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 »

Cheaper Commercial Vehicle Insurance for Small Businesses

June 3rd, 2015

white van manSmall businesses form the backbone of the country’s economy employing more than 25 million people with a combined turnover of over £1.2 trillion. Having weathered the worst of the financial crisis SMEs are beginning to see the first shoots of economic recovery. However, every penny still counts and business owners will be happy to hear that commercial vehicle insurance costs are falling. Read the rest of this entry »

Cyber Security Tips for Small Businesses

February 6th, 2015

cyber securityThe Internet is a great way to generate new business and keep in-touch with customers, but with increased opportunity comes increased risk. Cyber crime is never far from the headlines and cyber criminals will ruthlessly exploit any weakness they can find. The following steps are designed to make sure your cyber defences are in good shape and that your business is protected:  Read the rest of this entry »

145,000 home based businesses mistakenly think they are insured

January 28th, 2015

home businessMany of the world’s biggest brands started life in spare rooms and home-based businesses are the lifeblood of the British economy. In fact, the government estimates there are 2.9million home businesses in the UK contributing an impressive £300billion to the economy.   Read the rest of this entry »

Chauffeur Insurance FAQ

January 23rd, 2015

chauffeur RRWith long hours spent behind the wheel of expensive cars it’s hardly surprising that chauffeurs have a tough time finding sensibly priced insurance. The good news is that is possible to get comprehensive cover which won’t break the bank; you’ve just got to know where to look. Read the rest of this entry »

Is your business covered for unexpected interruptions?

November 27th, 2014

1405-businessA report by a leading insurer has found that 60% of Small and Medium-sized Enterprises (SME) don’t have Business Interruption insurance and 10% don’t have any insurance at all. Small businesses are the backbone of the country’s economy and in these tough financial times it’s important to protect your bottom line. And that means making sure that your business is completely covered. Read the rest of this entry »

Cyber Security for Small Businesses

June 23rd, 2014

cyber securityIn the not too distant past ‘cyber security’ was the stuff of Science Fiction, but today it regularly makes the headlines. You just need to look at the recent hacking of eBay’s database, which potentially compromised the personal data of 223 million users worldwide, to see that cyber threats are very real and that they are here to stay. Read the rest of this entry »

Quarter of small firms face injury claims from workers

June 6th, 2014

business men making a puzzleMost entrepreneurs know that the first rule of business is to protect their bottom line, and that means finding the right insurance. To illustrate the point a recent report has found that 24% of small businesses have had an employee claim against their Employers’ Liability Insurance in the past five years. Read the rest of this entry »