Thursday, 13 December 2012

Insurance Update - 13th December 2012

1. Office Insurance policies are too complicated and need to offer a wider range of covers and opt outs to give the best value to clients according to Graham Hearsey, CEO at Professional Insurance Agents Ltd. This is particularly relevant for those clients who wish to purchase their insurance covers online. Policies also need to be modernised to include cover such as cyber liability and international business travel and kidnap and randsom covers.

2. Business Insurance 247 seals a new deal with leading insurance company to offer a scheme to complementary therapists insurance, a medical malpractice professional indemnity insurance policy via its online multiquote and buy platform. According to Kelly Fyfe, Business Insurance 247 Director, this will be great news for both clients and insurers as cover and policies can be issued online instantly.