UK drivers pay too much

UK motorists are paying too much for third party car insurance and would be better off choosing a fully comprehensive policy, according to new research by It says that drivers aged over 35 with cars worth less than £2,500 are paying on average between £500 and £700 for third party cover and only £400 – £500 on average for fully comprehensive cover.

First published on 4 June

Risk management key

Risk management is now seen as a key contributor to a company’s source of competitive advantage with companies putting risk managers under increasing pressure to show measurable returns on investment in this area, according to Ace European Group.

First published on 4 June

FSA guidance for insurers

The FSA is offering financial advisers, mortgage intermediaries and general insurance brokers free surgeries in Cheltenham on 17 July, Gloucester on 18 July and Swindon on 19 July.

First published on 4 June

OutRight military deal

Forces Financial, formerly NAAFI Financial, has teamed up with OutRight to offer servicemen and women car, household, motorcycle, travel and kit and contents cover.

First published on 4 June

Broker Network boost

The Broker Network has added two members, bringing the total number of member firms to 168.

First published on 1 June

Fast track travel claims

InsureandGo said it will pay travel claim settlements within hours of a claim being approved. The InsureandGo pre-paid travel card will let customers choose whether to have their settlements paid to their card or by cheque.

First published on 4 June