Referral Scheme for Insurance2day Policyholders

We would like to thank Insurance2day Policyholders, with a £50 M&S Voucher,  for each and every successful referral! Subject to our Insurance2day Referral Scheme Terms & Conditions N.B. A successful referral means the inception of a commercial or property insurance policy, for a new policyholder, for a premium where the commission is at least double the amount of the…

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Factors Impacting Insurance Premiums – Ogden Personal Injury Discount Rate Changes

Ogden Personal Injury Discount Rate Changes A key determining factor in quantifying large personal injury claims is what is known as the Ogden Personal Injury Discount Rate. This rate changed on 20 March 2017 and, as a direct result, payments in respect of serious personal injury claims have soared. This level of increase is unprecedented…

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Factors Impacting Insurance Premiums – Insurance Premium Tax Increases

Insurance Premium Tax (IPT) Increases  IPT is a levy charged by the government on insurance premiums. The rate of IPT has increased significantly from 2010 i.e. In 2010                    IPT was 5% In July 2015            IPT increased to 9.5% In March 2016        IPT increased to 10% In June 2017        …

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