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Insurers criticised for lack of cover on downloaded music

Many of the UK’s big name insurers are still not paying out for claims on the loss of downloaded music – despite the fact that digital sales now form a massive chunk of the UK’s music purchases according to financial data comparison site Moneynet.co.uk.

With the sales of online music expected to top £160m this year the cost to the consumer of replacing their purchases without insurance is colossal the website said.

“It would be a mistake to assume

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Throwback Thursday: Royal retreats from Moscow

Insurance Post’s Throwback Thursday steps back in time to October 1991 to remind you what was going on this week in insurance history when Royal International was reconsidering its plans for a Moscow-based insurance company.

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