Tag Archives: liability


Subcontractors – The difference between LOSC and BFSC
June 3, 2020

Subcontractors – The difference between LOSC and BFSC

0 comments

The insurance definition of BFSC & LOSC is different to the HMRC definition. Ensure you have the correct procedures in place to ensure your insurance policies respond in your time of need. Whilst it is difficult to provide an accurate definition (as the law does not provide one), it is important try to correctly determine…

Read more
Managing Your Exposures – Sport & Leisure Industry
May 22, 2020

Managing Your Exposures – Sport & Leisure Industry

0 comments

Managing Your Exposures – Sport & Leisure Industry Some risks are common to all in the sector property and casualty exposures for risks such as fire, flood or slips & trips – liability. Also, Business Interruption is a big consideration for those with a reliance on a specific location – for example a Hotel or…

Read more
UK bosses could face a wave of Coronavirus-related claims
April 28, 2020

UK bosses could face a wave of Coronavirus-related claims

0 comments

UK bosses could face a wave of coronavirus – related Directors & Officers claims Administrators, managers, and directors of any company, regardless of its size or activities, shoulder significant responsibilities in relation to the way they conduct themselves and justify the trust placed in them. This may result in claims against them for actual and…

Read more
The silver lining of the ‘Ogden rate’ cloud
July 15, 2019

The silver lining of the ‘Ogden rate’ cloud

0 comments

The ramifications of Spring 2017’s ‘Ogden Rate’ changes are being felt across the personal-injury-prevalent motor and higher-risk trades, but is this anything to worry about and what can be done to lessen the pain? The Ogden rate is a calculation applied to lump sum payments awarded to those who suffer injuries, the impacts of medical…

Read more
With over 100 years combined experience, Ascend’s team are the specialists you need!
September 12, 2018

With over 100 years combined experience, Ascend’s team are the specialists you need!

0 comments

Policy Wording – Boring? Yes. But important. Of all insurances, those for Contractors are generally the most complex and most in need of specialist knowledge in their arrangement. I am willing to bet: Your Contractors policy wording (Liability and Contractors All Risks) isn’t the best. Why? Because you have your insurer’s standard policy wording and…

Read more
Covernotes Winter 2017 Newsletter
December 21, 2017

Covernotes Winter 2017 Newsletter

0 comments

Winter 2017 Newsletter Please download our winter 2017 newsletter Winter covernotes 2017 In this months Covernotes we cover:- Motor Vehicles: the new instruments of terror Weather-proof your business against the winter Social engineering, spear phishing, whaling…the latest trends in cyber-crime Are you GDPR ready? Recovering after a flood How would you handle a product recall?…

Read more
Ogden tables – what can you expect to change for the remainder of 2017
May 31, 2017

Ogden tables – what can you expect to change for the remainder of 2017

0 comments

The UK motor fleet and liability market is reeling from the effects of the change in Ogden discount rate that came into effect from 20 March 2017. But what can clients expect to happen with their insurance renewal rates now? And what will happen in the future, read on to find out more. What is…

Read more
10 Cyber Resolutions
May 15, 2017

10 Cyber Resolutions

0 comments

As you may be aware, there has been an outbreak of a ‘ransomware’ type of computer virus called WannaCry, affecting users in many countries around the world. These have included firms such as FedEx and many NHS trusts. It is believed to have led to 57,000 infections in 99 countries. Ransomware is a type of…

Read more
Why all businesses require Directors and Officers insurance
May 11, 2017

Why all businesses require Directors and Officers insurance

0 comments

Directors and Officers liability insurance (D&O insurance) provides financial support and defence against potential investigations into the behaviour of your executives and the possibility of them being sued. Without such insurance, the company will be left to pick up the tab from their own resources. Or, failing that and more worryingly, it can often be…

Read more