Tag Archives: insurance

Terrorism – are you protected?

Over the past few months there has been no escaping the sad reality of the world we live in today.  Unfortunately stories of terrorist attacks are becoming a regular occurrence – but have you thought about what a terrorist attack could mean to you? It is our natural instinct to protect our lives however possible […]

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The Ogden Discount

If we mention the ‘Ogden Discount’ to you, you’d probably look at us blankly. However the decision taken by the Lord Chancellor, Liz Truss, to change the way insurers calculate compensation awards for serious personal injury could have an impact on your insurance premiums. In a nutshell the Lord Chancellor’s decision ensures inflation doesn’t erode […]

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How does Cyber Insurance actually protect your business?

The regulatory and legislative requirements you need to comply with in the aftermath of a data breach can be mind boggling to even the most prepared businesses. Expert advice and guidance is therefore essential when making decisions and implementing plans to mitigate the reputational damage, law suits and regulatory investigations arising from a data breach. […]

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How would your business survive following a large insurance loss?

We have been out and about in South Yorkshire talking to motor traders a lot recently and found that Business Interruption (BI) insurance is a common gap in cover. There seems to be a common misunderstanding of the importance of BI cover and more often than not, we are finding that so many motor traders […]

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To flood or not to flood…

Insurers are in the business of “risk transfer”. Put simply, having identified a risk, such as a flood, businesses and private individuals may transfer that risk by paying a premium to an insurer.  In principle, for a risk to be insurable it must be accidental and fortuitous in nature. Events that are deliberate or inevitable […]

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Drivers Beware!

Every year there are many deaths and serious injuries on our roads as a result of dangerous and careless driving. Last year there were 1,730 deaths on the roads, equating to 5 deaths per day.  A  further 60 people are seriously injured every day.  Many incidents can be avoided. Whether you drive for pleasure or business, we […]

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Cyber Insurance – what is it?

“We don’t need that. It’ll never happen to us. We’ve got great controls!’’ Many businesses are unaware that they are inadequately insured in respect of a data breach. Cyber insurance can play an essential part in helping a company with the costs that occur when dealing with a data breach. These costs can include: Loss […]

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