Towergate and comparethemarket.com collaborate
December 6, 2010 by Timothy Wilkes · Leave a Comment
Towergate Insurance and comparethemarket.com have signed an agreement whereby Towergate will provide the price comparison website with insurance for its SME customers.
Towergate will gain business from comparethemarket.com in a number of lines, including Commercial package, Liability, Commercial & Let Property, Restaurants, Surgeries and Offices.
The new business will be handled by specialist commercial unit, Your Insurance, led by Managing Director Robert Rees.
Rees has ambitious growth plans, and the new move not only increases the business his unit will handle but also falls into line with Towergate’s broader strategy of enhancing its capacity to deal with more high volume VSME business.
Towergate Retail Division CEO Jonathan Walker described the agreement as an exciting step forwards, and announced that the firm had a target of achieving a GWP of £100m in the next few years.
Commercial Director Jeremy Moll of comparethemarket.com expressed the firm’s confidence that Towergate would offer the website’s SME customers choice, flexibility and great customer service.
Cholamandalam travel insurance for Indian travelers
December 6, 2010 by Thomas Brownlee · Leave a Comment
India several insurance companies offer travel medical insurance for Indian travelers. Indian visitors traveling overseas, if they require financial assistance can purchase Cholamandalam travel insurance policy. Cholamandalam visitor insurance is a comprehensive travel policy that covers the insured for medical expenses and also for risks that traveler might encounter while participating in adventures activities while abroad. Cholamandalam travel insurance has wide range of plans, which enables the travel to avail from the best policy that meets their desired requirements. Some of the plans offered under Cholamandalam overseas travel insurance plans are Silver Cover, Gold Cover and Platinum cover.
Overseas travel insurance offered by ICICI Lombard for Indian travelers
December 2, 2010 by Thomas Brownlee · Leave a Comment
Indians who wish to travel outside India should consider purchasing visitor medical insurance. It shields the visitor from financial crises in case of unpredicted health disastrous. The traveler must be aware that domestic health care system will not insure medical assistance for ‘outsiders’. It is therefore crucial requirement to get insured under Indian visitor insurance policy before you start your journey overseas. ICICI Lombard Travel Insurance is a plan that safeguards Indian travelers by providing special benefits while traveling abroad.
ICICI Lombard overseas travel insurance plans are available to the travelers as Platinum, Gold, Bronze, Silver and Salt & Pepper plans. All
Hiscox issues burst pipe advice
December 1, 2010 by Timothy Wilkes · Leave a Comment
Home and contents insurer Hiscox is advising home owners to be on the look out for burst pipes.
When the snow and ice begin to thaw leaks caused by burst pipes may become more noticeable, as water leaks into the property.
Hiscox home insurance expert Austyn Tusler explained that the unusually early onset of freezing conditions may have caught homeowners off-guard, and warned that there was still a long winter ahead of the UK.
If left, a leak can cause damage to a home’s structure, electrical wiring and belongings and catching them early saves not just money but also reduces the damage incurred.
Leaks can be identified by damp spots on ceilings and walls and if a tap is turned on and no water comes out (in which case the water supply should be turned off and a plumber called immediately).
Homeowners should also check exposed pipes and isolated areas such as lofts.
Earlier this week the Association of British Insurers (ABI) warned that frozen and burst pipes could cost as much as £650m, and urged homeowners to either keep their heating on or (if they are away for a porlonged period) draining the cold water system.
Study: Some States Fall Short In Insurance Rate Reviews
December 1, 2010 by Timothy Wilkes · Leave a Comment
A new study finds that states don’t always flex their muscle when it comes to regulating insurance rates. Meanwhile, there is movement at the top for WellPoint.
Reuters: Inconsistencies Mar States’ Insurance Rate Reviews The federal healthcare reform law empowered U.S. states to review and fight spikes in insurance rates but state governments inconsistently enforce the law, according to a study released on Thursday (12/2).
: Some States Fail To Review Unreasonable Insurance Rates, Kaiser finds Vigilance of unreasonable premium hikes might be lax in some states despite their robust authority to review and approve rates, according to a new Kaiser Family Foundation study.