UK Insurance News

The Association Of British Insurers (ABI) have suggested that almost one in ten insurance claims in the UK are fraudulent, adding an estimated £40 a year to the average premium.
To back up the claim, a survey by Moneysupermarket.com, found that two thirds of people would consider lying to their insurer if they had failed to [...]

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LLoyds chairman Lord Levene has warned that Europe faces a USA style compensation culture, already identified by LLoyds at the start of the year as a serious issue for the future of the business.
In his speech at the LLoyds 360 Risk Debate, Lord Levene addressed the meeting by saying:
“Ladies and gentlemen: we live in an [...]

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Small business owners are subjecting their customers staff and business to unnecessary risk says a poll commissioned by Insurantz .com.
Almost 30% of those companies surveyed admitted to not being sure exactly what was covered by their insurance policy, while 12% did not even know if they were insured or not.
New businesses appear to be the [...]

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Motorists caught using mobile telephones while driving, will get more than just a fine for breaking the law, they are also likely to end up paying more for their insurance as well.
The AA reports that seven out of eight insurers surveyed said that they would charge mobile phone offenders for their misdemeanour by increasing the [...]

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LV= would appear to be an odd choice of name for an insurance company, but they are perhaps better known as Liverpool Victoria Friendly Society.
If you are a frequent traveller or are interested in travel insurance, then it will be worthwhile to pay them a visit, as they have recently launched two new travel policies [...]

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