Market feedback has revealed that micro businesses of less than 10 staff could fall victim to buying commercial covers with a personal lines mindset, risking underinsurance and coverage gaps – how can the sector mitigate this?
‘Our study has clearly shown the importance of the London company market to the financial services sector and wider UK economy,’ says director of communications
GIPP regulations are driving down the number of people switching provider when their motor insurance comes up for renewal, so what factors other than price can insurers use to differentiate their service?
The latest General Insurance Price Index from Pearson Ham Group has been released
‘The property and casualty insurance market will remain challenging, with many business lines seeing rates decline due to plentiful capacity and robust competition,’ says analyst
‘It’s unfair that someone can go and get a pedicab and yet a taxi driver that has got a lot of insurance is paying several thousand pounds,’ says director
‘High uphold rates can be far more damaging to trust than sheer volume alone and, as this FOS data shows, some insurers still have work to do,’ says co-founder
‘A total loss can be financially devastating for most drivers – comprehensive insurance often isn’t enough to cover the cost of replacing a vehicle,’ says operations manager
‘The advanced technology involved with automatic cars, from complex gearboxes to integrated electronics, makes them more expensive to repair or replace after an accident,’ says chief executive
‘This confusion isn’t academic, it has real consequences for millions of Britons purchasing travel and health insurance,’ says chief executive
’We look forward to building a long and profitable relationship and supporting brokers with general insurance on all of their finance journeys,’ says head
’We remain solidly committed to insurance brokers trading in personal lines,’ says head