With warm temperatures right here in UK, water season is luring the boat enthusiasts. If you are on your boat every day or whether on weekends, you must have boat insurance at least during summer months, and beyond if possible. With this in mind Insurance Blog thought we’d take a look at the oldest type of insurance…. Read the rest of this entry »
CPI annual inflation stands at 3.1 per cent, down from 3.2 per cent in June, reveals the latest Consumer Price Index showing that the market will self adjust to inflationary pressures without the intervention of monetary or fiscal policies designed to rock the boat!
The CPI fell by 0.2 per cent between June and July this year compared with no change over the same period a year ago. Read the rest of this entry »
The use of asbestos was banned over thirty years ago, but the UK Insurance Industry now faces a time bomb of claims from people directly or indirectly exposed to the deadly substance.
Asbestos was once hailed as a miracle product but its use has exacted a terrible price for those exposed to it. Diseases caused by ingestion into the lungs such as Asbestosis and Mesothelioma may take over forty years to become apparent, and the true cost of the substance use in damages claims, is only just beginning to occur. Read the rest of this entry »
Geico Car Insurance Company has recently launched a concept, because the little creature that your auto insurance has become spaces.
You spend millions of dollars each year trying to convince him to buy the policy with them. They claim they can save 15% in just 15 minutes. The most important thing is that the reputation is not the cute mascots many of us have learned to love. Read the rest of this entry »
Every four years Insurance Companies underwrite all the risks associated with holding and attending the World’s largest sporting event – The FIFA World Cup Finals.
Insurance Blog reports on the risks and covers available and the large premiums paid to ensure that this years Tournament currently going on in South Africa, went without a hitch… Read the rest of this entry »
The prawn sandwiches were out in force yesterday at Old Trafford as the new sponsors of Manchester United Football Club, Aon the giant American Insurance Broker, took over the lucrative deal from disgraced and broke AIG the not so giant American Insurance Company.
AIG had to pull out their 14 million a year deal which ran until the end of May this year, after the company was bailed out by the US Treasury to keep it alive.
It’s been a bad week for AIG who failed to complete the sale of their Asian division AIA to the man from the Pru, as the Treasury ‘overvalued’ the operation at 24.5 billion.
It might not be such a big deal for Aon either who have reportedly paid 80 million to be in the Red and announced at the time that they shared a desire for excellence and winning, based on tradition, integrity, teamwork and success. Read the rest of this entry »
Insurance Blog was gazing through some very old travel guides when we noticed that Insurance Marketing has come a long way since the start of Insurance….
This old advertisement for The London Assurance Company from the turn of 19th century suggests that insurance was something that you didn’t talk about in public – like money!
‘Very good people to deal with” What’s all that about then?
Good at what? Deal with What?
“Good Day Mister. I’m from London Assurance. We’ll deal with it for you! (Cockney Accent required) Read the rest of this entry »