Aviva hire new CFO from Willis

Big news in the insurance business. Aviva, growing as they are into a global company have recently hired Patrick Regan, a COO for Willis.

A big move and undoubtedly left a bit gap to fill at Willis, especially after him setting up another Willis company last year. He joins Aviva on their group board and will play a large role in the business. Having more than 21 years experience in both the UK and US, definitely brings insurance experience to the table.

Broadsure direct offer motor trade insurance, hgv insurance and fleet insurance. Find out more here.

Tougher punishments for uninsured drivers?

Some time ago, we done a post on uninsured drivers and the fact that some of them are getting away with paying less for a fine than they would for their insurance premium.

Building upon this issue which is clearly still in the media’s eye. Either tougher regulations are said to be put in place or a different solution found to stop drivers and especially young drivers driving around without car insurance.

Some insurers are apparently already trialling a payd (pay as you drive) scheme which naturally lowers the cost of the insurance premium and is useful for those young drivers that are perhaps students or don’t require the use of a car all the time. Its a possibility or there is also the possibility of making driving tests tougher and harsher to stop people passing that could be a risk on the road. If theres any more news on this, i’ll post it on the blog.

Broadsure direct offer car insurance, visit www.broadsuredirect.com for more information on car insurance and find out about the other types of insurance they offer.

Uninsured drivers mainly in London

Research carried out recently shows that the highest percentage of people driver a car without insurance are in Greater London.  People that own a vehicle now and don’t have insurance, whether they drive it or not will receive a fine of £100. It is being pushed that its simply not worth the risk not getting car insurance.

Closely behind London was Merseyside and Manchester. Figures of around 500 vehicles a day are taken each day because of no car insurance.

Broadsure Direct offer car insurance, visit our website www.broadsuredirect.com for more information.

AIG will struggle to find buyers?

American International Group are said to struggle in the future with finding a potential buyer. After the US government bailing them out last year, it’s been a rocky roller coaster for the insurer. AIG cannot simply offer the benefits of such a buy out due to this costing more money. They may have to rebrand the company to appeal to potential buyers and be like other insurers out there that are getting a better company image.

If you require insurance, then you can get a quotation at www.broadsuredirect.com.

Tesco and Fortis join hands

It has been announced recently that supermarket giants Tesco and insurance company Fortis have joined together. Investments of £100 million will be given to support the change and up to 1500 new insurance jobs are going to be created to support the growth of the newly formed insurance company.

If you need an insurance quotation for your car, fleet, van or business. You can visit Broadsure Direct for an insurance quotation.