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 …
The threat of floods has increased significantly in recent years, and these rough waters don’t appear to be leaving us anytime soon. According to The Environment Agency, seven of the UK’s top 10 wettest years in history have occurred since 1998, and The Met Office predict that climate change could …
While any business relationship can be complex, adding a family dynamic to the mix creates unique issues and risks to navigate. Director and officer claims, employment-related legal actions and errors and omissions can affect family businesses more than other businesses. Pound Gates Insurance Brokers can develop a bespoke insurance programme …
Simple strategies small business owners can take to identify and manage top risks Optimism is the fuel that drives the entrepreneurial spirit, so it isn’t surprising that most small business owners consider themselves optimists. Too much optimism, however, can get a small business owner into trouble. A business plan built …
Charities face many risks that can result in loss, damage or liability for trustees – and for the charity as a whole. Risks include a loss of a charity’s assets or resources, damage to a charity’s property and third party liability for professional indemnity or public liability. Part of mitigating …
When the time comes to buying or renewing your insurance policy, do you simply go online or do you use a broker for advice? With under-insurance posing a big problem, the broker’s role, as a trusted adviser, is becoming increasingly important. In this video, created by BIBA (British Insurance Brokers’ …
