Category: Business


FCA business interruption appeal
November 30, 2020

FCA business interruption appeal

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FCA Test Case Update – Appeal Date Set for 16 November 2020   Ascend FCA Business Interruption Test Case – Update   At a ‘Consequentials’ hearing on 2 October 2020, the FCA, named insurers and Hiscox Interveners were given certificates to enable them to appeal to the Supreme Court. The Supreme Court agreed to hear…

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Why does transaction liability exist?
October 21, 2020

Why does transaction liability exist?

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In M&A deals. the seller typically holds liabilities should the deal fall through. If issues do occur then the seller will likely be financially responsible for any liabilities. The risk can be diminished by taking out transaction liability insurance which will reimburse the policyholder should any loses occur. By transferring risk over to an insurer…

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The growing threat of heat stress
October 7, 2020

The growing threat of heat stress

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Millions across the globe could be at risk of heat stress which may cause fatigue, drowsiness or in extreme circumstances kidney failure. The effect of global warming may have significant effects on humans and more many it may become ‘too hot to work’. This has been greatly enhanced by Covid-19 and the effect of PPE.…

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Riots, are you covered?
June 6, 2020

Riots, are you covered?

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Commotion gripping the USA has left many around the world wondering if their business is covered in the event of riots and civil disturbance. Are your vehicles covered? Vehicles are typically covered by a standard comprehensive insurance policy, providing payment for damages to the vehicle and its contents caused by fire or vandalism. Comprehensive cover…

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Allianz Step by Step Restarting Business Guide
June 2, 2020

Allianz Step by Step Restarting Business Guide

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Allianz have released their step by step guide for restarting your business to avoid the risk of legal action if procedures are not followed correctly. The guide includes notes on risk management, security and procedures to help manage your business in the post-lockdown period. With businesses looking to restart following loosening of lockdown procedures, many…

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Risk Insight: How Coronavirus is affecting Cargo Insurance
May 24, 2020

Risk Insight: How Coronavirus is affecting Cargo Insurance

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Risk Insight: How Coronavirus is affecting Cargo Insurance Customers What is the likely/potential impact on Supply Chain? All areas of the supply chain in or via countries impacted expect to face reduced capacity to handle goods due to restrictions on movements of people and cargo. These restrictions are likely to have a significant impact on…

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GAP Insurance is still important
May 18, 2020

GAP Insurance is still important

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Gap Insurance is still important A third of drivers say having access to a car is more important than ever following the Coronavirus outbreak. A third of drivers say they’re more reliant than ever on having access to a car. The research from the RAC underscores the increasing reliance many drivers have on their cars…

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Mothballed Construction Sites Part 2: Securing the Site
May 16, 2020

Mothballed Construction Sites Part 2: Securing the Site

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Mothballed Construction Sites Part 2: Securing the Site In this second part of our two-part series focusing on construction sites, we will look at some of the best solutions for securing those projects that have been abandoned as a result of the Coronavirus pandemic. Click here to read Mothballed Construction Sites Part 1: Leaving the…

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Reducing Motor Fleet Cover
May 14, 2020

Reducing Motor Fleet Cover

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Reducing motor fleet cover The current uncertainty in the haulage industry is causing people to think about their current fleet numbers. With a potential downturn in business, drivers self‐isolating, or just a reduction in volumes, it’s best to know your options so you can make the best decision. Own vehicles – You can lay them…

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What can we expect as manufacturers respond to the coronavirus?
May 8, 2020

What can we expect as manufacturers respond to the coronavirus?

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What can we expect as manufacturers respond to the coronavirus? The communicable disease already has several of the world’s most powerful nations in its grip, and the economic impact of this novel virus is starting to become evident. But what can we expect to see from the manufacturing sector as the battle rages on, and…

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