Travelling is an exciting and rewarding experience, but it’s important to remember that anything can happen whenever and wherever you are travelling. That’s why it’s essential to make sure you have checked your existing travel insurance policy or taken cover out for your next trip. Here are five reasons why you need travel insurance: 1. …
As more and more business activities move online, almost all businesses are at risk from cyber liability and cybercrime. Cybercriminals are constantly developing new tactics and tools to exploit vulnerabilities in business systems and steal sensitive data or money. Here are some factors that can increase your business’s risk of cyber liability and cybercrime: Type …
Cyber Liability and Cyber Crime – Is my business at Risk? Read More »
What is underinsurance? Underinsurance is when your insurance policy cover and limits are lower than the total cost to rebuild your property. So, for example, if your insurance policy has a buildings sum insured of £850k but the total cost to rebuild your property is £1million this is called being underinsured. Why does underinsurance exist? …
Do you own or have you recently purchased a listed building, or are you considering it? If so, you may need to consider talking to someone about buildings insurance that will specifically cater for the listing status. Listed buildings often require special insurance cover due to their unique features, construction, and heritage status. What is …
It is increasingly becoming a litigious society, claims of wrongdoing are on the rise, and customers, shareholders, investors, and even other employees seek to hold people accountable for mistakes and problems. Even regulators could involve civil, criminal, or regulatory proceedings. If legal proceedings take place, they can ultimately set companies back by hundreds of thousands, …
Management Liability Insurance: Protecting your Directors and Officers Read More »
It’s a challenging time for businesses of all sizes, with rising energy costs and existing supply chain issues, and struggles to fulfil orders in the pipeline whilst generating income and balancing the books. Here are some practical tips and ways businesses with vehicles on the road can help to reduce their spending. Motor Insurance Insurance …
Motoring cost rises – how businesses can look to save money Read More »
For investors and property owners – buildings insurance should act as an important safeguard protecting property assets against unexpected events. Having such in place should cover the costs of repairs or rebuilding work after an insured event like a flood or fire but, the reality for all too many property owners across both domestic and …
These are certainly unprecedented times. Following recent announcements, we appreciate that businesses have changed quite literally overnight. We have clients with empty buildings and no workers in attendance, while others have started to provide new products or services or deploy them in a different way. To this end, we wanted to drop you a note …
COVID-19: Insurance Disclosure and Risk Management Guidance Read More »
We are fully aware that recent events have led to unprecedented circumstances forcing most businesses and employees to relocate to working from home. Whilst, to some, this will not be completely unfamiliar, for the majority, the changed working environment could pose a couple of questions about your business security and insurances. Leaving Behind an Unoccupied …
The situation relating to the spread of a new Coronavirus strain from Wuhan in Hubei province in China continues to develop rapidly. Following the statement released on 31st January which highlighted Coronavirus as a known event from 22nd January 2020, the information below is intended to assist in responding to numerous questions clients may have. …