Welcome to our December newsletter! In this edition; Whiplash reforms set to lower premiums by £40, what you need to know about cyber attacks and hacking, government plans to increase insurance premium tax again and finally, the new BIBA scheme that aims to help businesses minimise flood risk exposure.
Until next time,
West Craven Insurance
General | Special Offers | Local Interest
Millions of motorists could see their car insurance bills cut by up to £40 a year, after the government recently announce plans to toughen up and crackdown on fraudulent whiplash claims.
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General | Special Offers | Local Interest
In the recent Autumn statement delivered by the chancellor Philip Hammond it was announced that £1.9bn will be invested to help strengthen UK cyber security and protect the country from hacking and cyber-attacks, both big and small.
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General | Special Offers | Local Interest
In the Chancellors Autumn Statement he revealed that insurance premium tax (IPT) will rise from 10% to 12% from June next year. Insurers and motoring groups are not happy with the government’s announcement at all.
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General | Special Offers | Local Interest
The British Insurance Brokers’ Association (BIBA) has announced a new commercial insurance scheme for businesses that will officially include flood cover "for many commercial premises and let properties located in areas at risk from flooding".
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