Digital downloads

It’s estimated that a total retail value of at least £1.8 billion of music and audio files have  been downloaded to our laptops, phones etc, and while these physical  items may be insured against theft or loss, about 40% of home insurance policies do not cover the full replacement download cost. If you are not…

Pokemon Go-ing, going, gone?

It’s probably the most popular mobile app so far, but what home insurance issues does it raise? There have already been some accidents and trespassing in the USA as players search for Pokemon oblivious of their surroundings. Is this relevant to your home insurance? Well, for a start, the liability sections of your policy should…

Reboot for renewals

After some field trials and consulting late last year, the Financial Conduct Authority has mandated changes for the renewal of General Insurance policies. About time too, many might say! Essentially insurance companies inviting renewal must: Remind policyholders of the premium they paid last year with details of any changes due to mid term adjustments Encourage…

Digital future

Last week the Competition and Markets Authority (CMA) published its report into the retail banking market. Among other recommendations, it requires banks to implement “Open Banking”, which means enabling customers to share their banking data securely with third party digital apps that will help the customers find the best products for their needs. The next…