“Building” has warned that insurance companies, including Aviva and AXA, may refuse to cover some UK buildings because of fire risk.According to the construction magazine, recent figures from insurance research body, RISCAuthority, indicate that 40% of fires involving a loss exceeding £150,000 are related to timber-frame and light-gauge steel-frame buildings.Concerns centre on the performance of […]

In the insurance industry as in many other areas perception is reality.  So it is always interested to find out what the public opinion is when it comes to ‘trusted’ companys.  Based on a poll of 5,000 readers www.thisismoney.co.uk has named the UK’s most trusted financial providers.  According to the financial website, firms providing savings […]

The Association of British Insurers (ABI) has reported that its members paid out £650 million in total in dealing with claims arising from the coldest winter in the UK in thirty years. Acress the UK, policyholders submitted 335,000 claims for damage to their homes, businesses and vehicles, broken down as follows: Motor insurance – 268,400 […]

Right insurance essential for empty retail units The recession has left plenty of empty shops on the UK’s High Streets.  In a new survey Aviva has reminded property owners of the importance of having the right insurance in place such as SME Insurance or property insurance. According to research by Local Data Company, retail property […]

Handy iPhone application to help insurance claims launched Andrew Bourne,  Leicester based insurance brokers have leared that iPhone users there is a handy new application which is being supported by the insurance industry including MORE TH>N.  It is designed to help drivers who are involved in accidents including haulage companies. Currently 38% of drivers fail […]

Christmas Travellers Should be Aware of Burst Pipes Around 35% of Britons will be away from home for a few days over the Christmas and winter holiday period. Surprisingly burst pipes pose a bigger threat for property insurance than burglary over this period. In December 2008 and January 2009, more people claimed on their property […]

Clocks going back leads to increase in risk of theft. It’s that time of year when we put the clock back an hour to GMT.   With dusk drawing in an hour earlier, homes and gardens need that extra bit of attention to remain secure to avoid property insurance claims. This triggers an increase in burglaries […]

Bike thieves get hot-fingers in September September 2009 Britain’s cycling boom has prompted a rise in bicycle thefts, with an estimated 540,000 bikes stolen last year, an increase of 22% compared to the previous year. The figures, released by the British Crime Survey, also show that bike thieves are the most hot-fingered in September, with […]

ABI issues holiday burglary reminder The Association of British Insurers (ABI) is urging Britons to take extra care protecting unoccupied homes during the holiday season to reduce property insurance claims. While reported cases of burglary have fallen 57% since 1997, there are signs of an increase during the current economic downturn. According to the ABI, […]