Steps to starting your own business (Part Two)

March 7th, 2017

Finding funding Raising start-up capital can be complicated and you’ll need to carefully weigh-up your options. Traditional approaches include using personal assets and bank loans while more modern methods include crowdfunding and business angels. Explore all available avenues and forensically crunch the numbers. Read the rest of this entry »

Top tips for starting your own business (Part One)

March 3rd, 2017

Starting and running your own business requires plenty of planning and plenty of hard work. To help you get off on the right foot we asked successful entrepreneurs for their top tips and got so many responses that we decided to write two posts.

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Cyber Security Tips for Businesses

February 23rd, 2017

The recent opening of the National Cyber Security Centre at GCHQ underlined the fact that we are increasingly under threat from cyber criminals. At a national level stories of cyber security breaches are never far from the headlines and they don’t get much more serious than Kremlin hackers interfering in the US presidential election. At an individual and business level the UK government estimates that £27billion was lost to cyber-crime last year, with businesses bearing the brunt losing an estimated £21billion. Read the rest of this entry »

Affordable insurance for businesses at risk of flooding

December 23rd, 2016

business-flood-2It’s great news for businesses located in flood risk areas as the British Insurance Brokers’ Association (BIBA) announces the launch of a new product aimed at helping commercial properties find competitive insurance.

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Uncertain times leave small businesses underinsured

December 12th, 2016

business-insurance-editThe decision to leave the European Union means that British businesses are facing an uncertain future. Doubtless there will be some ‘winners’ and some ‘losers’, but one thing we do know is that the drop in the value of sterling could leave businesses vulnerable to the risk of being underinsured. Read the rest of this entry »

Why brokers are the best bet for business insurance

August 19th, 2016

general insuranceIt’s never been easier to buy ‘off the peg’ insurance products; just go online and choose from any number of price comparison websites that are fighting for your custom. However, insuring a business is much more complicated than insuring your car or home and you need a bespoke product that’s tailored to fit your individual business’ needs. Read the rest of this entry »

Flood Risks for Businesses

November 30th, 2015

sand bags floodAccording to the ABI British businesses made 3,100 flood insurance claims and 44,700 storm insurance claims in the first two months of 2014. With the worst of the winter weather just around the corner we look at practical steps you can take to make sure your business stays buoyant. Read the rest of this entry »

Insurance Claims Facts and Figures

October 22nd, 2015

Insurance policyInsurance provides a financial safety net to help people cope with unexpected events, and new figures show just how much help insurance actually provides. A report by the Association of British Insurers has revealed that the industry pays out a staggering £77 million every day. Read the rest of this entry »

Professional Indemnity Insurance Explained

September 15th, 2015

professional indemnity insuranceIn the not too distant past Professional Indemnity Insurance was seen as a useful ‘business extra’ but thanks to an increasing appetite for negligence claims; it’s fast become recognised as a ‘business basic’. Research has revealed that the market has grown 7% year-on-year since the start of the decade and annual premiums now add-up to over £1billion. Read the rest of this entry »

Cyber Risk Insurance: Lessons from the latest high-profile hack attack

August 28th, 2015

 No matter where you stand on the on the ‘extramarital dating’ debate; the recent hacking of Ashley Madison has taught us all one clear lesson: leaky cyber security can destroy businesses, reputations and lives. Cyber crime can be catastrophic to both businesses and individuals, and as we live more of our lives online we all become increasingly vulnerable. Read the rest of this entry »