Mobile Technology for Insurance Claims

Insuranceblogger was out walking the other day when I heard a loud bang!
First I saw two smashed up cars with steam hissing out of them…
Then I saw two elderly ladies fighting to be the first to video the scene and get it to their car insurance company before the other.
First to Claim victory mentality!
Here’s an interesting post on the subject of mobile technology and car insurance claims from the pen of the Car Insurance Blog ….

Nokia 6700 Mobile Phone Makes An Instant Online Car Insurance Claim

by Car Insurance Blogger
I’m not a great fan of mobile phones. Let me rephrase that…I wasn’t a great fan of mobile phones, I don’t even own one, I get sick of the site of one stuck to my Mrs’s ear or ringing with the most absurd ‘personal’ ringtone in the train carriage on the way to the Car Insurance blog office.
No I didn’t like mobiles, they invade your personal privacy and demand to be answered even at the most inconvenient times.
As for the use of mobile phones in cars I was and still am a great advocate of the hands free rule. If you’d seen the number of car insurance accidents that were occurring before the clampdown, you’d agree!
So I wasn’t the least bit interested when my wife was going on about this new mobile she’d got for free from Vodafone, a Nokia 6700. It’s got bluetooth and she asked me to set it up for her to use in the car, which I obligingly did under threat of not getting my dinner cooked!

A look at Pub Insurance risks

Protect your business with public house insurance from specialist commercial insurance brokers

Pub insurance is a valuable form of insurance as it provides you the publican with protection for your employees in the event of them being injured. It also provides security against theft in the workplace.

Pub insurance can provide cover for a variety of risks, which can be tailored to your individual business needs.
If you hire staff to work in your pub , then your public house insurance must include employer’s liability insurance, as this is a legal requirement in the UK.
You may wish to include additional forms of cover in your insurance, for example property or public liability insurance.
You might also choose to insure your stock and inventory,have protection against a loss of your license, or to protect money on the premises.

UK Insurance and US Insurance Regulatory Bodies Swap Notes!

FSA HEARTS FINRA
The FSA and their American cousins the US Financial Industry Regulatory Authority (FINRA) have  taken an unprecedented step of entering an agreement to work more closely together. Whether this means that they will be able to compare notes on incompetency or even heaven forbid try to learn from each other’s mistakes, we will have to wait to find out. It does however show that maybe, just maybe, that they may be prepared to start listening to outside suggestions. Could this lead to the unthinkable, the mighty FSA one day actually listening to the humble broker? Well one step at a time lads, mighty oaks and tiny acorns and all that.

So what do we know of  FINRA?
Well we know that they have a habit of over extending their reach into areas where its not particularly welcome. Towards the end of 2009 a group of prominent Financial Planners were moved to petition US congressional leaders to amend a bill including them within FINRA’s authority. On the surface a strikingly similar situation to the UK General insurance industry being shoe horned into the FSA’s remit. Certainly both bodies have shown an overzealous one size fits all attitude to financial regulation when it is clear that a more refined, considered and cultivated approach is more suited to such intricate industries.

Comparing Yacht and Boat Insurance Quotes

With the recession affecting goods in particularly the luxury end of the market, if you own a yacht or a boat, it pays to shop around at the moment for boat insurance, and to compare the numerous offers to get the best value for your money in what is a bouyant competitive market.
Yacht insurance covers loss or damage to yachts and/or damage or loss caused by the yacht to third parties. Yachts can be a significant investment hence requiring comprehensive cover to prevent losses due to unforeseen events is essential. As a yacht owner you need the composure which you will get when you know that you are covered, should anything untoward happen.
Providers of yacht insurance in most cases tailor make the policies for your individual needs. You should therefore assess the risks you and your yacht will be exposed to during intended use. You should also figure out the cruising range for your yacht. Will you use your yacht abroad or in the confines of your country coastal areas? How often will you travel abroad? Such questions should guide you in assessing your needs. When you know what you need you can obtain quotes from the different insurers.
The sum insured for your yacht can be based on a value that is agreed on or on the actual value of the yacht taking into account any depreciation. Most policies however are based on the value that is agreed on. That way the losses due to depreciation are not incurred in the event of total loss of the yacht. Repairs can also be made with new components.