Category: Business Insurance

MoJ Announcement Means Higher Insurance Premiums

The Ministry of Justice has recently announced that it is changing the way that compensation payments will be calculated from 20 March 2017.

Courts use a specific calculation to determine the lump sum compensation that insurance companies should pay out under motor and liability policies to claimants who have suffered life-changing injuries.  This calculation is changing and will mean that people with long life expectancies will see lump sum awards increase by 50%.

How Well Do You Know Your Drivers?

UK Driving Licence

The passing of the paper driving licence went largely unnoticed, but as an employer you still need to check the licence of anyone using their own vehicle or  a company owned vehicle.   Why?   Two reasons really – firstly to make sure they actually have a licence to drive…what could happen to your firm… Read more »

Latest Big Name Cyber Victim – Yahoo

So Yahoo is the latest “big name” company to fall victim of a cyber attack, with a loss of client data including email addresses and passwords. The trouble is, it’s not just big businesses that are being attacked.  OK, it is alleged that this attack was “state sponsored” so may have been very deliberate but… Read more »

Do I need Cyber Insurance?

If you keep in touch with the news, you will have seen that the risks to business resulting from cyber-crime are hitting the headlines more and more.  As a result cyber insurance is getting a higher profile. Some large household names have been involved but smaller companies are equally at risk. In fact, because small… Read more »

What Insurance Does a 3D and 4D Baby Scanning Unit Need?

3D and 4D baby scanning

So when setting up a 3D and 4D baby scanning centre, what types of insurance are required? We seem to be developing a reputation as the broker to talk to about insurance for 3D and 4D baby scanning centres.  A common question is “What insurance do we need?” Well firstly, it’s important to point out… Read more »

Biggest development since the seatbelt?

Autonomous emergency braking (AEB) is considered to be one of the most important safety features developed since the seatbelt. It monitors the road ahead and automatically brakes if the driver fails to respond to an emergency situation meaning it can reduce the impact, or even stop the accident from happening in the first place. Some… Read more »

Multi-Million Pound Relocation – How we did it!

The Problem Recently, we were approached by a client who had been “bursting at the seams” for several years and had been looking for alternative premises to buy. After many months of searching, a suitable location was found and the purchase was agreed. The previous owner of the building, however, had gone into liquidation and… Read more »

Winter Checklist

That time of year is here; the vibrant green leaves turn crimson, the evenings once again bring dusk, starry skies, and the first signs of crisp air reminds us that yes, we really should have worn that coat! Autumn is well and truly upon us and that means one thing…winter is next. Here are our… Read more »

Insurance Steers Business Drivers in Wrong Direction

Do you ever drive your car for business use? Is it adequately insured? A recent survey by telmatics provider, Trimble revealed that 60% of their respondents didn’t know that they need to insure their car for business use if they ever use it on behalf of their company. This is a massive concern as more… Read more »