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News archive

June 12th, 2012 at 12:00 AM

Telematics technology could reduce car insurance costs

Telematics technology could play a role in reducing car insurance costs for young motorists, it has been noted. Graeme Trudgill, head of corporate affairs at the British Insurance Brokers' Association - which represents the interests of brokers,...
June 6th, 2012 at 12:00 AM

Confused launches van insurance promotion

Confused.com has unveiled a new van insurance promotion for customers who purchase protection via the site. The portal revealed it is to give away free breakdown cover worth £59.99 with any such policies bought in this way, with the offer running...
June 1st, 2012 at 12:00 AM

Car Insurance Market To Be Investigated By Competition Commission

Britain’s motor insurance market is to come under increased scrutiny after a report by the Office of Fair Trading (OFT) found that distorted car hire and repair charges could be inflating premiums by some £225 million a year. Car...
May 31st, 2012 at 12:00 AM

Tesco Adds Van Insurance To Portfolio

Tesco Bank, the financial services arm of the UK’s largest retailer, has added to its insurance offering with the launch of Tesco Van Insurance. In response to growing customer demand, the company has launched a comprehensive insurance product...
May 30th, 2012 at 12:00 AM

GPS trackers might alter car insurance payouts

By Will Regent Car insurance payouts might soon be markedly changed due to the increasing use of GPS trackers, it has been noted. Carlton Boyce, a freelance motoring journalist who regularly writes for High Gear Media and Drive, observed these...
May 29th, 2012 at 12:00 AM

People willing to lie to cut insurance costs

By Anthony Thwaite Many people in the UK would be willing to lie in order to see their insurance costs reduced. This is according to new research from Zurich, which showed 33 per cent of survey respondents would not be averse to bending the truth...
May 25th, 2012 at 12:00 AM

Mortgage holders should consider life insurance

Obtaining adequate life insurance could be a top priority for individuals who put pen to paper on a new mortgage deal. Ray Black - independent financial adviser and founder of money-minder.com, which has been in operation since 1999 - noted getting...
May 24th, 2012 at 12:00 AM

Car Insurance Taking Up A Fifth Of Young Drivers Income

Young drivers in the UK are forking out an average of £2,499 on their annual car insurance, according to new research by Confused.com and Towers Watson. With the average 18-21 year old earning £13,972 a year, it means young drivers spending a...
May 22nd, 2012 at 12:00 AM

Whiplash insurance claims clampdown gains support

The government's clampdown on car insurance claims related to whiplash injuries is gaining support, new findings have shown. Carried out by MoneySupermarket.com, the study revealed 93 per cent of survey respondents welcome the move. As part of the...
May 21st, 2012 at 12:00 AM

Majority of UK workers not protected against ill-health

A new study has found that just 15 per cent of UK employees are insured against health conditions preventing them from working, with only 7 per cent receiving health cover as part of their employee benefits. The research by MetLife revealed that...
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