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Posted: 2/7/2012

Europe calls for increased cyber insurance for business

A European agency has called for insurers to offer better cover to protect businesses against losses caused by online crime and technical problems.

Although some companies already offer specialist "cyber insurance" policies, the European Network and Information Security Agency says the insurance industry needs to work harder to build up the market.

According to the agency, one of the biggest problems is that insurers don't always have an accurate idea of exactly Full Story


Posted: 23/7/2010

Smaller premiums for the big society

Voluntary groups could get low-cost insurance as part of the government's "Big Society" campaign.

Prime Minister David Cameron says he wants to work with the insurance industry to offer dedicated cover to community groups which use volunteers. If his idea is taken up by the industry, groups could get public liability insurance for as little as £5 to £10 a month, which would Full Story


Posted: 18/7/2010

Landlords warned over rental default risks

As many as a third of landlords could lose out each year if they don't have adequate landlord insurance to cover against non-payment of rent.

That figure comes from moneysupermarket.com which said 1 in 3 landlords had at least one tenant who had gone into arrears. It noted that specialist landlord insurance can not only Full Story


Posted: 23/6/2010

Lloyds of London highlights insurance implications of the World Cup

Lloyds of London estimates the total value of insurance for this year's World Cup is £6.2 billion. That's around £3 billion for the various stadiums, £3 billion for activities related to the event such as broadcasting, sponsorship, competitions and special offers, and around £200 million in liability cover.

Among the incidents which could be covered by such insurance are delays to games, whether minor and causing problems for broadcasters with advert Full Story


Posted: 16/6/2010

Insurance premium tax could be on the rise

The insurance industry is bracing itself for potential steep rises in taxes on premiums, with predictions it could simply lead to a drop in cover.

At the moment, the tax applies to all forms of insurance except for life insurance and permanent health insurance (also known as income protection insurance, designed to Full Story


Posted: 14/2/2010

Database helps hunt for missing company insurance policies

The government is planning to create an electronic database of company-provided insurance policies for employees. Its designed primarily to help victims of industrial diseases who've been unable to get compensation because company records have gone missing.

An estimated 3,000 workers a year miss out on payments for work-induced sickness because the records can't be traced. One of the most common areas for such problems is lung cancer mesothelioma, caused by exposure to Full Story



PLEASE NOTE: News items are intended for information only and should not be relied upon when making buying decisions. Due to their nature some of the information in these business insurance news stories may no longer be current.


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Europe calls for increased cyber insurance for business
Smaller premiums for the big society
Landlords warned over rental default risks
Lloyds of London highlights insurance implications of the World Cup
Insurance premium tax could be on the rise



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