What is business interruption insurance?

Business interruption cover is designed to help your business get back to trading after an insurable event has taken place, something that has unfortunately become necessary as a result of the pandemic.

Why is it particularly relevant in 2020?

Earlier this year, thousands of businesses submitted insurance claims...

Many employees are now working from home and businesses have had to adapt to this change in working practice. Whilst some businesses had business continuity plans in place or employees that normally work from home, for other businesses the concept of home working is completely new and even unconsidered until it...

In times of uncertainty, it’s often difficult to look to the future and predict your company risk. We’ve asked one of our preferred insurance providers to examine those areas of insurance that should be prioritised, even if businesses are temporarily or partially closed.

1. Property Insurance including Contents and Fixtures &...

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...

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...

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...

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...

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...

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...