How to keep valuables safe: use cereal and toy boxes, say ex-burglars | Money

How to keep valuables safe: use cereal and toy boxes, say ex-burglars | Money

Forget hiding your valuables under your pillow, in a safe or stuffing them in your underwear drawer – those are among the first places professional burglars look for jewellery and cash. A panel of former burglars, brought together by department store chain John Lewis, have advised holidaymakers that the safest places for family heirlooms are […]

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Beyontec Celebrates Crossing the 50 Insurance Customers Milestone

Dubai, United Arab Emirates-Tuesday 21 May 2019 [ AETOS Wire ] Beyontec, a leading provider of technology solutions for the global insurance industry achieved the significant 50-customers milestone and has set the acceleration of its growth trajectory with focus on new markets and the introduction of new products. The company continues to enlarge its global […]

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Thomas Cook: What is happening with the holiday company, and what are your rights if you have booked?

Thomas Cook: What is happening with the holiday company, and what are your rights if you have booked?

We have a holiday booked with Thomas Cook. Will it go ahead? The honest answer is: I expect so.  I realise this looks unhelpful. But it reflects the truth that there is no absolute guarantee that any holiday will go ahead as booked. We’ll tell you what’s true. You can form your own view. From […]

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Bank of England begins climate enforcement with a velvet glove | Larry Elliott | Business

We can already hear the distant thunder of climate change and must not wait for the storm to hit. The Extinction Rebellion protesters that blocked London traffic? No, a senior Bank of England official telling banks and insurers that from now on they will be expected to make global warming central to the way they […]

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Half of UK travel insurance policies do not cover passengers against Wow Air closure | Travel

An independent financial information company has warned that 46% of travel insurance policies do not include protection against airline failure, which means many Wow Air passengers will not be covered for cancelled flights as a result of the airline’s closure on Thursday. Defaqto, which rates products including travel policies, has said that travellers are often […]

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Why did an insurer make things more difficult after my daughter died? | Money

My daughter, who had cancer for more than three years, died last November. She had still been driving and just before her death renewed her car insurance with Hastings Direct. She was always full of hope she would overcome her illness. When I contacted Hastings Direct it said a refund of £371 was due. I […]

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No-deal Brexit would be ‘unforgivable act of economic self-harm’, UK insurers warn

A no-deal Brexit “would be an unforgivable act of economic and social self-harm”, insurers have said, in the industry’s most scathing attack yet on the government’s handling of Britain’s EU departure. Brexit should be delayed if no deal is the only alternative, Huw Evans, director general of the Association of British Insurers, will say. Any future […]

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Technology presents insurers with many fresh opportunities

By JAMES NGUNJIRIMore by this Author Technology has moved to the top of emerging issues ahead of regulation, and if insurers do not innovate, they risk falling behind, analysts say. And with the rise of the new middle-class and digital natives, this is presenting opportunities for insurers, and using technology, they can better understand their […]

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Banks and insurers must plan for climate change risks, says Bank of England

Banks and insurance companies will be required to appoint a senior manager to take responsibility for protection from climate change risks, according to new proposals from the Bank of England. The central bank’s prudential regulatory authority (PRA) has suggested new guidelines aimed at making firms take more responsibility for protecting their businesses from the financial […]

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