A serious question posed by Aviva’s Chief Executive Mark Wilson about the state of compensation culture affecting the United Kingdom in such matters as whiplash, fraud or exaggerated claims. This is how he supports his statement: Last year (2013), 94% of all personal injury claims paid by Aviva in the UK were for minor injuries … Read More
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From the insurers mouth – why insurance companies do not pay claims….
Below are seven common reasons why insurance companies avoid paying claims – heed them and avoid financial shocks to your livelihood ! 1. Failure to implement the security requirements imposed by the policy such as door and window locks or even an active alarm system. 2. Not having an intruder alarm under a maintenance agreement … Read More
Construction Industry hiring takes off… finally?
Due to a surge in house building the UK construction industry is hiring staff at a record pace which is proof that growth is finally returning to this badly hit sector. The Markit/CIPS Construction Purchasing Managers Index (PMI) rose from 62.5 in June from May’s 60. Anything above 50 indicates growth. So what has this … Read More
Floods 2014 – a little help from Titan Insurance…
Devastating floods have hit the UK over the last couple of months and it is thought that insurance claims could run into hundreds of millions of pounds. If you’ve been affected by the floods insurance is probably the last thing on your mind right now especially if you’re still trying to run your Business. Unless … Read More
How to Avoid Expensive Legal Fees in Business..
How to Avoid Expensive Legal Fees in Business.. If you’ve been involved in litigation then you know how costly it can be. There is, however, a solution to expensive litigation via Legal Expenses Insurance. This is simply an annual insurance policy that you can buy separately or in conjunction with your Business Insurance and is … Read More
At last…some help with Nightclub Insurance
At last…some help with Nightclub Insurance Let the party begin because we have just come up with the perfect cocktail for great Nightclub Insurance. If you’re running a busy Bar or Nightclub you’ll always be hoping to entice punters through the door. Boring stuff like nightclub insurance can often get stuck in the corner with … Read More
Beware of insurers not bearing gifts
We all know times are tough in this economic climate. There isn’t a business sector that hasn’t been touched including insurance. Insurance you ask…? Why insurance? “All insurance companies do is to take your premium and never pay up” is the classic line told by many. Partly true ? But now even more so…. Because … Read More
What does horsemeat in burgers and insurance have in common?
A philosophical question ? No… In general terms, the food industry, to keep prices lower and lower for the consume (and especially in these tough economic times) has no choice other than to utilise cheaper by-products which goes to make up the end product for the consumer. So, instead of having a beef burger consisting … Read More
Calls for Action
Titan Construction Insurance is joining calls for the Government to take action and begin major building projects across the country. This will boost the economy, help save jobs, generate further employment and kick-start a flagging industrial sector says Titan. The construction sector has been one of the hardest hit during the downturn since 2008, but … Read More
Banking Sector – Is It Time for a Change?
Titan Business Insurance wonders that given the latest revelations about Barclays and its dealers who are alleged to have ‘rigged’ the Libor rate, which come on top of other allegations about how modern banks operate, means that it’s time for major changes to the system. The news that Barclays Bank, as well as other banks … Read More
