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Category: Insurance News

Goal Line Technology Firms Take Out Insurance Cover – Hawk-Eye And GoalRef Insure Against Legal Disputes

Goal-line technology companies have been ordered to take out insurance cover by FIFA in order to avoid being sued for failing to …

Direct Line Bosses To Pocket Post-Flotation Bonuses – Chief Exec Geddes Could Net £3m Share Incentive

Direct Line Group (DLG) bosses will be paid multi-million pound bonuses as the insurer prepares for its planned flotation, according to the …

Biba: ‘Ban Banks From Selling General Insurance’- Broker Trade Body Says Banks Should Focus On Their Own Business

Biba chief executive Eric Galbraith has called on the FSA to ban banks from selling general insurance products.

Galbraith’s strongly worded comments come …

Direct Line To Float As RBS Pulls Plug On PE Sale Talks – Reports Say Flotation Process To Begin ‘In A Matter Of Weeks’

Direct Line Group is to focus on flotation after parent bank RBS ended talks with potential private equity buyers for the insurer, …

Whiplash Fraudsters Sentenced For Bogus Crash Claims – Birmingham Duo Tried To Defraud 1st Central With False Claim For Event They Were Not Involved In

Two men who made bogus claims for whiplash injuries suffered in a road traffic collision they were not even involved in have …

Is Pet Insurance Fraud The New ‘Cash For Crash’? – Animal Owners Are Increasingly Resorting To Desperate Means To Make Ends Meet

Pet insurance has become big business. For as little as £2 a month, policyholders can cover their furry loved-ones whose bills can …

Aon Signs New Man Utd Sponsorship Deals – Aon To Sponsor Man Utd’s Business Network And Charity Arm

Aon signs new Man Utd sponsorship deals – Aon to sponsor Man Utd’s business network and charity arm

Aon has become the new …

Footballer Fined £5,000 For Driving With No Insurance Or Licence – Arsenal Striker Bendtner Has Six Points Added To Licence After Being Caught By Police

Footballer Nicklas Bendtner has been fined almost £5,000 after being caught driving without a licence and insurance, according to a report in …

Telematics Data Standards By The End Of The Year – Standards Will Not Affect Competition: Wunelli Boss

Polaris will publish a list of telematics data standards by December, according to Wunelli chairman Sandy Dunn.

Currently there is no agreed standard …

Flooding To Drive Up Commercial Property Rates – Losses Are Gathering And Ticking Up Due To Rising Claims Activity

The UK commercial property insurance line has been “performed relatively well over the past five years”, but attritional loss ratios are expected …

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