Winter sports insurance: Have you got it covered? November 25, 2014 Not many policies will allow you to go off-piste without a qualified instructor NEARLY 40 per cent of winter sports holidaymakers head to the slopes without travel insurance, according to government figures. And 31 per cent have admitted to not checking their policy to ensure they’re covered. But despite all the small print, getting the [...]
The UK could be the world capital of the sharing economy if we take these steps November 25, 2014 EVERYONE seems to be talking about the “sharing economy”, and while this may not be a model that will work for every industry, it is a trend that requires attention. So much so that, in September 2014, the UK government raised the need for an independent report to examine the social and economic potential of [...]
Quindell share price soars after it denies Nationwide Accident sale speculation November 20, 2014 Flailing insurance outsourcing firm Quindell saw its shares jump over 30 per cent yesterday as it denied rumours it was looking to sell its 25 per cent stake in Nationwide Accident Repair Services. Quindell, which provides claims processing technology to car insurers among other services, issued a statement in response to social media speculation that [...]
Creativity and optimism will help Britain cope with the robot onslaught November 10, 2014 THE ROBOTS are coming, and they’re after your job. New research from Oxford University and Deloitte will be sure to send a shiver down the spine of British workers. It showed that up to 35 per cent of jobs in the UK could be destroyed by automation and computerisation. Deloitte argued that this would cause [...]
Esure share price down as premiums drop 7.4pc on back of cheaper car insurance November 5, 2014 Shares in Esure yesterday slumped 7.3 per cent after the firm reported that its cuts to car insurance prices had fuelled a 7.4 per cent drop in premiums over the past three months. Esure is behind Sheilas’ Wheels and price comparison site GoCompare.com. It said that while it was writing broadly the same number of [...]
Rolls-Royce to pay ex-finance chief Mark Morris £900,000 November 5, 2014 Departing Rolls-Royce chief financial officer Mark Morris is to receive a final remuneration package of more than £900,000. His departure was announced yesterday, and took effect immediately, with no reason given for his leaving. The package, also revealed yesterday, includes £717,150 to be paid in lieu of his 12-month notice period. Morris will receive 12 [...]
Take a BOAT through green lanes: Byways Open to All Traffic are the countryside’s best-kept secret November 5, 2014 Most Londoners don’t drive for pleasure – quite the opposite; it’s a chore, a practicality, something to get out of the way as quickly as possible. But it needn’t be like this. For those in the know, there’s a way to seek adventure and discover corners of the UK that nobody has explored in decades, [...]
The art of theft: Why do thieves steal famous paintings when they’re so hard to sell? October 28, 2014 On a freezing Stockholm evening just before Christmas 2000, a group of six to eight Middle Eastern men put into action a plan they’d been working on for months. The group parked cars in the middle of the three central roads leading to the Swedish National Museum and set them ablaze. As fire engines [...]
Insurers refuse to cover new Range Rovers October 27, 2014 INSURERS are refusing to cover new Range Rovers in London after a spate of thefts of the high-end cars. Underwriters are wary of insuring the models, which cost around £100,000, unless they are parked securely and have tracking devices. Thieves have reportedly cloned keys, or used equipment to tap into the onboard diagnostic systems, to [...]
Reed Elsevier to enter China’s car insurance industry in joint venture October 23, 2014 BRITAIN’S biggest media group Reed Elsevier yesterday said a four per cent rise in underlying revenue in the first nine months kept it on track to meet its goal of growing revenue and profit this year. Reed also announced a new joint venture between its LexisNexis Risk Solutions business and Jing You, the largest supplier [...]