1. Company Name: SWIFS Mortgages Plymouth
City/Town: Plymouth
Postal Code: PL9 8HX
Street Address: 207 Elburton Rd
Country: UK
2. Company Name: Chester Ceremonies
City/Town: Chester
Postal Code: CH1 2NH
Street Address: Number 28 The Yonne
Country: UK
3. Company Name: E S Mortgage Services
City/Town: Boston
Postal Code: PE21 8PU
Street Address: 10 Witham Bank West
Country: UK
4. Company Name: Pearson Insurance Services
City/Town: Kingston upon Thames
Postal Code: KT1 2PD
Street Address: 20 Wheatfield Way
Country: UK
5. Company Name: Specialist Insurance Solutions
City/Town: Southampton
Postal Code: SO16 8AJ
Street Address: The Old Post Office, Horns Drove
Country: UK
6. Company Name: Coversure Insurance Services
City/Town: Newcastle Upon Tyne
Postal Code: NE3 1DJ
Street Address: 2 Salters Rd
Country: UK
7. Company Name: Binfield Insurance Brokers Ltd
City/Town: Teignmouth
Postal Code: TQ14 8PE
Street Address: 4 Station Rd
Country: UK
8. Company Name: Central Insurance Consultants Ltd
City/Town: Newcastle Upon Tyne
Postal Code: NE1 7PQ
Street Address: 34 St. Marys Place
Country: UK
9. Company Name: Premium Sure
City/Town: Coventry
Postal Code: CV5 6ET
Street Address: Sovereign House, 12 Warwick St
Country: UK
10. Company Name: Excel Insurance
City/Town: Northampton
Postal Code: NN1 5LP
Street Address: Suite 19f, Mobbs Miller House, Ardington Rd
Country: UK
11. Company Name: Howard Bethel Financial Services
City/Town: Telford
Postal Code: TF3 2NR
Street Address: 2 Cotswold Drive
Country: UK
12. Company Name: Pearsons Claims Ltd
City/Town: Pinner
Postal Code: HA5 2AN
Street Address: 3 Northwold Drive
Country: UK
13. Company Name: G R D Financial Services Ltd
City/Town: Ormskirk
Postal Code: L40 2QU
Street Address: Office A07 Towngate Works
Country: UK
14. Company Name: LTW Finance
City/Town: Wymondham
Postal Code: NR18 0WG
Street Address: 26 Carpenter Close
Country: UK
15. Company Name: Everest Rock Mortgage and Protection
City/Town: Swindon
Postal Code: SN2 2PN
Street Address: Nexus Business Centre, Darby Close
Country: UK
16. Company Name: Aspray (Central & West London)
City/Town: Wembley
Postal Code: HA0 1JT
Street Address: 25 Cromwell Court, Ealing Rd
Country: UK
17. Company Name: Interfinancial
City/Town: Market Drayton
Postal Code: TF9 4HP
Street Address: The Brookhouse, Smithy Lane
Country: UK
18. Company Name: D L A Financial Services Ltd
City/Town: Chester
Postal Code: CH4 9QU
Street Address: 1 Sandpiper Court, Chester Business Park
Country: UK
19. Company Name: North East Financial Ltd
City/Town: Yarm
Postal Code: TS15 9AE
Street Address: 10-12 High St
Country: UK
20. Company Name: Allied Claims
City/Town: Poole
Postal Code: BH14 8BW
Street Address: 23a Worthington Crescent
Country: UK
21. Company Name: J.A Morgan & Partners
City/Town: Leighton Buzzard
Postal Code: LU7 4RS
Street Address: 40 Turnham Drive
Country: UK
22. Company Name: Turney & Associates Ltd
City/Town: Cambridge
Postal Code: CB1 2HS
Street Address: 5-7 Covent Garden
Country: UK
23. Company Name: Active Insurance Services
City/Town: Manchester
Postal Code: M28 3BW
Street Address: 154 Bolton Rd
Country: UK
24. Company Name: Whitney’s Financial Services Ltd
City/Town: Bradford
Postal Code: BD13 3JN
Street Address: The Old Bank, 391 Thornton Rd
Country: UK
25. Company Name: Pia Financial Services – James Bradford
City/Town: Reading
Postal Code: RG1 7SB
Street Address: 39 Castle St
Country: UK
26. Company Name: Premier Insurance
City/Town: Consett
Postal Code: DH8 5BQ
Street Address: 17 Victoria Rd
Country: UK
27. Company Name: Business Insurance Service
City/Town: Brighton
Postal Code: BN1 1YR
Street Address: Tower Point, 44 North Rd
Country: UK
28. Company Name: Fogartys Insurance Services Ltd
City/Town: Blackburn
Postal Code: BB2 5LL
Street Address: 384 Preston Old Rd
Country: UK
29. Company Name: Focus Insurance Services
City/Town: Peterborough
Postal Code: PE3 7PH
Street Address: 29 Ivatt Way
Country: UK
30. Company Name: The Mortgage Co
City/Town: Witney
Postal Code: OX28 6BU
Street Address: The Old Butchers Arms, 104-106 Corn St
Country: UK
31. Company Name: S R Insurance Services
City/Town: Lowestoft
Postal Code: NR32 1PW
Street Address: 38 Alexandra Rd
Country: UK
32. Company Name: Coversure Insurance Services (Dudley)
City/Town: Dudley
Postal Code: DY2 8PR
Street Address: 96 King St
Country: UK
33. Company Name: Coversure Insurance Services
City/Town: Cramlington
Postal Code: NE23 6UW
Street Address: 3 Old Parish Hall, Dudley Lane
Country: UK
34. Company Name: Arrows Legal Ltd
City/Town: Huddersfield
Postal Code: HD3 3XD
Street Address: 460 New Hey Rd
Country: UK
35. Company Name: Cornerstone Business Insurance Ltd
City/Town: Leicester
Postal Code: LE1 7EA
Street Address: The Oval, 57 New Walk
Country: UK
36. Company Name: B-Advised Ltd
City/Town: Newcastle Upon Tyne
Postal Code: NE16 3AS
Street Address: Metropolitan House, Longrigg Rd
Country: UK
37. Company Name: Forum Insurance
City/Town: Harrow
Postal Code: HA3 0EY
Street Address: 181 Kenton Rd
Country: UK
38. Company Name: Dolphin Mortgage Advice Ltd
City/Town: Reading
Postal Code: RG6 7HY
Street Address: 462 Wokingham Rd
Country: UK
39. Company Name: Pacific Financial Services North West Ltd
City/Town: Burnley
Postal Code: BB10 2NZ
Street Address: 150 Briercliffe Rd
Country: UK
40. Company Name: Blossomfield Mortgages
City/Town: Lichfield
Postal Code: WS13 6QZ
Street Address: Unit 3a Swan Rd
Country: UK
41. Company Name: Riverdale Insurance
City/Town: Manchester
Postal Code: M2 5HX
Street Address: 24 Queen St
Country: UK
42. Company Name: Needham Insurance Services
City/Town: Nuneaton
Postal Code: CV10 7NA
Street Address: 18 Arbury Rd
Country: UK
43. Company Name: Halcyon Health Care
City/Town: Wetherby
Postal Code: LS22 6SL
Street Address: 14-18 York Rd
Country: UK
44. Company Name: The Property Insurer
City/Town: Kettering
Postal Code: NN14 4XP
Street Address: 35 Conway Drive
Country: UK
45. Company Name: Farmcare Insurance Services Ltd
City/Town: Lichfield
Postal Code: WS13 8EX
Street Address: The Stables, Elmhurst Business Park
Country: UK
46. Company Name: Hannah Cowell IFA
City/Town: Ashby-De-La-Zouch
Postal Code: LE65 2UR
Street Address: 102 Bishop Hall Rd
Country: UK
47. Company Name: Pure Co Insurance
City/Town: London
Postal Code: SE4 1UY
Street Address: 183a Lewisham Way
Country: UK
48. Company Name: Hanbury Financial Planning
City/Town: Nottingham
Postal Code: NG7 1ND
Street Address: 3a Derby Terrace
Country: UK
49. Company Name: David Sanders – Mortgage & Protection Adviser
City/Town: Willenhall
Postal Code: WV12 5PL
Street Address: 17 Andrew Close
Country: UK
50. Company Name: Bath Mortgage Search
City/Town: Bath
Postal Code: BA1 1HB
Street Address: 5 Trim Street
Country: UK
Insurance in England, UK, plays a fundamental role in providing financial protection against various risks individuals and businesses face. From personal insurance covering health and property to commercial insurance safeguarding businesses against liabilities, the insurance sector in England is robust and highly regulated. This exploration will delve into the key aspects of insurance in England, including its structure, types of insurance available, regulatory framework, challenges, innovations, and the impact of Brexit.
Overview of Insurance in England, UK
Structure of the Insurance Market
The insurance market in England comprises a diverse range of providers, including:
1. Insurance Companies: Both domestic insurers (e.g., Aviva, Legal & General) and international insurers operate in the UK, offering a wide array of insurance products.
2. Brokers and Intermediaries: Insurance brokers act as intermediaries between insurers and policyholders, helping individuals and businesses find suitable insurance coverage.
3. Lloyd’s of London: Lloyd’s is a global insurance marketplace where underwriters (syndicates) provide specialist insurance and reinsurance across various risks.
Types of Insurance
Insurance products in England cover a broad spectrum of risks, including:
1. Personal Insurance:
Life Insurance: Provides financial protection to beneficiaries in the event of the policyholder’s death.
Health Insurance: Covers medical expenses and healthcare services, offering faster access to treatments compared to the National Health Service (NHS).
Home Insurance: Protects against damage or loss of property due to incidents such as fire, theft, or natural disasters.
2. Commercial Insurance:
Property Insurance: Covers physical assets such as buildings, equipment, and inventory against risks like fire, vandalism, and business interruption.
Liability Insurance: Protects businesses from legal liabilities arising from third-party claims, including public liability, professional indemnity, and product liability.
Business Interruption Insurance: Provides coverage for lost income and expenses when business operations are disrupted due to covered perils.
3. Specialty Insurance:
Marine Insurance: Covers risks associated with maritime transport, including cargo shipments and hull insurance for ships.
Cyber Insurance: Protects against losses from cyber-attacks, data breaches, and privacy violations, providing financial support for incident response and recovery.
Regulatory Framework
The regulation of insurance in England is overseen by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA):
PRA: Regulates insurers to ensure they have adequate financial resources (capital adequacy) and risk management practices to protect policyholders.
FCA: Regulates insurance brokers, intermediaries, and conducts market oversight to promote fair competition, consumer protection, and market integrity.
Challenges in the Insurance Sector
The insurance industry in England faces several challenges:
1. Regulatory Compliance: Adapting to evolving regulatory requirements, including Solvency II directives for capital adequacy and data protection regulations (GDPR).
2. Climate Change and Natural Disasters: Increasing frequency and severity of natural disasters require insurers to assess and manage climate-related risks effectively.
3. Cybersecurity Threats: Insurers and policyholders are vulnerable to cyber-attacks, necessitating robust cybersecurity measures and comprehensive cyber insurance coverage.
4. Consumer Expectations: Meeting changing consumer expectations for personalized insurance products, digital services, and transparent pricing.
Innovations in Insurance
In response to challenges, the insurance sector in England is embracing innovation:
1. Digital Transformation: Adoption of digital platforms, mobile apps, and online portals for policy management, claims processing, and customer engagement.
2. Insurtech: Collaboration with technology startups (insurtechs) to leverage AI, machine learning, and big data analytics for underwriting, risk assessment, and customer insights.
3. Parametric Insurance: Innovative insurance products that pay out based on predefined triggers (e.g., weather conditions), providing faster claims settlement and reducing administrative costs.
4. Usage-Based Insurance: Offerings such as telematics for auto insurance, using data from devices (e.g., GPS trackers) to determine premiums based on driving behavior.
Impact of Brexit on Insurance
Brexit has implications for the insurance sector in England:
1. Passporting Rights: Loss of passporting rights affects UK insurers’ ability to operate across EU member states without additional regulatory approvals.
2. Regulatory Divergence: Potential regulatory divergence between the UK and EU may require insurers to comply with different standards and regulations, impacting market access and operational costs.
3. Market Access: Negotiations on equivalence arrangements and trade agreements influence insurers’ access to EU markets and vice versa.
4. Business Continuity: Insurers have implemented contingency plans to mitigate Brexit-related risks, ensuring continuity of services for policyholders and stakeholders.
Conclusion
Insurance in England, UK, is a vital component of the financial services industry, offering protection against a wide range of risks for individuals, businesses, and communities. With a diverse array of insurance products, stringent regulatory oversight, and ongoing innovations, the sector continues to evolve to meet changing consumer needs and market dynamics. Despite challenges such as regulatory compliance, cybersecurity threats, and the impact of Brexit, the insurance industry in England remains resilient, driving innovation, fostering competitiveness, and safeguarding financial stability. As the landscape continues to evolve, insurers, regulators, and stakeholders collaborate to enhance industry resilience, promote consumer trust, and ensure sustainable growth in the dynamic global marketplace