Author: Tom Wood | Date: 14/05/2019
Categories: General
The world of motor claims management is changing apace. The main challenge is that of achieving continuous improvement in claims management, whilst keeping claims’ costs as low as possible, thus minimising any possible knock-on effect of higher premiums. There is growing awareness that faster reporting of accidents can greatly assist. If an insurer can be informed of an incident within Read More…
Author: Tom Wood | Date: 07/05/2019
Categories: General
In 2018 Britain had that rarest of things – a heatwave – but it may come as some surprise to learn that it still rained 40% of the time and on 147.4 days last year. In August, regarded as the height of summer, raindrops fell on 13.2 days. Whilst precipitation can be irritating for those holidaying, it can result in Read More…
Author: Tom Wood | Date: 30/04/2019
Categories: General
Facing exacting questions at renewal is proving the order of the day for firms seeking to renew their Professional Indemnity (PI) cover, particularly for design and construction businesses. Brokers need to respond to this by being more alert than ever to the requirement to ask the pertinent questions to which insurers expect answers. Acting in the client’s best interest entails Read More…
Author: Tom Wood | Date: 23/04/2019
Within the last nine months we have seen a stark warning, which those declared bankrupt in the past, or those considering this as a course of action in the future should heed carefully, given the potential impact it may have on their insurance status. In May 2018, one of Britain’s biggest insurers, Aviva, rejected a £1.8m fire damage claim after Read More…