The British Insurance Brokers’ Association (BIBA) has won the Commercial Initiative award at the Trade Association Forum Best Practice Awards. The accolade recognises BIBA’s development of a personal travel insurance offering, created in conjunction with Tokio Marine Europe. According to BIBA, the policy has helped reshape the UK travel insurance market by providing families with [...]
Greenlight has reported a rise in search volumes for travel-related insurance, with searches increasing from 896,000 to 932,000 since January. According to the search engine marketing agency, the recent volcanic ash cloud episode has prompted consumers to seek out policies that offer more comprehensive cover. By contrast, searches for home insurance products dropped from 1.3 [...]
More and more Britons are opting for long-haul travel, with nearly a quarter of policies sold by swiftcover.com being taken out by British travellers heading for far flung lands. Only five years ago the figure was one in five, with the recent rise backed up by research commissioned by swiftcover.com. According to research 23% of [...]
Travel insurer LV= has commissioned research showing that British travellers may be putting their health in jeopardy by avoiding recommended travel vaccinations. The findings, which come as GPs report a rise in the cost of jabs, indicate that 26% of travellers during the last year went without vaccinations for diseases including diphtheria and typhoid. A [...]
A recent report from Defaqto suggests independent holidaymakers should review their travel insurance policies to see whether they cover the failure of scheduled airlines. According to the independent financial researcher, only 20% of insurance policies provide this feature and while many offer cover of £1,500 or more, limits may not be sufficient when taking into [...]
Defaqto, the independent financial research firm, has reported that travellers enjoying a single holiday this year could benefit more from single trip insurance, rather than an annual policy. Head of Research and report author Brian Brown has said that it makes sense to cut back spending whilst retaining an adequate level of coverage. Brown pointed [...]
UK travellers have been advised by Post Office Travel Insurance to remember to take out travel insurance. Over the course of the last three years one in three Britons have had a health/well-being holiday, according to recent research. Post Office Travel Insurance has urged those going on holiday, even if going for a relaxing spa [...]
Many insurers are hitting the over-65s with significantly higher premiums for car and travel cover, according to new research from Which? Money. The consumer watchdog found a “huge range” in premiums for travel insurance, with steep increases when passing from one age group to another. According to the study, a 74-year-old currently paying £383 for [...]
Direct Group has enlarged its travel claims operation following its appointment by FirstAssist Insurance Services Ltd to handle FirstAssist’s travel claims. Direct Group Travel Services handles travel claims for a number of major firms, offering high quality customer service and excellent management of indemnity spend. Direct Group Chief Executive Derek Coles has expressed his delight [...]
Defaqto is calling into question whether insurance policy definitions of “family” are up to date, and urging parents to check their travel insurance policies to ensure children have adequate cover. According to the firm’s head of research, Brian Brown, many travel insurers will insure children and step-children as long as they live with the policyholder, [...]
Demand for overseas travel has declined in the UK as a result of the state of the economy, belt tightening by consumers, rising unemployment and a fall in the value of sterling. According to a new report from Defaqto’s head of research, Brian Brown, overseas travel by UK residents fell by almost 16% in 2009, [...]
The World Cup, the world’s most watched sporting event, begins this month, and Lloyd’s has stated that it is insured to the tune of £6.2bn. The World Cup began in 1930, and has grown into the biggest sporting spectacle of the global stage, with huge support from all corners of the planet and tremendous financial [...]
The Association of British Insurers (ABI) has issued a reminder to the 20,000 English football fans due to travel to the World Cup in South Africa to ensure that they have adequate travel insurance. Director of General Insurance and Health Nick Starling has said that proper insurance is essential for fans travelling to South Africa, [...]
Specialist travel insurer P J Hayman has urged travellers to read the small print when taking out travel insurance. There have been a number of serious disruptions to British travellers’ plans recently, most notably the ongoing industrial strife at BA and the intermittent volcanic activity in Iceland. Director Peter Hayman explained that cheap insurance can [...]
Rapidly growing flight consolidator Airflights.co.uk has bolstered the financial security afforded to consumers who arrange flight tickets via the firm. Should insolvency affect a non-bonded ticket the firm has promised to refund customers and, should they be overseas, arrange for their flight back home. Sales Manager Colin Gill explained that whilst many clients booking charter [...]
Post Office Travel Insurance is advising Britons taking activity holidays in the UK to make sure their travel insurance policies are up to scratch. According to research from Mintel, the domestic activity holiday market is growing fast, with nearly two million people embarking on domestic water sports holidays in 2009, and a million taking up [...]
swiftcover.com is reassuring its travel insurance customers regarding cover provided for travel plans disrupted by the volcanic ash cloud episode. Brushing aside the concept of “an act of God”, which according to swiftcover is being used by some insurers to avoid paying potential claims, the firm’s marketing director, Tina Shortle, promises the following: To automatically [...]
Travellers unable to make their planned journeys due to the volcanic ash cloud and those who are stranded overseas due to the same reason have been reassured by Direct Travel Insurance’s statement that the firm will cover relevant claims. Although many insurers are not providing coverage, Direct Travel Insurance has chosen to consider the ash [...]
Travellers have been urged to check with their insurer regarding coverage for cancellation or delay due to the unprecedented ash cloud that has made British airspace a no-fly zone. Defaqto, which has offered the advice, also advocates those with an ATOL protected packaged trip to check with their tour operator or travel agent to explore [...]
