Insurance Rate Increases – how the market has changed in the last 24 months
As far back as 2003, the property and construction insurance market has had many more potential sellers than buyers, meaning lower prices and more choice for customers.
Exiting Lockdown – Is your business prepared?
The global COVID-19 pandemic has had a dramatic impact on many industries. Though some businesses have managed to keep operating throughout the pandemic, many have been forced to close their doors for the duration.
Now, with quarantine restrictions relaxing and many businesses being in a position to begin to reopen, there are many considerations and precautions to be weighed up.
COVID-19 How Your Insurance is Affected
Following the announcement on Monday evening (23rd March 2020) by the government that all non-essential retail businesses with premises should close their physical doors, we believe we should draw your attention to the Unoccupied clause that will be in all Commercial Insurance policies covering operating premises.
Flood Cover – are you protected?
With flood warnings currently being issued in Kent, a lot more insurance customers are wondering about their flood cover.
Storm Damage – Protecting your property
Here in the UK, it may feel that we don’t have the extremes of weather that some other countries around the world have. However, we do still suffer from storms, and storm damage is something that needs to be on our radar.
How Much Are Insurers Paying for Natural Disasters?
It seems that there has been an unusual number of natural disasters in the last two years or so. Hurricane Maria hit the Caribbean in September, while an earthquake in Mexico killed more than 200 people. Hurricane Irma and Hurricane Harvey were also massively destructive in different areas of the US. In other parts of the world, floods and landslides in Sierra Leone and monsoon flooding in Bangladesh were particularly dangerous. Most recently, deadly wildfires have destroyed areas outside of Athens.
Fit for Purpose Leadership – Volume 3
Morpheus Insurance’s very own Simon Hammond has contributed hugely to the new publication ‘Fit for Purpose Leadership – volume 3’ by writing a chapter based on his 30 years of experience in the industry and 16 years experience of running his own company.
Insurance Premium Tax Increase: What Does It Mean For You?
You may not realise it, but every time you take out an insurance policy for your home, your health, your car or even a holiday abroad, you pay something called Insurance Premium Tax.
Underinsurance and Brexit: Are You Still Covered?
Though the long-term effects of the UK’s decision to leave the European Union are still yet to become totally clear, one effect is undeniable: the referendum which took place in June 2016 has had an enormous effect on exchange rates and underinsurance.
Everything Businesses Need to Know About the New Insurance Act
Today the new Insurance Act 2015 has come into play, meaning that the rules and regulations for businesses buying insurance have changed. To make sure you stay on the right side of the new laws, this guide will provide all of the information you need to know about the Insurance Act.