy Train

The Financial Conduct Authority (FCA) has confirmed it is introducing reforms to fix a dysfunctional overdraft market. These changes will make overdrafts simpler, fairer, and easier to manage and will protect the millions of consumers […]

Global insurance trends

Global News: Marsh Report Suggests Commercial Rates Are On The Up

Marsh has released itsĀ Global Insurance Market IndexĀ for the first quarter of 2019. Key findings include: Ā·Ā Ā Ā Ā Ā Ā Ā Ā Ā Average commercial insurance prices increased 3% in Q1 2019,Ā the largest increase since the survey began in 2012. Ā·Ā Ā Ā Ā Ā Ā Ā Ā Ā Q1 2019 represents […]

InsureTech

Insurtech: Azur Joins Forces With Logical Glue on Machine Learning Project

Azur, the Managing Digital Agent, has today announced it has partnered with technology firm Logical Glue to implement algorithms that will enable better risk analysis, moving towards straight through processing on simpler risks. As a […]

Conference report

BIBA Update: Broker Insights Offers Wealth of Opportunities

BIBA’S newest associate member, Broker Insights provides regional commercial insurance brokers with new opportunities to be seen and heard by leading insurers. The Broker Insights search platform went live in October 2018 and now hosts […]

Motor Insurance

Telematics Can Reduce Road Accidents, Says Latest LexisNexis Research

New analysis of the latest UK road casualty statistics by LexisNexis Risk Solutions has begun to uncover compelling evidence that telematics insurance has played a role in cutting claims costs for insurers amongst the youngest, […]

News

Help To Buy Loans Reaching Maturity, Just as Interest Rates Set to Rise

A specialist team of conveyancing solicitors and property lawyers have extended a helping hand to homeowners facing looming interest rates by offering an expedited route to redeeming their Help to Buy loan, as thousands of […]

Insurance Brokers

Direct Line Sets Minimum Wage at 18K a Year – Will Other Insurers Follow?

The minimum wage in the UK is set to rise to Ā£7.83 per hour for employees aged 25 and over, with 21-24 year olds receiving Ā£7.38 per hour. But some companies are going beyond the […]

Motor Insurance

County Durham Has Highest Percentage of Uninsured Drivers

When you say uninsured drivers, many of us would imagine it is largely an urban problem, but the reality is that a largely rural part of North East England, County Durham, has the highest percentage […]