I recently had a meeting with a gent who manages large construction projects and he was surprised to learn that you can insure loss of profits before a business starts trading. This is a little known cover that works well in retail, leisure and property based...
The insurance definition of unattended items is a tricky one. Believe it or not this case history was made in the 1960’s when a sales rep left his car in a layby on A road. Then watched with disbelief as his car was driven off and his samples were stolen. The judge...
Is your business or home close enough to be affected by problems next door? Have you assumed that you will be covered by your neighbours insurance? If you do, you may get a nasty shock, as insurance works best when you cover yourself. Especially if your neighbour...
Discover how to help your business before your neighbours suffer a catastrophe Did you know insurance claims don’t always get paid when health and safety investigations are underway? There are four companies being prosecuted for H&S failures following the...
To claim or not to claim I’m often told that businesses have been advised not to make insurance claims because premiums will go up. This is certainly true in some cases yet I feel that analysing trends is the most appropriate way to work out if an incident will...
Here’s some handy tips to combat workplace stress Not all employers’ liability policies cover all types of stress claims because stress is not an illness or an injury. Stress is a modern buzzword for allsorts and you probably have a very simple way of helping anybody...
Employers often ask why insurance companies pay the wrong employee claims. The answer may be that it’s cost effective. Why incur court costs when you know the claimant will accept less than the cost of mounting a defence? The other answer is that sometimes they have...
Discover common mistakes that you should try and avoid and get your claims paid or defended Making an insurance claim can be stressful and people are often under immense pressure when doing so. We set out below some common mistakes to avoid when making a claim in...
Discover a top tip you can take advantage of today The term ‘All Risks Insurance’ is one of the most misleading phrases in business insurance, creating confusion, hidden exclusions, and costly problems for unsuspecting policyholders. My pet hate has always been the...
