COVID-19: The Impact on Marine Protection and Indemnity Coverage Amid the tragic human impact of COVID-19 and governments’ restrictions on travel and commerce, businesses are feeling the economic consequences of the pandemic. COVID-19 has reshaped the marine sector’s risk landscape, and raised questions about shipowners’ protection and indemnity (P&I) coverage and how this may…
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Category: COVID-19
What Ascend’s Private Hire insurance covers and the optional extras you can add to your policy.
What Ascend’s Private Hire insurance covers and the optional extras you can add to your policy At Ascend Broking, we believe that insurance should be simple. Nobody should have to read through pages and pages of insurance jargon to understand the cover they have in place. In this post, we’ll look into what your Private…
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Cybersecurity Best Practices for an e-Commerce Website
Cybersecurity Best Practices for an e-Commerce Website Recent decades have seen tremendous growth in online activities, including online shopping, thanks to the evolution of technology and e-commerce platforms. This growth was only accelerated by COVID-19 – the pandemic led many businesses, in an effort to stay connected with customers, to shift from traditional in-person communication…
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Per-mile Insurance
A different way to pay for your car insurance: pay-per-mile Pay per mile car insurance No one likes paying for their car insurance. We’re forced to buy it. It’s a pain. However, some new types of insurance are making it a slightly less bitter pill to swallow. We all know there are a few…
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How usage-based Fleet insurance works, it’s benefits and how to get a quote with Zego
How usage-based Fleet insurance works, it’s benefits and how to get a quote with Zego At Zego, our Fleet insurance is designed to offer you a premium that matches the actual usage of your vehicles, so you always get a fair premium that is in line with your risk. Unlike traditional Fleet insurance, for…
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Could you benefit from pay-by-mile car insurance?
Could you benefit from pay-by-mile car insurance? Traditional car insurance is not designed to benefit low mileage drivers. Millions of motorists around the UK who drive less than 7,000 miles per year are paying significantly more than those who spend more time on the road. After extensive research, pay-by-mile car insurers found the most popular…
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What effect is Covid having on the hard market?
What effect is Covid having on the hard market? It is well established that the insurance market is in a period of hardening. Experts within the industry have been analysing the forces at play and the phrase ‘perfect storm’ has been used to signify what is a uniquely challenging set of pressures affecting the market. …
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Insurers have paid £968m in interim and final BI claims payments so far
The FCA calculates that 26,238 policyholders out of 41,666 who have had BI claims linked to the test case action accepted have received at least an interim payment so far! https://www.insurancetimes.co.uk/news/insurers-have-paid-968m-in-interim-and-final-bi-claims-payments-so-far/1438504.article Although you may or may not have received a settlement for your Business Interruption Covid claim, are you now happy in the…
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Summer Newsletter 2021
Welcome to our summer newsletter 2021! The Insurance Market While the rollout of a Covid-19 vaccine and the slow return to normality in 2021 has buoyed society & the market, there will still be challenges as the economy recovers from the deepest recession in modern history. In the insurance sector, many…
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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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