We all know the ongoing risk that cybercrime is in our lives. With so many people tying their entire lives to their smartphones, that risk continues to go up as all your important information is linked together on one small device that fits in your pocket. There are many simple steps that you can take to prevent cyberattacks.
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.
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.
With flood warnings currently being issued in Kent, a lot more insurance customers are wondering about their flood cover.
Losing your business because of cashflow problems is traumatic. Losing your home as a result of personal guarantees being called in by the bank or finance company can be even worse, wrecking lives and relationships.
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.
The phrase ‘high net worth’ often brings images to mind of lords and ladies, millionaire bankers and celebrities. But in fact, when it comes to high net worth insurance, it’s not just the super-rich who qualify.
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.
When it comes to insuring your own construction business, you need to make sure you’re covered from every angle. Accidents happen, mistakes are made, and in the world of construction they can be costly. Without insurance, accidents and mistakes could end up putting you out of business.
