Ascend Executive Newsletter Summer 2021 As we reach the end of another unusual summer in the UK, the things we hold dear to us are perhaps even more important and protecting wealth and assets remains a priority both for you and for us. We know that a life less ordinary demands insurance of an entirely different calibre and, when…
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Category: Charity Insurance
Key Person Cover
Key Person Cover Protect your biggest asset – your staff. Are there people within your business who are key to driving its profits, performance, technology and new sales? Is this person you? Every successful business relies on a team of key employees to enable it to thrive. This means that the loss of one…
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Why charities need cyber insurance, regardless of size
Why charities need cyber insurance, regardless of their size With all the challenges and changes Covid-19 is bringing, we have seen a sudden and near-total shift to remote working (and now a more measured transition to blended working), and many charities have had to re-examine their existing cyber security practices. In the past year, 20% of charities…
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Ascend launch new forest initiative
Aim to plant 10,000 trees As part of our commitment to the environment we have launched our Ascend Forest initiative. We have been working closely with MoreTrees to help stop deforestation and help the world’s climate change. Our goal is to be part of the initiative to plant 1 billion trees. On behalf of our…
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Charity shops off to a flying start with restrictions lifting
Charity shops off to a flying start following the lifting of restrictions Charity shops across the UK have seen an increase in donations, even the ones that have remained closed, with items being left outside the shops. Charities have requested that items are not dumped outside the front of the shops. Once items are dumped…
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Charities need to be fraud aware
Charities need to be fraud aware The charity sector has an annual income of over £69 billion making the sector vulnerable from acts of fraud and financial crime. Charity trustees have a duty to manage their charity’s resources responsibly and ensure that funds are protected, applied and accounted for. Therefore they must make sure suitable…
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Abuse cover
Abuse Cover The Charity Commission released their safeguarding strategy in 2017. The strategy sets out the duty of care charities must display when it comes to preventing abuse, with one major point being that safeguarding should not only apply to those who are most vulnerable, but actually any party who comes into contact with the…
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Do you know why public liability is so important for your charity?
The importance of public liability for your charity Public liability insurance is an important insurance cover requirement for all companies, so what is it and why do you need it? As an advice-based insurance broker, we thought we would share our knowledge with you on public liability insurance: Public liability insurance explained: Public liability insurance is…
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How could underinsurance affect your charity?
Could your charity be underinsured? The pandemic and the resultant hit to the economy has forced businesses to look at every cost to make savings and insurance is no exception. A major worry is that vital protection could be sacrificed for relatively small premium savings, making businesses more exposed. Recent research undertaken by Aviva…
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Business interruption for charities
Have you considered the potential impact to your charity should disaster strike? Have you considered a fire, flood, or an opportunistic hacker? If not, it might be time you did! Let us take a look at what’s covered under business interruption. What is business interruption insurance? Business interruption insurance provides cover for losses following…
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