NEWS

THE RETURN OF THE GREEN CARD

While the UK has been part of the EU, drivers have benefited from being part of the Green Card Free Zone, meaning they didn’t need to carry a Green Card when driving to other European Economic Area (EEA) countries. At the moment, there is no agreement for the UK to participate in the Green Card Free Zone post-Brexit and, as a result, the Association of British Insurers (ABI) states that “anyone taking their vehicle to the EU will be required to carry with them a Green Card”.

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Business Meeting

Do You need any of these 3 insurance features?

When you take out Business Insurance, it’s essential that you explore every insurable area of your company to determine the policy features that are right for you. Yet, this can be difficult if you don’t know the full terms and conditions of your current policy, including any exclusions.

Check before you travel

The UK Global Health Insurance Card (GHIC) lets you get state healthcare in Europe at a reduced cost or sometimes for free.

If you have a UK European Health Insurance Card (EHIC) it will be valid until the expiry date on the card. Once it expires, you’ll need to apply for a GHIC to replace it.

GHIC and EHIC do not replace travel insurance.

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Castle Insurance Durham

Castle Acquisition

Castle Insurance Services has just completed the acquisition of another local independent broker, EW Knapton which has branches in Newton Aycliffe and Bishop Auckland, Insurance Age can reveal.

Castle Expansion

MD Paul Younger chats about the broker's acquisition strategy and details how the business has been impacted by Covid-19.

Castle Insurance Services managing director Paul Younger has stated that the broker is actively looking to make more acquisitions.

Castle Insurance Durham
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ABI CORONAVIRUS INFORMATION HUB

With the ramifications of COVID-19 (coronavirus) being felt by people and businesses around the world, insurers are working to support their customers through this difficult time and respond to the changing policy landscape.

Here you can find information relating to COVID-19, including advice, guidance, and common questions relating to insurance.

COMMUNITY AND CHARITIES

The Red Sky Foundation, formerly the Red Sky Ball, has joined forces with Durham-based Castle Insurance which will not only be providing insurance to the organisation, but will also help boost funds for the charity.

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Covid-19

Covid - 19

With the advent of the COVID-19 pandemic in the UK many organisations are implementing contingency plans such as home-working, skeleton staffing, social distancing and cleansing regimes to maintain operations.

Underinsurance

Your premium is calculated based on your individual circumstances and the amount of cover you choose to take out to protect your business. Underinsurance occurs when you’ve not taken out the right amount of insurance cover for your needs. There will be a variety of factors to take into account when you assess how much insurance you need. If you’re not sure about this you should get advice from a broker or valuation expert because if that amount is wrong, it’s likely to impact the amount you’re paid for any claim you need to make.

Underinsurance
Insurance Act

Insurance Act 2015

The Insurance Act 2015 came into force 12 August 2016, and applies to all commercial contracts of insurance (and variations to existing contracts of insurance), and introduces what the UK government has described as “the biggest reform to insurance contract law in more than a century”

Welcome to the team

Welcome to the team, John Neill.

John has recently been appointed as a Senior Manager of Castle Insurance Services based in County Durham. We are delighted to welcome John into the business. He will play a key role in realising the ambitious targets we have set ourselves building upon the success we have achieved to date which is based upon supporting our staff to deliver excellent products and services to businesses and individuals

John has over 30 years’ experience in the insurance industry more recently as an Area Director with Towergate and as a Business Partner with Willis Towers Watson Networks providing advice and support to brokers throughout the United Kingdom.

“I very much look forward to working with everyone at Castle and to explore the many opportunities I am confident are available to us. The business has a proven track record, strong commercial relationships and a highly capable team”. - John

Wishing John the best of luck in his new role! 

John Neill
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Coronavirus Support for Businesses

As the UK prepares for the proposed Government roadmap to ease the lockdown restrictions, we want to ensure that our valued clients have access to the most up to date information to make your life a little easier. Dubbed the budget for the pandemic, the Chancellor of the Exchequer has delivered the 2021 budget; with changes to some of the support already in place, as well as new initiatives, you may be eligible for loans, tax relief and grants.