Directors and officers liability insurance rates will likely more than double for some sectors in the wake of the COVID-19 pandemic as insurers respond to increased shareholder litigation over the past three years and future litigation over coronavirus-related exposures, according to a report by A.M. Best. The report rating agency noted that rates have already…
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Author: Admin
How to manage your motor fleet post-lockdown
For business owners managing fleets of vehicles it is essential that provisions are made to ensure that all vehicles are safe and legal and to prepare drivers for returning to the road. The most important thing for managers to inspect is whether a vehicle is safe to drive. With many vehicles being stationary for many…
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Essex off to a winning start
Essex are off to a winning start in the Bob Willis trophy with a win over rivals Kent at Chelmsford. The match was a tightly fought one with the result being very close in the end. Essex eventually won by 2 wickets. Essex’s standout performers were Ryan Ten Doeschate who hit 78 in the first…
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Cost of motor cover at four year low
In the second quarter of 2020, the cost of motor cover was at its lowest in four years. This fall reflects the impact that coronavirus has had on the UK with motorists taking far fewer car journeys. The price of cover is down 3% from the first quarter of 2020. Motorists have clearly been benefitting…
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Deloitte strategies for post-Covid recovery
Deloitte have released a 22-page document which informs on how businesses can get back to a new normal and thrive. This document can be found in Ascend’s Covid-19 FAQ’s The document and post-Covid recover bases around 5 key principles: Reflect, Recommit, Re-engage, Rethink and Reboot. Deloitte say these principles lay the foundations to allow businesses…
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Covid-19 has caused a surge in cyber crime
With offices re-opening with eased lockdown restrictions, many are fearing that difficulties may arise in stopping cyber crime while part of the workforce remains at home. With over 75% of companies saying that a large proportion of their employees will remain working from home, remote-working issues will remain for some time. A top worry for…
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A new way of managing insurance cost launches today
Today Self Insurance Protect has been launched! This new, revolutionary area provides an alternative to traditional insurance. The benefits of Self-Insurance include: Lower fixed costs (program administration) Reduced losses through better loss control Improved cash-flow More visibility on claims control Improved overall performance Visit Self Insurance Protect today Contact us on 01245 449060 to find…
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Ascend sponsor Paul Walter for the 2020 season
We are delighted to sponsor Essex Cricket’s Paul Walter for the 2020 season. The left-handed all-rounder was Essex’s leading wicket-taker in 2o17’s Natwest T20 Blast. Born in Billericay, Walter is proud to represent his home county at first-class level and we are excited to see his successes in the coming season. Essex kick their season…
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Cyber weaponisation of Covid-19
Cyber criminals have jumped on the lack of cyber protection that many businesses have in order to steal valuable information and scam many small and large businesses. One particular attack came against EasyJet, showing that not only small businesses are vulnerable to attack. The Covid-19 pandemic is being used by cyber criminals for financial, political…
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Foreign travel insurance advice from the FCO
From the 10th of July holiday makers returning to England will not have to go into a period of quarantine with the FCO lifting its ‘all but essential’ travel rule. Those returning from countries such as France, Spain, Barbados, Australia and Japan will no longer have to isolate. A full list of nations where…
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