UK Insurance News

Prudential, the second largest insurer in the UK, is to expand it’s business in Vietnam into consumer finance.
Prudential has been operating its insurance business in Vietnam since 1999 and last year launched a successful personal finance division offering loans of up to $2,500. The company is now expanding that business into mortgage and credit card [...]

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The insurance arm of Norwich Union will see the loss of 1800 jobs over the next 2 years, the parent company Aviva revealed today.
Sites affected by the cuts will continue to offer services to other parts of the business and the company will maintain its 52 offices around the country.
Changing customer demands have been blamed [...]

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A recent survey by Intune, the financial arm of charity Help The Aged, reveals that insurers are getting more picky over who they will supply with travel insurance.
The company surveyed 495 travel insurance policies and found that 97% impose an age limit on travellers. A quarter of those surveyed did not provide cover for travellers [...]

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AXA is to make its ABC and Exclusive household insurance products available to customers of software solutions firm Insurecom.
ABC is a standard buildings and contents policy for the average householder. The policy benefits from a number of additional features, such as Home Assistance and Family Legal Protection.
Exclusive is designed as an all risks policy for [...]

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