Travelers’ event cancellation cover has been expanded from the firm’s Lloyd’s syndicate to its insurance company operation in a move which is expected to provide regional brokers with better access to the product.
Willis has responded to the devastating impact of the earthquake and tsunami that struck Japan in March by developing an insurance product to cover business interruption costs for companies in catastrophe hotspots.
Up to nine million drivers could be missing out on substantial savings by automatically renewing their car insurance with their existing provider. Failing to investigate if you can find cheaper cover elsewhere could cost you dearly. According to new research by moneysupermarket.com, motorists can typically save £233 a year by scouring the market for a better deal – that’s nearly £100 more compared with last year.
Yet despite the savings they could make, more than three and a half million motorists admit that they ‘can’t be bothered’ to look for cheaper insurance. M