Category Archives: Insurance & Risk Management

Motor Insurance Premiums: the reasons behind the increases

Motor Insurance premiums continuously rise but do you know the reasons behind the increases? The construction techniques of vehicles are constantly evolving. We are building lighter, stronger vehicles with steel alloys, aluminium and carbon fibre to reduce the vehicle weight and emissions. At the same time, occupant safety is continually being improved which has seen […]

Should all Contractors have Professional Indemnity Insurance?

Many contracting businesses who do not specifically design anything for a fee will be unaware of the potential risks they may face in not carrying Professional indemnity cover.  In the increasingly litigious society we live in, where it would seem that everyone wants someone to blame, should you consider cover just to protect yourself if […]

Cyber Crime: a common phrase, often misunderstood and mis-sold.

I hear this term everywhere these days and I have to say, as an insurance broker, it concerns me a great deal. It falls into that catch-all category of insurance terminology, like “All Risks” and “Legal Expenses”, which without very careful explanation can over-promise and under-perform. It is important to understand that when you consider covering […]

Your environmental liability: don’t fall short on protection.

An area of risk that many companies overlook is environmental impairment liability. Regulations exist which impose responsibility for environmental damage. These regulations implement a ‘polluter pays’ principle, meaning that businesses must take precautionary measures to prevent environmental damage and take remedial actions if damage occurs. Failure to comply with regulations and or maintain proper standards […]

Kidnap and Ransom – A dangerous world

Kidnap and Ransom cover is designed to protect individuals and corporations operating in high-risk areas around the world. Locations most often susceptible to Kidnap and Ransom incidents include Mexico, Venezuela, Haiti, Nigeria, Somalia, Brazil, India and Central Asia (Afghanistan and Iraq). In practice, generally speaking, a crisis management helpline is also provided by the insurer […]

Will your plant still be on site in the morning?

Theft and arson on construction sites are two significant reasons why insurance costs are rising. These sites are an easy target for thieves as the lure of high value plant & equipment makes it easy for them to make a quick profit. Plant security is a difficult area to get right as thieves are well […]

Credit Insurance: Supporting your cashflow

The majority of businesses insure their physical assets, so why do so many businesses not insure their cash? Unpaid invoices can represent a significant proportion of  businesses assets yet many companies choose not to buy Credit Insurance. Credit Insurance has been around since the late 19th century and yet so many companies are either not […]