By Georgina Bailey Marketing Executive There is a new Insurance Act which will come into effect on 12th August 2016, the new Act provides more up to date framework for commercial insurance and will apply to all commercial polices taken out, renewed and amended from this date. The new Act focuses on “fairness, transparency and certainty” over the rules that govern contracts […]
By Ben Scott Marketing Manager Important Communication Regarding Enterprise Insurance Company PLC On the 22nd of July 2016, the Gibraltar Financial Services Commission (GFSC) intervened in the operations of the Enterprise Insurance Company PLC and issued directions under section 105 of the Financial Services (Insurance Companies) Act to cease the issuing of any insurance contracts (policies) with immediate effect. This […]
By Ben Scott Marketing Manager The Government have taken a strong stance on ensuring the population remain protected from second-hand smoke, especially vulnerable demographics such as children. We all know making smoking illegal would achieve this easier, though I digress. Following the recent smoking related regulations: Smoke-free (Premises and Enforcement) 2006 Smoke-free (Exemptions and Vehicles) 2007 Smoke-free (Vehicle Operators and Penalty […]
By Georgina Bailey Marketing Executive The tax disc has not been in implemented since October 2014 and this has led to a rapid increase of the amount of vehicles which are untaxed. Experts did warn that getting rid of the tax discs which came into effect in 1921 would lead bother driver confusion and more tax evasion, the amount paid […]
By Ben Scott Marketing Manager Do you understand the cost and benefits of protecting your No Claims Bonus? Studies show that most clients do not. From August the 1st 2016, new regulations will be introduced that affect how insurance brokers can provide cover for Protected No Claims Bonus/Discount. This change is being introduced in response to a recent study that […]
By Ben Scott Marketing Manager Ghostbroking is a word that should make all of us angry. For most everyday run of the mill motorists, Ghostbroking will be a term you are unfamiliar with, though lately it has been rearing it’s ugly head more publicy. In a nutshell, Ghostbroking is insurance fraud. A “Ghostbroker” will often arrange unbelievably cheap insurance policies for their […]
By Ben Scott Marketing Manager Cash for crash fraud still affects you – even if you are a genuine motorist. Crash for Cash scams are still an ongoing nuisance for the insurance industry and continue to cost every motorist money in the form of increased premiums at renewal. We previously discussed Crash for Cash scams in July 2013 when fraudster brothers Raja […]
By Georgina Bailey Marketing Executive It is something we never really think about until it happens to us, and that would be car theft! In 2015 there were 69,547 cars stolen in the UK, and as I am sure you are aware this usually happens when you leave your vehicle, so when you are asleep or even when you park it whilst […]
By Georgina Bailey Marketing Executive It was inevitable that sooner or later, this would be introduced. Regulatory talks have spoken in hushed whispers for a lengthy period and finally it has been announced that from October 1st 2016, it will become mandatory for all drivers to retake their driving test every 10 years. Studies support that the longer a driver […]
By Ben Scott Marketing Manager Crashes; they’re like breakdowns – they happen when you least expect when you’re at your worst, and at the most inconvenient moment. Then again, when is a convenient moment to be involved in an accident? Being involved in an RTA (Road Traffic Accident) can be a very traumatic and distressing situation, even more so once […]