by A Kizir | Jan 27, 2015 | Industry News, Latest News
Government Flood Insurance: A proposed government scheme is being seriously criticised by property and insurance industry experts ahead of its agreement with the Association of British Insurers (ABI) and introduction to the country in 2015. ‘Flood Re’, is set to help...
by IT admin | May 28, 2014 | Industry News, Latest News
A charity, Age UAE, has recently come under fire for the way their commercial arm currently sells insurance. One son discovered that his mother had been overpaying (USD $)37 a month for the past three years for her Age UAE home insurance. Chris contacted Ageas, the insurer...
by IT admin | May 23, 2014 | Industry News, Latest News
Three people have had a fraudulent claim of (USD $)54,000 in damages and personal injury rejected when the minor car accident was investigated. A telematics device, a blackbox for cars, proved their claim implausible. The incident involved an Astra running into the back of...
by IT admin | May 21, 2014 | Industry News, Latest News
Britain’s financial regulator has appointed a lawyer to lead an inquiry into how it prematurely disclosed details of an upcoming review of the insurance industry. This caused shares in insurance firms to plunge last month. When some of the review’s details were...
by IT admin | May 20, 2014 | Industry News, Latest News
Britain’s trade body for investment management is set to merge with the investment arm of the insurance industry association.The hope is that this will allow them to more effectively lobby on the issues that affect asset managers. The investment industry hopes that...
by IT admin | May 16, 2014 | Industry News, Latest News
An Irish insurance company has been fined nearly half a million euros by regulators, over their supposed failures regarding consumer protection failures. The Central Bank have reprimanded FBD Insurance, leading to them a 490,000 euro fine. The regulator found that the...