Whether your organisation conducts business operations at the construction site, on the road or in the confines of an office building, it’s crucial to consider your environmental liability exposures and purchase proper cover as protection. Nevertheless, many organisations are quick to reject the importance of having an insurance policy for …
If you lease office equipment, such as printers, photocopiers, printers, computers or franking machines, we recommend you take time to check that you are not paying the leasing company’s expensive insurance premiums as part of your monthly payment. These additional costs are usually hidden in the small print, so take a …
Continuing our underinsurance theme, this week we look at the supply chain. While many organisations combat the risk of purchasing robust cover to protect against disasters that could take place within their own establishment (e.g. fire or flood), underinsurance is a risk that runs beyond your company’s walls – your …
Your business is your lifeblood, and as new opportunities allow you to grow, you should do everything you can to protect it. Yet, many businesses, regardless of industry, are risking their own survival by unwittingly remaining underinsured. You may only find out that your business is underinsured when you experience …
Robust risk management practices can help to protect your business from a range of potential disasters, but it can be increasingly difficult to prepare for the worst in an unpredictable market. In the midst of political uncertainty regarding Brexit, rising adverse weather instances at the hands of climate change, a …
As the owner or manager of a property management firm, you are responsible for meeting your obligations to commercial tenants. By meeting those obligations, you help your tenants’ businesses thrive as well as keep yourself safe from charges of negligence and insurance claims. Furthermore, as general legislative trends see more …
Every decision that directors and officers (D&O) of a company make has the potential to be scrutinised by clients, employees, shareholders and peers. These stakeholders may pursue legal action if they believe a decision adversely affects their best interests. The stakes are high – directors and officers risk losing their …
Even the most well prepared and well run business can be struck by disaster. In the last two years alone we have seen the total loss of two major UK self storage facilities due to fire. Events such as these are clearly devastating for the business affected but also for …
Between the variety of cyber-security concerns that companies faced throughout 2018 – including compliance with the recently debuted GDPR, high-profile data breaches and social media privacy scandals, to name a few – it’s no surprise that the European Confederation of Institutes of Internal Auditing’s (ECIIA) Risk in Focus 2019 report …
Employers’ Liability Insurance protects employers from claims of negligence made by employees who suffer injury or ill health due to their work. Unlike most other types of insurance, Employers’ Liability Insurance is compulsory. If you employ workers based in England, Scotland or Wales (including offshore installations or associated structures), your …
