Insurance industry invited to prepare for Flood Re

Insurers, brokers and software houses are invited to register and begin testing their systems and processes with Flood Re to ensure they are ready for April 2016. Flood Re has now started the “on-boarding” process which ensures industry participants have the information and access required to test and, ultimately, go [...]

September 4, 2015|

Director to run half marathon for Yorkshire Air Ambulance

A Captain Cover* director is preparing to run his second half marathon of the year to raise money for the Yorkshire Air Ambulance. Andy Acton is now in training for the Lake Vyrnwy Half Marathon in Wales on 13th September having already run the Stafford Half Marathon in March for [...]

August 26, 2015|

Brokernet news: Notification of policy changes

Changes to your Home Emergency (Arag) Scheme: Please note that with effect from 1st September 2015, the current Home Emergency policy wordings [Master Certificate Ref : LEX / HES / 960 / 2013] will be replaced with new wordings [Master Certificate Ref : LEX / HEA / 06 / 2015]. [...]

August 10, 2015|

Landlords warned over renting properties to illegal immigrants

Landlords who rent properties to illegal immigrants could face up to five years in prison under a crackdown announced by the Government this week. The warning comes as part of a drive to make it harder for migrants to live in the UK when they have no right to be [...]

August 4, 2015|

Personal injury claims ‘pushing up motor insurance costs’

Claims for whiplash injuries are forcing up the price of car insurance again, according to the Association of British Insurers. The average price for an annual comprehensive policy increased by two per cent in the second quarter of 2015, reports the Express website. The average premium for April, May and [...]

July 31, 2015|

Car insurance premiums rise for first time in nearly three years

Car insurance premiums have risen for the first time in nearly three years according to new statistics revealed today. The AA's table of cheapest deals on the market showed the cost of annual comprehensive car insurance rose by 5.2% in the three months to the end of June. Young drivers [...]

July 21, 2015|

Footballer ordered to pay Aviva’s £11,000 costs after phony whiplash claim

A footballer who made a dishonest claim for whiplash after a car accident has been ordered to pay Aviva’s costs of £11,000. Twenty-four-year-old Gary Burnett, a semi-professional player with Cheshire-based Northwich Victoria, made the claim following an accident at a drive-thru restaurant in Birkenhead, Merseyside. However, Insurance Age reports that [...]

July 17, 2015|

Flood Re to secure £2.1bn in reinsurance

Flood Re, the new Government-backed flood subsidy fund, has unveiled plans to secure £2.1 billion of reinsurance cover - one of the largest purchases in the world. The three to five year programme will be one of the five largest ‘natural peril’ reinsurance deals struck globally and the second biggest [...]

July 7, 2015|
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