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Archive for the: Insurance category
The UK business economy is currently in a state of limbo as we wait for a decision around how and when we leave the EU. As described by Andrew Sentence, an independent business economist, the UK economy is in “no-mans land”, we are neither benefiting from being a full-blooded member...Read more
What is underinsurance?
In simple terms, underinsurance is when you/ your business holds an insurance policy that is inadequate in the event of a potential claim. This could mean that company assets are valued and insured at less than their true value, the limit of indemnity is too low, or the maximum...Read more
1. The reliability of your current provider
From small independent brokers to large established organisations and finance companies adding insurance to their service offering, there are infinite options when it comes to choosing an insurance provider. However, with so many providers to choose from there is a risk that you will opt for...Read more
Due to the sensitive nature of the sums divulged and the sheer importance of a companies’ insurance cover, the task of managing renewals often falls with the business owner or senior manager even if you have a procurement or facilities team in place. However, for many, carrying out a detailed...Read more
Cyber-crime is a hot topic at the moment with recent WannaCry ransomware attack affecting companies worldwide.
Experts such as James Burns (cyber product leader at CFC Underwriting) suggest that the SME sector, in particular, is at risk from such attacks. He explains that whilst “larger organisations have invested heavily in cyber...Read more
There are so many different types of insurance policies on the market, how do you know which is the right one for your business premises? In our experience, Office Insurance is a good way to ensure that your establishment is protected in the wake of any eventuality.
What is Office Insurance?
Office Insurance...Read more
Business owners and directors are responsible for pre-disclosure analysis and filtering of relevant information that the insurer uses as the basis of their quote. Failure of fulll disclosure in a acceptable clear format may result in certain insurers refusing to underwrite what they consider to be possible...Read more