These days, it seems businesses are tightening their belts more than ever before. It is no wonder. With our current economic state stuck in a seemingly permanent rut, it’s no surprise that every business, from Fortune 500 companies to the tiniest local mom-and-pop shops are trying to squeeze more out of each and every penny. It’s only smart that we all do the same thing with our personal finances, too. For Read more…
Reported fraud over £2 billion in 2011
More than £2 billion of fraud was reported last year, the largest amount ever according to the BDOs 2011 FraudTrack report.
This is a 50% increase on last years figure of £1.4 billion. When the survey was launched in 2003 it recorded £331 million, showing a seven fold increase in eight years.
The 2011 FraudTrack report, which took into account all reported cases of fraud over £50,000, shows dramatic rises in both the volume and the average value of reported cases. In
Law commissions open consultation on late claim payments
The Law Commission of England and Wales, and the Scottish Law Commission have called for improved remedies for late payment of valid insurance claims, suggesting insurers pay legitimate claims in a reasonable amount of time.
You need a business insurance because of your responsibility
As a business owner, the well-being of your employees is your responsibility, and therefore, you are legally obliged to have the right type of insurance in place.
Many people start their own businesses under the impression that you can simply walk into the offices of the insurance company and purchase a single policy that will give you all the coverage you need. Read more…
Lloyds : CEO returns after four month ‘fatigue’ leave
Lloyds Banking Group (LBG) will have their CEO back next year, after Antonio Horta-Osorio announced he was fit to return to work.
Mr Horta-Osorio temporarily stood down in September because he was suffering from fatigue.
GAB Robins ready for Bawbag damage
George Bentley, client services director of loss adjuster GAB Robins, has doubled the number of adjusters available on call to handle severe weather this week and is proposing to open its offices for longer hours, if needed.
5 things to know about household insurance
An uprooted tree sits on a house on Lawrence Ave.E. in Toronto in this file photo.
Home insurance can be a financial lifesaver when Mother Nature wreaks havoc on your abode. But simply purchasing a policy doesn’t necessarily mean you’ll be sheltered from the potential financial fallout after a storm hits.
What if your roof gets wrecked? Or a tree in your yard falls over and lands on your neighbour’s property, damaging his home, or worse, injuring the homeowner himself? How a
Who needs professional indemnity insurance?
Professional indemnity insurance is designed to provide protection for businesses or individual if a negligence claim is made against them. Some professionals aren’t quite sure as to whether or not they should obtain this sort of insurance. It’s pretty easy to determine your need, however; if, as part of your business, you give advice to clients then you will want to have a professional indemnity insurance policy and you can visit Markel UK for more information about this.
There are a variety of professions that give advice to customers. For Read more…
Comparison of auto insurance quotes: don’t get confused
It does not matter what you are looking for, research properly will help you get the best products available on the market. This is also the case even with insurance. Read more…
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