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Blogs from April 2015

Holiday Selfies May Void Your Insurance Claim

home insuranceWe are currently living in a time where everything is shared on Facebook, from whatever you ate for breakfast to where you're going on holiday or what you're doing over the weekend. People especially love posting holiday selfies and telling all their friends where they're going for their travels. However, holidaymakers are being told that these posts could invalidate their home insurance if their house gets broken into while they're away. Insurers are checking people's social media accounts afte[...]

James Savery, 28 April 2015

Man Gets £10k Of Car Insurance For Just £10

car insurance buryA conman from Liverpool was able to manipulate his way through a car insurance website to get himself £10,000 worth of cover for a measly £10. Callum Mullen, 33, from Merseyside (Parklands Way, Waterloo to be exact) managed to swindle the system to pay just 10 pounds to insure his Vauxhall Vectra. Mr Mullen has been charged with two counts of fraud at Liverpool Crown Court after the manipulation was discovered.

Mr Mullen was handed a suspended jail sentence last Friday along w[...]

James Savery, 15 April 2015

You May Need Car Insurance For Your Lawnmower

car insuranceA 43-year-old European directive has recently resurfaced which may force golfers riding motorised caddies, wheelchair users and gardeners with ride-on lawnmowers to buy car insurance for their small 'vehicles'. This strange rule has actually been in place for decades, however, a recent court case has interpreted it to cover all types of motorised vehicle. The industry is now waiting for details as to how British insurers will adapt to the change.

The Association of British Ins[...]

James Savery, 07 April 2015

China To Boost Insurance Market With Investments

insurance newsChina has revealed their plan to boost the country's insurance industry by relaxing the current controls and restrictions on overseas stock and bond investments for domestic Chinese insurers. The country's investments have been restricted to Hong Kong up until now. The Chinese insurance regulator is letting insurers invest the markets of 45 different countries and regions worldwide.

The change may take some funding away from China but the move is not negative as a whole. Hong [...]

James Savery, 01 April 2015

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