Personall Lines – Page 198
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Travel insurance is “too cheap” to be any use
Some policies charge too little to be able to pay out, warns Defaqto...
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Attorney general announces national anti-fraud strategy
Lord Goldsmith said the government was planning to establish a National Fraud Research Centre...
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Agreement reached on medical agency fees
Medical reporting organisations and insurers have reached an agreement that should put an end to disagreements about the recoverability of medial agency fees...
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NU targets top 10 with HSBC venture
HSBC Bank and Aviva have announced plans for the creation of a joint venture, under the "HSBC Insurance" brand, that aims to be a top-10 player in the UK general insurance industry. Under the terms of the planned joint venture, HSBC Bank and Norwich Union Insurance, the UK general ...
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Insurers must invest in fraud detection technology
Aron Thompson, head of insurance at uSwitch.com, has urged insurers to invest heavily in new technology to investigate fraud effectively...
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Provident sells motor business for £170m
Provident Financial has confirmed the sale of its motor insurance business to a subsidiary of GMAC Insurance...
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C-Zone
PPI for the expert
Payment protection insurance has received much unwanted publicity recently, mainly because of confusion over what it covers. Steve Dutton details the covers provided
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News
DRI data recovery launch
The DRI Group has launched an insurance-backed data recovery package for desktop computer and laptop users with two further products out before the summer.The company claims the product, underwritten by AXA, is the first of its kind. DRI Group said it was aimed at the commercial and personal lines markets. ...
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Emerging risks impeding business development says Lloyd's
Increased concerns at board level regarding terrorism and political violence risk is causing businesses to avoid investing in politically sensitive areas or locating offices in large cities, according to Lloyd's.In a new report Lloyd's reveals that over a third of companies avoid investing in overseas markets for fear of political ...
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FSA sets further deadline for TCF
The FSA has reported an increase in commitment by senior management to the principle of Treating Customers Fairly but warned firms who have failed to engage that they face tough action...
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Burgess: PPI market investigation too slow
The Competition Commission is standing by and letting millions of cash-strapped consumers waste money on inflated Payment Protection Insurance premiums...
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Assurant launches in Irish insurance market
Assurant Solutions has entered the Irish insurance market...
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Over 1,500 properties damaged by Kent earthquake
Biba warns SMEs to implement business plans after freak earthquake hits Kent
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Archive
Higos announces West Country expansion
Higos insurance services, of Wells, have bought Mike Deverell insurance services, also based in Somerset. Managing director Mike Deverell commented: “I am pleased we have secured the continuity of service and products by joining Higos. Their high standard of customer care was a primary reason for my decision to join ...
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News Analysis
Cutting a swathe through legal costs
The DCA has proposed far-reaching reforms of the personal injury system, but while generally welcomed critics want more detail. Katy Dowell reports
