Water damage – over 25% of all claims originated from this risk
February 18, 2018

Water damage – over 25% of all claims originated from this risk

0 comments

In 2016, escape of water contributed to over a quarter of all domestic property insurance claims, ranking above ‘weather’ and ‘fire and explosion’. Between January and September 2017, these claims totalled £483m – an increase on the previous year. However, it’s also an issue in the commercial space. The continuing rise in escape of water…

Read more
Business Description – A Cautionary Tale
February 12, 2018

Business Description – A Cautionary Tale

0 comments

Does your business description on your policy documentation fully describe all your business activities? We often discover inaccurate or incorrect descriptions which could make a policy void in the event of a claim, we explain more ….. A man is working on a building site somewhere in Essex. A trained operator, he is digging a hole…

Read more
Construction mistakes – The use of subcontractors
February 4, 2018

Construction mistakes – The use of subcontractors

0 comments

Ian Lawley, Technical Director at Ascend Broking highlights some areas that need consideration when employing subcontractors and the potential exposure to your insurance arrangements. Many clients use subcontractors in the course of their business. This is quite normal of course and the client will expect to be insured for their use. But do they know…

Read more
Hauliers Liability – The importance of arranging the correct cover for your business
January 29, 2018

Hauliers Liability – The importance of arranging the correct cover for your business

0 comments

Simon Horton, Transportation Director at Ascend Broking takes a look at a hauliers responsibility for customers goods whilst they are in your care, custody or control. Hauliers are liable for loss or damage to goods at Common Law unless you operate under conditions of carriage or unless a statute applies. To carry under common law…

Read more
Two new motor fleet insurers enter the UK market
January 23, 2018

Two new motor fleet insurers enter the UK market

0 comments

Following the withdrawal of a number of motor fleet insurers in 2016/17, January has seen two new entrants utilising a select distribution network, one exclusively providing terms only with the use of forward thinking technology. We provide a brief overview as to how a different approach to the way you purchase motor fleet insurance can…

Read more
Cyber Liability Insurance Explained – Our Free eBook
January 21, 2018

Cyber Liability Insurance Explained – Our Free eBook

0 comments

Cyber crime is continuing to increase and so are the insurance products available to you from insurers. But not all are the same. So how do you know what the right coverage and risk management policy is going to be right for your business? To help you through this process Ascend have put together an…

Read more
Business Interruption – Indemnity Periods
January 19, 2018

Business Interruption – Indemnity Periods

0 comments

Business interruption provides cover for the loss of profit or loss of revenue following damage or disruption to business premises. This can also include the supply chain that prevents a business from trading normally or prevents trading altogether. Matt Price Broking Director at Ascend Broking Group explains why it is important to understand what an…

Read more
How to get the best price for your Haulage Motor fleet
January 12, 2018

How to get the best price for your Haulage Motor fleet

0 comments

Specialist insurance for the Transportation and Haulage sector needs a unique approach. It is important to engage a broker that has a specialism in your industry. They  must have the knowledge and expertise in your business sector and be able to provide you with full market access. But how can you ensure you are able to obtain the…

Read more
Engineering Inspection Insurance
January 11, 2018

Engineering Inspection Insurance

0 comments

Engineering inspection of plant and machinery is essential to ensure the safety of employees and the general public. It will also ensure your business meets the statutory requirements for workplaces in the UK. Evidence of compliance with health and safety law is very important if customers are to avoid interventions from the HSE. An engineering…

Read more
New Year Resolution No. 1 – underinsurance and how it can leave your business seriously exposed
January 4, 2018

New Year Resolution No. 1 – underinsurance and how it can leave your business seriously exposed

0 comments

As part of our New Year resolution tips we tackle underinsurance. Many businesses find themselves underinsured at a time of loss and only receive a fraction of the true value of a claim. It is thought that up to 80% of the UK’s commercial properties are underinsured and 40% of businesses underinsure their business interruption…

Read more