Passionate About Insurance...

Passionate About Insurance…

Tuesday, 24 January 2012

 Horse Play? 


A recent circular email arrived at my computer terminal today, the content of which I feel we must share. The article concerned an Employers Liability claim which had come into a broker where a farm hand had been knocked over by one of the farmers horses. Here, straight from the Broker's mouth, is what occurred;


 “The employee had claimed for future loss of earnings as a result of his injuries. A reasonable enough claim under the circumstances, but the claims department told me they would be contesting this. When I asked why, they informed me that the employee was actually an escaped prisoner and given he was supposed to be in prison at the time, and therefore not earning anything, they felt claiming for future loss of earnings was a bit rich!”


So it would appear that the 'employee' had tried a bit of off the hoof thinking but was instead sent galloping back to prison with a rather long face and his tail between his legs.


Alistair 

Friday, 20 January 2012

The Car in Front is a Toyota.... and probably doesn't belong to the driver. 


A study by naval themed, parrot wielding insurance sailors, 'Admiral Insurance' recently revealed that the Toyota Yaris is one of the most stolen vehicles in the country with one in every 244 being stolen by thieves. We all remember the Toyota slogan 'The Car in Front is a Toyota' but I would usually expect it to belong to the driver. According to the survey other tasty targets for thieves include the VW Touareg (1 in every 256) and the Volvo XC90 (1 in every 370).

Perhaps the moral of the story is that if you happen to want to prevent your car from being stolen whilst visiting the shops without spending money improving the manufacturers security then simply park between two of the above.

Alistair

Wednesday, 18 January 2012

Local Bookmarks for Local People

As our support of the Chalfont St Peter Community Library gets under way we have just taken delivery of some lovely (not to mention handy) bookmarks. In order to get your hands on one you must rent a book from the CSP Community Library once it officially reopens later this month and you will be handed one of  these fine page keepers.



Alistair
Costa Concordia Costa the Insurance Industry a lot of Money

Friends of mine in the marine insurance industry will be watching the news of the Costa Concordia disaster very closely. Already reports from the insurance press deem it the most expensive loss in marine insurance history. Initial estimates indicate losses of between $500 Million and $1 Billion (thats about £330m to £650m). As the salvage effort gets underway the Captain remains under house arrest and the death toll stands at 11 with some more missing. The results of the investigation will no doubt have some bearing on the attitudes toward insuring such vessels. It will no doubt call into question numerous safety requirements and perhaps even endorsements detailing the requirements in terms of the suitability and experience of those in charge. It will be some time though before any conclusions are drawn and we continue to hope that there is no further rise in the total of fatalities.

Alistair

http://www.insurancetimes.co.uk/story.aspx?source=itNewsBreakingNow&storycode=1394392
http://www.bbc.co.uk/news/world-europe-16606405