The government has promised to review the application of the Insurance Premium Tax. But does the planned review go far enough?
Despite a number of technological revolutions, general insurance hasn’t altered much since it was first conceived centuries ago in City of London coffee shops. You Do Pet founder Paul Dennis argues 'claim sharing' might be about to change that.
Specialist insurer, Ecclesiastical and the Charity Finance Group have called on the chancellor to make charities exempt from paying insurance premium tax.
Two years after the truck attack in Nice, southern France, the terror compensation fund has paid out €37m (£33m) to 2135 victims, who were either injured in the attack or are relatives of casualties.
The Chartered Insurance Institute has launched its Aspire Apprenticeship programmes.
Watchstone made an underlying Ebitda loss of £3.6m in 2017, compared to a loss of £4.9m in the previous year.
Warranty and indemnity insurance has seen significant growth in the real estate sector over the last few years. And, with the cover offering significant advantages to those involved in real estate deals, many expect it to become a standard part of any…
Underinsurance casts a long shadow across the world of listed properties, especially when owners are constantly expanding commercial activities. Experts warn that there can be many traps for the unwary or naïve, many of which do not come to light until…
Nat cats pushed Zurich’s property & casualty segment into the red last year, as hurricanes Harvey Irma and Maria saw the insurer report a 100.9% combined operating ratio for P&C.
Don’t write the apprenticeship levy off just yet, says Matthew Metcalfe, claims manager at Covéa Insurance, explaining why the future’s bright for new apprenticeships.
The past year has been a stormy one for the insurance market – and not just in terms of weather: the discount rate saga and the insurance premium tax hike helped propel motor premiums to stratospheric highs. Industry figures see clearer skies, however,…
This year’s Budget was rewarding for many reasons: a freeze on insurance premium tax, an increase in research funding for driverless cars, and a dig at Jeremy Clarkson.
An MP has launched a petition urging the government not to raise the Insurance Premium Tax in next week’s budget.
As goverment returns to business, Andy Watson, CEO of Ageas UK, reminds MPs that there are still three major areas of policy affecting insurance that need to be properly addressed before insurers can begin to control and then reduce customer premiums.
Living in South London, I’m in an on-off relationship with my broadband connection. My unreliable web access is irritating – although it is probably not as bad as in certain rural areas.
A minority of Gibraltarian insurers could suffer from the loss of European passporting rights but the territory could also attract companies looking to enter the UK market after Brexit.
Jeremy Hyams started his business with a £500 start-up bank loan 20 years ago. Now, CEO of Claims Consortium Group, he was recently the recipient of the Queen’s Award for Innovation.
Lobbying is a long game, writes Steve White, chief executive of the British Insurance Brokers’ Association, explaining why his trade body is cultivating its connections with both the government and the shadow cabinet.
With Brexit negotiations now launched, insurers are taking steps to secure their access to the European market. How many will follow Lloyd's to Belgium?
After two years of waiting – and wondering – the apprenticeship levy is upon us. And so, for those of you with an annual paybill of over £3m, you’ll now be paying 0.5% of that to HMRC.
Chancellor Philip Hammond's Spring budget is of "little comfort" to insurers due to recent insurance premium tax hikes, trade bodies say.
The radical overhaul by the government of the apprenticeship scheme - with the core aim of creating three million new apprentices by 2020 - is set to have a major impact on recruitment and training in the insurance industry, potentially reaching far…
Nine out of 10 brokers anticipate that households and businesses will dramatically scale back their insurance if insurance premium tax increases in the forthcoming Budget.
Tax and exchange rates will push up home insurance costs with the average premium rising by 1.8% to £124.