Tag Archives: insurance

12 Days of Insurance

With the holiday season well and truly in swing, make sure your business is prepared with a helping hand from ProAktive! 12 Lights are flickering It is compulsory that every business must carry out an Electrical Inspection (IEE) for commercial premises at least every 5 years. The inspection is an associated test to check whether […]

Back to the Future – Electric Vehicles

With the rise in fuel prices and the negative environmental impact associated with traditional fuels, such as petrol and diesel, electric cars are certainly a responsible choice for the environment. The UK Government has committed to reducing emissions by at least 80% of 1990 levels by 2050, under the Climate Change Act. And, according to […]

Unpredictability – the new normal

Business resilience is the key issue firms are grappling with when faced with increasingly large & unpredictable business interruption & supply chain risks. How resilient is your business if the worst happens? Whether it’s a flood on the other side of the world, a fire at a supplier’s premises or a major cyber-attack, business interruption […]

It’s nothing to do with Brexit

There was a time when insurance premiums followed a well-trodden cycle. Premiums would decrease based on competition and then a ‘hard market’ would follow (broker speak for rapidly rising premiums: 20%, 50%, 100%, 200% – big numbers) as a result of insurance companies desperately trying to get more money into the pot. It’s a time […]

If we keep our ‘Sums Insured’ low it won’t cost us as much…

…WRONG!   This could end up costing you a lot more in the long run. There are a surprising number of businesses both large and small that are drastically under-insured. Some may genuinely believe that they have insured for the correct amount at the time whilst others may have intentionally left their sums insured low […]

Liability Insurance Conditions, which apply to you?

Most policies covering Public and Products Liabilities will have conditions applied. You may be aware of this but not necessarily understand what actions are required by you or how they will impact your business if not complied with. Here are some pointers of what to look out for when incepting, renewing or just reading your […]

Directors & Officers: Navigating the landscape

My hot take: Company Director = Circus Performer. Not seriously of course, but it does involve a juggling act with various roles and responsibilities serving as flaming pins. There is a tightrope to walk. Fortunately, insurance can provide some measure of comfort and protection to anyone occupying this role, and indeed, I write on the […]