Analysis of the findings of almost 4,000 rebuild cost assessments carried out by Insurtech start up RebuildCostASSESSMENT. com also revealed that while underinsurance becomes less likely as sums insured increase, the overall picture is one of widespread inadequacy of cover.
Unlike healthcare and financial services organizations who regularly handle personal information, some professional services providers like engineers have been slower to adopt cyber insurance policies, assuming their risk is fairly limited.
We understand a loss, damage or injury may occur which is when a claim will result.
The most recent (2017) survey of Declaration Linked Business Interruption insurance by the Chartered Institute of Loss Adjusters (CILA) highlighted the ongoing concerns of underinsurance in Business Interruption (BI) claims. The latest survey, the fourth in nine years, identified that 47.5% of BI policies were arranged on a declaration linked basis and that 44% of [...]
With the uncertainty of trade now and in the next few years, Credit Insurance should be a serious consideration around many board meetings. Real stress will be put upon the cash flow of a number of companies up and down the UK, due to fluctuating prices and the uncertainty with the UK leaving the European [...]
With the fallout of Carillion’s collapse continuing, we thought we should reemphasise the importance of trade credit insurance The recent demise of Carillion demonstrates that no matter the size of a company, it can still fail and often with a much more catastrophic effect. Building construction site with scaffolding, low angle view The [...]
Policy The General Data Protection Regulations 2018 focuses on looking after the privacy and enhancing the rights of the individual and based on the premise that consumer and data subjects (including employees) should have knowledge of what data is held about them, how it’s held and how it’s used. It is our policy to [...]
Aches, pains and illness for employees can all affect productivity for businesses. For a small and medium-sized Enterprise (SME), it only takes as little as one person to be off sick for it to potentially have an impact on your profits (for example missing a meeting with a potential new client because of illness). Not [...]
Almost three-quarters of commercial buildings with sums insured of £500,000 or less are underinsured, according to new data from rebuildcostassessment.com. Analysis of the findings of almost 4,000 rebuild cost assessments carried out by Insurtech start-up rebuildcostassessment.com also revealed that while underinsurance becomes less likely as sums insured increase, the overall picture is one of the [...]
Imagine you have the opportunity to invest £100,000 for your company, with a 70% chance of providing a 20% return within five years. Do you decide to go for it?
