Direct Line to Lose 2000 Jobs
In headline business news on the BBC, DLG (Direct Line Group) announced a major redundancy programme as it makes an attempt to improve its operational efficiency as part of an […]
Read moreGolf Club in Liability Injury U-Turn
In an amazing twist, Niddry Castle Golf Club agreed a deal at the eleventh hour after it was apportioned 80% of the liability by Scottish appeal courts in relation to […]
Read moreUnderinsurance – The Risks
Underinsurance – the term used when a policyholders possessions or property are not insured for their full value – has been an issue for policyholders and insurers alike for as […]
Read moreAre You MNW or HNW?
Fresh research just carried among brokers found a lack of clarity around what constitutes a MNW (mid net worth) or HNW (high net worth) client in terms of household insurance. […]
Read moreTop 10 Outrageous Insurance Claims
LV, the insurance company that includes Highway Insurance, today published their top ten fraudulent and exaggerated claims that have genuinely been reported to them which we list below. According to […]
Read moreUnderstanding Commercial Insurance (Part 3)
Understanding Property Insurance and Commercial Insurance The impact of the recession has contributed to pressures on risk management costs which have resulted in less than effective controls. This results in […]
Read moreUnderstanding Commercial Insurance (Part 2)
Commercial insurance jargon explained Gross written premium (GWP). This reflects the monetary income an insurance company expects to receive from all customers over the policy term (usually one year). Expenses […]
Read moreUnderstanding Commercial Insurance (Part 1)
In a recent report published by Zurich Insurance company, they have endeavoured to be as transparent as possible about the mechanics of commercial insurance polices, breaking down the costings, profits, […]
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