Travel insurance
This Month in Post: General election, summer holidays and expert opinions
With another General Election looming, the insurance industry will likely be holding its breath on what the incoming government will make of the insurance premium tax, the Ogden rate and whiplash reform.
Insurers in row with BA over bill for cancellation expenses
Insurers have hit out at British Airways for encouraging customers to claim on their travel insurance for ‘disruption expenses’ caused from the recent IT outage.
Editor's comment: Time to play nicely
We have a sign in our kitchen with the rules of the house. As well as being told not to run (and throw balls in the house), my son knows it’s important to play nicely.
In Depth: Claimant lawyers move from whiplash to holiday illness claims
Proposed whiplash reforms are likely to be tough on claimant law firms. Many are carving out a niche in holiday destinations for gastric illness claims.
Cameron: Cyber crime solution needs insurance industry input
The insurance industry and the UK government need to work together on cyber crime and travel risks, former Prime Minister David Cameron said in his keynote address to the British Insurance Brokers’ Association conference.
Post Claims Club: Travel sickness claims surge driven by claims farming
Travel sickness claims have soared as legal firms push holidaymakers into making spurious claims, a Post event heard.
Zurich plans to underwrite Cover-More's travel policies
Zurich has confirmed it is interested in taking on the underwriting for Sydney headquartered travel subsidiary Cover-More's more than two million customers.
Zurich completes Australia Cover-More acquisition
Switzerland-headquartered global insurer Zurich has completed its acquisition of Australian travel insurance group Cover-More.
AIG warns on rise in Asia-Pacific nat cat travel claims
Research from AIG Singapore suggests that high-impact incidents such as extreme weather events, virus outbreaks and socio-political volatility are the top emerging risks for Asia-Pacific travellers in 2017.
ABI warns passengers affected by laptop ban on flights
Passengers affected by a ban on large electronic items in the aircraft cabin have been warned to check with their insurers before flying.
Riding into the danger zone
The nature of their work means journalists and aid workers are often running into danger zones while others are looking to get out. Both professions have significant need for insurance but have sometimes struggled to obtain the cover they need at a price…
Chubb partners with low-cost airline to broaden European travel cover
Chubb has expanded its travel cover offering by signing an agreement with low-cost airline, Wizz Air.
Charles Taylor completes integration of Cega
Charles Taylor has completed the integration of medical and travel claims firm Cega into the wider group.
Sun Life ventures into general insurance with Junction partnership
Junction, part of BGL Group, has signed a five-year contract to provide home and motor insurance products to life insurer Sun Life.
Marketing: Image is everything
Insurers must stand out from the competition to attract custom. What lessons can they learn from outside the sector?
Insurers extend travel cover amid Trump travel ban
Travel insurers will allow policyholders to claim if they are denied entry to the US.
Storm Barbara ‘could be first major test of Flood Re’
Home owners should take extra steps to ensure they have sufficient cover this Christmas owing to the risk of flooding from Storm Barbara.
Zurich acquires Australian travel group Cover-More for A$741m
Insurance giant Zurich is aiming to become a top three global travel insurance provider after an agreement to buy Sydney-headquartered group Cover-More for A$741m (£439m).
World Aids Day: Travel insurers need to overcome ‘resistance’ to covering HIV
The insurance industry still needs to take greater steps to provide cover for HIV and HIV-positive people.
Global tourism boom to spur purchasing of travel policies
Total travel insurance premiums are expected to grow 8.5% a year between 2016 and 2022 according to data from global firm Allied Market Research.
Insurers pay out £56.7m in claims every day
Insurers paid out £56.7m to customers every day in 2015, according to figures from the Association of British Insurers.
MIB claims database 'can be used at the point of quote'
A database of recorded claims commonly used to catch fraudsters can be used at the point of quote, the Motor Insurers' Bureau said.
Travel fraud: travelling in a new direction
Traditionally, most fraud associated with holidaymakers has resulted from opportunists who exaggerate, distort or invent relatively low-value claims on their travel insurance policies.
Over-50s: Targeting a mature market
For insurers, targeting the over-50s market would appear to be a no-brainer, not least because there are so many of them.