Tag Archives: insurance

Is the Professional Indemnity tide turning?

Over the last ten years Professional Indemnity premiums for the traditional and emerging professions have been pretty stable. This has also been the case for the ‘design and build’ construction sector. The market has been characterised by a benign claims climate and a ready supply of Insurers prepared to offer terms at generally competitive rates, […]

Terrorism Disruption Insurance

A traditional terrorism policy within the UK operates in the event of physical damage to premises as a result of a terrorist attack, targeting loss of life and creating fear and panic. However, terrorism in the UK is evolving – The changing nature of more recent attacks can cause significant disruption to businesses located in […]

Sub-contractor or Employee? An insurance perspective

Most construction work these days is completed via the use of sub-contractors.  One reason for this is that it is not economical to have permanent staff and so workers are brought in on a temporary basis when required for a job.  It could also be specific specialism is required and so a specialist contractor would […]

Your contents are covered, but does that matter?

If we talk about suffering a major loss at your premises, you will most likely think about your assets – buildings, plant, machinery, stock etc. If you didn’t insure them, how could you continue to operate? Knowing that if a significant loss were to occur, you would get all of your physical items replaced meaning […]

How secure is your electronic marketplace?

Your computer system may be secure, but how much do you rely on a Third Party customer or a supplier’s platform for your orders to be placed and then passed to you for processing? Businesses are dealing more and more with e-commerce companies that place orders on behalf of their customers for the purchase of […]

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 […]