UK Insurance News

The strong arm of the insurance group, Insurance Forum, representing the top UK motor insurers, have forced the Government into a U turn on its proposals to revamp prices charged for removing accident damaged and illegally or dangerously parked vehicles.
The group had threatened to take the Government to court over its new charging system, and [...]

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Insurance Consolidator Jelf has been busy acquiring brokers this week. On Tuesday the group announced the acquisition of Kent and Sussex based brokers Argyll for £9.94million.
The following day came the announcement that West Midlands broker Clarke Roxburgh would also be joining the group, for a figure of £18.3million.
The two brokers will increase the Bristol based [...]

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Insurers are bracing themselves for a deluge of claims resulting from the Heathrow Terminal 5 chaos. If you are travelling this week from T5, it is worth inspecting your travel policy as monetary limits vary depending on your insurer.
While airlines are obliged to offer refreshments after 12 hours delay the limit is just £20 per person, [...]

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The Swinton Group, currently looking to strengthen its position in the commercial market, has acquired the Kent based independent broker Lawerences, to operate under its Swinton Business division.
Lawerences, established fifty years ago, brings a gross premium income of £6million and gives Swinton an extra push in reaching its goal of exceeding £150million gross premium income [...]

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