Travel insurance
Week in Post: Cancelled flights, closed doors and canned ads
My dad was one of 400,000 passengers affected this week by air traffic control delays, bad weather and a backlog in employee holidays for the delay, which lead to budget airline Ryanair cancelling 50 flights a day for the next six weeks.
Saga reports 5.5% rise in first-half underlying profit
Over-50s travel and insurance company Saga reported a 5.5% rise in first-half pre-tax profit, driven by strong demand for holidays among older Britons.
Insurers issue warning after Ryanair cancellations leave 400,000 grounded
Insurers have urged grounded Ryanair customers to seek compensation from the airline in the first instance rather than their travel insurance policies.
Law firms warned over handling of holiday sickness claims
Solicitors have been slapped with a warning over the handling of holiday sickness claims following evidence of rising fraud.
CMC has license revoked by Claims Management Regulator
A holiday-sickness firm has had its license revoked by the Claims Management Regulator after it had encouraged holiday goers to fabricate gastric illness claims.
Staysure buys travel broker Avanti
Broker Staysure has acquired rival travel insurance provider Avanti for an undisclosed amount.
General insurance complaints jump within the last year
General insurance complaints submitted to the Financial Ombudsman Service have increased over the last year, recent results have shown.
Halo partners with new owner Zurich for Australian car hire excess insurance launch
Exclusive: Halo Insurance is to launch in Australia later this year in what will be its first underwriting venture with new owner Zurich.
Blog: Travel insurance alone doesn't cut it for corporate clients
Corporate clients want travel insurance and travel risk management in the same place, says Chris Knight, head of corporate services at Cega.
Blog: Caravanning, a journey to cross-selling lands
Caravanning clients offer brokers many cross-selling opportunities, writes Graeme Hamilton, head of leisure insurance at Jackson Lee Underwriting.
Swinton's Richard Beaven on getting personal
The disruptive rise of price comparison websites is well-documented. This has prolonged the lifespan of an outdated business model where insurers and brokers compete on price, and price alone, argues Richard Beaven, distribution director for Swinton…
Blog: Making life-or-death decisions for your customer
Could you and your providers be trusted to come up with an innovative solution to save your customer's life, asks Chris Knight, head of corporate services, CEGA Group.
Voyager Insurance names Carl Carter as managing director
Voyager Insurance has appointed Carl Carter as managing director.
Zurich enters global car rental market following acquisition of Halo
Zurich has acquired Halo allowing it to enter the global car rental market.
Europe: Post-Brexit travel insurance
It is unclear whether UK nationals will be able to use the European Health Insurance Card after Brexit. If they don’t, travel insurers expect higher claims costs and higher premiums.
Blog: Brexit is making travel claims more expensive
Brexit is increasing the costs sustained by travel insurers, which can no longer afford to cut premiums, says Antony Martin, managing director at Rock Insurance.
FCA reviews travel insurance for cancer patients
The Financial Conduct Authority has launched a public consultation to see if changes are needed to make it easier for people with cancer to get travel insurance.
Organisations not doing enough to ensure travel risk strategies are fit, Airmic warns
Organisations are not doing enough to ensure their travel risk strategies are “fit for the 21st century”, The Association of Insurance and Risk Managers has warned.
Blog: Cooperation will stymie claims touts and dodgy claimant firms
Claimant lawyers need to report dodgy peers to the Solicitors Regulation Authority, urges Andrew Twambley, spokesperson for Access to Justice, arguing current legislation is enough to tackle fraud.
Thailand considers compulsory travel insurance
Thailand's government is considering introducing compulsory travel insurance for all tourists following a series of serious incidents.
Seven countries cut diplomatic ties with Qatar
It has become a lot harder to travel to Qatar this week following a major diplomatic spat.
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.