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News
UK commercial insurance adds £29 bn to economy, ABI says
2+ day, 23+ hour ago (816+ words) The UK insurance market contributes around £29 bn annually to the economy and supports more than 300,000 skilled jobs, according to a report from the Association of British Insurers. Around two-thirds of those positions are located outside London, giving the sector a…...
Zuno General Insurance Unveils Fuel Guard: An Industry-First add on Built for the Future of Car Protection
3+ day, 10+ hour ago (282+ words) SMEStreet "Zuno General Insurance, a new-age digital insurer committed to making insurance easy, friendly and transparent, has introduced Fuel Guard, an industry-first car insurance add-on designed to give customers an additional layer of protection as India moves towards greater adoption…...
The 4 things you should do before buying a certified preowned car, Edmunds says
4+ day, 1+ hour ago (400+ words) Shopping for a used vehicle can be nerve-wracking even for seasoned veterans. Regardless of how well you know the mechanical workings of the modern automobile, buying a used car is always a gamble. If you’re one who likes to minimize…...
Edmunds: four checks before buying a certified preowned car
4+ day, 4+ hour ago (495+ words) Certified preowned cars carry a 4% to 5% premium, Edmunds sales data show. Four checks, from warranty terms to history reports, decide whether it is worth paying. Certified preowned cars cost 4% to 5% more than non-certified used cars, Edmunds sales data show, and…...
Four things you should do before buying a certified preowned car
3+ day, 23+ hour ago (419+ words) If you’re one who likes to minimize risk, buying a certified preowned model can reduce some of the uncertainty Shopping for a used vehicle can be nerve-wracking even for seasoned veterans. Regardless of how well you know the mechanical workings…...
Insurers receive new claims after heavy rain in Pärnu
5+ day, 24+ min ago (332+ words) In Estonia’s Pärnu, insurance companies continue to receive claims from clients after heavy rainfall caused flooding on city streets, roads and in buildings. Water most often damaged basements, garages and ground floors of houses, ERR News reports. As of Tuesday…...
How weather and seasonal damage claims are assessed by insurers
6+ day, 4+ hour ago (201+ words) A regular accident claim usually involves one vehicle, one incident, and a fairly clear cause and effect. Weather-related claims are never good because a storm or flood can lead to hundreds or thousands of claims being filed in a single…...
Motor Insurance Shifts To Usage-Based Pricing In India
6+ day, 23+ hour ago (304+ words) whalesbook.com The Indian motor insurance industry is undergoing a structural transformation, moving away from traditional, one-size-fits-all policies toward usage-based insurance This new approach, often called 'pay-as-you-drive,' allows premiums to be calculated based on factors such as annual mileage and…...
Motor insurance gets more personalised as data takes the wheel - The HinduBusinessLine
1+ week, 3+ hour ago (286+ words) Motor insurance is increasingly moving away from a one-size-fits-all approach to personalised cover tailoring the premium to the risks specific to the vehicle and policyholder, thanks to a data-driven approach. The personalisation in the own-damage component is visible in the…...
Car Insurance Planning for Vehicles with Bank Loans or EMIs
1+ week, 3+ day ago (756+ words) A vehicle bought through a bank loan or EMI commitment needs insurance planning that works alongside the repayment schedule. The policy should protect the car, support the lender’s financial interest and limit sudden expenses after damage, theft or total loss....