Tag Archives: risk management


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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COVID-19: Turning to telemedicine
May 4, 2020

COVID-19: Turning to telemedicine

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COVID-19: Turning to telemedicine The use of telemedicine has been steadily on the rise for years, with companies around the world helping patients remotely. Since the arrival of COVID-19, major measures like social distancing have been implemented to fight the pandemic and this has seen an acceleration in the use of telemedicine. Regulation The World…

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

UK bosses could face a wave of Coronavirus-related claims

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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…

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The Insurance Impacts of 2019 Novel Coronavirus
February 26, 2020

The Insurance Impacts of 2019 Novel Coronavirus

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So how do you cater for such an event in your Business Continuity Planning? The outbreak of 2019 Novel Coronavirus (2019-nCoV), in Wuhan City, Hubei Province of China, has prompted questions of how insurance policies might respond to claims stemming from business losses attributed to this infection prompting this White Paper. The primary virus infection,…

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10 reasons why you should consider D&O Cover
September 29, 2019

10 reasons why you should consider D&O Cover

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Being a director is often challenging and potentially lucrative, but if the prospect of being sued is looming, it can be a lonely and alarming position. Directors and officers cover (D&O) provides a suit of armour in the face of legal action, with the insurer stepping in to provide guidance at the first sign of…

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Is your business at risk of underinsurance?
September 1, 2019

Is your business at risk of underinsurance?

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Your premium is calculated based on your individual circumstances and the amount of cover you choose to take out to protect your business. Underinsurance occurs when you have not taken out the right amount of insurance cover for your needs. What does it mean if I am underinsured? Taking out insufficient insurance cover will essentially…

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Why Defamation Cover Should Be Considered By All
August 26, 2019

Why Defamation Cover Should Be Considered By All

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In May, a UK publishing-tech start-up business set up a crowdfunding website, to try to finance expansion into the USA, having already created 100-page biographies for 475 everyday individuals since its foundation in June 2015. You no longer need to be a celebrity to have a biography that records the memorable moments of your life.…

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Water, Water Everywhere: Escape of Water
August 19, 2019

Water, Water Everywhere: Escape of Water

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The continuing rise in escape of water claims has been identified by the Association of British Insurers (ABI) as an area of focus for 2018. In 2016, escape of water contributed to over a quarter of all domestic property insurance claims, ranking above ‘weather’ and ‘fire and explosion’. Between January and September 2017, these claims…

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Tradesman Liability Insurance – Why is it needed?
July 29, 2019

Tradesman Liability Insurance – Why is it needed?

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If you are a tradesman or if you work for yourself, you will probably know by now that one simple mistake or mishap has the potential to be very costly, even to the extent of closing down your business. For this reason, tradesman insurance is essential if you want to safeguard your livelihood. For the…

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