Travellers caught up in the aftermath of the Volcanic Ash chaos have been relieved to hear from their travel insurer Fortis Insurance, that they will be offering Delay Compensation Benefit for those stranded due to the flightspace disruption. Although Fortis will not be able to offer any assistance in flying customers home (other than in […]
Ministry of Justice Reforms
Personal Injury Claims under £10,000 for drivers who have been involved in accidents will be dealt with within a new ‘fast track’ process from 30 April 2010. This will mean that third parties who have been injured in a motor accident could see decisions on their claims in under 15 days, meaning that the lengthy waiting period experienced by some […]
Aviva revamps motor trader insurance
Aviva has recently updated their motor trader insurance product to provide even more choice for small motor traders in the UK. They can now provide Road Risks cover on a named driver basis, either as part of a combined policy or as a stand-alone Road Risks policy. Road risks cover is designed to provide […]
Michael Jackson Cancellation Cover
Insurance Times have this week revealed the companies that are thought to have provided cancellation cover for Michael Jackson’s O2 concerts. Talbot Underwriting and Cathedral Underwriting are considered to be the main underwriters in providing the cancellation cover for AEG Live, the promoter of Michael Jackson’s O2 concerts. The total cancellation cover is reported to be $18M. It is […]
Liverpool Victoria (LV=) Changes Identity
Liverpool Victoria’s commercial business insurance division, previously known as abc Insurance, has been rebranded to the more recognisable Liverpool Victoria (LV=) brand this month in an effort to establish itself in the commercial business insurance market. Liverpool Victoria distribute it’s commercial business insurance products via brokers including Midlands Insurance Services. Products includes commercial combined, hotels […]
Corporate Manslaughter Act (2007)
The Corporate Manslaughter Act (2007) has been in force just over a year now and the Crown Prosecution Services has brought its first prosecution against Cotswold Geotechnical Holdings following the death of an employee. Companies should check their liability policies to ascertain the extent of the cover they currently have in place. Midlands Insurance Services […]