Business Interruption – 40% of policies are underinsured
October 30, 2017

Business Interruption – 40% of policies are underinsured

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Inadequate business interruption insurance cover can seriously impact the ability of a business to recover following a loss. However, business interruption is a notoriously difficult area to understand and The Insurance Institute of London estimate that around 40% of policies are underinsured. The problem arises due to misunderstandings of the term ‘gross profit’. The definition…

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Flood – The risk and how insurance will respond
October 30, 2017

Flood – The risk and how insurance will respond

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Many of Britain’s business owners have witnessed the devastating effects of flooding. The need for adequate insurance cover and business continuity planning has never been more apparent. Insurance can be arranged to cover both the physical damage to your property and your business’s loss of income as a result of certain specified incidents. Check your…

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What is fleet insurance
October 26, 2017

What is fleet insurance

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What Is Fleet Insurance And What Does It Cover? Fleet Insurance is designed for businesses with multiple vehicles, to have them all on one policy. Whether they are cars, vans, minibuses, trucks, taxis or HGVs, there are 3 levels of cover to choose from:- Comprehensive Third Party, Fire & Theft Third Party Only Generally these…

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What is a retroactive date on professional indemnity insurance?
October 25, 2017

What is a retroactive date on professional indemnity insurance?

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If you purchase any kind of professional indemnity insurance then the chances are you will hear the phrase ‘retroactive date’ at some point when arranging your professional indemnity insurance cover. This is an important area which many businesses overlook when placing professional indemnity cover. A retroactive date is generally the date from which you have… Read more
Cloud security – onsite security vs cloud
September 30, 2017

Cloud security – onsite security vs cloud

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Cloud security. It’s one of the most frequently cited concerns for businesses that are considering moving their applications and data to a cloud provider. The common belief is the company’s data is more secure on company-owned servers at onsite data centres. But how true is this? Are data centres more secure because they’re on a…

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One reason not to just focus on price – claims examples
September 22, 2017

One reason not to just focus on price – claims examples

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Many decisions on purchasing insurance are made purely down to price. The claims scenario below is a real situation that occurred, the 2 responses below show how two different policies would respond to the same claim. In this instance, the client had the wider cover and was extremely glad they opted for the better product!…

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Ogden table update – how large claims are calculated
September 22, 2017

Ogden table update – how large claims are calculated

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The government has intimated that they will soften their stance on the announcement in March 2017 regarding how large personal injury claims are calculated. Back in March, large claim calculations had a provision built in that there would be no investment return on lump sum payments and infact the settlement would reduce by 0.75% each…

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5 tactics cargo thieves use and how to help prevent them
September 20, 2017

5 tactics cargo thieves use and how to help prevent them

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Technology continues to transform cargo theft, as companies work to stay one step ahead of highly strategic cargo heists, from creating fraudulent companies to arranging for fictitious pickups. Being aware of current theft tactics can help haulage and freight companies more effectively protect their cargo and prevent interruptions to their supply chains. Thieves that commit…

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Executive family motor fleet – don’t settle for standard insurance cover
September 20, 2017

Executive family motor fleet – don’t settle for standard insurance cover

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Are you looking for that something extra? Most standard insurance policies just will not provide you with the cover and flexibility you need. Whether you’re looking to insure your family fleet of cars or just the one, we can tailor cover just for you. We are able to cover a range of cars from prestigious…

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Home Cyber Protection  – how secure are your family?
September 16, 2017

Home Cyber Protection – how secure are your family?

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Modern households are more connected than ever – from your computers and phones, to entertainment systems and even household appliances and equipment. While these connections have made our lives simpler and easier, they have also opened up homeowners to a new range of personal cyber risks. What would you do if your home network was…

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