Happy new year from all of us here at West Craven Insurance Services!
In our first newsletter of the year, we delve into how the general election influenced the insurance industry to provide some stability for the new year. Next we look at the availability of professional indemnity policies and see what data telematics technology has discovered from those with black box insurance policies. We also share some of the most bizarre insurance claims from 2019!
Last month proved to be an extremely interesting end to 2019, with a key general election taking place. With the result of the vote being a majority government, the most important consequence of the election on the insurance industry is that of stability and certainty.
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As we begin a new year in the insurance industry we can enter 2020 with some welcomed certainty, with the general election calling an end to the ambivalence. Right now we’d like to offer a moment of levity with a brief selection of the more bizarre, surprising and brazen insurance claims that brokers can come across from time to time.
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It would be careless not to acknowledge the tough year that the professional indemnity sector had in 2019. There were numerous key players across the board of insurance providers that withdrew from the sector.
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Black boxes have become a common component of car insurance for many young drivers. The telematics technology monitors your speed, the way you handle your vehicle, and in some cases, what time you drive at.
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