Author: P F Spare

The Insurance Act 2015: An Overview

If you own or run a business you may already have some awareness of the Insurance Act 2015 but do you understand what this might mean for you? The Insurance Act 2015 aims to benefit both insurers and their business customers by increasing transparency and certainty over the rules that govern how they do business… Read more »

Travel Insurance: Summer 2015’s “Must Have”

With Summer 2015 now upon us, many of you will be looking forward to your holidays. In this excitement, the importance of buying travel insurance can sometimes be overlooked – here’s why we think it should be at the top of your “to do” list. Using the latest information available from the Association of British… Read more »

Starting and growing a business? Think about what insurance is needed

The current outlook for British businesses remains positive. Research by LV= Broker reveals that three quarters of SMEs improved or maintained their turnover in 2014, a year during which an estimated 180,000 people started running their own business. P F Spare Insurance Brokers encourages businesses not to recognise that their insurance needs might change as… Read more »

Driven to Distraction: Smoking Behind the Wheel

With the new smoking ban for motorists set to come into effect from October, Allianz Insurance has found that almost half (47%) of drivers who smoke admit that they have been distracted by smoking behind the wheel. The majority of these acknowledge that it does affect attention levels so clearly this legislation is an important… Read more »

Cyber Crime: Get Protected with Cyber Liability Insurance

Cyber insurance should become as common a purchase for UK businesses as property insurance within the next 10 years, according to the Association of British Insurers (ABI). Use of the internet brings with it a vulnerability to dangers including deliberate attacks by thieves and data losses caused by human error. A UK Government survey estimated… Read more »

Ageas’ Top Ten Classic Cars

Courtesy of our friends at Ageas Insurance Limited and their Optima Classic Car (Insurance) product, P F Spare Insurance Brokers are able to share with you the top ten classic vehicles covered by a product we happily recommend. The top ten list of Classic Cars covered by Ageas Optima Classic Car Insurance in 2014 has… Read more »

Mind the GAP

The Financial Conduct Authority (FCA) is poised to announce changes to promote competition in the guaranteed asset protection (GAP) insurance market, including limiting the point of sale advantage for GAP insurance sales made on the vehicle showroom floor and making it easier for consumers to shop around. GAP insurance is likely something you’ve heard of… Read more »

Save the Pennies

As a survey from AXA reveals the cost of the small things needed to run a business often come as the biggest surprise, the insurer reminds owners to look again at their smaller expenses when finalising budgets. The research shows many small business owners underestimate the money needed for the everyday items vital to the… Read more »

Secret Spending: The Insurance Cost

Millions of us are spending money on purchases that are kept secret from loved ones. New research from LV= home insurance reveals that more than 9.5 million buyers in the UK alone spent money in secret last year, or hid the true cost of an item – with the average person spending around £1,600 in… Read more »

Whiplash: The Real Impact

According to a report commissioned by Aviva, whiplash-type claims have returned to near-record levels and are costing motorists £2.5bn; to put this into context such claims are adding an extra £93 to the average motor insurance premium. In order to address this, Aviva proposes a number of key actions to reduce the number and cost… Read more »