IAM backs move to crack down on uninsured drivers

The UK’s estimated two million uninsured drivers face an instant fine should the latest Government proposals go ahead. The IAM (Institute of Advanced Motorists) has backed the move, claiming it will protect the vast majority of law abiding motorists – as long as databases are reliable.
Under new proposals from the Department for Transport, using the [...]

Insurance Charities launches new website

The charity for the UK and Republic of Ireland’s insurance industry has launched a new website designed to raise awareness of its work and to provide an informative site for both beneficiaries and potential donors to use.
The Insurance Charities, established in 1902, gives vital financial and practical support to past and present employees of the [...]

Director arrested for motor claims fraud

The director of a multi million pound accident management company was arrested for conspiracy to scam UK motor insurers. 
The 23 year-old director has possibly made millions by submitting fraudulent accident claims to insurers and has covered this activity by engaging in other business activities, including involvement in numerous London-based accident management companies.
Officers from the Traffic [...]

Esure Confident of Future Stability and Success

With all the bad news in the global financial sector over recent weeks, Esure have delivered a statement re-affirming their independence and stability in the wake of the likely takeover of Halifax Bank of Scotland by Lloyds TSB.
Have a read below and give us your comments……
Peter Wood, the chairman and chief executive officer of Esure, indicated today [...]

Student Car Insurance Guide

It’s high time we brought our readers an updated guide to student car insurance. We have scoured the net to bring together all the best resources and latest information on where to find the best value deals.
A great place to start would be the National Union Students (NUS). The Union have long had a partnership with Endsleigh [...]

Altering Your Car Insurance Policy – Think Twice

Are you planning to alter or change any part of your current car insurance policy? If your answer to this question is yes, you need to read this:-
New research has indicated that drivers are being hit with fees of more than 300 million pounds a year for making changes to their car insurance policies.
The removal of a [...]

Making a Complaint Against a Car Insurance Company

If you feel aggrieved about the actions of your car insurance company or feel you have good grounds for making a complaint, there is a series of steps you can take to seek re-dress.
First and foremost it is always best to make to make your first port of call the specific car insurance provider, insurer or [...]

Insurance Word of The Week (8)

Our Eighth insurance word of the week is: Authorised Person
A person (usually a firm) that has been approved by the Financial Services Authority (FSA) to carry on one or more FSA regulated activities.
The Financial Services & Markets Act 2000 (FSMA)
FSMA is concerned with the regulation of financial services and markets in the UK . Under Section [...]

Insurance Term of the Week (2)

For our second week, we have chosen - ACCIDENTAL DEATH BENEFIT (ADB).
Definition
A supplementary life insurance policy benefit that provides a death benefit in addition to the policy’s basic death benefit if the insured’s death occurs as the result of an accident. 
Key Features

All benefits are paid in addition to any other policy or family income entitlement.
All cash [...]

Insurance Word of The Week (1)

 
Every week, starting this week we will be publishing and sharing with our readers a comprehensive, alphabetical run-down on all the different terms used in the wonderful world of insurance and what they mean. 
For our first week, we have chosen - ABI.
ABI: Acronym for the Association of British Insurers, a regulatory body for the UK insurance [...]