Minster Law has reported a £1.9m profit for 2018 (2017: -£2.6M) on turnover of £35.1m (2017: £36.0m) in its annual report and accounts. CEO Shirley Woolham said the result was a “tremendous achievement in tough […]
Christopher Woolard, Executive Director of Strategy and Competition at the FCA, commented: “Before the CMA published its supercomplaint response last year, we had already begun work in the mortgages, cash savings and general insurance markets. […]
Long ago Britain was a nation of savers, with a Building Society on every High Street, special savings accounts at banks, Post Offices and millions of people used to join Christmas Clubs, so that they […]
Insurance giant Zurich has just posted its latest financials, with a healthy increase in operating profits and a round of cost savings also showing a good impact on the bottom line. There was a strong […]
Global pioneer of telematics based car insurance, insurethebox, has welcomed the recent EU law requiring cars to be fitted with an e-call button that alerts emergency services in the event of an accident. However, eCall will […]
After blazing a trail with Insure The Box, Mike Brockman (pictured on the right) is looking to turn the telematics business model on its head with new venture ThingCo. Insurance Edge caught up with Mike […]
Telematics is rapidly changing from being a basic black box tracking device, to something altogether more versatile. The extra functions that new AI-powered tech offers is also broadening the appeal of the black box from […]
The rise of “Crash for Cash” scams has been a growing problem over the past few years. Criminals orchestrating accidents, in order to fraudulently claim, cost the car insurance industry £336 million pounds each year, […]
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